|
Cash Flow for
United Fire Group Inc.
(UFCS)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
40,212 |
11 |
47,513 |
(10,441) |
(13,064) |
| Provision for Loan Loss |
- |
- |
- |
- |
- |
| Depreciation and Amortization |
23,162 |
5,583 |
2,872 |
3,533 |
3,616 |
| Deferred Income Taxes |
7,452 |
(6,288) |
977 |
(10,858) |
(11,414) |
| Change in Assets (Receivables) |
(2,507) |
(12,067) |
5,225 |
1,851 |
(16,520) |
| Change in Liabilities (Payables) |
14,950 |
3,422 |
(13,559) |
38,805 |
83,947 |
| Investment Securities Gain |
(5,050) |
(8,433) |
(9,074) |
10,687 |
- |
| Net Policy Acquisition Cost |
(3,467) |
11,709 |
2,340 |
2,804 |
7,017 |
| Realized Investment Gains |
- |
- |
- |
- |
10,383 |
| Net Premiums Receivables |
(12,713) |
(12,067) |
2,997 |
6,839 |
(13,236) |
| Change in Income Taxes |
- |
- |
- |
- |
(19,535) |
| Other Non-Cash Items |
1,764 |
13,467 |
31,925 |
57,189 |
12,710 |
| Net Cash from Operating Activities |
172,076 |
74,431 |
71,216 |
100,409 |
43,904 |
|
|
| Proceeds from Sale/Mat. Inv. |
27,843 |
609,995 |
482,532 |
399,550 |
504,750 |
| Purchase of Investment Securities |
(136,297) |
(598,519) |
(575,152) |
(519,064) |
(602,434) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
- |
| Purchase of Property & Equipment |
(2,886) |
(186,668) |
(2,091) |
(10,575) |
(9,571) |
| Acquisitions |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
- |
- |
- |
- |
- |
| Net Cash from Investing Activities |
(111,340) |
(175,192) |
(94,711) |
(130,089) |
(107,255) |
|
| Net Change in Deposits |
(15,629) |
50,962 |
34,642 |
128,397 |
210,939 |
| Cash Dividends paid |
(15,269) |
(15,507) |
(15,774) |
(15,951) |
(16,162) |
| Repayment of Long Term Debt |
(60,626) |
(82,900) |
- |
- |
- |
| Change in Short Term Debt |
(121,252) |
84,000 |
- |
- |
- |
| Issuance of Long term Debt |
- |
- |
- |
- |
- |
| Issuance of Preferred Stock |
- |
- |
- |
- |
- |
| Issuance of Common Stock |
1,106 |
208 |
98 |
26 |
167 |
| Purchase of Treasury Stock |
(7,301) |
(12,433) |
(6,280) |
(1,545) |
(14,817) |
| Other Financing Activities |
(78) |
1 |
14 |
23 |
(259,759) |
| Cash from Financing Activities |
(97,797) |
65,231 |
12,700 |
110,950 |
(79,632) |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
(37,061) |
(35,530) |
(10,795) |
81,270 |
(142,983) |
|
| Cash at Beginning of Period |
144,527 |
180,057 |
190,852 |
109,582 |
252,565 |
| Cash at End of Period |
107,466 |
144,527 |
180,057 |
190,852 |
109,582 |
| Total Risk-Based Capital Ratio |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
