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Investor Presentaiton

AMERCO. Capital Expenditures/Free Cash Flow 1Q11 1Q10 $ 166,899 $ 103,674 38,088 141,762 ($106,400) ($115,900) 47,225 214,124 (10,400) (8,000) (11,000) (16,200) (4,900) (14,426) (9,730) ($155,426) ($141,530) (3,241) (3,241) $ 55,457 $ (3,009) Moving and Storage Segment (in thousands) Cash provided by operations Proceeds from sales Total cash generated Trucks/trailers produced Equipment lease buy-outs Construction/repair/renovation Other real estate/purchases Other items Cash used for investment Preferred stock dividends Free cash flow FY10 FY09 FY08 $ 366,222 $ 272,475 $ 324,393 142,869 128,188 165,995 509,091 400,663 490,388 ($218,000) ($516,600) ($520,400) (18,200) (36,700) (61,100) (36,200) (53,000) (53,500) (9,400) (28,200) (11,000) (69,905) (61,042) (54,829) ($351,705) ($695,542) ($700,829) (12,963) (12,963) (12,963) $ 144,423 $ (307,842) $ (223,404) 16
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