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

9 Months Ended

Dec. 31, 2013

Table Text Block Supplement [Abstract]

Consolidated Cash Flow Statement by Industry Segment

Continuation of consolidating cash flow statements by industry segment for the nine months ended December 31, 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	$	303,180	$	235,997	$	3,663	$	(239,660	)	$	303,180	$	10,737	$	13,127	$	(23,864	)	$	303,180
Earnings from consolidated entities		(263,524	)	-		-		239,660			(23,864	)	-		-		23,864			-
Adjustments to reconcile net earnings to the cash provided by operations:
Depreciation		4		201,286		12,978		-			214,268		-		-		-			214,268
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		14,197		-			14,197
Change in allowance for losses on trade receivables		-		3		-		-			3		-		9		-			12
Change in allowance for inventory reserve		-		3,640		-		-			3,640		-		-		-			3,640
Net gain on sale of real and personal property		-		(22,045	)	(792	)	-			(22,837	)	-		-		-			(22,837	)
Net gain on sale of investments		(1,325	)	-		-		-			(1,325	)	(674	)	(4,089	)	-			(6,088	)
Deferred income taxes		37,934		-		-		-			37,934		5,118		4,981		-			48,033
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		13,410		(177	)	-			13,233		23,296		(3,174	)	-			33,355
Inventories		-		(12,502	)	-		-			(12,502	)	-		-		-			(12,502	)
Prepaid expenses		22,475		(8,660	)	(706	)	-			13,109		-		-		-			13,109
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(25,128	)	-			(25,128	)
Other assets		5		10,558		(2,715	)	-			7,848		201		(120	)	-			7,929
Related party assets		540		9,636		(3	)	-			10,173		(4,702	)	-		159	(b)		5,630
Accounts payable and accrued expenses		6,563		(22,843	)	290		-			(15,990	)	-		13,218		-			(2,772	)
Policy benefits and losses, claims and loss expenses payable		-		1,218		-		-			1,218		(29,833	)	10,278		-			(18,337	)
Other policyholders' funds and liabilities		-		-		-		-			-		(39	)	16		-			(23	)
Deferred income		-		(672	)	-		-			(672	)	-		-		-			(672	)
Related party liabilities		-		(1,007	)	4,270		-			3,263		2,850		303		(159	)(b)		6,257
Net cash provided (used) by operating activities		105,852		408,019		16,808		-			530,679		6,954		23,618		-			561,251
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		-		(436,671	)	(253,622	)	-			(690,293	)	-		-		-			(690,293	)
Short term investments		-		-		-		-			-		(35,250	)	(168,513	)	-			(203,763	)
Fixed maturities investments		-		-		-		-			-		(50,840	)	(186,662	)	-			(237,502	)
Equity securities		-		-		-		-			-		(388	)	-		-			(388	)
Preferred stock		-		-		-		-			-		(635	)	-		-			(635	)
Real estate		-		-		-		-			-		-		(431	)	-			(431	)
Mortgage loans		-		(1,580	)	(20,196	)	2,514	(b)		(19,262	)	(3,500	)	(37,459	)	11,589	(b)		(48,632	)
Proceeds from sales and paydown's of:
Property, plant and equipment		-		212,601		1,477		-			214,078		-		-		-			214,078
Short term investments		-		-		-		-			-		50,044		161,797		-			211,841
Fixed maturities investments		-		-		-		-			-		14,892		109,253		-			124,145
Equity securities		26,569		-		-		-			26,569		388		-		-			26,957
Preferred stock		-		-		-		-			-		4,504		1,500		-			6,004
Real estate		-		-		-		-			-		-		-		-			-
Mortgage loans		-		1,680		38,398		(2,514	)(b)		37,564		5,312		13,947		(11,589	)(b)		45,234
Net cash provided (used) by investing activities		26,569		(223,970	)	(233,943	)	-			(431,344	)	(15,473	)	(106,568	)	-			(553,385	)
(a) Balance for the nine months ended September 30, 2013		(page 1 of 2)
(b) Elimination of intercompany investments

Continuation of consolidating cash flow statements by industry segment for the nine months ended December 31, 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		-		116,952		206,087		-		323,039		-		-		-		323,039
Principal repayments on credit facilities		-		(149,948	)	(88,605	)	-		(238,553	)	-		-		-		(238,553	)
Debt issuance costs		-		(641	)	(2,712	)	-		(3,353	)	-		-		-		(3,353	)
Capital lease payments		-		(37,480	)	-		-		(37,480	)	-		-		-		(37,480	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		390		-		-		390		-		-		-		390
Proceeds from (repayment of) intercompany loans		17,011		(120,035	)	103,024		-		-		-		-		-		-
Securitization deposits		-		-		-		-		-		-		-		-		-
Investment contract deposits		-		-		-		-		-		-		109,928		-		109,928
Investment contract withdrawals		-		-		-		-		-		-		(24,448	)	-		(24,448	)
Net cash provided (used) by financing activities		17,011		(190,762	)	217,794		-		44,043		-		85,480		-		129,523
Effects of exchange rate on cash		-		482		-		-		482		-		-		-		482
Increase (decrease) in cash and cash equivalents		149,432		(6,231	)	659		-		143,860		(8,519	)	2,530		-		137,871
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	$	476,551	$	92,695	$	2,174	$	-	$	571,420	$	5,601	$	24,594	$	-	$	601,615
		(page 2 of 2)
(a) Balance for the nine months ended September 30, 2013

