United Fire Group
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 United Fire Group generated cash of $171,736,000, which is more than the previous year. Cash used in financing activities reached the amount of -$16,454,000 last year. Net change in cash is therefore $5,396,000.
Cash Flow
| 2014 | 151.29M | -58.87M | -94.03M |
|---|---|---|---|
| 2015 | 189.99M | -36.28M | -137.83M |
| 2016 | 214.38M | -112.40M | -97.57M |
| 2017 | 170.09M | -61.98M | -107.54M |
| 2018 | 110.10M | -19.20M | -115.18M |
| 2019 | 93.75M | 4.50M | -41.98M |
| 2020 | 41.43M | -92.87M | 18.66M |
| 2021 | 29.91M | 31.73M | -17.49M |
| 2022 | -1.25M | -19.17M | -15.03M |
| 2023 | 171.73M | -149.88M | -16.45M |
UFCS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 96.65M | 132.10M | 87.94M | 120.72M | 64.45M | 95.56M | 89.19M | 106.44M | 90.57M | 92.19M |
Operating activities | ||||||||||
Net income | -29.7M | 15.03M | 80.59M | -112.70M | 14.82M | 29.56M | 44.87M | 49.90M | 89.12M | 59.13M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 10.50M | 7.67M | 6.57M | 6.65M | 11.19M | 5.17M | 4.57M | 6.03M | 6.47M | 6.89M |
Stock-based compensation expense | 3.24M | 2.82M | 3.44M | 4.99M | 6.15M | 5.24M | 4.80M | 3.69M | 2.51M | 1.94M |
| Deferred income tax benefit | 3.24M | 2.82M | 3.44M | 4.99M | 6.15M | 5.24M | 4.80M | 3.69M | 2.51M | 1.94M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -92.09M | 33.24M | -47.83M | -21.83M | -16.45M | -22.79M | -25.57M | -14.20M | -29.75M |
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 | 171.73M | -1.25M | 29.91M | 41.43M | 93.75M | 110.10M | 170.09M | 214.38M | 189.99M | 151.29M |
Investing activities | ||||||||||
Purchases Of Investments | -292.94M | -297.34M | -405.43M | -444.66M | -257.81M | -540.35M | -267.53M | -655.88M | -701.45M | -618.39M |
Investments In Property Plant And Equipment | -10.88M | -2.13M | -13.97M | -18.86M | -32.42M | -33.05M | -17.15M | -7.6M | -9.69M | -8.15M |
Acquisitions Net | 0 | 0 | -45.70M | 0 | 0 | 276.05M | 0 | -2.97M | -4.59M | -3.14M |
Cash generated by investing activities | -149.88M | -19.17M | 31.73M | -92.87M | 4.50M | -19.20M | -61.98M | -112.40M | -36.28M | -58.87M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 828K | -421K | -71K | 2.37M | 7.17M | 4.82M | 9.92M | 5.49M | 2.26M |
Payments for dividends | -16.16M | -15.86M | -15.06M | -28.52M | -32.66M | -105.40M | -27.33M | -24.59M | -21.65M | -19.68M |
Repurchases of common stock | -290K | 0 | -2.42M | -2.81M | -11.7M | -5.40M | -29.78M | -3.74M | -2.42M | -12.94M |
Repayments of term debt | 0 | 0 | 0 | -71K | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -16.45M | -15.03M | -17.49M | 18.66M | -41.98M | -115.18M | -107.54M | -97.57M | -137.83M | -94.03M |
Net Change In Cash | 5.39M | -35.45M | 44.15M | -32.77M | 56.26M | -31.10M | 6.36M | 4.40M | 15.87M | -1.61M |
Cash at end of period | 102.04M | 96.65M | 132.10M | 87.94M | 120.72M | 64.45M | 95.56M | 110.85M | 106.44M | 90.57M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |