W.R. Berkley Corp.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $309.1M | $281.1M |
| Depreciation & Amortization | $78.9M | $84.0M |
| Depreciation | $46.0M | — |
| Amortization | — | — |
| Stock-Based Compensation | $24.5M | $24.1M |
| Net Cash from Operating Activities | $316.1M | $1.55B |
| Investing Activities | ||
| Capital Expenditures | $30.5M | $78.9M |
| Business Acquisitions | $33.8M | $48.9M |
| Net Cash from Investing Activities | $-1.12B | $-614.6M |
| Financing Activities | ||
| Dividends Paid | $28.8M | $47.0M |
| Stock Repurchases | $147.1M | $553.3M |
| Net Cash from Financing Activities | $173.4M | $-663.3M |
| Net Change in Cash | $-619.4M | $183.0M |
| Free Cash Flow | $285.6M | $1.47B |