10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CITIGROUP INC | |||
Ticker: C Fiscal Year: 2009 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Cash flows from operating activities of continuing operations | |||
| Net income (loss) before attribution of noncontrolling interests | $ (1,511) | (28,027) | 3,900 |
| Net income (loss) attributable to noncontrolling interests | 95 | (343) | 283 |
| Citigroup's net income (loss) | (1,606) | (27,684) | 3,617 |
| Income (loss) from discontinued operations, net of taxes | (402) | 1,070 | 708 |
| Gain (loss) on sale, net of taxes | (43) | 2,932 | |
| Income (loss) from continuing operations-excluding noncontrolling interests | (1,161) | (31,686) | 2,909 |
| Adjustments to reconcile net income to net cash (used in) provided by operating activities of continuing operations | |||
| Amortization of deferred policy acquisition costs and present value of future profits | 434 | 206 | 369 |
| Additions to deferred policy acquisition costs | (461) | (397) | (482) |
| Depreciation and amortization | 2,853 | 2,466 | 2,421 |
| Deferred tax benefit | (7,709) | (20,535) | (3,927) |
| Provision for credit losses | 39,004 | 33,311 | 16,982 |
| Change in trading account assets | 25,864 | 123,845 | (62,798) |
| Change in trading account liabilities | (25,382) | (14,604) | 20,893 |
| Change in federal funds sold and securities borrowed or purchased under agreements to resell | (43,726) | 89,933 | 38,143 |
| Change in federal funds purchased and securities loaned or sold under agreements to repurchase | (47,669) | (98,950) | (56,983) |
| Change in brokerage receivables net of brokerage payables | 1,847 | (954) | (15,529) |
| Realized gains from sales of investments | (1,996) | (679) | (1,168) |
| Change in loans held-for-sale | (1,711) | 29,009 | (30,649) |
| Other, net | 4,094 | (14,445) | 18,268 |
| Total adjustments | (54,558) | 128,206 | (74,460) |
| Net cash (used in) provided by operating activities of continuing operations | (55,719) | 96,520 | (71,551) |
| Cash flows from investing activities of continuing operations | |||
| Change in deposits with banks | 2,519 | (100,965) | (17,216) |
| Change in loans | (148,651) | (270,521) | (361,934) |
| Proceeds from sales and securitizations of loans | 241,367 | 313,808 | 273,464 |
| Purchases of investments | (281,115) | (344,336) | (274,426) |
| Proceeds from sales of investments | 85,395 | 93,666 | 211,753 |
| Proceeds from maturities of investments | 133,614 | 209,312 | 121,346 |
| Capital expenditures on premises and equipment | (1,146) | (2,541) | (4,003) |
| Proceeds from sales of premises and equipment, subsidiaries and affiliates, and repossessed assets | 6,303 | 23,966 | 4,253 |
| Business acquisitions | (15,614) | ||
| Net cash provided by (used in) investing activities of continuing operations | 38,286 | (77,611) | (62,377) |
| Cash flows from financing activities of continuing operations | |||
| Dividends paid | (3,237) | (7,526) | (10,778) |
| Issuance of common stock | 17,514 | 6,864 | 1,060 |
| Issuances (redemptions) of preferred stock, net | 70,626 | (1,000) | |
| Issuances of T-DECs - APIC | 2,784 | ||
| Treasury stock acquired | (3) | (7) | (663) |
| Stock tendered for payment of withholding taxes | (120) | (400) | (951) |
| Issuance of long-term debt | 110,088 | 90,414 | 118,496 |
| Payments and redemptions of long-term debt | (123,743) | (132,901) | (65,517) |
| Change in deposits | 61,718 | (37,811) | 93,422 |
| Change in short-term borrowings | (51,995) | (13,796) | 10,425 |
| Net cash provided by (used in) financing activities of continuing operations | 13,006 | (24,537) | 144,494 |
| Effect of exchange rate changes on cash and cash equivalents | 632 | (2,948) | 1,005 |
| Discontinued operations | |||
| Net cash provided by (used in) discontinued operations | 14 | (377) | 121 |
| Change in cash and due from banks | (3,781) | (8,953) | 11,692 |
| Cash and due from banks at beginning of period | 29,253 | 38,206 | |
| Cash and due from banks at end of period | 25,472 | 29,253 | 38,206 |
| Supplemental disclosure of cash flow information for continuing operations | |||
| Cash (received) paid during the year for income taxes | (289) | 3,170 | 5,923 |
| Cash paid during the year for interest | 28,389 | 55,678 | 72,732 |
| Non-cash investing activities | |||
| Transfers to repossessed assets | 2,880 | 3,439 | 2,287 |
| Transfers to investments (held-to-maturity) from trading account assets | 33,258 | ||
| Transfers to investments (available-for-sale) from trading account assets | 4,654 | ||
| Transfers to loans held for investment (loans) from loans held-for-sale | 15,891 | ||
| External Links | |
| CITIGROUP INC (C) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |