Ellington financial inc. (EFC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows provided by (used in) operating activities:
NET INCREASE IN EQUITY RESULTING FROM OPERATIONS

63

49

35

-15

38

59

79

97

10

40

93

Reconciliation of the net increase (decrease) in equity resulting from operations to net cash provided by (used in) operating activities:
Realized gain or loss on investments, financial derivatives, and foreign currency transactions (excludes FX on cash)

-

25

-17

-35

23

6

18

-11

26

25

-12

Total Net Unrealized Gain Loss On Investments, Other Secured Borrowings, Financial Derivatives, and Foreign Currency Translation (excluding FX on cash)

-

26

13

-13

-48

-3

11

84

-61

-9

87

Accretion (Amortization) of Discounts and Premiums, Investments

-48

-45

-32

-24

-21

9

18

13

9

6

10

Realized (gains) losses on securities and loans, net

-12

-

-

-

-

-

-

-

-

-

-

Realized (gains) losses on financial derivatives, net

-30

-

-

-

-

-

-

-

-

-

-

Realized (gains) losses on real estate owned, net

2

-

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses on securities and loans, net

54

-

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses on financial derivatives, net

-5

-

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses on real estate owned, net

-1

-

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses other, net

-0

-

-

-

-

-

-

-

-

-

-

Realized (gains) losses other, net—foreign currency transaction

-2

4

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses other, net—foreign currency translation

-3

-

-

-

-

-

-

-

-

-

-

Purchase of investments

-

3,350

2,849

2,246

3,381

5,298

2,224

2,345

3,510

2,738

1,223

Proceeds from disposition of investments

-

-1,868

-1,962

-2,032

-3,570

-4,755

-1,713

-2,166

-3,456

-2,193

-879

Proceeds from principal payments of investments

-

497

286

276

284

186

190

142

105

111

103

Repurchase of investments sold short

-

2,457

1,674

1,573

2,031

1,215

702

796

1,254

563

50

Payments on financial derivatives

90

119

103

354

505

-

-

-

-

-

-

Proceeds from financial derivatives

58

121

109

394

416

-

-

-

-

-

-

Amortization of deferred debt issuance costs

0

0

0

0

0

-

-

-

-

-

-

Shares Issued In Connection With Incentive Fee Payment

-

0

0

-

-

0

1

1

0

0

1

Share-based long term incentive plan unit expense

0

0

0

0

0

0

0

0

0

1

3

Interest income related to consolidated securitization trust

-16

4

-1

0

0

-

-

-

-

-

-

Interest expense related to consolidated securitization trust(1)

15

4

0

0

0

-

-

-

-

-

-

Debt issuance costs related to Other secured borrowings, at fair value(1)

1

-

1

0

0

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

10

-

-

-

-

-

-

-

-

-

-

Debt issuance costs related to debt carried at fair value

-

-

-

0

0

-

-

-

-

-

-

Repurchase agreements

-

-94

-28

79

-66

144

14

-2

-9

25

-4

(Increase) decrease in assets:
Increase decrease in interest and principal receivable

15

-

-

-

-

-

-

-

-

-

-

Receivable for securities sold and financial derivatives

-

304

30

-260

-531

354

256

93

-265

285

482

Due from brokers, net

6

-68

46

-47

-5

64

59

-11

13

-2

0

Interest and principal receivable

-

7

7

1

-0

13

1

-0

0

-3

1

Restricted cash

-

-

-

-4

4

0

0

-

-

-

-

Other assets

3

-28

40

-1

3

0

1

0

0

0

-0

Increase (decrease) in liabilities:
Due to brokers

-

3

-11

-102

92

2

-11

-48

-86

59

-18

Payable for securities purchased and financial derivatives

-

285

117

-80

66

-94

135

-70

-56

142

26

Base management fee payable to affiliate

0

-0

-0

-0

-0

0

0

0

-0

0

0

Accounts payable and accrued expenses

-

1

0

-0

0

1

-0

0

-0

1

-0

Incentive fee payable to affiliate

0

-

0

-

-

-3

-4

7

-1

-0

-2

Other liabilities

0

-0

0

-0

0

0

-0

0

0

0

-

Interest and dividends payable

1

1

2

1

-0

0

0

-0

0

0

0

Net cash provided by (used in) operating activities

79

-494

-462

69

654

-604

-244

-51

-47

-347

-216

Cash Flows from Investing Activities:
Purchase of securities

3,057

-

-

-

-

-

-

-

-

-

-

Purchase of loans

1,040

-

-

-

-

-

-

-

-

-

-

Capital improvements of real estate owned

0

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition of securities

1,838

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition of loans

28

-

-

-

-

-

-

-

-

-

-

Contributions to investments in unconsolidated entities

42

-

-

-

-

-

-

-

-

-

-

Distributions from investments in unconsolidated entities

49

-

-

-

-

-

-

-

-

-

-

Proceeds from disposition of real estate owned

24

-

-

-

-

-

-

-

-

-

-

Proceeds from principal payments of securities

275

-

-

-

-

-

-

-

-

-

-

Proceeds from principal payments of loans

304

-

-

-

-

-

-

-

-

-

-

Proceeds from investments sold short

645

2,674

1,718

1,430

1,461

1,606

947

938

903

814

509

Repurchase of securities sold short

650

-

-

-

-

-

-

-

-

-

-

Payments made on reverse repurchase agreements

7,050

-

-

-

-

-

-

-

-

-

-

Proceeds from reverse repurchase agreements

7,038

-

-

-

-

-

-

-

-

-

-

Due to brokers, net

3

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-1,664

-

-

-

-

-

-

-

-

-

-

Cash flows provided by (used in) financing activities:
Net proceeds from issuance of common stock

