Markel Group Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $395.3M | $455.7M | $582.8M | $321.2M | $281.0M | $253.4M | $142.0M | $266.8M |
| Depreciation & Amortization | $203.9M | $194.1M | $201.0M | $203.6M | $190.1M | $87.3M | $70.6M | $53.6M |
| Depreciation | $71.6M | $64.8M | $64.2M | $51.2M | $51.5M | $36.0M | $24.2M | $19.5M |
| Amortization | $80.8M | $68.5M | $68.9M | $57.6M | $55.2M | $33.5M | $24.3M | $16.8M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $858.5M | $534.6M | $651.2M | $716.8M | $745.5M | $392.5M | $311.3M | $223.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $74.7M | $63.7M | $79.8M | $82.1M | $47.7M | $45.5M | $60.1M | $42.1M |
| Business Acquisitions | $1.43B | $7.5M | $261.5M | $319.1M | $12.2M | $243.7M | $120.1M | $214.2M |
| Net Cash from Investing Activities | $-744.5M | $-1.64B | $63.4M | $-622.2M | $187.4M | $-377.1M | $-491.1M | $-283.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $110.8M | $51.1M | $31.5M | $26.1M | $57.4M | $16.9M | $42.9M | $45.2M |
| Net Cash from Financing Activities | $256.3M | $152.0M | $-74.2M | $-67.1M | $175.4M | $142.0M | $194.6M | $-45.6M |
| Net Change in Cash | $415.7M | $-891.3M | $669.8M | $-18.4M | $1.11B | $160.5M | $13.0M | $-105.2M |
| Free Cash Flow | $783.9M | $470.9M | $571.4M | $634.7M | $697.8M | $347.0M | $251.2M | $181.2M |