Year Ended December 31 (In Thousands) 2002 2001 2000 Operating Activities: Net Income $ 899,644 $ 641,965 $ 469,634  Adjustments to reconcile net income to cash  provided by operating activities: Provision for loan losses 2,149,328 1,120,457 812,861  Depreciation and amortization 374,613 332,264  245,171  (Accretion) amortization of securities available for sale  (250,541) 5,298  (348)  Gain on sales of securities available for sale (77,515) (13,495) - Gain on repurchase of senior notes (26,969) - - Stockplan compensation expense 27,749 (11,134) 17,976  Increase in interest receivable (112,053) (20,087) (18,038) Increase in accounts receivable from securitizations ( 645,775) (1,266,268) (468,205) Increase in other assets (857,116) (323,758) (16,513) Increase in interest payable 47,921 55,060  6,253  Increase in other liabilities 746,501 864,573  489,001 Net cash provided by operating activities 2,275,787 1,384,875  1,537,792  Investing Activities: Purchases of securities available for sale (5,748,073) (4,268,527) (407,572) Proceeds from maturities of securities available for sale 1,589,449 1,481,390  172,889  Proceeds from sales of securities available for sale 3,255,488 1,370,466  432,203  Proceeds from securitizations of consumer loans 12,533,886 11,915,990  6,142,709  Net increase in consumer loans (21,008,535) (18,057,529) (12,145,055) Principal recoveries of loans previously charged off 231,157 196,093  145,090  Additions of premises and equipment, net (275,436) (326,594) (374,018) Net cash used in investing activities (9,422,064) (7,688,711) (6,033,754) Financing Activities: Net increase in interest-bearing deposits 4,486,997  4,459,943  4,595,216  Net increase in other borrowings 2,369,290 515,121  145,214  Issuances of senior notes 300,000 1,987,833  994,176  Maturities of senior notes (562,605) (706,916) (1,125,292) Repurchases of senior notes (203,453) - - Issuance of mandatory convertible securities 725,075 - - Dividends paid (23,457) (22,310) (20,824) Purchasesoftreasurystock - - (134,619) Net proceeds from issuances of common stock 232,321 477,892  21,076  Proceeds from exercise of stockoptions 33,649 62,804  11,225  Net cash provided by financing activities 7,357,817 6,774,367  4,486,172  Increase (decrease) in cash and cash equivalents 211,540 470,531  (9,790) Cash and cash equivalents at beginning of year 707,238 236,707  246,497  Cash and cash equivalents at end of year $ 918,778 $ 707,238 $ 236,707  See Notes to Consolidated Financial Statements. 51 Cons olidat ed Statements of Cash Flows