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Chief Financial Officer's (CFO) Report to the Board

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Chief Financial Officer's (CFO) Report to the Board Home
Executive Summary

   •  Summary Trends and Results
I. Corporate Fund Financial Results

   •  BIF & SAIF Balance Sheet
   •  BIF & SAIF Income Statement
   •  BIF & SAIF Statements of Cash Flows
   •  FRF Statements of Cash Flows
   •  Assets in Liquidation
II. Investments Results & Prospective Strategy

   •  Corporate Investment Portfolio Summary
   •  Approved Investment Strategy
III. Budget Results

   •  Budget & Expenditures by Major Expense Categories
   •  Budget & Expenditures by Budget Component, Division & Office
FSLIC Resolution Fund (FRF) Statements of Cash Flows - First Quarter 2005

Fund Financial Results ($ in millions – All data is unaudited)
FSLIC Resolution Fund (FRF) -
Statements of Cash Flows
3/31/05 3/31/04
Net (Loss)/Income $        (367) $         77
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
   Provision for insurance losses (2) 2
   Net change in operating assets and liabilities 35 (80)
Net Cash (Used) by Operating Activities $          (334) $        (1)
Investment in securitization-related assets acquired from receivership 0 82
Net Cash Provided by Investing Activities $          0 $           0
Net Cash Provided Provided by Financing Activities 382 0
Net Increase in Cash and Cash Equivalents 48 81
Cash and Cash Equivalents at beginning of year 3,501 3,278
Cash and Cash Equivalents - Ending $     3,549 $     3,359




Last Updated 5/06/2005 dofbusinesscenter@fdic.gov

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