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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Cash flow from operating activities:      
Net earnings $ 264,708 $ 205,367 $ 183,575
Adjustments to reconcile net earnings to cash provided by operations:      
Depreciation 260,492 229,789 212,324
Amortization of deferred policy acquisition costs 17,376 13,791 9,494
Change in allowance for losses on trade receivables (134) (208) 28
Change in allowance for inventory reserves 1,133 1,382 (674)
Net of (gains) losses on sale of real and personal property (22,496) (20,888) (23,058)
Net (gain) loss on sale of investments (8,323) (5,579) (1,135)
Deferred Income Taxes and Tax Credits 13,518 104,360 80,898
Net change in other operating assets and liabilities:      
Reinsurance recoverables and trade receivables 36,322 (77,115) (5,966)
Inventories 1,206 (173) (6,431)
Prepaid expenses (15,587) 15,748 (4,244)
Capitalization of deferred policy acquisition costs (50,640) (23,166) (25,239)
Other assets 21,556 5,992 28,715
Related party assets 133,672 (14,210) (87)
Accounts payable and accrued expenses 40,032 19,469 12,547
Policy benefits and losses, claims and loss expenses payable (30,478) 212,330 109,334
Other policyholders' funds and liabilities 21 (1,458) 566
Deferred income (1,312) 4,367 1,967
Related party liabilities 464 44 249
Net cash provided by operating activities 661,530 669,842 572,863
Purchase of:      
Property, plant and equipment (655,984) (589,799) (480,418)
Short term investments (411,638) (291,622) (260,766)
Fixed maturities investments (443,262) (220,104) (215,931)
Equity securities (16,289) (9,048) (11,550)
Preferred stock (6,296) (2,717) (14,352)
Real estate (1,073) (7,829) (193)
Mortgage loans (80,711) (127,163) (38,558)
Other investments 0 0 (2,000)
Proceeds from sale of:      
Property, plant and equipment 220,699 168,912 180,411
Short term investments 417,520 300,893 317,213
Fixed maturities investments 160,806 128,486 131,981
Equity securities 372 10,222 1,198
Preferred stock 7,258 2,352 1,914
Real estate 671 440 1,925
Mortgage loans 95,714 54,840 15,156
Net cash used by investing activities (712,213) (582,137) (373,970)
Cash flow from financing activities:      
Borrowings from credit facilities 270,546 237,780 321,862
Principal repayments on credit facilities (257,957) (201,888) (288,882)
Debt issuance costs (2,223) (2,004) (1,987)
Capital lease payments (26,877) (8,328) (11,522)
Leveraged Employee Stock Ownership Plan - repayments from loan 692 984 1,172
Securitization deposits 1,195 42,088 (46,031)
Preferred stock redemption paid 0 (144,289) 0
Preferred stock dividends paid 0 (2,913) (12,412)
Common stock dividends paid (97,421) (19,484) 0
Contribution to related party 0 (518) 0
Investment contract deposits 301,729 13,854 11,580
Investment contract withdrawals (31,901) (28,027) (34,548)
Net cash used by financing activities 157,783 (112,745) (60,768)
Effects of exchange rate on cash (536) (294) 271
Increase (decrease) in cash and cash equivalents 106,564 (25,334) 138,396
Cash and cash equivalents at the beginning of period 357,180 382,514 244,118
Cash and cash equivalents at the end of the period $ 463,744 $ 357,180 $ 382,514