Consolidating cash flow statements by industry segment for the nine months ended December 31, 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)	$	226,835	$	169,442	$	6,205	$	(175,647	)	$	226,835	$	4,544	$	8,368	$	(12,912	)	$	226,835
Earnings from consolidated entities		(188,559	)	-		-		175,647			(12,912	)	-		-		12,912			-
Adjustments to reconcile net earnings to cash provided by operations:
Depreciation		4		181,084		11,269		-			192,357		-		-		-			192,357
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		9,290		-			9,290
Change in allowance for losses on trade receivables		-		(73	)	-		-			(73	)	-		-		-			(73	)
Change in allowance for inventory reserve		-		2,050		-		-			2,050		-		-		-			2,050
Net gain on sale of real and personal property		-		(13,075	)	(1,804	)	-			(14,879	)	-		-		-			(14,879	)
Net (gain) loss on sale of investments		-		-		-		-			-		28		(1,078	)	-			(1,050	)
Deferred income taxes		17,882		-		-		-			17,882		1,306		(1,431	)	-			17,757
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		12,293		-		-			12,293		58,841		575		-			71,709
Inventories		-		696		-		-			696		-		-		-			696
Prepaid expenses		(3,082	)	(9,972	)	(229	)	-			(13,283	)	-		-		-			(13,283	)
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(43,085	)	-			(43,085	)
Other assets		3		22,271		(569	)	-			21,705		1,018		(11	)	-			22,712
Related party assets		(2	)	140,035		2		-			140,035		(1,202	)	(34	)	791	(b)		139,590
Accounts payable and accrued expenses		1,818		(32	)	538		-			2,324		-		(3,196	)	-			(872	)
Policy benefits and losses, claims and loss expenses payable		-		8,481		-		-			8,481		(60,391	)	21,684		-			(30,226	)
Other policyholders' funds and liabilities		-		-		-		-			-		(585	)	(340	)	-			(925	)
Deferred income		-		(3,704	)	-		-			(3,704	)	-		-		-			(3,704	)
Related party liabilities		-		1,064		-		-			1,064		632		483		(791	)(b)		1,388
Net cash provided (used) by operating activities		54,899		510,560		15,412		-			580,871		4,191		(8,775	)	-			576,287
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		(2	)	(351,914	)	(70,924	)	-			(422,840	)	-		-		-			(422,840	)
Short term investments		-		-		-		-			-		(58,775	)	(230,998	)	-			(289,773	)
Fixed maturities investments		-		-		-		-			-		(17,141	)	(291,149	)	-			(308,290	)
Equity securities		-		-		-		-			-		(3,130	)	-		-			(3,130	)
Preferred stock		-		-		-		-			-		(2,761	)	-		-			(2,761	)
Real estate		-		-		(243	)	-			(243	)	-		(810	)	-			(1,053	)
Mortgage loans		-		(4,968	)	(30,590	)	-			(35,558	)	(1,821	)	(13,204	)	-			(50,583	)
Proceeds from sales and paydown's of:
Property, plant and equipment		-		161,668		5,236		-			166,904		-		-		-			166,904
Short term investments		-		-		-		-			-		32,548		248,342		-			280,890
Fixed maturities investments		-		-		-		-			-		30,298		54,834		-			85,132
Equity securities		-		-		-		-			-		-		-		-			-
Preferred stock		-		-		-		-			-		5,728		-		-			5,728
Real estate		-		-		667		-			667		-		4		-			671
Mortgage loans		-		14,848		29,500		-			44,348		1,311		3,556		-			49,215
Net cash provided (used) by investing activities		(2	)	(180,366	)	(66,354	)	-			(246,722	)	(13,743	)	(229,425	)	-			(489,890	)
		(page 1 of 2)
(a) Balance for the nine months ended September 30, 2012
(b) Elimination of intercompany investments

Continuation of consolidating cash flow statements by industry segment for the nine months ended December 31, 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		-		89,619		161,700		-		251,319		-		-		-		251,319
Principal repayments on credit facilities		-		(142,750	)	(91,948	)	-		(234,698	)	-		-		-		(234,698	)
Debt issuance costs		-		(301	)	(2,051	)	-		(2,352	)	-		-		-		(2,352	)
Capital lease payments		-		(18,310	)	-		-		(18,310	)	-		-		-		(18,310	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		559		-		-		559		-		-		-		559
Proceeds from (repayment of) intercompany loans		194,277		(178,247	)	(16,030	)	-		-		-		-		-		-
Securitization deposits		-		(1,729	)	-		-		(1,729	)	-		-		-		(1,729	)
Common stock dividends paid		(97,421	)	-		-		-		(97,421	)	-		-		-		(97,421	)
Net contribution from (to) related party		(1,500	)	-		-		-		(1,500	)	1,500		-		-		-
Investment contract deposits		-		-		-		-		-		-		268,478		-		268,478
Investment contract withdrawals		-		-		-		-		-		-		(22,937	)	-		(22,937	)
Net cash provided (used) by financing activities		95,356		(251,159	)	51,671		-		(104,132	)	1,500		245,541		-		142,909
Effects of exchange rate on cash		-		(362	)	-		-		(362	)	-		-		-		(362	)
Increase (decrease) in cash and cash equivalents		150,253		78,673		729		-		229,655		(8,052	)	7,341		-		228,944
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	$	351,755	$	185,624	$	1,504	$	-	$	538,883	$	14,490	$	32,751	$	-	$	586,124
(a) Balance for the nine months ended September 30, 2012