Bank of America Corporation and Subsidiaries Consolidated Statement of Cash Flow

Question

Bank of America Corporation and Subsidiaries Consolidated Statement of Cash Flows taan 17.822 s 15,940 of debt securiies and peemis 3,161 1,133) es improvements Net anortestion of dett seeties 22 3134 2.813 Proceeds from sales and paydlowns of loans orignaly classited as heldforsale (86612.550 Acprued expenses and other liabies Tme ceposuts placed and ether 1.292 and sequilties bomowed or purchased under eentso (2.117 5,742 5A717,60 104,975)3,01)19,412 12.812 and matuites Heldtomaburity debt securitiet Proceeds froms paydona and 11761 18,230 22316 32829) 31.895) 12.283 31.14 Other changes in learm and leases, net Financing actvits s punhased and securites loaned or sold under agreements to repurchase 4,000) 20.984) Long terrn delt Proceedu thom 51849(40365 Commen sock repunchased 12,814) 5.112) 3.574) 696111.015 Cesh and.ceshequivalents atn1 582. See accompanying Notes to Consolidated Financial

Explanation / Answer

1 Net income= $18232 2 Beginning cash balance=$147438 3 Ending cash balance=$ 157434 4 Non-cash items: Provision for credit losses Gains on sales of debt securities Depreciation and premise improvement amortization Amortization of intangibles Net amortization of premium/discount on debt seccurities Deferred income taxes Stock based compensation 5 Cash position changes positively since there is a net increase in cash and cash equivalence of $9696. 6 Proceeds from long-term debt issuance contributed most to BOA's financing activities 7 Cashflow from operating activities would be the most important section since it shows the profit generating ability and liquidity of the company 8 Yes. Cash dividend of $5700 9 Biggest changes in investing activities: Purchase of debt securities Proceeds from sale of debt seccurities Proceeds from paydown and maturities

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