Consolidated Cash Flow Statement by Industry Segment (Table Text Block)

6 Months Ended

Sep. 30, 2013

Table Text Block Supplement [Abstract]

Consolidated Cash Flow Statement by Industry Segment

Continuation of consolidating cash flow statements by industry segment for the six months ended September 30, 2013 are as follows:
		Moving & Storage											AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Elimination			Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination			AMERCO Consolidated
		(Unaudited)
Cash flows from operating activities:		(In thousands)
Net earnings	$	250,959	$	207,460	$	2,903	$	(210,363	)	$	250,959	$	7,021	$	7,562	$	(14,583	)	$	250,959
Earnings from consolidated entities		(224,946	)	-		-		210,363			(14,583	)	-		-		14,583			-
Adjustments to reconcile net earnings to the cash provided by operations:
Depreciation		3		133,101		8,414		-			141,518		-		-		-			141,518
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		9,740		-			9,740
Change in allowance for losses on trade receivables		-		(6	)	-		-			(6	)	-		-		-			(6	)
Change in allowance for inventory reserve		-		716		-		-			716		-		-		-			716
Net gain on sale of real and personal property		-		(20,200	)	(676	)	-			(20,876	)	-		-		-			(20,876	)
Net gain on sale of investments		(42	)	-		-		-			(42	)	(267	)	(3,751	)	-			(4,060	)
Deferred income taxes		58,672		-		-		-			58,672		3,118		2,157		-			63,947
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		16,288		(177	)	-			16,111		4,489		3,961		-			24,561
Inventories		-		(5,750	)	-		-			(5,750	)	-		-		-			(5,750	)
Prepaid expenses		11,178		(8,077	)	(778	)	-			2,323		-		-		-			2,323
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(16,289	)	-			(16,289	)
Other assets		5		(378	)	(4,232	)	-			(4,605	)	309		(74	)	-			(4,370	)
Related party assets		551		13,534		-		-			14,085		(5,584	)	-		149	(b)		8,650
Accounts payable and accrued expenses		3,699		18,288		(92	)	-			21,895		-		2,971		-			24,866
Policy benefits and losses, claims and loss expenses payable		-		1,487		-		-			1,487		(7,009	)	5,831		-			309
Other policyholders' funds and liabilities		-		-		-		-			-		76		418		-			494
Deferred income		-		2,191		-		-			2,191		-		-		-			2,191
Related party liabilities		-		460		4,292		-			4,752		(57	)	(71	)	(149	)(b)		4,475
Net cash provided (used) by operating activities		100,079		359,114		9,654		-			468,847		2,096		12,455		-			483,398
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		-		(295,231	)	(162,440	)	-			(457,671	)	-		-		-			(457,671	)
Short term investments		-		-		-		-			-		(27,972	)	(126,731	)	-			(154,703	)
Fixed maturities investments		-		-		-		-			-		(39,655	)	(134,938	)	-			(174,593	)
Equity securities		-		-		-		-			-		(388	)	-		-			(388	)
Preferred stock		-		-		-		-			-		(635	)	-		-			(635	)
Real estate		-		-		-		-			-		-		(252	)	-			(252	)
Mortgage loans		-		(1,580	)	(12,738	)	2,514	(b)		(11,804	)	-		(14,009	)	11,553	(b)		(14,260	)
Proceeds from sales and paydown's of:
Property, plant and equipment		-		175,302		1,151		-			176,453		-		-		-			176,453
Short term investments		-		-		-		-			-		39,072		123,508		-			162,580
Fixed maturities investments		-		-		-		-			-		11,936		81,114		-			93,050
Equity securities		6,415		-		-		-			6,415		388		-		-			6,803
Preferred stock		-		-		-		-			-		4,504		1,500		-			6,004
Real estate		-		-		-		-			-		-		-		-			-
Mortgage loans		-		1,680		34,643		(2,514	)(b)		33,809		1,984		12,175		(11,553	)(b)		36,415
Net cash provided (used) by investing activities		6,415		(119,829	)	(139,384	)	-			(252,798	)	(10,766	)	(57,633	)	-			(321,197	)
(a) Balance for the six months ended June 30, 2013		(page 1 of 2)
(b) Elimination of intercompany investments

