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: 2010 | |||
CITIGROUP INC. AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 25, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Cash flows from operating activities of continuing operations | |||
| Net income (loss) before attribution of noncontrolling interests | $ 10,883 | (1,511) | (28,027) |
| Net income (loss) attributable to noncontrolling interests | 281 | 95 | (343) |
| Citigroup's net income (loss) | 10,602 | (1,606) | (27,684) |
| Income (loss) from discontinued operations, net of taxes | 215 | (402) | 1,070 |
| Gain (loss) on sale, net of taxes | (283) | (43) | 2,932 |
| Income (loss) from continuing operations-excluding noncontrolling interests | 10,670 | (1,161) | (31,686) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities of continuing operations | |||
| Amortization of deferred policy acquisition costs and present value of future profits | 302 | 434 | 206 |
| (Additions)/reductions to deferred policy acquisition costs | (98) | (461) | (397) |
| Depreciation and amortization | 2,664 | 2,853 | 2,466 |
| Deferred tax benefit | (964) | (7,709) | (20,535) |
| Provision for credit losses | 25,077 | 39,004 | 33,311 |
| Change in trading account assets | 15,601 | 25,864 | 123,845 |
| Change in trading account liabilities | (8,458) | (25,382) | (14,604) |
| Change in federal funds sold and securities borrowed or purchased under agreements to resell | (24,695) | (43,726) | 89,933 |
| Change in federal funds purchased and securities loaned or sold under agreements to repurchase | 35,277 | (47,669) | (98,950) |
| Change in brokerage receivables net of brokerage payables | (6,676) | 1,847 | (954) |
| Realized gains from sales of investments | (2,411) | (1,996) | (679) |
| Change in loans held-for-sale | 2,483 | (1,711) | 29,009 |
| Other, net | (13,086) | 5,203 | (13,279) |
| Total adjustments | 25,016 | (53,449) | 129,372 |
| Net cash provided by (used in) operating activities of continuing operations | 35,686 | (54,610) | 97,686 |
| Cash flows from investing activities of continuing operations | |||
| Change in deposits with banks | 4,977 | 2,519 | (100,965) |
| Change in loans | 60,730 | (148,651) | (270,521) |
| Proceeds from sales and securitizations of loans | 9,918 | 241,367 | 313,808 |
| Purchases of investments | (406,046) | (281,115) | (344,336) |
| Proceeds from sales of investments | 183,688 | 85,395 | 93,666 |
| Proceeds from maturities of investments | 189,814 | 133,614 | 209,312 |
| Capital expenditures on premises and equipment and capitalized software | (2,363) | (2,264) | (3,780) |
| Proceeds from sales of premises and equipment, subsidiaries and affiliates, and repossessed assets | 2,619 | 6,303 | 23,966 |
| Net cash provided by (used in) investing activities of continuing operations | 43,337 | 37,168 | (78,850) |
| Cash flows from financing activities of continuing operations | |||
| Dividends paid | (9) | (3,237) | (7,526) |
| Issuance of common stock | 17,514 | 6,864 | |
| Issuances (redemptions) of preferred stock, net | 70,626 | ||
| Issuances of T-DECs - APIC | 2,784 | ||
| Issuance of ADIA Upper Decs equity units purchase contract | 3,750 | ||
| Treasury stock acquired | (6) | (3) | (7) |
| Stock tendered for payment of withholding taxes | (806) | (120) | (400) |
| Issuance of long-term debt | 33,677 | 110,088 | 90,414 |
| Payments and redemptions of long-term debt | (75,910) | (123,743) | (132,901) |
| Change in deposits | 9,065 | 61,718 | (37,811) |
| Change in short-term borrowings | (47,189) | (51,995) | (13,796) |
| Net cash (used in) provided by financing activities of continuing operations | (77,428) | 13,006 | (24,537) |
| Effect of exchange rate changes on cash and cash equivalents | 691 | 632 | (2,948) |
| Discontinued operations | |||
| Net cash provided by (used in) discontinued operations | 214 | 23 | (304) |
| Change in cash and due from banks | 2,500 | (3,781) | (8,953) |
| Cash and due from banks at beginning of period | 25,472 | 29,253 | 38,206 |
| Cash and due from banks at end of period | 27,972 | 25,472 | 29,253 |
| Supplemental disclosure of cash flow information for continuing operations | |||
| Cash paid/(received) during the year for income taxes | 4,307 | (289) | 3,170 |
| Cash paid during the year for interest | 23,209 | 28,389 | 55,678 |
| Non-cash investing activities | |||
| Transfers to OREO and other repossessed assets | 2,595 | 2,880 | 3,439 |
| 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 trading account assets from investments | 12,001 | ||
| Transfers to loans held for investment (loans) from loans held-for-sale | 15,891 | ||
| External Links | |
| CITIGROUP INC (C) Fiscal Year 2010 | |
| 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 |