Donegal Group Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $7.1M | $30.8M | $21.0M | $14.5M | $26.3M | $23.1M | $453.0K | $11.5M |
| Depreciation & Amortization | $6.1M | $6.6M | $6.7M | $3.5M | $3.0M | $4.0M | $4.1M | $3.1M |
| Depreciation | $478.8K | $742.9K | $792.7K | $883.7K | $783.9K | $944.6K | $1.0M | $1.2M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $81.0M | $60.0M | $68.2M | $44.5M | $46.0M | $25.0M | $21.1M | $22.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | $151.5K | $2.1M | $1.3M | $744.1K | $238.5K | $651.2K |
| Business Acquisitions | — | — | — | — | — | — | $7.2M | $35.1M |
| Net Cash from Investing Activities | $-58.4M | $-51.3M | — | — | $-28.1M | $-4.8M | $-31.1M | $-43.2M |
| Financing Activities | ||||||||
| Dividends Paid | $14.8M | $14.1M | $14.5M | $13.6M | $12.8M | $12.2M | $11.9M | $11.4M |
| Stock Repurchases | — | — | $28.1M | $12.0K | $376.5K | $1.9M | $1.5M | $145.7K |
| Net Cash from Financing Activities | $-9.3M | $-12.3M | — | — | $-10.1M | $-13.7M | $6.9M | $24.6M |
| Net Change in Cash | $13.2M | $-3.6M | $-7.4M | $7.9M | $7.8M | $6.6M | $-3.1M | $3.4M |
| Free Cash Flow | — | — | $68.0M | $42.4M | $44.8M | $24.2M | $20.8M | $21.4M |