UNITED FIRE GROUP, INC
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $51.0M | $49.9M | $89.1M | $59.1M | $76.1M | $40.2M | $11.0K | $47.5M |
| Depreciation & Amortization | $4.6M | $6.0M | $6.5M | $6.9M | $5.6M | $8.0M | $5.6M | $2.9M |
| Depreciation | $3.8M | $5.3M | $5.7M | $6.1M | $4.4M | $5.4M | $3.7M | $2.8M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $4.8M | $3.7M | $2.5M | $1.9M | $1.8M | $1.8M | $1.8M | $1.8M |
| Net Cash from Operating Activities | $170.1M | $214.4M | $190.0M | $151.3M | $161.5M | $172.1M | $74.4M | $71.2M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | $0 | $0 | $172.6M | $0 |
| Net Cash from Investing Activities | $-62.0M | $-112.4M | $-36.3M | $-58.9M | $-102.0M | $-111.3M | $-175.2M | $-94.7M |
| Financing Activities | ||||||||
| Dividends Paid | $27.3M | $24.6M | $21.7M | $19.7M | $17.5M | $15.3M | $15.5M | $15.8M |
| Stock Repurchases | $29.8M | $3.7M | $2.4M | $12.9M | $1.6M | $7.3M | $12.4M | $6.3M |
| Net Cash from Financing Activities | $-107.5M | $-97.6M | $-137.8M | $-94.0M | $-74.8M | $-97.8M | $65.2M | $12.7M |
| Net Change in Cash | $560.0K | $4.4M | $15.9M | $-1.6M | $-15.3M | $-37.1M | $-35.5M | $-10.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |