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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
2 Months Ended 6 Months Ended 4 Months Ended
Jun. 30, 2013
Successor Ambac [Member]
Jun. 30, 2014
Successor Ambac [Member]
Apr. 30, 2013
Predecessor Ambac [Member]
Cash flows from operating activities:      
Net (loss) income attributable to common shareholders $ 205,681 $ (51,963) $ 3,349,049
Noncontrolling interest in subsidiaries’ earnings (399) (221) (1,771)
Net income (loss) 205,282 (52,184) 3,347,278
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization 501 1,481 974
Amortization of bond premium and discount (3,240) (64,392) (60,146)
Reorganization items 424 209 (2,745,180)
Share-based compensation 0 2,387 0
Deferred income taxes (16) 115 (6)
Current income taxes 186 (2,226) (101,188)
Deferred acquisition costs 0 0 14,207
Unearned premiums, net (102,460) (174,117) (172,549)
Losses and loss expenses, net (34,763) 129,931 (43,284)
Ceded premiums payable (3,033) (6,222) (2,059)
Investment income due and accrued 2,243 3,145 1,781
Premium receivables 66,733 96,659 88,990
Accrued interest payable 15,511 45,158 23,953
Amortization of insurance intangible assets 24,952 67,970 0
Net mark-to-market (gains) losses (45,146) (4,671) 63,828
Net realized investment gains (18,472) (19,356) (53,305)
Other-than-temporary impairment charges 2,002 19,146 467
Variable interest entity activities (4,598) 43,690 (426,566)
Other, net (66,543) 85,546 62,122
Net cash provided by (used in) operating activities 39,563 172,269 (683)
Cash flows from investing activities:      
Proceeds from sales of bonds 343,040 993,721 310,916
Proceeds from matured bonds 182,304 496,099 307,472
Purchases of bonds (746,914) (1,323,098) (286,633)
Proceeds from sales of other invested assets 1,228 40,173 (164,368)
Purchases of other invested assets (79,596) (33,528) 0
Change in short-term investments 115,437 (73,068) (64,956)
Loans, net 230 (170) 1,920
Change in swap collateral receivable 10,889 (90,616) (8,863)
Other, net 4,678 5,308 19,828
Net cash (used in) provided by investing activities (168,704) 14,821 115,316
Cash flows from financing activities:      
Paydowns of variable interest entity secured borrowing (3,310) 0 (5,519)
Proceeds from warrant exercise 15 1 0
Payments From Drawdowns Of Borrowings Under Guaranteed Investment Agreements   (190,000)  
Net cash provided by (used in) financing activities (3,295) (189,999) (5,519)
Net cash flow (132,436) (2,909) 109,114
Cash and cash equivalents at beginning of period 152,951 77,370 43,837
Cash and cash equivalents end of period 20,515 74,461 152,951
Supplemental disclosure of cash flow information:      
Income taxes 336 3,167 102,129
Interest on variable interest entity secured borrowing 90 0 276
Interest on investment agreements 203 366 444
Cash payments related to reorganization items:      
Professional fees paid for services rendered in connection with the Chapter 11 proceeding $ 795 $ 267 $ 3,860