Continuation of consolidating cash flow statements by industry segment for the six months ended September 30, 2013 are as follows:
		Moving & Storage										AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Elimination		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination		AMERCO Consolidated
		(Unaudited)
Cash flows from financing activities:		(In thousands)
Borrowings from credit facilities		-		64,124		73,917		-		138,041		-		-		-		138,041
Principal repayments on credit facilities		-		(58,684	)	(64,261	)	-		(122,945	)	-		-		-		(122,945	)
Debt issuance costs		-		(178	)	(55	)	-		(233	)	-		-		-		(233	)
Capital lease payments		-		(21,425	)	-		-		(21,425	)	-		-		-		(21,425	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		260		-		-		260		-		-		-		260
Proceeds from (repayment of) intercompany loans		43,946		(164,059	)	120,113		-		-		-		-		-		-
Securitization deposits		-		-		-		-		-		-		-		-		-
Investment contract deposits		-		-		-		-		-		-		74,253		-		74,253
Investment contract withdrawals		-		-		-		-		-		-		(14,721	)	-		(14,721	)
Net cash provided (used) by financing activities		43,946		(179,962	)	129,714		-		(6,302	)	-		59,532		-		53,230
Effects of exchange rate on cash		-		401		-		-		401		-		-		-		401
Increase (decrease) in cash and cash equivalents		150,440		59,724		(16	)	-		210,148		(8,670	)	14,354		-		215,832
Cash and cash equivalents at beginning of period		327,119		98,926		1,515		-		427,560		14,120		22,064		-		463,744
Cash and cash equivalents at end of period	$	477,559	$	158,650	$	1,499	$	-	$	637,708	$	5,450	$	36,418	$	-	$	679,576
		(page 2 of 2)
(a) Balance for the six months ended June 30, 2013

