Selective Insurance Group, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $36.4M | $43.8M |
| Depreciation & Amortization | $28.6M | $28.6M |
| Depreciation | — | — |
| Amortization | — | — |
| Stock-Based Compensation | $11.3M | $17.2M |
| Net Cash from Operating Activities | $227.6M | $241.2M |
| Investing Activities | ||
| Capital Expenditures | $8.2M | $8.1M |
| Business Acquisitions | $0 | — |
| Net Cash from Investing Activities | $-220.2M | $-147.1M |
| Financing Activities | ||
| Dividends Paid | $26.3M | $25.8M |
| Stock Repurchases | $3.0M | $46.8M |
| Net Cash from Financing Activities | $-25.2M | $-83.8M |
| Net Change in Cash | $-17.8M | $10.3M |
| Free Cash Flow | $219.4M | $233.1M |