Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep. 30. 2004) 12 Months |
(June 30, 2004) 9 Months |
(March 31. 2004) 6 Months |
(Dec. 31, 2003) 3 Months |
(Sep. 30. 2003) 12 Months |
Income |
2,002.00 |
793.00 |
406.00 |
338.00 |
-770.00 |
Depreciation & amortization |
693.00 |
517.00 |
345.00 |
168.00 |
978.00 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Policy Acquisition Costs
|
-230.00 |
-203.00 |
-113.00 |
-14.00 |
-223.00 |
Accountig change |
- |
- |
- |
1.00 |
- |
Restructuring Charges |
1.00 |
1.00 |
- |
- |
-205.00 |
Inventories |
-59.00 |
-245.00 |
-87.00 |
124.00 |
747.00 |
Impairment of goodwill |
- |
- |
- |
- |
35.00 |
Sale of businesses |
- |
- |
- |
- |
-49.00 |
Share-based Compensation |
- |
- |
- |
- |
- |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Tax benefit from employee stock options |
- |
- |
- |
- |
- |
Income Taxes Paid Refund Classified As Operating Activities |
- |
- |
- |
- |
- |
Income taxes |
-19.00 |
-12.00 |
-12.00 |
- |
-213.00 |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Accounts receivable |
200.00 |
15.00 |
-45.00 |
-62.00 |
205.00 |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
-203.00 |
-85.00 |
-84.00 |
-105.00 |
-257.00 |
Accrued liabilities |
- |
- |
- |
- |
- |
Increase (Decrease) in Customer Deposits |
80.00 |
- |
- |
- |
- |
Retirement benefit plans |
-1,111.00 |
-831.00 |
-554.00 |
-201.00 |
-685.00 |
Other Working Capital |
- |
- |
- |
- |
- |
Other assets & liabilities |
-799.00 |
191.00 |
76.00 |
-503.00 |
-848.00 |
Other net |
79.00 |
154.00 |
221.00 |
-3.00 |
337.00 |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
634.00 |
295.00 |
153.00 |
-257.00 |
-948.00 |
Capital Expenditures |
-157.00 |
-94.00 |
-61.00 |
-29.00 |
-291.00 |
Sale of Capital Items |
63.00 |
- |
- |
31.00 |
158.00 |
Short-term Investments Proceeds |
1,270.00 |
-834.00 |
-569.00 |
-160.00 |
845.00 |
Payments to Acquire Available-for-sale Securities |
-2,091.00 |
- |
- |
- |
- |
Proceeds from sales of other investments |
- |
- |
- |
- |
- |
Interest Received Classified As Investing Activities |
- |
- |
- |
- |
- |
Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities |
- |
- |
- |
- |
- |
Purchase Of Other Longterm Assets Classified As Investing Activities |
- |
- |
- |
- |
- |
Cash And Cash Equivalents In Subsidiary Or Businesses Acquired Or Disposed |
- |
- |
- |
- |
- |
Increase (Decrease) of Restricted Investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from sale of investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Acquisition net of cash acquired |
- |
- |
- |
- |
- |
Investment in affiliate |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
9.00 |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
46.00 |
57.00 |
36.00 |
-1.00 |
37.00 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-869.00 |
-871.00 |
-594.00 |
-159.00 |
758.00 |
Short-term debt Net |
2.00 |
9.00 |
2.00 |
1.00 |
46.00 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
1,631.00 |
Long-term debt - repayments |
-479.00 |
-330.00 |
-249.00 |
-83.00 |
-535.00 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
276.00 |
236.00 |
162.00 |
76.00 |
38.00 |
Exercise of stock options |
- |
- |
- |
- |
-69.00 |
Issuances/ -repurchases
of Pref. Stock |
-21.00 |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
-17.00 |
6.00 |
6.00 |
- |
-60.00 |
Other net |
- |
- |
- |
- |
- |
Increase Decrease In Cash And Cash Equivalents |
- |
- |
- |
- |
- |
Payments From Changes In Ownership Interests In Subsidiaries |
- |
- |
- |
- |
- |
Payments To Acquire Or Redeem Entitys Shares |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
-239.00 |
-79.00 |
-79.00 |
-6.00 |
1,051.00 |
Effect of exchange rate on cash flow |
32.00 |
20.00 |
28.00 |
32.00 |
66.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
540.00 |
201.00 |
92.00 |
-255.00 |
-1,081.00 |
Total Cash Flow |
-442.00 |
-635.00 |
-492.00 |
-390.00 |
927.00 |
Cash & cash equiv. at beg.
of the Year |
3,821.00 |
3,821.00 |
3,821.00 |
3,821.00 |
2,894.00 |
Cash & cash equivalents at
end of period |
3,379.00 |
3,186.00 |
3,329.00 |
3,431.00 |
3,821.00 |
Cash Interests paid |
371.00 |
247.00 |
192.00 |
61.00 |
336.00 |
Cash Income taxes paid |
52.00 |
- |
35.00 |
45.00 |
109.00 |