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Consolidated Statements Of Cash Flows (Debtor-In-Possession) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net loss attributable to common shareholders $ (921,711) $ (747,610)
Noncontrolling interest in subsidiaries' earnings 47 (26)
Net loss (921,664) (747,636)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,186 1,718
Amortization of bond premium and discount (86,333) (78,607)
Reorganization items, net 31,275  
Share-based compensation (15,459) 3,012
Current income taxes 901 443,822
Deferred acquisition costs 12,424 16,446
Unearned premiums, net (567,395) (858,448)
Loss and loss expense, net 1,109,365 262,604
Ceded premiums payable (19,563) (67,103)
Investment income due and accrued (496) 25,067
Premium receivables 497,671 928,805
Accrued interest payable 52,743 11,220
Net mark-to-market losses (gains) (5,837) (2,788,118)
Net realized investment gains (3,041) (151,355)
Other-than-temporary impairment charges 19,291 41,915
Variable interest entity activities 3,772 531,250
Other, net 97,723 72,175
Net cash provided by (used in) operating activities 207,563 (2,353,233)
Cash flows from investing activities:    
Proceeds from sales of bonds 240,418 2,339,636
Proceeds from matured bonds 362,668 386,191
Purchases of bonds (464,175) (661,755)
Change in short-term investments (74,786) 447,227
Loans, net (104) 9,562
Change in swap collateral receivable (52,260) 64,448
Other, net 4,146 10,851
Net cash provided by investing activities 15,907 2,596,160
Cash flows from financing activities:    
Dividends paid - subsidiary shares to noncontrolling interest   (817)
Proceeds from issuance of investment and payment agreements 26 1,253
Payments for investment and payment agreement draws (213,174) (213,106)
Net cash collateral paid/received (2,440) (85,659)
Net cash used in financing activities (215,588) (298,329)
Net cash flow 7,882 (55,402)
Cash and cash equivalents at January 1 9,497 112,079
Cash and cash equivalents at June 30 17,379 56,677
Supplemental disclosure of cash flow information:    
Income taxes 1,991  
Interest expense on long-term debt   44,358
Interest on investment agreements 4,362 10,529
Cash receipts and payments related to reorganization items:    
Professional fees paid for services rendered in connection with the Chapter 11 proceeding $ 11,725