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Interim Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES:    
Net income (loss) $ (3,143) $ 16,787
Net realized investment losses 14,816 6,651
Amortization of deferred policy acquisition costs 55,759 56,508
Policy acquisition costs deferred (52,877) (66,988)
Undistributed equity in earnings of limited partnerships and other investments (91) (53)
Change in:    
Accrued investment income (3,893) (3,579)
Deferred income taxes (17,597) 7,706
Receivables (4,324) (1,583)
Policy liabilities and accruals 31,974 32,111
Other assets and other liabilities, net (3,464) 9,860
Cash provided by operating activities 17,160 57,420
Purchases of:    
Available-for-sale debt securities (601,875) (718,244)
Limited partnerships and other investments (939) (539)
Derivative instruments (29,183) (12,472)
Sales, repayments and maturities of:    
Available-for-sale debt securities 304,028 313,206
Limited partnerships and other investments 247 3
Derivative instruments 12,087 18,539
Fair value option investments 22 37
Policy loan, net 1,373 (3,482)
Cash used for investing activities (314,240) (402,952)
FINANCING ACTIVITIES:    
Policyholder deposit fund deposits 410,187 700,364
Policyholder deposit fund withdrawals (82,828) (342,328)
Capital contributions from parent 0 0
Cash provided by financing activities 327,359 358,036
Change in cash and cash equivalents 30,279 12,504
Cash and cash equivalents, beginning of period 67,465 51,059
Cash and cash equivalents, end of period $ 97,744 $ 63,563