RenaissanceRe Holdings Ltd.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $881.2M | $29.0M |
| Depreciation & Amortization | $9.2M | $-8.9M |
| Depreciation | — | — |
| Amortization | — | — |
| Stock-Based Compensation | $35.6M | — |
| Net Cash from Operating Activities | $588.9M | $545.9M |
| Investing Activities | ||
| Capital Expenditures | — | — |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $-115.8M | $-51.1M |
| Financing Activities | ||
| Dividends Paid | $59.7M | $57.9M |
| Stock Repurchases | $51.0M | $428.4M |
| Net Cash from Financing Activities | $-485.8M | $-548.5M |
| Net Change in Cash | $-14.0M | $-55.5M |
| Free Cash Flow | — | — |