HANOVER INSURANCE GROUP, INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $186.2M | $155.1M | $331.5M | $282.0M | $251.0M | $55.9M | $36.7M | $151.2M |
| Depreciation & Amortization | $30.1M | $30.7M | $30.2M | $33.5M | $35.0M | $35.6M | $26.7M | $16.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $12.3M | $12.0M | $12.3M | $15.1M | $12.4M | $12.8M | $12.0M | $11.3M |
| Net Cash from Operating Activities | $704.6M | $743.4M | $444.7M | $564.7M | $383.9M | $408.2M | $221.7M | $83.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $18.6M | $15.7M | $19.5M | $11.2M | $22.9M | $21.3M | $16.5M | $10.9M |
| Business Acquisitions | — | — | — | — | — | — | $-287.7M | $13.3M |
| Net Cash from Investing Activities | $-506.3M | $-495.4M | $-171.5M | $-600.7M | $-358.7M | $-562.8M | $182.8M | $-98.8M |
| Financing Activities | ||||||||
| Dividends Paid | $86.8M | $80.4M | $74.2M | $67.0M | $60.0M | $55.1M | $50.9M | $47.2M |
| Stock Repurchases | $37.2M | $105.6M | $127.3M | $20.4M | $78.2M | $20.0M | $21.7M | $134.7M |
| Net Cash from Financing Activities | $-111.7M | $-300.8M | $-301.0M | $-71.7M | $-105.5M | $-133.4M | $127.3M | $-8.6M |
| Net Change in Cash | $93.8M | $-56.2M | $-34.5M | $-112.9M | $-78.7M | $-255.9M | $527.9M | $-23.8M |
| Free Cash Flow | $686.0M | $727.7M | $425.2M | $553.5M | $361.0M | $386.9M | $205.2M | $72.7M |