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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flow from operating activities:    
Net earnings $ 779,740 $ 388,876
Adjustments to reconcile net earnings to cash provided by operations:    
Depreciation 410,800 354,183
Amortization of deferred policy acquisition costs 18,217 19,131
Amortization of debt issuance costs 2,910 3,125
Interest credited to policyholders 23,250 18,190
Change in allowance for losses on trade receivables (25) (28)
Change in allowance for inventory reserves 4,334 1,897
Net gain on sale of personal property (14,260) (30,398)
Net gains on disposal of real estate (192,223) (2,377)
Net (gain) loss on sale of investments (4,250) (3,948)
Deferred income tax (179,047) 112,448
Net change in other operating assets and liabilities:    
Reinsurance recoverables and trade receivables (27,659) (23,919)
Inventories (17,410) (1,901)
Prepaid expenses (22,220) 79,578
Capitalization of deferred policy acquisition costs (21,501) (21,040)
Other assets 6,279 (663)
Related party assets 47,804 (5,469)
Accounts payable and accrued expenses 26,764 30,773
Policy benefits and losses, claims and loss expenses payable 2,767 12,843
Other policyholders' funds and liabilities 590 (382)
Deferred income (1,297) 1,105
Related party liabilities (4,542) (711)
Net cash provided by operating activities 839,021 931,313
Cash flow from investing activities:    
Escrow Deposits 19,707 (768)
Purchases of:    
Property, plant and equipment (970,472) (981,316)
Short term investments (48,743) (566,371)
Fixed maturities investments (274,283) (261,851)
Equity securities (662) (489)
Preferred stock (1,000)
Real estate (1,783) (15,863)
Mortgage loans (80,707) (159,309)
Proceeds from sale of:    
Property, plant and equipment 591,040 412,892
Short term investments 54,319 566,955
Fixed maturities investments 102,404 147,233
Preferred stock 3,188 3,351
Real estate 5,348 1,681
Mortgage loans 23,726 109,260
Net cash used by investing activities (577,918) (744,595)
Cash flow from financing activities:    
Borrowings from credit facilities 426,262 534,008
Principal repayments on credit facilities (303,212) (244,545)
Debt issuance costs (4,581) (4,529)
Capital lease payments (219,623) (141,750)
Employee stock ownership plan (6,764) (7,541)
Securitization deposits (2,181) 371
Common stock dividends paid (19,587) (39,171)
Investment contract deposits 347,695 180,554
Investment contract withdrawals (163,499) (64,459)
Net cash provided by (used in) financing activities 54,510 212,938
Effects of exchange rate on cash 9,468 (16,117)
Increase (decrease) in cash and cash equivalents 325,081 383,539
Cash and cash equivalents at the beginning of period 697,806 600,646
Cash and cash equivalents at the end of the period $ 1,022,887 $ 984,185