WELLS FARGO & COMPANY/MN | 2013 | FY | 3


Parent-Only Statement of Cash Flows  
            
       Year ended December 31,
(in millions)  2013  2012  2011
Cash flows from operating activities:     
  Net cash provided by operating activities$ 8,607  13,365  15,049
Cash flows from investing activities:      
Available-for-sale securities:      
 Sales proceeds  3,606  6,171  11,459
 Prepayments and maturities  12  30  -
 Purchases  (6,016)  (5,845)  (16,487)
Loans:       
 Net repayments from subsidiaries  655  9,191  1,318
 Capital notes and term loans made to subsidiaries  (6,700)  (1,850)  (1,340)
 Principal collected on notes/loans made to subsidiaries  1,472  2,462  5,779
Net increase in investment in subsidiaries  (1,188)  (5,218)  (610)
Other, net   461  (2)  230
  Net cash provided (used) by investing activities  (7,698)  4,939  349
Cash flows from financing activities:      
Net increase (decrease) in short-term borrowings and       
 indebtedness to subsidiaries  6,732  5,456  (242)
Long-term debt:      
 Proceeds from issuance  18,714  16,989  7,058
 Repayment  (13,096)  (18,693)  (31,198)
Preferred stock:      
 Proceeds from issuance   3,145  1,377  2,501
 Cash dividends paid   (1,017)  (892)  (844)
Common stock warrants repurchased  -  (1)  (2)
Common stock:      
 Proceeds from issuance   2,224  2,091  1,296
 Repurchased  (5,356)  (3,918)  (2,416)
 Cash dividends paid   (5,953)  (4,565)  (2,537)
Excess tax benefits related to stock option payments  271  226  79
Other, net   114  (14)  -
  Net cash provided (used) by financing activities  5,778  (1,944)  (26,305)
   Net change in cash and due from banks  6,687  16,360  (10,907)
Cash and due from banks at beginning of year  35,702  19,342  30,249
Cash and due from banks at end of year$ 42,389  35,702  19,342

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