Annaly capital management inc (NLY)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net income (loss)

-2,163

54

1,569

1,432

465

-842

3,729

1,735

344

1,267

1,961

346

415

Cash flows from operating activities:
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Net income attributable to non controlling interest

-

-

-

-

-

-

-

-

-

-

-

0

0

Amortization of premiums and discounts of investments, net

-1,113

-692

-872

-807

-793

-664

-973

-1,470

-794

-664

-253

-99

-65

Amortization of residential mortgage loans premiums and discounts, net

-

-

-

-

0

-

-

-

-

-

-

-

-

Amortization of securitized debt premiums and discounts and deferred financing costs

11

3

3

-1

0

-

-

-

-

-

-

-

-

Depreciation, amortization and other noncash expenses

31

72

27

41

-

-

-

-

-

-

-

-

-

Net (gains) losses on sale of commercial real estate

-

-

-

-

0

2

-

-

-

-

-

-

-

Net (gains) losses on sales of commercial loans held for sale

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (gains) losses on disposals of investments and other

-47

-1,123

-3

33

63

94

424

432

206

-

-

-

-

Net (gains) losses on investments and derivatives

-1,855

-136

734

599

-

-

-

-

-

-

-

-

-

Net (gains) losses on sales of residential mortgage loans

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (gain) on sale of subsidiary

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (gains) losses on sales of MSRs

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (gains) losses on sales of corporate debt

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (gains) losses on sales of other investments

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (gain) loss on sale of investment in affiliate

-

-

-

-

-12

-

-

-

-

-

-

-

-

Amortization of trading securities premiums and discounts

-

-

-

-

-

-

-

-

-

-

-

0

-0

Net (gains) losses on sales of Agency mortgage-backed securities and debentures

-

-

-

-

-

-

-

-

-

181

99

10

19

Net loss on extinguishment of 4% Convertible Senior Notes

-

-

-

-

-

-

-

-162

-

-

-

-

-

Gain on termination of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

2

Stock compensation expense

-

-

-

-

1

1

2

5

5

4

4

2

1

Impairment of goodwill

-

-

-

-

22

-

23

-

-

-

-

-

-

Loss on previously held equity interest in CreXus

-

-

-

-

-

-

18

-

-

-

-

-

-

Non-cash component of disposal of subsidiary

-

-

-

-

-

-

-

1

-

-

-

-

-

Realized loss on disposal of subsidiary

-

-

-

-

-

-

-21

-

-

-

-

-

-

Unrealized (gains) losses on interest rate swaps

-

-

-

-

-124

-948

2,002

-32

-1,815

-318

349

-768

-

Net unrealized (gains) losses on investments measured at fair value through earnings

-

-

-

-

-103

-86

244

-59

-106

-

-

-

-

Income from unconsolidated joint ventures

-6

-2

-2

-4

-2

-

-

-

-

-

-

-

-

Loan loss provision

16

3

0

0

-

-

-

-

-

-

-

-

-

Amortization of commercial real estate investment premiums and discounts, net

-

-

-

-

1

-0

0

-

-

-

-

-

-

Amortization of intangibles

-

-

-

-

7

1

2

4

2

1

2

4

1

Amortization of deferred financing costs

-

-

-

-

5

9

8

6

3

3

-

-

-

Amortization of net origination fees and costs, net

-

-

-

-

4

4

-

-

-

-

-

-

-

Amortization of contingent beneficial conversion feature and equity component of Convertible Senior Notes

