|
Cash Flow for
HARLEYSVILLE GROUP INC
(HGIC)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
22,612 |
66,898 |
86,296 |
42,319 |
100,054 |
| Depreciation |
N/A |
N/A |
N/A |
N/A |
N/A |
| Amortization |
N/A |
N/A |
N/A |
N/A |
N/A |
| Amortization of Intagibles |
N/A |
N/A |
N/A |
N/A |
N/A |
| Deferred Income Taxes |
2,820 |
2,200 |
4,566 |
(9,892) |
11,013 |
| Operating Gains/Losses |
N/A |
N/A |
N/A |
N/A |
N/A |
| Extraordinary Gains/Losses |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Receivables |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Inventories |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Prepaid Expenses |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Other Current Assets |
- |
- |
(20,006) |
(54,861) |
5,307 |
| Increase in Payables |
N/A |
N/A |
N/A |
N/A |
N/A |
| Increase in Other Current Liabilities |
- |
- |
- |
67,376 |
53,045 |
| Decrease in Other Working Capital |
N/A |
N/A |
N/A |
N/A |
N/A |
| Other Non-Cash Items |
(102,807) |
29,142 |
34,573 |
152,086 |
2,107 |
| Net Cash from Continuing Operations |
N/A |
N/A |
N/A |
N/A |
N/A |
| Net Cash from Discontinued Operations |
N/A |
N/A |
N/A |
N/A |
N/A |
| Cash from Operating Activities |
(77,375) |
98,240 |
105,429 |
197,028 |
171,526 |
|
|
| Sale of Property, Plant, Equipment |
N/A |
N/A |
N/A |
N/A |
N/A |
| Sale of Long Term Investments |
N/A |
N/A |
N/A |
N/A |
N/A |
| Sale of Short Term Investments |
638,011 |
391,591 |
456,431 |
502,132 |
248,142 |
| Purchase of Property, Plant, Equipment |
(234) |
(602) |
(2,025) |
(100) |
4,659 |
| Acquisitions |
- |
(4,825) |
- |
- |
- |
| Purchase of Long Term Investments |
N/A |
N/A |
N/A |
N/A |
N/A |
| Purchase of Short Term Investments |
(533,289) |
(388,940) |
(507,669) |
(582,893) |
(345,464) |
| Other Investment Changes, Net |
- |
- |
- |
- |
- |
| Cash from Investing Activities |
104,488 |
(2,776) |
(53,263) |
(80,861) |
(92,663) |
| Cash from Discontinued Investing Activities |
N/A |
N/A |
N/A |
N/A |
N/A |
|
| Issuance of Debt |
- |
- |
- |
- |
- |
| Issuance of Capital Stock |
5,336 |
8,973 |
7,382 |
9,649 |
9,427 |
| Repayment of Debt |
- |
- |
- |
- |
- |
| Repurchase of Capital Stock |
(5,307) |
(30,940) |
(25,290) |
(97,318) |
(63,286) |
| Payment of Cash Dividends |
(29,253) |
(74,597) |
(34,849) |
(31,878) |
(27,316) |
| Other Financing Charges, Net |
2,108 |
1,013 |
571 |
3,114 |
2,497 |
| Cash from Financing Activities |
(27,116) |
(95,551) |
(52,186) |
(116,433) |
(78,678) |
| Cash from Discontinued Financing Activities |
N/A |
N/A |
N/A |
N/A |
N/A |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash |
(3) |
(87) |
(20) |
(266) |
185 |
|
| Cash at Beginning of Year |
39 |
126 |
146 |
412 |
227 |
| Cash at End of Period |
36 |
39 |
126 |
146 |
412 |
| Foreign Sales |
N/A |
N/A |
N/A |
N/A |
N/A |
| Domestic Sales |
N/A |
N/A |
N/A |
N/A |
N/A |
|
|
|