Markel Group Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $201.6M | $-58.8M |
| Depreciation & Amortization | $31.2M | $31.2M |
| Depreciation | $14.8M | — |
| Amortization | $6.7M | $5.7M |
| Stock-Based Compensation | — | — |
| Net Cash from Operating Activities | $282.5M | $397.0M |
| Investing Activities | ||
| Capital Expenditures | $21.9M | $17.7M |
| Business Acquisitions | $154.9M | $10.1M |
| Net Cash from Investing Activities | $-333.7M | $-152.0M |
| Financing Activities | ||
| Dividends Paid | — | — |
| Stock Repurchases | $0 | $60.6M |
| Net Cash from Financing Activities | $251.6M | $-58.3M |
| Net Change in Cash | $210.1M | $162.3M |
| Free Cash Flow | $260.6M | $379.3M |