F&G Annuities & Life
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 F&G Annuities & Life generated cash of $5,834,000,000, which is more than the previous year. Cash used in financing activities reached the amount of $3,687,000,000 last year. Net change in cash is therefore $603,000,000.
Cash Flow
| 2017 | 1.02B | -264M | 540M |
|---|---|---|---|
| 2019 | 652M | -1.53B | 1.29B |
| 2020 | 63M | -2.58B | 2.51B |
| 2021 | 1.87B | -6.86B | 5.63B |
| 2022 | 3.17B | -9.37B | 5.62B |
| 2023 | 5.83B | -8.91B | 3.68B |
FG Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 960M | 1.53B | 889M | 935M | 522M | 0 |
Operating activities | ||||||
Net income | -58M | 481M | 865M | -178M | 412M | -1.09B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 412M | 329M | 484M | -13M | 128M | -24M |
Stock-based compensation expense | 23M | 12M | 9M | 7M | 4M | -12M |
| Deferred income tax benefit | 23M | 12M | 9M | 7M | 4M | -12M |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 94M | 21M | 94M | 0 | 7M | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 5.83B | 3.17B | 1.87B | 63M | 652M | 1.02B |
Investing activities | ||||||
Purchases Of Investments | -13.37B | -14.09B | -14.57B | 0 | -5.82B | 0 |
Investments In Property Plant And Equipment | -27M | -32M | -33M | -28M | -15M | -12M |
Acquisitions Net | -1.13B | -982M | -1.75B | 0 | -588M | 0 |
Cash generated by investing activities | -8.91B | -9.37B | -6.86B | -2.58B | -1.53B | -264M |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -101M | 0 | 0 | 0 | -9M | 0 |
Repurchases of common stock | -18M | 0 | 0 | 0 | -65M | 0 |
Repayments of term debt | 660M | 550M | -400M | 0 | 0 | 0 |
Cash used in financing activities | 3.68B | 5.62B | 5.63B | 2.51B | 1.29B | 540M |
Net Change In Cash | 603M | -573M | 644M | 818M | 413M | 1.29B |
Cash at end of period | 1.56B | 960M | 1.53B | 1.75B | 935M | 1.29B |
| Data source | Data source |