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

12 Months Ended

Mar. 31, 2013

Table Text Block Supplement [Abstract]

Consolidated Cash Flow Statement by Industry Segment

Consolidating cash flow statements by industry segment for the year ended March 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
Cash flows from operating activities:		(In thousands)
Net earnings	$	264,708	$	180,404	$	7,519	$	(187,923	)	$	264,708	$	9,256	$	14,985	$	(24,241	)	$	264,708
Earnings from consolidated entities		(212,164	)	-		-		187,923			(24,241	)	-		-		24,241			-
Adjustments to reconcile net earnings to the cash provided by operations:
Depreciation		5		245,104		15,383		-			260,492		-		-		-			260,492
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		17,376		-			17,376
Change in allowance for losses on trade receivables		-		(134	)	-		-			(134	)	-		-		-			(134	)
Change in allowance for inventory reserve		-		1,133		-		-			1,133		-		-		-			1,133
Net gain on sale of real and personal property		-		(20,697	)	(1,799	)	-			(22,496	)	-		-		-			(22,496	)
Net gain on sale of investments		(76	)	-		-		-			(76	)	(4,883	)	(3,364	)	-			(8,323	)
Deferred income taxes		9,206		-		-		-			9,206		4,459		(147	)	-			13,518
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		(6,022	)	-		-			(6,022	)	45,201		(2,857	)	-			36,322
Inventories		-		1,206		-		-			1,206		-		-		-			1,206
Prepaid expenses		(12,979	)	(2,899	)	291		-			(15,587	)	-		-		-			(15,587	)
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(50,640	)	-			(50,640	)
Other assets		365		21,186		(335	)	-			21,216		294		46		-			21,556
Related party assets		-		133,970		-		-			133,970		(1,361	)	-		1,063	(b)		133,672
Accounts payable and accrued expenses		2,659		37,910		761		-			41,330		-		(1,298	)	-			40,032
Policy benefits and losses, claims and loss expenses payable		-		1,102		-		-			1,102		(52,755	)	21,175		-			(30,478	)
Other policyholders' funds and liabilities		-		-		-		-			-		(281	)	302		-			21
Deferred income		-		(1,312	)	-		-			(1,312	)	-		-		-			(1,312	)
Related party liabilities		-		1,145		-		-			1,145		346		36		(1,063	)(b)		464
Net cash provided (used) by operating activities		51,724		592,096		21,820		-			665,640		276		(4,386	)	-			661,530
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		(2	)	(524,351	)	(131,631	)	-			(655,984	)	-		-		-			(655,984	)
Short term investments		-		-		-		-			-		(97,269	)	(314,369	)	-			(411,638	)
Fixed maturities investments		-		-		-		-			-		(44,460	)	(398,802	)	-			(443,262	)
Equity securities		-		-		-		-			-		(16,289	)	-		-			(16,289	)
Preferred stock		-		-		-		-			-		(6,296	)	-		-			(6,296	)
Real estate		-		-		(243	)	-			(243	)	-		(830	)	-			(1,073	)
Mortgage loans		-		(5,068	)	(42,652	)	2,514	(b)		(45,206	)	(1,821	)	(33,684	)	-			(80,711	)
Proceeds from sales and paydowns of:
Property, plant and equipment		-		214,980		5,719		-			220,699		-		-		-			220,699
Short term investments		-		-		-		-			-		87,738		329,782		-			417,520
Fixed maturities investments		-		-		-		-			-		35,493		125,313		-			160,806
Equity securities		372		-		-		-			372		-		-		-			372
Preferred stock		-		-		-		-			-		7,258		-		-			7,258
Real estate		-		-		667		-			667		-		4		-			671
Mortgage loans		-		14,848		34,134		(2,514	)(b)		46,468		25,448		23,798		-			95,714
Net cash provided (used) by investing activities		370		(299,591	)	(134,006	)	-			(433,227	)	(10,198	)	(268,788	)	-			(712,213	)
		(page 1 of 2)
(a) Balance for the period ended December 31, 2012
(b) Eliminate intercompany investments

