Cash Flow for United Fire & Casualty Company (UFCS)

Cash Flow for United Fire & Casualty Company
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Net Income
Net Income 76,140,000 40,212,000 11,000
Operating Activities, Cash Flows Provided By or Used In
Depreciation 20,894,000 23,162,000 17,221,000
Adjustments To Net Income -3,434,000 4,166,000 -12,892,000
Changes In Accounts Receivables -1,143,000 3,306,000 -33,533,000
Changes In Liabilities 73,314,000 112,199,000 80,897,000
Changes In Inventories - - -
Changes In Other Operating Activities -4,280,000 -10,969,000 22,727,000
Total Cash Flow From Operating Activities 161,491,000 172,076,000 74,431,000
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures -8,451,000 -2,886,000 -14,048,000
Investments -93,535,000 -108,454,000 11,476,000
Other Cash flows from Investing Activities - - -172,620,000
Total Cash Flows From Investing Activities -101,986,000 -111,340,000 -175,192,000
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid -17,484,000 -15,269,000 -15,507,000
Sale Purchase of Stock 1,749,000 -21,821,000 -12,225,000
Net Borrowings - -45,000,000 42,000,000
Other Cash Flows from Financing Activities -59,043,000 -15,707,000 50,963,000
Total Cash Flows From Financing Activities -74,778,000 -97,797,000 65,231,000
Effect Of Exchange Rate Changes - - -
Change In Cash and Cash Equivalents -15,273,000 -37,061,000 -35,530,000