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## CITIZENS, INC. AND CONSOLIDATED SUBSIDIARIES Consolidated Statements of Cash Flows, Continued 

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## SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES: 

During 2019, 2018 and 2017, various fixed maturity issuers exchanged securities with book values of $16.8 million, $2.5 million and $4.8 million, respectively, for securities of equal value. 

See accompanying Notes to Consolidated Financial Statements. 

