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

3 Months Ended

Jun. 30, 2014

Table Text Block Supplement [Abstract]

Consolidated Cash Flow Statement by Industry Segment

Consolidating CF Stmts by industry segment for qtr ended June 30, 2014		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	$	124,474	$	104,622	$	1,092	$	(105,714	)	$	124,474	$	2,614	$	2,980	$	(5,594	)	$	124,474
Earnings from consolidated entities		(111,308	)	-		-		105,714			(5,594	)	-		-		5,594			-
Adjustments to reconcile net earnings to the cash provided by operations:
Depreciation		1		78,949		5,060		-			84,010		-		-		-			84,010
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		4,184		-			4,184
Change in allowance for losses on trade receivables		-		18		-		-			18		-		4		-			22
Change in allowance for inventory reserve		-		(1,760	)	-		-			(1,760	)	-		-		-			(1,760	)
Net gain on sale of real and personal property		-		(22,939	)	(20	)	-			(22,959	)	-		-		-			(22,959	)
Net (gain) loss on sale of investments		-		-		-		-			-		(127	)	(747	)	-			(874	)
Deferred income taxes		10,697		-		-		-			10,697		115		1,595		-			12,407
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		(13,561	)	-		-			(13,561	)	13,888		(1,044	)	-			(717	)
Inventories		-		(561	)	-		-			(561	)	-		-		-			(561	)
Prepaid expenses		18,537		(12,966	)	(203	)	-			5,368		-		-		-			5,368
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(6,575	)	-			(6,575	)
Other assets		(2	)	561		(8,046	)	-			(7,487	)	721		(48	)	-			(6,814	)
Related party assets		(526	)	9,381		-		-			8,855		(885	)	-		119	(b)		8,089
Accounts payable and accrued expenses		37,987		53,943		543		-			92,473		-		1,531		-			94,004
Policy benefits and losses, claims and loss expenses payable		-		613		-		-			613		(14,843	)	4,352		-			(9,878	)
Other policyholders' funds and liabilities		-		-		-		-			-		581		1,246		-			1,827
Deferred income		-		7,683		-		-			7,683		-		-		-			7,683
Related party liabilities		-		1,040		(22	)	-			1,018		668		311		(119	)(b)		1,878
Net cash provided (used) by operating activities		79,860		205,023		(1,596	)	-			283,287		2,732		7,789		-			293,808
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		-		(273,863	)	(70,125	)	-			(343,988	)	-		-		-			(343,988	)
Short term investments		-		-		-		-			-		(13,040	)	(49,253	)	-			(62,293	)
Fixed maturities investments		-		-		-		-			-		(19,217	)	(50,209	)	-			(69,426	)
Equity securities		-		-		-		-			-		(3,281	)	-		-			(3,281	)
Preferred stock		-		-		-		-			-		(2	)	-		-			(2	)
Real estate		-		-		-		-			-		-		(4,211	)	-			(4,211	)
Mortgage loans		-		-		(3,719	)	-			(3,719	)	(1,350	)	-		-			(5,069	)
Proceeds from sales and paydown's of:
Property, plant and equipment		-		128,969		20		-			128,989		-		-		-			128,989
Short term investments		-		-		-		-			-		20,051		42,580		-			62,631
Fixed maturities investments		-		-		-		-			-		11,626		13,998		-			25,624
Equity securities		-		-		-		-			-		2,009		-		-			2,009
Preferred stock		-		-		-		-			-		-		1,000		-			1,000
Mortgage loans		-		1,653		6,501		-			8,154		243		3,672		-			12,069
Net cash provided (used) by investing activities		-		(143,241	)	(67,323	)	-			(210,564	)	(2,961	)	(42,423	)	-			(255,948	)
		(page 1 of 2)
(a) Balance for the period ended March 31, 2014
(b) Elimination of intercompany investments

Continuation of consolidating cash flow statements by industry segment for the quarter ended June 30, 2014 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		-		56,470		150,682		-		207,152		-		-		-		207,152
Principal repayments on credit facilities		-		(19,504	)	(32,960	)	-		(52,464	)	-		-		-		(52,464	)
Debt issuance costs		-		(31	)	(2,391	)	-		(2,422	)	-		-		-		(2,422	)
Capital lease payments		-		(18,007	)	-		-		(18,007	)	-		-		-		(18,007	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		87		-		-		87		-		-		-		87
Proceeds from (repayment of) intercompany loans		(4,856	)	50,308		(45,452	)	-		-		-		-		-		-
Investment contract deposits		-		-		-		-		-		-		37,892		-		37,892
Investment contract withdrawals		-		-		-		-		-		-		(11,551	)	-		(11,551	)
Net cash provided (used) by financing activities		(4,856	)	69,323		69,879		-		134,346		-		26,341		-		160,687
Effects of exchange rate on cash		-		(1,074	)	-		-		(1,074	)	-		-		-		(1,074	)
Increase (decrease) in cash and cash equivalents		75,004		130,031		960		-		205,995		(229	)	(8,293	)	-		197,473
Cash and cash equivalents at beginning of period		321,544		140,844		2,322		-		464,710		12,758		17,644		-		495,112
Cash and cash equivalents at end of period	$	396,548	$	270,875	$	3,282	$	-	$	670,705	$	12,529	$	9,351	$	-	$	692,585
		(page 2 of 2)
(a) Balance for the period ended March 31, 2014

