MBIA
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 MBIA generated cash of -$195,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$542,000,000 last year. Net change in cash is therefore $30,000,000.
Cash Flow
| 2014 | -333M | 812M | -892M |
|---|---|---|---|
| 2015 | -55M | 817M | -1.01B |
| 2016 | -142M | 2.42B | -2.54B |
| 2017 | -630M | 1.20B | -611M |
| 2018 | -319M | 1.20B | -752M |
| 2019 | -368M | 1.26B | -1.09B |
| 2020 | -390M | 1.73B | -1.26B |
| 2021 | 511M | -61M | -457M |
| 2022 | -418M | 623M | -285M |
| 2023 | -195M | 767M | -542M |
MBI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 78M | 160M | 167M | 83M | 280M | 146M | 187M | 522M | 782M | 1.25B |
Operating activities | ||||||||||
Net income | -484M | -149M | -445M | -578M | -359M | -296M | -1.60B | -338M | 180M | 569M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 0 | -12M | -11M | -12M | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 12M | 12M | 11M | 12M | 0 | 10M | 16M | 20M | 18M |
| Deferred income tax benefit | 0 | 12M | 12M | 11M | 12M | 0 | 10M | 16M | 20M | 18M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 14M | 152M | 412M | 45M | -37M | -153M | -632M | 1M | 6M | 300M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -195M | -418M | 511M | -390M | -368M | -319M | -630M | -142M | -55M | -333M |
Investing activities | ||||||||||
Purchases Of Investments | -667M | -1.16B | -1.53B | -1.31B | -2.29B | -2.45B | -2.07B | -2.86B | -2.53B | -2.12B |
Investments In Property Plant And Equipment | 2M | 0 | -1M | 0 | 74M | -1M | -1M | -1M | -3M | -13M |
Acquisitions Net | 0 | 2M | 1M | 0 | 70M | -7M | 18M | 1M | 7M | 239M |
Cash generated by investing activities | 767M | 623M | -61M | 1.73B | 1.26B | 1.20B | 1.20B | 2.42B | 817M | 812M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 112M | 0 | 0 | 0 | 0 |
Payments for dividends | -409M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -38M | -3M | -1M | -200M | -106M | -44M | -330M | -108M | -303M | -32M |
Repayments of term debt | -95M | -284M | -456M | -1.02B | -972M | -683M | -255M | -2.36B | -619M | -777M |
Cash used in financing activities | -542M | -285M | -457M | -1.26B | -1.09B | -752M | -611M | -2.54B | -1.01B | -892M |
Net Change In Cash | 30M | -82M | -7M | 84M | -197M | 134M | -41M | -335M | -260M | -476M |
Cash at end of period | 108M | 78M | 160M | 167M | 83M | 280M | 146M | 187M | 522M | 782M |
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