| Cash Flow for 21st Century Holding Company
(TCHC)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Net Income |
(2,478) |
21,280 |
13,896 |
11,081 |
(10,858) |
| Provision for Loan Loss |
- |
- |
- |
- |
- |
| Depreciation & Amortization |
67 |
(43) |
45 |
223 |
299 |
| Deferred Income Taxes |
(2,890) |
(2,030) |
(906) |
952 |
(626) |
| Change in Assets (Receivables) |
9,355 |
5,889 |
122,077 |
(119,542) |
(10,530) |
| Change in Liabilities (Payables) |
(12,496) |
(3,189) |
(100,903) |
119,353 |
53,376 |
| Investment Securities Gain |
- |
- |
- |
- |
- |
| Net Policy Acquisition Cost |
2,400 |
2,195 |
(1,970) |
(2,226) |
(5,217) |
| Realized Investment Gains |
(10,593) |
(188) |
(1,881) |
513 |
744 |
| Net Premiums Receivables |
287 |
3,203 |
386 |
(1,229) |
992 |
| Change in Income Taxes |
(6,501) |
5,013 |
(3,807) |
10,935 |
(7,091) |
| Other Non-Cash Items |
520 |
705 |
579 |
(679) |
(2,512) |
| Net Cash from Operating Activities |
(22,330) |
32,834 |
27,517 |
19,381 |
18,578 |
|
|
| Proceeds from Sale/Mat. Inv. |
156,674 |
195,812 |
271,265 |
122,532 |
81,246 |
| Purchase of Investment Securities |
(27,870) |
(214,733) |
(296,209) |
(139,505) |
(119,153) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
- |
| Purchase of Property & Equipment |
(99) |
(67) |
5,207 |
(182) |
(719) |
| Acquisitions |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
- |
- |
- |
1,689 |
7,745 |
| Net Cash from Investing Activities |
128,705 |
(18,988) |
(19,736) |
(15,466) |
(30,882) |
|
| Net Change in Deposits |
- |
- |
- |
- |
- |
| Cash Dividends paid |
(5,697) |
(5,758) |
(4,290) |
(2,339) |
(1,880) |
| Repayment of Long Term Debt |
- |
(2,083) |
(4,562) |
(6,952) |
(1,950) |
| Change in Short Term Debt |
- |
- |
- |
- |
- |
| Issuance of Long term Debt |
- |
- |
- |
- |
12,500 |
| Issuance of Preferred Stock |
- |
- |
- |
- |
- |
| Issuance of Common Stock |
1,337 |
2,212 |
13,269 |
5,319 |
3,003 |
| Purchase of Treasury Stock |
(144) |
(3,823) |
(2,001) |
- |
(12) |
| Other Financing Activities |
182 |
214 |
1,648 |
- |
- |
| Cash from Financing Activities |
(4,322) |
(9,239) |
4,064 |
(3,972) |
11,662 |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
102,053 |
4,608 |
11,845 |
(56) |
(642) |
|
| Cash at Beginning of Period |
22,524 |
17,917 |
6,071 |
6,128 |
6,770 |
| Cash at End of Period |
124,577 |
22,524 |
17,917 |
6,071 |
6,128 |
|
|
|