Continuation of consolidating cash flow statements by industry segment for the year ended March 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
Cash flows from financing activities:		(In thousands)
Borrowings from credit facilities		-		108,846		161,700		-		270,546		-		-		-		270,546
Principal repayments on credit facilities		-		(159,622	)	(98,335	)	-		(257,957	)	-		-		-		(257,957	)
Debt issuance costs		-		(301	)	(1,922	)	-		(2,223	)	-		-		-		(2,223	)
Capital lease payments		-		(26,877	)	-		-		(26,877	)	-		-		-		(26,877	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		692		-		-		692		-		-		-		692
Securitization deposits		-		1,195		-		-		1,195		-		-		-		1,195
Proceeds from (repayment of) intercompany loans		172,444		(223,927	)	51,483		-		-		-		-		-		-
Common stock dividends paid		(97,421	)	-		-		-		(97,421	)	-		-		-		(97,421	)
Contribution to related party		(1,500	)	-		-		-		(1,500	)	1,500		-		-		-
Investment contract deposits		-		-		-		-		-		-		301,729		-		301,729
Investment contract withdrawals		-		-		-		-		-		-		(31,901	)	-		(31,901	)
Net cash provided (used) by financing activities		73,523		(299,994	)	112,926		-		(113,545	)	1,500		269,828		-		157,783
Effects of exchange rate on cash		-		(536	)	-		-		(536	)	-		-		-		(536	)
Increase (decrease) in cash and cash equivalents		125,617		(8,025	)	740		-		118,332		(8,422	)	(3,346	)	-		106,564
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	$	327,119	$	98,926	$	1,515	$	-	$	427,560	$	14,120	$	22,064	$	-	$	463,744
		(page 2 of 2)
(a) Balance for the period ended December 31, 2012

Consolidating cash flow statements by industry segment for the year ended March 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
		(In thousands)
Cash flows from operating activities:
Net earnings (loss)	$	205,695	$	155,579	$	3,959	$	(159,538	)	$	205,695	$	(23,563	)$	13,185	$	10,050		$	205,367
Earnings from consolidated subsidiaries		(149,160	)	-		-		159,538			10,378		-		-		(10,378	)		-
Adjustments to reconcile net earnings to the cash provided by operations:
Depreciation		5		216,116		13,668		-			229,789		-		-		-			229,789
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		13,791		-			13,791
Change in allowance for losses on trade receivables		-		(206	)	-		-			(206	)	-		(2	)	-			(208	)
Change in allowance for inventory reserve		-		1,382		-		-			1,382		-		-		-			1,382
Net gain on sale of real and personal property		-		(20,647	)	(241	)	-			(20,888	)	-		-		-			(20,888	)
Net gain on sale of investments		(488	)	-		-		-			(488	)	(810	)	(4,281	)	-			(5,579	)
Deferred income taxes		109,680		-		-		-			109,680		(12,181	)	6,861		-			104,360
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		(17,683	)	-		-			(17,683	)	(57,955	)	(1,477	)	-			(77,115	)
Inventories		-		(173	)	-		-			(173	)	-		-		-			(173	)
Prepaid expenses		6,470		9,464		(186	)	-			15,748		-		-		-			15,748
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(23,166	)	-			(23,166	)
Other assets		2,380		1,852		2,282		-			6,514		(630	)	108		-			5,992
Related party assets		-		(14,301	)	63		-			(14,238	)	(4,730	)	(479	)	5,237	(b)		(14,210	)
Accounts payable and accrued expenses		4,163		14,215		(228	)	-			18,150		-		1,319		-			19,469
Policy benefits and losses, claims and loss expenses payable		-		(16,621	)	-		-			(16,621	)	106,213		122,738		-			212,330
Other policyholders' funds and liabilities		-		-		-		-			-		(1,382	)	(76	)	-			(1,458	)
Deferred income		-		4,367		-		-			4,367		-		-		-			4,367
Related party liabilities		-		5,514		-		-			5,514		(272	)	39		(5,237	)(b)		44
Net cash provided (used) by operating activities		178,745		338,858		19,317		-			536,920		4,690		128,560		(328	)		669,842
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		(1	)	(524,298	)	(65,500	)	-			(589,799	)	-		-		-			(589,799	)
Short term investments		-		-		-		-			-		(63,126	)	(228,496	)	-			(291,622	)
Fixed maturities investments		-		-		-		-			-		(34,965	)	(185,139	)	-			(220,104	)
Equity securities		(8,855	)	-		-		-			(8,855	)	(193	)	-		-			(9,048	)
Preferred stock		-		-		-		-			-		(2,717	)	-		-			(2,717	)
Real estate		-		-		(5,064	)	-			(5,064	)	(165	)	(2,600	)	-			(7,829	)
Mortgage loans		-		(8,758	)	(64,469	)	-			(73,227	)	(45,189	)	(33,184	)	24,437	(b)		(127,163	)
Proceeds from sales and paydowns of:
Property, plant and equipment		-		168,386		526		-			168,912		-		-		-			168,912
Short term investments		-		-		-		-			-		96,033		204,860		-			300,893
Fixed maturities investments		-		-		-		-			-		22,982		105,504		-			128,486
Equity securities		8,800		-		-		-			8,800		1,422		-		-			10,222
Preferred stock		-		-		-		-			-		7,352		2,708		(7,708	)(b)		2,352
Real estate		-		-		-		-			-		310		130		-			440
Mortgage loans		-		9,263		45,685		-			54,948		14,390		9,939		(24,437	)(b)		54,840
Net cash provided (used) by investing activities		(56	)	(355,407	)	(88,822	)	-			(444,285	)	(3,866	)	(126,278	)	(7,708	)		(582,137	)
		(page 1 of 2)
(a) Balance for the period ended December 31, 2011
(b) Eliminate intercompany investments