Consolidating cash flow statements by industry segment for the quarter ended June 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	112,968	$	92,049	$	2,238	$	(94,287	)	112,968		2,853	$	2,655	$	(5,508	)	112,968
Earnings from consolidated entities	(99,795	)	-		-		94,287		(5,508	)	-		-		5,508		-
Adjustments to reconcile net earnings to cash provided by operations:
Depreciation	1		65,055		3,943		-		68,999		-		-		-		68,999
Amortization of deferred policy acquisition costs	-		-		-		-		-		-		3,683		-		3,683
Change in allowance for losses on trade receivables	-		(14	)	-		-		(14	)	-		-		-		(14	)
Change in allowance for inventory reserve	-		(935	)	-		-		(935	)	-		-		-		(935	)
Net gain on sale of real and personal property	-		(10,889	)	(676	)	-		(11,565	)	-		-		-		(11,565	)
Net gain on sale of investments	(6	)	-		-		-		(6	)	(258	)	(1,512	)	-		(1,776	)
Deferred income taxes	27,824		-		-		-		27,824		875		3,129		-		31,828
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables	-		(21,081	)	-		-		(21,081	)	520		(2,154	)	-		(22,715	)
Inventories	-		(973	)	-		-		(973	)	-		-		-		(973	)
Prepaid expenses	22,475		(7,723	)	(679	)	-		14,073		-		25		-		14,098
Capitalization of deferred policy acquisition costs	-		-		-		-		-		-		(7,808	)	-		(7,808	)
Other assets	-		(1,172	)	(3,467	)	-		(4,639	)	190		(83	)	-		(4,532	)
Related party assets	552		24,213		-		-		24,765		(96	)	-		209	(b)	24,878
Accounts payable and accrued expenses	8,633		10,400		(126	)	-		18,907		-		(745	)	-		18,162
Policy benefits and losses, claims and loss expenses payable	-		(5,590	)	-		-		(5,590	)	1,326		5,873		-		1,609
Other policyholders' funds and liabilities	-		-		-		-		-		(501	)	321		-		(180	)
Deferred income	-		7,584		-		-		7,584		-		-		-		7,584
Related party liabilities	-		1,158		4,313		-		5,471		467		233		(209	)(b)	5,962
Net cash provided (used) by operating activities	72,652		152,082		5,546		-		230,280		5,376		3,617		-		239,273
Cash flows from investing activities:
Purchases of:
Property, plant and equipment	-		(156,306	)	(118,850	)	-		(275,156	)	-		-		-		(275,156	)
Short term investments	-		-		-		-		-		(16,298	)	(48,354	)	-		(64,652	)
Fixed maturities investments	-		-		-		-		-		(14,285	)	(52,570	)	-		(66,855	)
Equity securities	-		-		-		-		-		(388	)	-		-		(388	)
Preferred stock	-		-		-		-		-		(634	)	-		-		(634	)
Real estate	-		-		-		-		-		-		(131	)	-		(131	)
Mortgage loans	-		(1,580	)	(6,500	)	2,514	(b)	(5,566	)	-		(5,785	)	1,553	(b)	(9,798	)
Proceeds from sales and paydown's of:
Property, plant and equipment	-		92,112		1,127		-		93,239		-		-		-		93,239
Short term investments	-		-		-		-		-		14,570		50,248		-		64,818
Fixed maturities investments	-		-		-		-		-		5,213		36,278		-		41,491
Equity securities	516		-		-		-		516		388		-		-		904
Preferred stock	-		-		-		-		-		2,295		1,000		-		3,295
Mortgage loans	-		1,680		21,466		(2,514	)(b)	20,632		221		852		(1,553	)(b)	20,152
Net cash provided (used) by investing activities	516		(64,094	)	(102,757	)	-		(166,335	)	(8,918	)	(18,462	)	-		(193,715	)
	(page 1 of 2)
(a) Balance for the period ended March 31, 2013
(b) Elimination of intercompany investments

Continuation of consolidating cash flow statements by industry segment for the quarter ended June 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	-		39,258		48,924		-	88,182		-		-		-	88,182
Principal repayments on credit facilities	-		(29,295	)	(32,701	)	-	(61,996	)	-		-		-	(61,996	)
Debt issuance costs	-		(177	)	(55	)	-	(232	)	-		-		-	(232	)
Capital lease payments	-		(10,449	)	-		-	(10,449	)	-		-		-	(10,449	)
Leveraged Employee Stock Ownership Plan - repayments from loan	-		127		-		-	127		-		-		-	127
Proceeds from (repayment of) intercompany loans	(28,668	)	(52,359	)	81,027		-	-		-		-		-	-
Investment contract deposits	-		-		-		-	-		-		34,742		-	34,742
Investment contract withdrawals	-		-		-		-	-		-		(6,754	)	-	(6,754	)
Net cash provided (used) by financing activities	(28,668	)	(52,895	)	97,195		-	15,632		-		27,988		-	43,620
Effects of exchange rate on cash	-		(335	)	-		-	(335	)	-		-		-	(335	)
Increase (decrease) in cash and cash equivalents	44,500		34,758		(16	)	-	79,242		(3,542	)	13,143		-	88,843
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	371,619		133,684		1,499		-	506,802		10,578		35,207		-	552,587
	(page 2 of 2)
(a) Balance for the period ended March 31, 2013