The effect of recording the correction of the immaterial errors in the consolidated statement of cash flows is presented below for the years ended May 31:
|
|
|
2012 |
| |||||||
|
(dollar amounts in thousands) |
|
As Filed |
|
Adjustment |
|
Corrected |
| |||
|
Other |
|
$ |
(3,956 |
) |
$ |
25,000 |
|
$ |
21,044 |
|
|
Net cash provided by operating activities |
|
119,070 |
|
25,000 |
|
144,070 |
| |||
|
|
|
|
|
|
|
|
| |||
|
Advances made on loans |
|
(6,411,857 |
) |
167,156 |
|
(6,244,701 |
) | |||
|
Net proceeds from sale of loans |
|
192,156 |
|
(192,156 |
) |
— |
| |||
|
Net cash provided by investing activities |
|
406,276 |
|
(25,000 |
) |
381,276 |
| |||
|
|
|
|
|
|
|
|
| |||
|
(Repayments of) proceeds from issuances of short-term debt, net |
|
(73,806 |
) |
148,527 |
|
74,721 |
| |||
|
Proceeds from issuances of short term debt with original maturity greater than 90 days |
|
— |
|
411,750 |
|
411,750 |
| |||
|
Repayments of short term debt with original maturity greater than 90 days |
|
— |
|
(560,277 |
) |
(560,277 |
) | |||
|
|
|
2011 |
| |||||||
|
(dollar amounts in thousands) |
|
As Filed |
|
Adjustment |
|
Corrected |
| |||
|
Advances made on loans |
|
$ |
(7,764,118 |
) |
$ |
326,707 |
|
$ |
(7,437,411 |
) |
|
Net proceeds from sale of loans |
|
326,707 |
|
(326,707 |
) |
— |
| |||
|
Proceeds from issuances of short-term debt, net |
|
1,026,140 |
|
(134,160 |
) |
891,980 |
| |||
|
Proceeds from issuances of short term debt with original maturity greater than 90 days |
|
— |
|
607,283 |
|
607,283 |
| |||
|
Repayments of short term debt with original maturity greater than 90 days |
|
— |
|
(473,123 |
) |
(473,123 |
) | |||