156

-

-

-

-

188

125

88

0

98

-

Proceeds from Issuance of Preferred Stock and Preference Stock

111

-

-

-

-

-

-

-

-

-

-

Offering costs paid

0

-

-

0

0

0

0

0

0

1

1

Repurchase of common stock

0

23

14

14

5

0

0

3

1

0

7

Special distribution to Ellington Financial Management LLC

-

-

-

-

-

-

-

-

-

-

1

Dividends paid

54

50

57

65

83

86

92

47

42

33

30

Contributions from non-controlling interests

27

21

20

5

2

1

5

0

0

-

-

Distributions to non-controlling interests

23

23

8

5

1

1

0

0

0

-

-

Proceeds from issuance of securitized debt

97

100

111

40

0

-

-

1

0

0

-

Proceeds from issuance of Other secured borrowings

250

102

-

0

0

-

-

-

-

-

-

Repayments of Secured Debt

62

-

-

-

-

-

-

-

-

-

-

Principal payment on securitized debt

61

43

28

0

0

0

0

0

0

0

-

Proceeds from issuance of Other secured borrowings, at fair value

-

-

106

-

-

-

-

-

-

-

-

Debt issuance costs related to Other secured borrowings at fair value financing activities

-

-0

0

-

-

-

-

-

-

-

-

Proceeds from Issuance of Senior Long-term Debt

-

-

86

0

0

-

-

-

-

-

-

Payments of Debt Issuance Costs

-

-

1

0

0

-

-

-

-

-

-

Borrowings under repurchase agreements

9,047

8,078

9,919

5,762

9,758

23,414

3,286

-

-

-

-

Repayments of repurchase agreements

7,862

7,668

9,745

5,854

10,253

22,981

2,955

-

-

-

-

Due from brokers, net

-13

-

-

-

-

-

-

-

-

-

-

Due to brokers, net

0

-

-

-

-

-

-

-

-

-

-

Reverse repurchase agreements, net of repayments

-

-

-

-

-

-

-

-9

-118

-217

-299

Net cash provided by (used in) financing activities

1,612

491

386

-130

-584

534

368

47

74

280

257

Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash

27

-2

-76

-60

69

-69

124

-3

26

-67

41

Supplemental disclosure of cash flow information:
Interest paid

78

55

28

15

12

9

10

8

6

3

2

Payments made to open financial derivatives

-

-

-

-

-

61

25

91

150

310

122

Proceeds received to close financial derivatives

-

-

-

-

-

85

42

126

255

211

163

Proceeds received to open financial derivatives

-

-

-

-

-

87

39

42

27

81

5

Payments made to close financial derivatives

-

-

-

-

-

130

46

56

33

65

27

Shares Issued In Connection With Incentive Fee Payment Non-Cash

-

0

0

-

-

0

1

1

0

0

1

Income tax paid

0

-

-

-

-

-

-

-

-

-

-

Share-based Payment Arrangement, Expense

0

0

0

0

0

0

0

0

0

1

3

Real Estate Owned, Transfer to Real Estate Owned

22

-

-

-

-

-

-

-

-

-

-

Aggregate TBA trade activity (buys sells) (non-cash)

-

29,752

23,917

22,923

36,357

30,136

24,946

16,365

21,558

16,071

5,136

Purchase of loans (non-cash)

2

-17

25

44

0

-

-

-

-

-

-

Distributions from investments in unconsolidated entities

2

-

-

-

-

-

-

-

-

-

-

Proceeds from principal payments of investments (non-cash)

119

49

27

10

0

-

-

-

-

-

-

Proceeds from the Disposition of Investments Non Cash

-

17

26

96

0

-

-

-

-

-

-

Payments made to open financial derivatives (non-cash)

-

-

-

-4

0

-

-

-

-

-

-

Proceeds from financial derivatives (non-cash)

-

-

-

7

0

-

-

-

-

-

-

Proceeds from Issuance of Securitized Debt Non Cash

-

-

17

13

0

-

-

-

-

-

-

Principal payments on Other secured borrowings (non-cash)

-

-

65

29

0

-

-

-

-

-

-

Principal payments on Other secured borrowings, at fair value (non-cash)

119

49

-13

0

0

-

-

-

-

-

-

Repayments of repurchase agreement (non-cash)

-226

-

-

-

-

-

-

-

-

-

-

Proceeds received from Other secured borrowings, at fair value (non-cash)

227

120

31

0

0

-

-

-

-

-

-

Repayment of senior notes (non-cash)

86

-

-

-

-

-

-

-

-

-

-

Issuance of senior notes (non-cash)

86

-

-

-

-

-

-

-

-

-

-

Borrowings under reverse repurchase agreements (non-cash)

-

-

33

0

0

-

-

-

-

-

-

Repayments of reverse repurchase agreements non cash

-

-120

-31

-48

0

-

-

-

-

-

-

Debt issuance costs related to Other secured borrowings at fair value non cash

-

-0

-0

0

0

-

-

-

-

-

-

Share based long term incentive plan unit redemption non cash

-

-9

0

-

-

-

-

-

-

-

-

Contribution from non-controlling interest (non-cash)

-

9

0

-

-

-

-

-

-

-

-