Mercury General Corporation
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $403.1M | $-242.1M |
| Depreciation & Amortization | $35.7M | $27.0M |
| Depreciation | $28.9M | — |
| Amortization | $6.8M | — |
| Stock-Based Compensation | $763.0K | $652.0K |
| Net Cash from Operating Activities | $189.0M | $64.6M |
| Investing Activities | ||
| Capital Expenditures | $36.3M | $48.5M |
| Business Acquisitions | $115.5M | $0 |
| Net Cash from Investing Activities | $-31.7M | $34.7M |
| Financing Activities | ||
| Dividends Paid | $127.6M | $127.0M |
| Stock Repurchases | — | — |
| Net Cash from Financing Activities | $-7.2M | $-112.1M |
| Net Change in Cash | $150.1M | $-12.8M |
| Free Cash Flow | $152.7M | $16.1M |