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Bring on tomorrow - AIG.com

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C<strong>on</strong>densed Financial Informati<strong>on</strong> of Registrant (C<strong>on</strong>tinued)Statement of Cash Flows – Parent Company OnlySchedule IIYears Ended December 31,(in milli<strong>on</strong>s) 2012 2011 2010Net cash used in operating activities $ (825) $ (5,600) $ (1,942)Cash flows from investing activities:Sales and maturities of investments 16,546 2,224 3,212Sales of divested businesses – 1,075 278Purchase of investments (4,406) (19) (55)Net change in restricted cash (377) 1,945 (183)Net change in short-term investments (2,029) (7,130) (4,291)C<strong>on</strong>tributi<strong>on</strong>s to subsidiaries – net (152) (15,973) (2,574)Payments received <strong>on</strong> mortgages and other loan receivables 328 341 785Loans to subsidiaries – net 5,126 3,757 5,703Other, net 259 1,543 (300)Net cash provided by (used in) investing activities 15,295 (12,237) 2,575Cash flows from financing activities:Federal Reserve Bank of New York credit facility borrowings –– 19,900Federal Reserve Bank of New York credit facility repayments – (14,622) (19,110)Issuance of l<strong>on</strong>g-term debt 3,754 2,135 1,996Repayment of l<strong>on</strong>g-term debt (3,238) (6,181) (3,681)Proceeds from drawdown <strong>on</strong> the Department of the Treasury Commitment – 20,292 2,199Issuance of Comm<strong>on</strong> Stock – 5,055 –Loans from subsidiaries – net (2,032) 11,519 (1,777)Purchase of Comm<strong>on</strong> Stock (13,000) (70) –Other, net (49) (164) (168)Net cash provided by (used in) financing activities (14,565) 17,964 (641)Change in cash (95) 127 (8)Cash at beginning of year 176 49 57Cash at end of year $ 81 $ 176 $ 49Supplementary disclosure of cash flow informati<strong>on</strong>:Years Ended December 31,(in milli<strong>on</strong>s) 2012 2011 2010Inter<strong>com</strong>pany n<strong>on</strong>-cash financing and investing activities:Capital c<strong>on</strong>tributi<strong>on</strong>s in the form of available for sale securities $ 4,078 $ – $ –Capital c<strong>on</strong>tributi<strong>on</strong>s to subsidiaries through forgiveness of loans – – 2,510Other capital c<strong>on</strong>tributi<strong>on</strong>s – net 579 523 346Paydown of FRBNY Credit Facility by subsidiary – – 4,068Investment assets received through reducti<strong>on</strong> of inter<strong>com</strong>pany loan receivable – – 468Exchange of inter<strong>com</strong>pany payable with loan payable – – 469Inter<strong>com</strong>pany loan receivable offset by inter<strong>com</strong>pany payable – 18,284 1,364Return of capital and dividend received in the form of cancellati<strong>on</strong> ofinter<strong>com</strong>pany loan 9,303 – –Return of capital and dividend received in the form of b<strong>on</strong>d trading securities 3,320 3,668 –See Ac<strong>com</strong>panying Notes to C<strong>on</strong>densed Financial Informati<strong>on</strong> of Registrant...................................................................................................................................................................................................................................<strong>AIG</strong> 2012 Form 10-K 361

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