Continuation of consolidating cash flow statements by industry segment for the year ended March 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
		(In thousands)
Cash flows from financing activities:
Borrowings from credit facilities		-		153,860		83,920		-		237,780		-		-		-			237,780
Principal repayments on credit facilities		-		(130,641	)	(71,247	)	-		(201,888	)	-		-		-			(201,888	)
Debt issuance costs		-		(1,402	)	(602	)	-		(2,004	)	-		-		-			(2,004	)
Capital lease payments		-		(8,328	)	-		-		(8,328	)	-		-		-			(8,328	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		984		-		-		984		-		-		-			984
Securitization deposits		-		42,088		-		-		42,088		-		-		-			42,088
Proceeds from (repayment of) intercompany loans		(52,051	)	(5,401	)	57,452		-		-		-		-		-			-
Preferred stock redemption paid		(151,997	)	-		-		-		(151,997	)	-		-		7,708	(b)		(144,289	)
Preferred stock dividends paid		(3,241	)	-		-		-		(3,241	)	-		-		328	(c)		(2,913	)
Common stock dividends paid		(19,484	)	-		-		-		(19,484	)	-		-		-			(19,484	)
Contribution to related party		(518	)	-		-		-		(518	)	-		-		-			(518	)
Investment contract deposits		-		-		-		-		-		-		13,854		-			13,854
Investment contract withdrawals		-		-		-		-		-		-		(28,027	)	-			(28,027	)
Net cash provided (used) by financing activities		(227,291	)	51,160		69,523		-		(106,608	)	-		(14,173	)	8,036			(112,745	)
Effects of exchange rate on cash		-		(294	)	-		-		(294	)	-		-		-			(294	)
Increase (decrease) in cash and cash equivalents		(48,602	)	34,317		18		-		(14,267	)	824		(11,891	)	-			(25,334	)
Cash and cash equivalents at beginning of period		250,104		72,634		757		-		323,495		21,718		37,301		-			382,514
Cash and cash equivalents at end of period	$	201,502	$	106,951	$	775	$	-	$	309,228	$	22,542	$	25,410	$	-		$	357,180
		(page 2 of 2)
(a) Balance for the period ended December 31, 2011
(b) Eliminate intercompany investments
(c) Eliminate preferred stock dividends paid to affiliate

