Donegal Group Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $79.3M | $50.9M | $4.4M | $-2.0M | $25.3M | $52.8M | $47.2M | $-32.8M |
| Depreciation & Amortization | $3.1M | $3.9M | $4.3M | $4.8M | $5.8M | $6.7M | $5.6M | $6.6M |
| Depreciation | $150.1K | $153.5K | $166.4K | $173.5K | $208.6K | $257.4K | $282.2K | $479.6K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $70.2M | $67.4M | $28.6M | $67.1M | $76.7M | $101.1M | $76.4M | $63.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-91.1M | $-48.0M | $-16.7M | $-98.5M | $-62.2M | $-99.7M | $-43.4M | $-37.6M |
| Financing Activities | ||||||||
| Dividends Paid | $25.7M | $22.7M | $21.9M | $20.5M | $19.1M | $17.0M | $16.1M | $15.7M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-5.2M | $9.7M | $-13.2M | $-1.2M | $-59.9M | $52.3M | $-36.3M | $-11.4M |
| Net Change in Cash | — | — | — | — | — | — | — | $14.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |