Pekin Life Insurance Company
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 Pekin Life Insurance Company generated cash of $7,421,012, which is less than the previous year. Cash used in financing activities reached the amount of $24,641,920 last year. Net change in cash is therefore $7,628,249.
Cash Flow
| 2015 | 48.93M | -66.91M | 6.46M |
|---|---|---|---|
| 2017 | 49.10M | -22.60M | -33.31M |
| 2019 | 33.66M | -42.94M | 1.80M |
| 2020 | 38.18M | -20.81M | -20.72M |
| 2021 | 38.01M | -40.73M | 8.45M |
| 2022 | 34.75M | -41.05M | 204.48K |
| 2023 | 7.42M | -24.43M | 24.64M |
PKIN Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 4.18M | 10.28M | 4.54M | 7.89M | 15.37M | 17.23M | 25.19M |
Operating activities | |||||||
Net income | 1.92M | -5.61M | -5.29M | 1.76M | 1.39M | 6.17M | -1.75M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 7.42M | 34.75M | 38.01M | 38.18M | 33.66M | 49.10M | 48.93M |
Investing activities | |||||||
Purchases Of Investments | -244.49M | -231.99M | -272.31M | -293.23M | -328.11M | -237.27M | -394.42M |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -24.43M | -41.05M | -40.73M | -20.81M | -42.94M | -22.60M | -66.91M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | -341.36K | -170.68K | -170.68K | 0 | -682.72K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 24.64M | 204.48K | 8.45M | -20.72M | 1.80M | -33.31M | 6.46M |
Net Change In Cash | 7.62M | -6.09M | 5.73M | -3.35M | -7.47M | -6.82M | -11.50M |
Cash at end of period | 11.81M | 4.18M | 10.28M | 4.54M | 7.89M | 10.41M | 13.68M |