-

-

-

-

12

37

17

18

7

-

-

-

-

Depreciation expense

-

-

-

-

12

3

-

-

-

-

-

-

-

Business Combination, Bargain Purchase, Gain Recognized, Amount

-

-

-

72

0

-

-

-

-

-

-

-

-

Payments on purchases of loans held for sale

250

227

309

99

-

-

-

-

-

-

-

-

-

Distributions of cumulative earnings from unconsolidated joint venture

-

-

-

-

1

-

-

-

-0

-0

0

-

-

Net (gains) losses on trading assets

-

-

-

-

29

-245

1

20

21

-2

-

-

-

Originations of loans held for sale, net

-

-

-

-

1,231

-

-

-

-

-

-

-

-

Proceeds from sales and repayments of loans held for sale

282

97

410

299

458

-

-

-

-

-

-

-

-

Proceeds from securities borrowed

-

-

-

-

-

23,888

263,155

74,361

27,261

2,924

152

-

-

Proceeds from reverse repurchase agreements of RCap

-

-

-

-

-

-

-

-

156,659

87,968

3,100

-

-

Payments on reverse repurchase agreements of RCap

-

-

-

-

-

-

-

-

156,502

88,479

3,595

-

-

Proceeds from reverse repurchase agreements

-

-

-

-

-

-

-

-

166

-

-

-

-

Payments on reverse repurchase agreements

-

-

-

-

-

-

-

-

177

-

-

-

-

Payments on securities borrowed

-

-

-

-

-

21,306

263,577

75,593

27,973

3,111

181

-

-

Proceeds from securities loaned

-

-

-

-

-

41,939

484,836

185,657

54,126

3,231

197

-

-

Payments on securities loaned

-

-

-

-

-

44,466

484,117

184,654

53,539

3,042

168

-

-

Proceeds from U.S. Treasury securities

-

-

-

-

-

3,159

142,054

64,028

29,168

9,331

-

-

-

Payments on U.S. Treasury securities

-

-

-

-

-

3,920

141,019

64,746

28,490

9,521

-

-

-

Net receipts (payments) on derivatives

-1,939

480

-233

-168

55

-134

-133

-10

-7

-3

-

-

-

Net change in
Other assets

39

-98

58

110

24

2

-3

9

3

-3

8

-0

2

Due to / from brokers

0

0

0

0

0

-8

-0

-

-

-

-

-

-

Loss on other-than-temporarily impaired securities

-

-

-

-

-

-

-

-

-

-

-

31

-1

Interest receivable

85

19

52

-27

-47

21

-141

6

64

27

35

8

123

Receivable for investment advisory income

-

-

-

-

-10

3

-10

-1

3

3

6

-0

0

Purchase of trading securities

-

-

-

-

-

-

-

-

-

-

-

13

18

Proceeds from sale of trading securities

-

-

-

-

-

-

-

-

-

-

-

30

23

Purchase of equity trading securities sold, not yet purchased

-

-

-

-

-

-

-

-

-

-

-

22

13

Proceeds from equity trading securities sold, not yet purchased

-

-

-

-

-

-

-

-

-

-

-

21

21

Receivable from prime broker

-

-

-

-

-

-

-

-3

-

-

-13

16

-

Interest payable

-94

295

89

6

-28

34

-25

47

23

26

-110

-57

173

Other liabilities

31

-185

48

43

2

0

3

3

-1

-1

1

-28

17

Net cash provided by (used in) operating activities

-1,199

2,622

1,632

1,580

-3,643

6,128

-12,892

7,639

2,420

10,863

10,817

1,109

525

Cash flows from investing activities
Payments on purchases of securities

62,794

44,624

40,287

25,529

19,703

38,626

39,071

86,161

69,065

54,424

25,911

-

-

Proceeds from sales of securities

25,513

33,256

13,402

12,488

24,801

22,654

54,328

30,542

19,337

9,262

4,029

15,491

4,847

Purchase of Mortgage-Backed Securities

-

-

-

-

-

-

-

-

-

-

-

25,281

32,832

Principal payments on securities

17,156

11,365

12,016

12,470

9,926

-

-

-

-

-

-

-

-

Payments of purchases of loans

2,647

1,286

928

65

0

-

-

-

-

-

-

-

-

Principal payments on Agency mortgage-backed securities

-

-

-

-

-

8,312

21,748

35,133

23,565

28,961

13,796

8,619

6,831

Payments on purchases of MSRs

0

0

11

174

0

-

-

-

-

-

-

-

-

Proceeds from sales of MSRs

0

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from Agency debentures called

-

-

-

-

-

-

2,147

1,801

1,124

2,132

602

-

-

Proceeds from sale of investment in affiliate

-

-

-

-

126

-

-

-

-

-

-

-

-

Payments on purchases of corporate debt

890

1,241

693

399

397

136

-

81

31

21

-

-

-

Proceeds from corporate debt called

-

-

-

-

-

-

24

67

-

-

-

-

-

Proceeds from sales of loans

265

0

0

117

76

88

-

4

1

-

-

-

-

Principal payments on loans

368

378

462

-

-

-

-

-

-

-

-

-

-

Purchases of commercial real estate debt investments

-

-

-

-

411

-

-

-

-

-

-

-

-

Sales of commercial real estate debt investments

-

-

-

-

41

-

-

-

-

-

-

-

-

Purchase of Agency debentures

-

-

-

-

-

-

-

-

-

-

-

500

256

Purchases of securitized loans at fair value

-

-

-

-

2,574

-

-

-

-

-

-

-

-

Investments in real estate

1,299

815

504

1,918

4

246

984

-

-

-

-

-

-

Proceeds from sales of real estate

193

150

11

39

227

-

-

-

-

-

-

-

-

Principal repayments on commercial real estate investments

1,968

1,504

1,669

916

10

-

-

-

-

-

-

-

-

Principal payments on securitized loans at fair value

-

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from sales of commercial real estate held for sale

