Entire IR Site Press Releases Only Filings Only
Tear sheetEmail pagePDF viewPrint viewRSS News FeedsEmail Alert
Cash Flow Statement 
 2013 Y2014 Y2015 Y2016 Y2017 Q3 YTD
Source Document12/31/201512/31/201612/31/201612/31/20169/30/2017
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Operating Activities 
Net income 75,72028,61914,70422,49338,167
Adjustments to reconcile net income to net cash (used in) provided by operating activities 
Amortization of premium (Agency MBS) 62,03345,69046,94136,32226,112
Amortization/accretion of market yield adjustments (Non-Agency MBS) 0(429)1294452,044
Accretion of discount (residential mortgage loans) NANA(186)(395)(122)
Provision for loan losses 002030NA
Depreciation on rental properties 0235441452347
Loss (gain) on sales of MBS (9,237)2,8547,5082,0722,168
Impairment charge on Non-Agency MBS NA001,5482,399
Unrealized (gain) on Agency MBS held as trading investments NA0013,777(10,071)
(Gain) loss on sales of Non-Agency MBS 0075(137)NA
(Gain) on sales of residential mortgage loans NA00(749)(378)
Amortization of restricted stock 202979733762
Recovery on Non-Agency MBS (397)(120)(26)(12)(2)
Periodic net settlements on interest rate swaps, net of amortization 0(17,509)(38,738)(16,694)(5,273)
(Gain) loss on interest rate swaps, net 036,67674,24727,2503,957
Loss (gain) on derivatives, net of derivative income - TBA Agency MBS 0(10,228)(9,323)(11,464)(706)
Loss (gain) on derivatives - Eurodollar Futures Contracts 01,6942,1032,723(262)
Changes in assets and liabilities 
(Increase) decrease in interest receivable 2,5294,1951,5893,722(1,680)
(Increase) decrease in prepaid expenses and other 1,737(8,679)(589)23(28,572)
(Increase) decrease in restricted cash 00(234)(884)(10,232)
Increase in accrued interest payable 9,732(995)(2,145)(639)4,984
Increase (decrease) in accrued expenses 6073,092(5,673)3761,581
Net cash (used in) provided by operating activities 142,92685,19291,12380,56624,523
Investing Activities 
Available-for-sale Agency MBS 
Proceeds from sales 636,807561,689719,907400,821NA
Purchases (2,591,994)(430,779)00NA
Principal payments 2,356,5901,443,8741,347,7711,013,865NA
Trading Agency MBS 
Purchases NA00(509,385)NA
Principal payments NA008,016NA
Available-for-sale Non-Agency MBS 
Proceeds from sales 0025,49918,174NA
Purchases 0(176,062)(577,695)(54,775)NA
Principal payments 01,52747,40078,582NA
MBS Portfolios 
Proceeds from sales NANANANA736,900
Purchases NANANANA(2,076,082)
Principal payments NANANANA901,564
Residential mortgage loans held-for-investment 
Purchases 00(54,156)0NA
Proceeds from sales NA0038,3696,806
Principal payments 00455672106
Residential properties purchases 0(13,106)(1,932)(351)(271)
Net cash (used in) provided by investing activities 401,4031,387,1431,507,249993,988(430,977)
Financing Activities 
Borrowings from repurchase agreements 42,833,03933,862,23335,456,13826,712,20719,010,953
Repayments on repurchase agreements (43,273,039)(35,071,493)(36,911,350)(27,716,720)(18,579,120)
Proceeds from ABS issued by securitization trusts NANANANA0
Prior payments of ABS issued by securitization trusts NANANANA0
Net settlements of TBA Agency MBS Contracts NA9,17311,02824,428(9,391)
Settlements on terminated interest rate swaps 0(42,438)(28,075)(16,055)(27,350)
Proceeds from common stock issued (common stock repurchased), net (15,293)(152,739)(52,186)(14,691)2,684
Proceeds on Series B Preferred Stock issued 1,335NANANANA
Proceeds on Series C Preferred Stock issued 0010,0391,282NA
Series A Preferred Stock dividends paid (4,117)(4,139)(4,139)(4,139)NA
Proceeds on preferred stock issued 1,090NANANA33,163
Preferred stock dividends paid (1,615)(1,577)(1,577)(1,577)(5,440)
Series C Preferred Stock dividends paid 00(518)(842)NA
Common stock dividends paid (81,271)(63,734)(61,967)(58,170)(43,320)
Net cash provided by (used in) financing activities (539,871)(1,464,714)(1,582,607)(1,074,277)382,179
Net (decrease) increase in cash and cash equivalents 4,4587,62115,765277(24,275)
Cash and cash equivalents at beginning of period 2,9107,36814,98930,75431,031
Cash and cash equivalents at end of period 7,36814,98930,75431,0316,756
Supplemental Disclosure of Cash Flow Information 
Cash paid for interest 83,237109,92575,93158,62442,506
Conversions of Series B Preferred Stock into common stock 2,633NANANANA
Common stock repurchased 38,031154,11056,37815,5620
Change in payable for MBS purchased 024,624(24,624)09,124


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

Anworth Mortgage Asset Corporation did not calculate, prepare or compile the data/information shown on this web page and expressly disclaims any responsibility for the accuracy or completeness of the data/information contained herein.

This website may point to other third party sites that might be of interest to you, but for which Anworth has no responsibility. By clicking on links to third party websites, you will be leaving the Anworth website. Anworth has no control over these websites. You will visit these other websites at your own risk. Anworth assumes no responsibility for the accuracy of the information contained on any third party website. Anworth does not endorse or make any representation or warranty regarding any linked websites or information therein, or any of the products or services described there.

Copyright 2017, © SNL Financial LC  Terms of Use
Copyright 2002 - 2017 - Anworth Mortgage Asset Corporation | Terms & Conditions