Starwood Property Trust, Inc. STWD Cash Flow

Starwood property trust, inc. (STWD)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows from Operating Activities:
Net (loss) income
394	536	458	398	382	411	405	408	414	412	441	454	443	367	341	352	358	452	447	497	500	500	504	426	367	310	272	233	216	203	186	150	139	120	0	0	0
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Amortization of deferred financing costs, premiums and discounts on secured borrowings
36	36	35	33	31	27	23	21	19	19	18	17	16	16	15	15	15	14	13	12	11	10	11	10	9	9	8	8	7	5	5	4	4	3	0	0	0
Amortization of discounts and deferred financing costs on unsecured senior notes
7	7	7	8	9	11	13	16	19	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-44	-43	-44	-43	-26	0	0	0
Amortization of discounts and deferred financing costs on senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	20	18	17	14	12	12	10	8	5	2	0	-1	-0	-0	-0	-0	0	0	0
Accretion of net discount on investment securities
11	11	13	13	11	15	15	16	17	15	16	17	17	16	16	15	17	24	28	29	28	25	23	25	28	30	32	36	37	33	30	25	20	18	0	0	0
Accretion of net deferred loan fees and discounts
39	35	33	33	33	38	41	43	43	39	36	41	47	48	102	78	55	36	11	13	12	21	-34	-40	-38	-44	0	0	0	-	-	-	-	-	-	-	-
Amortization of net discount from secured borrowings on transferred loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-1	-1	-2	-1	0	0	0	-	-	-	-	-	-	-	-
Share-based compensation
38	36	32	25	24	22	21	20	19	18	23	26	28	32	28	28	31	32	33	31	28	28	24	22	18	16	16	16	17	16	15	14	13	13	0	0	0
Share-based component of incentive fees
10	11	13	15	20	20	23	23	21	19	17	16	16	17	17	17	18	17	16	16	17	11	11	9	5	2	0	0	0	-	-	-	-	-	-	-	-
Change in fair value of investment securities
3	0	3	3	10	10	8	7	-2	-3	-4	-7	-3	-1	-1	4	4	3	3	2	6	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of consolidated VIEs
-12	67	38	10	6	17	22	45	60	69	72	59	45	-28	-70	-87	-105	-45	-35	23	36	52	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of servicing rights
-3	-3	-3	-3	-5	-10	-12	-15	-21	-24	0	0	0	-	-	-	-7	-12	6	10	13	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of loans
44	71	79	51	43	40	48	63	64	66	49	80	77	74	83	52	50	64	73	69	70	70	0	0	0	-	-	-	-	-5	1	-8	-3	5	0	0	0
Gain on sale of available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	12	3	4	10	0	0	0
Gain on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	7	12	15	10	0	0	0
Gain on foreign currency remeasurement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	0	0	0	-	-	-	-
Change in fair value of derivatives
-0	-11	22	12	45	30	18	-15	-83	-68	16	38	95	75	12	17	-21	28	22	49	58	24	4	-48	-31	-7	0	0	0	-	-	-	-	-	-	-	-
Foreign currency loss (gain), net
-22	17	-22	-10	-17	-9	1	16	42	33	14	1	-28	-33	-30	-44	-7	-37	-40	-44	-61	-29	-8	21	19	10	7	5	0	6	0	-16	-11	-6	0	0	0
Unrealized gains on interest rate hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	9	3	-3	-11	0	0	0
Unrealized (gains) losses on currency hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17	-10	6	1	5	0	0	0
Unrealized gains on credit hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Gain on sale of investments and other assets
183	188	61	41	52	59	29	39	31	20	18	6	1	1	2	5	5	22	20	18	28	13	30	37	27	40	0	0	0	-	-	-	-	0	0	0	0
Impairment charges on properties and related intangibles
-	1	1	2	1	1	1	0	0	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other-than-temporary impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	3	4	6	6	6	6	0	0	0
Credit loss provision, net
55	7	10	11	34	34	25	24	-3	-5	-2	-0	4	3	3	-1	-1	-0	0	4	1	2	1	1	2	1	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
108	113	115	120	128	130	127	116	101	90	77	69	66	61	60	52	40	27	19	15	14	16	20	22	19	14	0	0	0	-	-	-	-	-	-	-	-