-

-

-

-

-

26

20

-

-

-

-

-

-

Principal payments on commercial real estate investments

-

-

-

-

444

316

114

-

-

-

-

-

-

Proceeds from sales of real estate

24

-

0

-

-

-

-

-

-

-

-

-

-

Payments on purchases of residential mortgage loans

-

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from repayments from residential mortgage loans

-

-

-

-

0

-

-

-

-

-

-

-

-

Payments on purchases of corporate debt held for sale

-

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from sales of corporate debt held for sale

-

-

-

-

0

-

-

-

-

-

-

-

-

Net realized gain on trading investments

-

-

-

-

-

-

-

-

-

-

-

12

4

Unrealized (gains) losses on equity securities

-

-

-

-

-

-

-

-

-0

-

-

-2

11

Reduction of net assets in the fund

-

-

-

-

-

-

-

-

-

-

-

28

-

Proceeds from repurchase agreements of RCap

-

-

-

-

2,029,822

881,680

1,453,216

733,739

877,734

1,268,429

301,505

-

-

Payments on repurchase agreements of RCap

-

-

-

-

2,034,322

875,782

1,471,279

727,275

878,806

1,258,941

291,820

-

-

Proceeds from reverse repurchase agreements

98,339

85,318

67,675

60,990

52,950

107,898

450,898

402,606

-

4,291

10,355

-

-

Payments on reverse repurchase agreements

97,689

85,030

67,675

60,990

52,850

107,898

449,187

403,556

-

4,032

10,051

-562

-

Purchases of investments in real estate

-

-

-

-

274

190

-

-

-

-

-

-

-

Investments in unconsolidated joint ventures

-

-

-

-

69

-

-

-

-

-

-

-

-

Distributions in excess of cumulative earnings from unconsolidated joint ventures

3

26

7

4

0

-

-

-

-

-

-

-

-

Proceeds from repayments of residential mortgage loans held for investment

845

347

185

18

0

-

-

-

-

-

-

-

-

Earn out payment

-

-

-

-

-

-

-

13

-

14

-

-

-

Proceeds from derivatives

-

-

-

-

-

-

7

10

13

-

-

-

-

Purchase of investment in affiliate

-

-

-

-

-

-

-

-

57

-

157

-

-

Purchase of customer relationships

-

-

-

-

-

-

-

-

3

-

-

-

-

Payments on purchases of equity securities

0

0

2

88

102

-

-

-

3

-

-

-

-

Proceeds from sale of equity securities

-

-

-

16

28

-

-

4

-

-

-

-

-

Cash paid related to asset acquisition, net of cash acquired

0

258

0

-41

-

-

724

-

-

-

-

-

-

Cash acquired in business combinations

-

-

-

-

0

-

-

-

-

-

-

-

-

Net payment from disposal of subsidiary

0

0

5

0

0

-

16

-

-

-

-

-

-

Investment to purchase subsidiary

-

-

-

-

-

-

-

-

-

-

-

12

-

Net cash provided by (used in) investing activities

-20,641

-908

-14,665

-2,062

12,145

-7,802

37,548

-18,693

-25,119

-13,845

-7,338

-2,271

-21,463

Payment on disposal of subsidiary

-

-

-

-

-

-

-

0

-

-

-

-

-

Investment in affiliates

-

-

-

-

-

-

-

-

-

-

-

26

54

Cash flows from financing activities
Proceeds from repurchase agreements and other secured financing

