WHITE MOUNTAINS INSURANCE GROUP, LTD
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $593.1M | $409.0M | $276.7M | $290.0M | $309.1M | $193.4M | $809.4M | $86.5M |
| Depreciation & Amortization | $22.4M | $20.4M | $3.8M | $35.3M | $28.6M | $50.8M | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $10.7M | $10.5M | $8.4M | $8.3M | $1.4M | $1.2M | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $94.6M | $-155.1M | $182.4M | $118.8M | $-101.0M | $-225.8M | $-114.5M | $56.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $718.5M | $1.28B | $11.3M | $47.9M | $401.8M | $829.6M | $799.6M | $485.3M |
| Financing Activities | ||||||||
| Dividends Paid | $4.6M | $5.4M | $6.0M | $6.2M | $6.2M | $6.6M | $8.0M | $8.8M |
| Stock Repurchases | $714.6M | $881.3M | $268.6M | $128.2M | $79.8M | $669.1M | $253.0M | $225.6M |
| Net Cash from Financing Activities | $-699.0M | $-948.4M | $-221.3M | $-129.6M | $-186.5M | $-648.2M | $-460.2M | $-550.2M |
| Net Change in Cash | $-900.0K | $2.1M | $-74.8M | $1.5M | $114.6M | $-41.3M | $223.4M | $-800.0K |
| Free Cash Flow | — | — | — | — | — | — | — | — |