(Earnings) loss from unconsolidated entities
-58	-101	-27	-27	-31	10	9	2	26	30	36	45	20	21	60	50	36	26	-27	-25	-25	-19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of earnings from unconsolidated entities
7	11	10	9	6	5	67	67	67	67	9	14	16	19	19	18	21	23	24	23	21	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-16	-19	0	0	0	-	-	-	-	-5	0	0	0	-	-	-	-	-5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Origination and purchase of loans held-for-sale, net of principal collections
3,445	3,543	3,268	2,891	2,579	2,105	2,098	2,022	1,998	2,199	1,971	2,172	1,914	1,669	1,609	1,447	1,635	1,848	2,050	2,092	1,936	1,785	0	0	0	-	-	-	-	-	-	-	-	270	0	0	0
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	-9	8	-5	0	0	0
Proceeds from sale of loans held-for-sale
3,367	3,177	2,778	2,693	2,542	2,246	1,837	1,593	1,669	1,582	1,748	1,879	1,806	1,884	1,779	1,541	1,875	2,100	1,948	2,037	1,850	1,670	0	0	0	-	-	-	-	132	131	286	369	294	0	0	0
Changes in operating assets and liabilities:
Related-party payable, net
15	-3	-0	-4	-7	1	-4	2	5	4	6	2	2	-3	0	-4	-3	0	-2	0	-1	22	-2	0	18	15	14	12	-2	-6	4	3	6	3	0	0	0
Accrued and capitalized interest receivable, less purchased interest
123	114	96	80	75	62	68	91	83	94	80	74	72	76	75	74	71	65	71	65	72	52	53	46	31	32	14	10	7	11	8	13	10	10	0	0	0
Other assets
43	29	72	-4	12	-8	55	47	39	35	5	-3	-1	-12	-7	10	20	28	21	-0	-23	-1	-19	-13	7	-18	13	6	5	0	3	4	1	15	0	0	0
Accounts payable, accrued expenses and other liabilities
10	-5	-0	12	33	25	8	20	5	22	34	25	9	-6	-12	-45	-41	-34	-19	-28	-41	-40	-47	-24	-23	35	36	33	39	3	3	-1	-0	-0	0	0	0
Purchase of mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	626	596	595	417	208	0	0	0
Net cash provided by (used in) operating activities
270	-13	-158	250	400	585	150	-49	41	-246	133	63	229	556	547	459	622	605	243	285	230	220	388	361	345	326	208	270	176	265	239	362	299	79	0	0	0
Cash Flows from Investing Activities:
Proceeds from sale of mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	261	203	3	194	287	0	0	0
Proceeds from mortgage-backed securities maturities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	0	0	0
Mortgage-backed securities principal paydowns
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89	86	79	99	113	0	0	0
Origination and purchase of loans held-for-investment
5,439	5,473	3,921	4,076	4,814	4,428	4,534	4,410	3,514	3,234	3,426	3,046	2,964	2,815	2,273	2,100	2,182	2,360	2,580	3,013	2,955	3,034	3,128	3,289	3,262	2,663	2,468	1,961	1,664	1,753	1,482	1,080	1,484	1,558	0	0	0
Proceeds from principal collections on loans
3,388	3,132	3,144	2,559	2,743	3,057	3,117	3,534	3,206	2,562	2,150	2,343	2,701	2,667	2,682	2,047	1,459	1,552	1,284	1,304	1,162	1,192	1,341	1,216	992	769	0	0	0	-	-	-	-	-	-	-	-
Proceeds from loans sold
680	1,141	1,038	1,484	1,190	835	758	210	160	52	183	298	322	382	274	379	649	637	760	678	440	501	407	540	537	435	0	0	0	-	-	-	-	-	-	-	-
Purchase and funding of investment securities
0	-	-	-	-	-	-	-	-	-	-	-	-	360	378	385	199	182	285	283	246	189	464	473	452	479	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sales of investment securities
12	7	0	0	0	-	-	-	-	11	0	0	0	-	-	-	-	6	6	55	76	100	120	277	471	463	0	0	0	-	-	-	-	-	-	-	-
Proceeds from principal collections on investment securities
211	205	146	134	171	382	378	468	375	232	248	147	162	108	150	228	439	428	361	282	57	54	54	49	56	70	0	0	0	-	-	-	-	-	-	-	-
Deposit on property acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate business combinations, net of cash and restricted cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	849	0	0	0	-	-	-	-	-	-	-	-	586	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sales of real estate
