Table of Contents CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES 2018 2017 2016 Cash flows from financing activities: Annuity deposits $ 7,265 9,346 8,673 Annuity withdrawals (7,323) (6,799) (6,184) Net cash provided by (used in) financing activities (58 ) 2,547 2,489 Net increase (decrease) in cash and cash equivalents (572) 10,554 (47,317) Cash and cash equivalents at beginning of year 46,064 35,510 82,827 Cash and cash equivalents at end of year $ 45,492 46,064 35,510 Supplemental Disclosure of Operating Activities: Cash paid during the year for income taxes $ 2,510 2,675 4,061 Supplemental Disclosure of Noncash Investing and Financing Activities: During 2018, 2017 and 2016 various fixed maturity issuers exchanged securities with book values of $2.5 million, $4.8 million and $1.1 million, respectively, for securities of equal value. See accompanying notes to consolidated financial statements. 75 Consolidated Statements of Cash Flows Years Ended December 31, Continued (In thousands)