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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flow from operating activities:    
Net earnings $ 112,968 $ 80,569
Adjustments to reconcile net earnings to cash provided by operations:    
Depreciation 68,999 63,641
Amortization of deferred policy acquisition costs 3,683 2,811
Change in allowance for losses on trade receivables (14) (102)
Change in allowance for inventory reserves (935) 695
Net of (gains) losses on sale of real and personal property (11,565) (7,516)
Net (gain) loss on sale of investments (1,776) 39
Deferred income tax 31,828 4,641
Net change in other operating assets and liabilities:    
Reinsurance recoverables and trade receivables (22,715) 23,486
Inventories (973) (5,398)
Prepaid expenses 14,098 267
Capitalization of deferred policy acquisition costs (7,808) (5,420)
Other assets (4,532) 20,518
Related party assets 24,878 144,890
Accounts payable and accrued expenses 18,162 47,981
Policy benefits and losses, claims and loss expenses payable 1,609 (24,242)
Other policyholders' funds and liabilities (180) (1,884)
Deferred income 7,584 6,457
Related party liabilities 5,962 1,448
Net cash provided by operating activities 239,273 352,881
Purchase of:    
Property, plant and equipment (275,156) (157,786)
Short term investments (64,652) (60,395)
Fixed maturities investments (66,855) (50,553)
Equity securities (388) 0
Preferred stock (634) 0
Real estate (131) 0
Mortgage loans (12,904) (14,452)
Proceeds from sale of:    
Property, plant and equipment 93,239 62,426
Short term investments 64,818 59,421
Fixed maturities investments 41,491 23,978
Equity securities 904 0
Preferred stock 3,295 1,003
Real estate 0 4
Mortgage loans 23,258 11,547
Net cash used by investing activities (193,715) (124,807)
Cash flow from financing activities:    
Borrowings from credit facilities 88,182 26,187
Principal repayments on credit facilities (61,996) (61,142)
Debt issuance costs (232) 0
Capital lease payments (10,449) (3,888)
Leveraged Employee Stock Ownership Plan - repayments from loan 127 162
Securitization deposits 0 (908)
Investment contract deposits 34,742 28,993
Investment contract withdrawals (6,754) (7,967)
Net cash used by financing activities 43,620 (18,563)
Effects of exchange rate on cash (335) (376)
Increase (decrease) in cash and cash equivalents 88,843 209,135
Cash and cash equivalents at the beginning of period 463,744 357,180
Cash and cash equivalents at the end of the period $ 552,587 $ 566,315