-	343	258	217	262	311	0	0	0	-	-	-	-	-	-	-	-	35	33	33	33	1	8	11	12	13	0	0	0	-	-	-	-	-	-	-	-
Purchases and additions to properties and other assets
29	30	33	28	56	54	53	585	578	573	570	35	15	15	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in unconsolidated entities
20	18	0	0	0	-	-	-	-	-	-	-	-	11	4	4	4	32	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution of capital from unconsolidated entities
17	18	12	10	1	21	31	32	32	14	4	17	18	15	16	9	20	30	52	53	55	62	42	35	24	6	3	1	0	0	0	0	0	-	-	-	-
Proceeds from sale of treasury securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112	0	0	0
Cash deposited as collateral under treasury securities loan agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-112	0	0	0
Payments for purchase or termination of derivatives
106	42	47	32	17	29	17	18	23	40	44	52	47	27	33	28	33	27	22	19	14	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from termination of derivatives
46	38	17	15	9	20	23	22	25	31	71	81	95	85	44	39	37	36	30	28	12	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	0
Return of investment basis in purchased derivative asset
-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	0	0	0	-	-	-	0	-	-	-	-
(Increase) decrease in restricted cash, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-24	-7	-2	-46	-18	-20	17	0	0	0	-	-	-	-	-	-	-	-
Spin-off of Starwood Waypoint Residential Trust
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loan maturities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	615	0	0	0	-	-	-	-
Proceeds from sale of loans and participations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	344	0	0	0	-	-	-	-
Loan investment repayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	47	32	27	26	0	0	0
Purchased interest on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	1	2	2	0	0	0
Investments in other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	30	30	28	37	0	0	0
Acquisition and improvement of single family homes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	245	441	589	642	0	0	0	-	-	-	-	-	-	-	-
Purchase of non-performing loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	186	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of non-performing loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-1,000	-775	289	-2,327	-3,145	-2,520	-2,540	-775	-354	-1,036	-2,187	-982	-762	-800	68	-371	-417	-420	-809	-1,166	-1,638	-1,714	-2,050	-2,289	-2,948	-2,827	-2,126	-1,949	-1,152	-1,188	-1,189	-881	-1,066	-1,002	0	0	0
Cash Flows from Financing Activities:
Proceeds from borrowings
10,613	10,167	8,651	9,682	10,208	9,412	9,028	7,141	6,583	6,273	6,955	6,098	6,238	6,024	0	0	0	-	-	-	-	-	-	-	-	-	-	-	1,741	1,777	1,957	1,623	1,664	1,604	0	0	0
Proceeds from issuance of convertible senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,037	0	0	0	-	-	-	-	-	-	-	-
Borrowings under financing agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,248	5,399	5,065	4,742	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments on and repurchases of borrowings
8,816	8,671	8,029	6,629	6,509	6,360	5,742	5,406	5,258	4,586	4,851	5,145	5,597	5,266	4,184	3,600	4,114	4,335	4,250	4,355	3,610	3,419	3,221	3,744	3,916	3,884	3,534	2,389	2,023	1,575	1,252	1,284	1,159	1,080	0	0	0
Payment of deferred financing costs
71	72	49	65	61	67	68	34	27	22	36	39	37	37	25	21	26	21	18	15	10	16	24	25	33	26	13	13	6	8	10	7	6	4	0	0	0
Proceeds from common stock issuances
0	0	0	0	0	0	0	0	0	0	449	449	449	449	0	0	326	326	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of equity offering costs
0	0	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends
541	538	534	525	516	509	503	503	502	501	490	479	468	458	458	459	453	446	440	432	419	401	383	352	317	300	262	237	218	186	176	166	155	142	0	0	0