Consolidating cash flow statements by industry segment for the six months ended September 30, 2012 are as follows:
		Moving & Storage											AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Elimination			Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination			AMERCO Consolidated
		(Unaudited)
Cash flows from operating activities:		(In thousands)
Net earnings (loss)	$	189,989	$	154,913	$	1,944	$	(156,857	)	$	189,989	$	3,204	$	4,063	$	(7,267	)	$	189,989
Earnings from consolidated entities		(164,124	)	-		-		156,857			(7,267	)	-		-		7,267			-
Adjustments to reconcile net earnings to cash provided by operations:
Depreciation		3		120,651		7,473		-			128,127		-		-		-			128,127
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		5,899		-			5,899
Change in allowance for losses on trade receivables		-		(3	)	-		-			(3	)	-		-		-			(3	)
Change in allowance for inventory reserve		-		1,705		-		-			1,705		-		-		-			1,705
Net gain on sale of real and personal property		-		(12,771	)	(277	)	-			(13,048	)	-		-		-			(13,048	)
Net (gain) loss on sale of investments		-		-		-		-			-		(16	)	254		-			238
Deferred income taxes		27,899		-		-		-			27,899		584		(3,557	)	-			24,926
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		(11,281	)	-		-			(11,281	)	44,699		(2	)	-			33,416
Inventories		-		(1,629	)	-		-			(1,629	)	-		-		-			(1,629	)
Prepaid expenses		7,558		(6,910	)	(226	)	-			422		-		-		-			422
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(24,489	)	-			(24,489	)
Other assets		3		20,161		(1,284	)	-			18,880		914		(24	)	-			19,770
Related party assets		12		143,163		-		-			143,175		(1,748	)	(28	)	840	(b)		142,239
Accounts payable and accrued expenses		2,045		31,336		466		-			33,847		-		11,565		-			45,412
Policy benefits and losses, claims and loss expenses payable		-		11,972		-		-			11,972		(47,835	)	18,450		-			(17,413	)
Other policyholders' funds and liabilities		-		-		-		-			-		(310	)	4,440		-			4,130
Deferred income		-		(671	)	-		-			(671	)	-		-		-			(671	)
Related party liabilities		-		967		-		-			967		245		43		(840	)(b)		415
Net cash provided (used) by operating activities		63,385		451,603		8,096		-			523,084		(263	)	16,614		-			539,435
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		(2	)	(240,045	)	(40,939	)	-			(280,986	)	-		-		-			(280,986	)
Short term investments		-		-		-		-			-		(37,553	)	(113,434	)	-			(150,987	)
Fixed maturities investments		-		-		-		-			-		(10,316	)	(169,625	)	-			(179,941	)
Equity securities		-		-		-		-			-		(26	)	-		-			(26	)
Preferred stock		-		-		-		-			-		(1,200	)	-		-			(1,200	)
Real estate		-		-		-		-			-		-		(792	)	-			(792	)
Mortgage loans		-		(5,016	)	(30,787	)	-			(35,803	)	(1,821	)	(13,204	)	-			(50,828	)
Proceeds from sales and paydown's of:
Property, plant and equipment		-		132,204		393		-			132,597		-		-		-			132,597
Short term investments		-		-		-		-			-		22,174		132,403		-			154,577
Fixed maturities investments		-		-		-		-			-		23,662		28,924		-			52,586
Preferred stock		-		-		-		-			-		1,453		-		-			1,453
Real estate		-		-		586		-			586		-		4		-			590
Mortgage loans		-		8,029		1,073		-			9,102		939		2,659		-			12,700
Net cash provided (used) by investing activities		(2	)	(104,828	)	(69,674	)	-			(174,504	)	(2,688	)	(133,065	)	-			(310,257	)
		(page 1 of 2)
(a) Balance for the six months ended June 30, 2012
(b) Elimination of intercompany investments

Continuation of consolidating cash flow statements by industry segment for the six months ended September 30, 2012 are as follows:
		Moving & Storage										AMERCO Legal Group
		AMERCO		U-Haul		Real Estate		Elimination		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination		AMERCO Consolidated
		(Unaudited)
Cash flows from financing activities:		(In thousands)
Borrowings from credit facilities		-		27,147		61,700		-		88,847		-		-		-		88,847
Principal repayments on credit facilities		-		(110,799	)	(60,697	)	-		(171,496	)	-		-		-		(171,496	)
Debt issuance costs		-		(20	)	(990	)	-		(1,010	)	-		-		-		(1,010	)
Capital lease payments		-		(9,883	)	-		-		(9,883	)	-		-		-		(9,883	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		316		-		-		316		-		-		-		316
Proceeds from (repayment of) intercompany loans		163,363		(225,651	)	62,288		-		-		-		-		-		-
Securitization deposits		-		(1,729	)	-		-		(1,729	)	-		-		-		(1,729	)
Net contribution from (to) related party		(1,500	)	-		-		-		(1,500	)	1,500		-		-		-
Investment contract deposits		-		-		-		-		-		-		169,933		-		169,933
Investment contract withdrawals		-		-		-		-		-		-		(15,275	)	-		(15,275	)
Net cash provided (used) by financing activities		161,863		(320,619	)	62,301		-		(96,455	)	1,500		154,658		-		59,703
Effects of exchange rate on cash		-		(240	)	-		-		(240	)	-		-		-		(240	)
Increase (decrease) in cash and cash equivalents		225,246		25,916		723		-		251,885		(1,451	)	38,207		-		288,641
Cash and cash equivalents at beginning of period		201,502		106,951		775		-		309,228		22,542		25,410		-		357,180
Cash and cash equivalents at end of period	$	426,748	$	132,867	$	1,498	$	-	$	561,113	$	21,091	$	63,617	$	-	$	645,821
		(page 2 of 2)
(a) Balance for the six months ended June 30, 2012