Consolidating cash flow statements by industry segment for the year ended March 31, 2011 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
		(In thousands)
Cash flows from operating activities:
Net earnings	$	184,126	$	110,093	$	7,550	$	(117,643	)	$	184,126	$	3,807	$	11,120	$	(15,478	)	$	183,575
Earnings from consolidated subsidiaries		(132,570	)	-		-		117,643			(14,927	)	-		-		14,927			-
Adjustments to reconcile net earnings to cash provided by operations:
Depreciation		9		198,991		13,324		-			212,324		-		-		-			212,324
Amortization of deferred policy acquisition costs		-		-		-		-			-		-		9,494		-			9,494
Change in allowance for losses on trade receivables		-		30		-		-			30		-		(2	)	-			28
Change in allowance for inventory reserve		-		(674	)	-		-			(674	)	-		-		-			(674	)
Net gain on sale of real and personal property		-		(21,875	)	(1,183	)	-			(23,058	)	-		-		-			(23,058	)
Net (gain) loss on sale of investments		(65	)	(11	)	-		-			(76	)	285		(1,344	)	-			(1,135	)
Deferred income taxes		73,790		-		-		-			73,790		1,960		5,148		-			80,898
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		-		(1,443	)	-		-			(1,443	)	(5,137	)	614		-			(5,966	)
Inventories		-		(6,431	)	-		-			(6,431	)	-		-		-			(6,431	)
Prepaid expenses		(15,966	)	11,773		(51	)	-			(4,244	)	-		-		-			(4,244	)
Capitalization of deferred policy acquisition costs		-		-		-		-			-		-		(25,239	)	-			(25,239	)
Other assets		34,937		(6,695	)	238		-			28,480		30		205		-			28,715
Related party assets		273		55		(64	)	-			264		(351	)	-		-			(87	)
Accounts payable and accrued expenses		(8,603	)	18,923		(486	)	-			9,834		-		2,713		-			12,547
Policy benefits and losses, claims and loss expenses payable		-		10,994		-		-			10,994		4,288		94,052		-			109,334
Other policyholders' funds and liabilities		-		-		-		-			-		(789	)	1,355		-			566
Deferred income		-		1,967		-		-			1,967		-		-		-			1,967
Related party liabilities		-		83		-		-			83		157		9		-			249
Net cash provided (used) by operating activities		135,931		315,780		19,328		-			471,039		4,250		98,125		(551	)		572,863
Cash flows from investing activities:
Purchases of:
Property, plant and equipment		(5	)	(407,526	)	(72,887	)	-			(480,418	)	-		-		-			(480,418	)
Short term investments		-		-		-		-			-		(76,381	)	(184,385	)	-			(260,766	)
Fixed maturities investments		-		-		-		-			-		(34,580	)	(181,351	)	-			(215,931	)
Equity securities		(8,253	)	-		-		-			(8,253	)	(3,297	)	-		-			(11,550	)
Preferred stock		-		-		-		-			-		(11,644	)	(2,708	)	-			(14,352	)
Real estate		-		-		-		-			-		(76	)	(117	)	-			(193	)
Mortgage loans		-		(13,117	)	(8,692	)	-			(21,809	)	(13,244	)	(7,395	)	3,890	(b)		(38,558	)
Other investments		-		-		-		-			-		-		(2,000	)	-			(2,000	)
Proceeds from sales and paydowns of:
Property, plant and equipment		-		179,043		1,368		-			180,411		-		-		-			180,411
Short term investments		-		-		-		-			-		106,130		211,083		-			317,213
Fixed maturities investments		-		-		-		-			-		23,275		108,706		-			131,981
Equity securities		1,065		-		-		-			1,065		133		-		-			1,198
Preferred stock		-		-		-		-			-		1,914		-		-			1,914
Real estate		-		-		125		-			125		309		1,491		-			1,925
Mortgage loans		-		5,412		2,995		-			8,407		6,106		4,533		(3,890	)(b)		15,156
Net cash provided (used) by investing activities		(7,193	)	(236,188	)	(77,091	)	-			(320,472	)	(1,355	)	(52,143	)	-			(373,970	)
		(page 1 of 2)
(a) Balance for the period ended December 31, 2010
(b) Eliminate intercompany investments

Continuation of consolidating cash flow statements by industry segment for the year ended March 31, 2011 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
		(In thousands)
Cash flows from financing activities:
Borrowings from credit facilities		-		257,728		64,134		-		321,862		-		-		-			321,862
Principal repayments on credit facilities		-		(90,084	)	(198,798	)	-		(288,882	)	-		-		-			(288,882	)
Debt issuance costs		-		(1,987	)	-		-		(1,987	)	-		-		-			(1,987	)
Capital lease payments		-		(11,522	)	-		-		(11,522	)	-		-		-			(11,522	)
Leveraged Employee Stock Ownership Plan - repayments from loan		-		1,172		-		-		1,172		-		-		-			1,172
Securitization deposits		-		(46,031	)	-		-		(46,031	)	-		-		-			(46,031	)
Proceeds from (repayment of) intercompany loans		30,566		(223,746	)	193,180		-		-		-		-		-			-
Preferred stock dividends paid		(12,963	)	-		-		-		(12,963	)	-		-		551	(b)		(12,412	)
Dividend from (to) related party		3,303		-		-		-		3,303		(3,303	)	-		-			-
Investment contract deposits		-		-		-		-		-		-		11,580		-			11,580
Investment contract withdrawals		-		-		-		-		-		-		(34,548	)	-			(34,548	)
Net cash provided (used) by financing activities		20,906		(114,470	)	58,516		-		(35,048	)	(3,303	)	(22,968	)	551			(60,768	)
Effects of exchange rate on cash		-		271		-		-		271		-		-		-			271
Increase (decrease) in cash and cash equivalents		149,644		(34,607	)	753		-		115,790		(408	)	23,014		-			138,396
Cash and cash equivalents at beginning of period		100,460		107,241		4		-		207,705		22,126		14,287		-			244,118
Cash and cash equivalents at end of period	$	250,104	$	72,634	$	757	$	-	$	323,495	$	21,718	$	37,301	$	-		$	382,514
		(page 2 of 2)
(a) Balance for the period ended December 31, 2010
(b) Eliminate preferred stock dividends paid to affiliates