Contributions from non-controlling interests
192	183	9	9	13	13	0	0	0	-	-	-	-	11	0	0	0	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	-	-	-
Distributions to non-controlling interests
109	49	50	49	33	256	335	329	323	96	9	8	8	6	6	3	2	2	1	1	2	33	33	33	35	48	71	71	68	24	0	0	8	9	0	0	0
Purchase of treasury stock
0	-	-	-	-	12	0	0	0	-	-	-	-	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of debt of consolidated VIEs
175	184	225	194	128	102	40	23	28	25	46	45	39	35	0	2	2	9	10	25	50	89	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of debt of consolidated VIEs
357	373	402	403	406	410	211	156	137	137	172	214	284	283	420	490	468	463	252	156	134	136	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of cash from consolidated VIEs
58	45	54	54	90	92	105	112	75	92	79	73	80	57	48	43	38	34	21	28	28	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,116	876	-124	2,268	2,912	2,004	2,310	843	426	1,047	1,970	779	416	505	-481	-134	-233	-93	617	818	1,553	1,437	1,454	2,078	2,655	2,640	2,309	1,853	1,017	986	1,009	615	776	809	0	0	0
Net increase in cash, cash equivalents and restricted cash
385	87	6	190	167	69	-79	18	113	-235	-84	-139	-117	261	133	-46	-28	92	51	-62	145	-56	-206	149	52	138	391	173	40	63	59	96	9	-112	0	0	0
Effect of exchange rate changes on cash
-0	-1	-1	0	-0	0	0	1	3	3	-0	-0	-3	-2	-1	-2	2	-4	-6	-9	-11	-5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information:
Cash paid for interest
461	481	463	442	391	337	314	284	275	250	216	206	185	185	179	171	162	160	148	147	135	131	134	121	113	79	62	41	39	42	40	33	30	25	0	0	0
Income taxes paid
11	11	11	12	10	10	21	23	21	20	14	10	9	9	4	13	27	29	42	37	34	34	37	55	45	43	0	0	0	-	-	-	-	1	0	0	0
Supplemental disclosure of non-cash investing and financing activities:
Consolidation of VIEs (VIE asset/liability additions)
9,566	10,368	12,550	12,174	12,075	9,885	5,271	4,612	3,887	3,925	4,263	5,567	7,314	21,289	23,101	23,243	22,740	12,050	10,336	11,029	13,540	29,363	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deconsolidation of VIEs (VIE asset/liability reductions)
-	377	595	930	820	1,649	1,631	1,393	1,827	2,480	2,557	2,699	4,654	5,717	7,950	9,470	10,398	7,825	6,167	6,835	8,120	9,392	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unsettled trades and loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Reclassification of residential loans held-for-investment to held-for-sale
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net assets acquired from consolidated VIEs
-	-	-	-	-	27	0	0	0	-	-	-	-	181	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of assets acquired, net of cash and restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	1,043	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	184	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net assets distributed in spin-off of Starwood Waypoint Residential Trust
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,008	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Contribution of Woodstar II Portfolio net assets from non-controlling interests
-	-	-	-	-	416	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan principal collections temporarily held at master servicer
0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of Class A Units for common stock
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of 2019 Convertible Notes in shares
-	75	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of loans transferred as secured borrowings
-	74	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net assets acquired through foreclosure
-	53	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsettled infrastructure loan sales
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-