5,470,733

5,117,155

3,606,915

2,452,599

202,273

195,370

381,641

352,497

273,023

224,789

327,758

434,042

393,750

Payments on repurchase agreements and other secured financing

5,449,836

5,116,952

3,594,482

2,452,037

212,904

191,687

404,583

340,273

253,387

223,342

329,520

433,414

375,218

Net proceeds from issuance of 5% Convertible Senior Notes offering

-

-

-

-

-

-

-

727

-

-

-

-

-

Payments on maturity of convertible senior notes

-

-

-

-

857

-

-

617

-

-

-

-

-

Proceeds from other secured financing

-

-

-

-

2,554

-

-

-

-

-

-

-

-

Payments on other secured financing

-

-

-

-

-709

-

-

-

-

-

-

-

-

Proceeds from issuances of securitized debt

3,444

920

0

1,381

2,382

260

-

-

-

-

-

-

-

Principal payments on securitized debt

2,031

1,384

1,022

343

86

-

-

-

-

-

-

-

-

Principal repayments on securitized loans

-

-

-

-

0

-

-

-

-

-

-

-

-

Payment of deferred financing cost

12

1

2

3

2

6

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

2

8

8

4

4

2

0

Proceeds from termination of interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

2

Net proceeds from direct purchases and dividend reinvestments

-

-

-

-

2

2

2

2

455

278

141

93

116

Net proceeds from stock offerings, direct purchases and dividend reinvestments

1,829

1,532

2,347

2

0

-

-

-

-

-

-

-

-

Proceeds from mortgages payable

-

-

-

-

192

127

-

-

-

-

-

-

-

Net (payments) proceeds from follow-on offerings

-

-

-

-

-

-

-

-0

5,351

1,047

-

2,147

-

Principal payments on participation sold

0

0

12

0

0

0

0

-

-

-

-

-

-

Principal payments on mortgages payable

26

0

2

23

0

0

-

-

-

-

-

-

-

Net proceeds from follow-on offerings

-

-

-

-

-

-

-

-

-

-

-

-

2,485

Net proceeds from ATM programs

-

-

-

-

-

-

-

-

-

-

-

71

80

Net contributions (distributions) from (to) noncontrolling interests

-1

-0

-1

-1

-

-

-

-

-

-

-

-1

-3

Net proceeds from issuances of preferred stock

-

-

-

-

0

-

-

-

-

-

-

-

-

Redemptions of preferred stock

230

412

185

0

0

-

-

-

-

-

-

-

-

Contributions from noncontrolling interests

-

-

-

-

6

5

-

-

-

-

-

-

-

Distributions to noncontrolling interests

-

-

-

-

0

-

-

-

-

-

-

-

-

Net payments on share repurchases

223

0

0

102

114

-

141

255

-

-

-

-

-

Dividends paid

1,689

1,540

1,353

1,220

1,209

1,208

1,640

2,149

2,041

1,599

1,269

975

263

Net cash provided by (used in) financing activities

21,956

-684

12,200

251

-8,473

2,863

-24,718

10,675

23,411

1,760

-2,884

1,967

20,950

Net (decrease) increase in cash and cash equivalents

114

1,029

-833

-229

28

1,188

-63

-378

711

-1,221

595

805

12

Supplemental disclosure of cash flow information
Interest received

4,811

3,894

3,447

2,968

2,965

3,307

4,035

4,718

4,309

3,322

3,146

-

-

Dividends received

8

7

5

2

12

25

21

29

31

30

10

-

-

Fees received

-

-

-

4

0

-

-

-

-

-

-

-

-

Investment advisory income received

-

-

-

-

35

27

54

84

75

54

42

-

-

Interest paid (excluding interest paid on interest rate swaps)

2,902

1,726

987

624

427

496

656

595

455

411

700

-

-

Net interest paid on interest rate swaps

-323

-1

369

536

612

812

885

892

876

725

705

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

1,946

1,752

Taxes received (paid)

2

-0

-1

0

1

8

10

52

61

36

42

18

10

Noncash investing activities
Receivable for unsettled trades

-

-

-

-

-

-

-

-

-

-

-

-

276

Net change in unrealized gains (losses) on available-for-sale securities, net of reclassification adjustment

4,118

-853

-40

-708

-582

2,953

-5,802

44

1,844

-726

1,639

404

-76

Reclassification of loans held for sale to investments in commercial real estate

-

-

-

-

18

-

-

-

-

-

-

-

-

Residential mortgage loans acquired through consolidation of VIEs

-

-

-

-

0

-

-

-

-

-

-

-

-

Noncash financing activities
Securitized debt assumed through consolidation of VIEs

874

0

315

0

0

-

-

-

-

-

-

-

-

Conversion of Series B cumulative preferred stock

-

-

-

-

-

-

-

32

7

23

32

15

-

Contingent beneficial conversion feature on 4% Convertible Senior Notes

-

-

-

-

-

-

-

61

60

-

-

-

-

Equity component of 5% Convertible Senior Notes

-

-

-

-

-

-

-

11

-

-

-

-

-