AXIS Capital Holdings Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of AXIS Capital Holdings Limited generated cash of $1,255,559,000, which is more than the previous year. Cash used in financing activities reached the amount of -$202,371,000 last year. Net change in cash is therefore $209,332,000.
Cash Flow
| 2014 | 862.18M | -154.07M | -686.01M |
|---|---|---|---|
| 2015 | 791.2M | -225.69M | -487.00M |
| 2016 | 406.72M | -144.43M | -201.58M |
| 2017 | 259.22M | 178.36M | -545.68M |
| 2018 | 10.77M | 638.55M | -186.20M |
| 2019 | 199.00M | -774.31M | 277.51M |
| 2020 | 343.50M | 489.92M | -908.80M |
| 2021 | 1.11B | -1.11B | -186.09M |
| 2022 | 692.21M | -655.79M | -149.62M |
| 2023 | 1.25B | -855.61M | -202.37M |
AXS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.17B | 1.31B | 1.50B | 1.57B | 1.83B | 1.36B | 1.03B | 988.13M | 921.83M | 923.32M |
Operating activities | ||||||||||
Net income | 376.29M | 223.08M | 618.60M | -120.42M | 323.47M | 43.02M | -368.96M | 513.36M | 641.63M | 804.56M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 75.55M | 68.28M | 66.97M | 65.79M | 75.22M | 9.79M | 81.47M | 24.57M | 26.34M | 24.97M |
Stock-based compensation expense | 54.12M | 48.49M | 37.74M | 29.00M | 32.49M | 34.34M | 12.66M | 52.21M | 43.05M | 63.23M |
| Deferred income tax benefit | 54.12M | 48.49M | 37.74M | 29.00M | 32.49M | 34.34M | 12.66M | 52.21M | 43.05M | 63.23M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -723.91M | -734.79M | -723.86M | -412.07M | -766.69M | -131.16M | -176.53M | -214.99M | -16.20M |
Inventories | 0 | 0 | 927.80M | 1.22B | 447.15M | 158.43M | 852.16M | 126.93M | 138.06M | 82.85M |
Accounts payable | 0 | 82.87M | 349.50M | 72.50M | -51.07M | 208.78M | -81.83M | -209.89M | -74.57M | -102.59M |
Cash generated by operating activities | 1.25B | 692.21M | 1.11B | 343.50M | 199.00M | 10.77M | 259.22M | 406.72M | 791.2M | 862.18M |
Investing activities | ||||||||||
Purchases Of Investments | -6.81B | -8.15B | -12.89B | -11.14B | -10.44B | -9.02B | -9.01B | -9.86B | -11.53B | -13.35B |
Investments In Property Plant And Equipment | -31.14M | -36.82M | -38.73M | -44.66M | -63.10M | -25.10M | 25.35M | -143.41M | 0 | 0 |
Acquisitions Net | -22.18M | 36.82M | 38.73M | 44.66M | 63.10M | 0 | -467.94M | -107.91M | 0 | 0 |
Cash generated by investing activities | -855.61M | -655.79M | -1.11B | 489.92M | -774.31M | 638.55M | 178.36M | -144.43M | -225.69M | -154.07M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 10.16M | 0 | 346.36M | 224K | 3.98M | 5.55M |
Payments for dividends | -184.02M | -179.59M | -175.85M | -173.42M | -179.83M | -176.12M | -187.87M | -172.23M | -158.74M | -157.70M |
Repurchases of common stock | -23.59M | -34.98M | -10.24M | -225M | -10.16M | -10.08M | -285.85M | -561.52M | -332.25M | -543.20M |
Repayments of term debt | 5.25M | 78.95M | 0 | -500M | 467.50M | 0 | 279.12M | 0 | 0 | -500M |
Cash used in financing activities | -202.37M | -149.62M | -186.09M | -908.80M | 277.51M | -186.20M | -545.68M | -201.58M | -487.00M | -686.01M |
Net Change In Cash | 209.33M | -143.03M | -185.54M | -73.22M | -253.56M | 466.23M | -90.86M | 51.36M | 66.30M | -1.49M |
Cash at end of period | 1.38B | 1.17B | 1.31B | 1.50B | 1.57B | 1.83B | 948.62M | 1.03B | 988.13M | 921.83M |
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