United Fire Group Inc
NASDAQ:UFCS
Balance Sheet
Balance Sheet Decomposition
United Fire Group Inc
United Fire Group Inc
Balance Sheet
United Fire Group Inc
| Dec-2001 | Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
46
|
137
|
265
|
306
|
163
|
255
|
253
|
110
|
191
|
180
|
145
|
108
|
92
|
91
|
106
|
111
|
96
|
65
|
121
|
88
|
132
|
97
|
102
|
201
|
|
| Cash Equivalents |
46
|
137
|
265
|
306
|
163
|
255
|
253
|
110
|
191
|
180
|
145
|
108
|
92
|
91
|
106
|
111
|
96
|
65
|
121
|
88
|
132
|
97
|
102
|
201
|
|
| Total Receivables |
0
|
2
|
5
|
0
|
41
|
10
|
7
|
27
|
28
|
18
|
27
|
17
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Insurance Receivable |
88
|
108
|
117
|
119
|
116
|
127
|
121
|
134
|
128
|
125
|
172
|
188
|
219
|
249
|
277
|
306
|
329
|
347
|
358
|
317
|
317
|
366
|
465
|
451
|
|
| Deferred Policy Acquisition Cost |
103
|
90
|
86
|
89
|
120
|
136
|
129
|
158
|
93
|
88
|
107
|
105
|
150
|
140
|
168
|
164
|
88
|
93
|
94
|
87
|
91
|
104
|
127
|
147
|
|
| Other Current Assets |
4
|
7
|
4
|
3
|
3
|
6
|
3
|
2
|
2
|
2
|
6
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Current Assets |
5
|
8
|
8
|
3
|
44
|
16
|
10
|
29
|
30
|
19
|
33
|
20
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| PP&E Net |
15
|
16
|
18
|
13
|
11
|
13
|
11
|
15
|
22
|
22
|
46
|
43
|
47
|
49
|
53
|
56
|
69
|
97
|
132
|
149
|
168
|
160
|
163
|
157
|
|
| PP&E Gross |
15
|
16
|
18
|
13
|
11
|
13
|
11
|
15
|
22
|
22
|
46
|
43
|
47
|
49
|
53
|
56
|
69
|
97
|
132
|
149
|
168
|
160
|
163
|
157
|
|
| Accumulated Depreciation |
29
|
32
|
36
|
31
|
26
|
27
|
30
|
28
|
31
|
33
|
35
|
35
|
37
|
42
|
47
|
51
|
52
|
40
|
50
|
55
|
60
|
60
|
68
|
76
|
|
| Intangible Assets |
3
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
13
|
12
|
11
|
10
|
10
|
9
|
8
|
8
|
7
|
6
|
5
|
5
|
4
|
|
| Goodwill |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
15
|
15
|
15
|
15
|
15
|
15
|
15
|
15
|
0
|
0
|
0
|
0
|
0
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
15
|
6
|
15
|
19
|
66
|
32
|
31
|
21
|
14
|
|
| Long-Term Investments |
1 515
|
1 722
|
1 832
|
1 964
|
2 092
|
2 133
|
2 147
|
2 096
|
2 352
|
2 483
|
2 908
|
3 044
|
3 050
|
3 171
|
3 143
|
3 266
|
1 889
|
2 074
|
2 155
|
2 149
|
2 065
|
1 845
|
1 886
|
2 093
|
|
| Other Long-Term Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 586
|
1
|
0
|
0
|
0
|
16
|
14
|
23
|
|
| Other Assets |
77
|
75
|
77
|
77
|
177
|
97
|
91
|
137
|
88
|
91
|
193
|
174
|
149
|
146
|
133
|
128
|
112
|
117
|
127
|
207
|
202
|
259
|
361
|
398
|
|
| Total Assets |
1 852
N/A
|
2 160
+17%
|
2 405
+11%
|
2 570
+7%
|
2 722
+6%
|
2 776
+2%
|
2 761
-1%
|
2 687
-3%
|
2 903
+8%
|
3 007
+4%
|
3 619
+20%
|
3 695
+2%
|
3 721
+1%
|
3 857
+4%
|
3 890
+1%
|
4 055
+4%
|
4 183
+3%
|
2 817
-33%
|
3 014
+7%
|
3 070
+2%
|
3 013
-2%
|
2 882
-4%
|
3 144
+9%
|
3 488
+11%
|
|
| Liabilities | |||||||||||||||||||||||||
| Insurance Policy Liabilities |
1 511
|
1 741
|
1 870
|
1 951
|
2 128
|
1 984
|
1 906
|
1 971
|
2 134
|
2 193
|
2 710
|
2 782
|
2 773
|
2 796
|
2 791
|
2 918
|
1 690
|
1 805
|
1 927
|
2 043
|
1 954
|
1 972
|
2 188
|
2 418
|
|
| Accrued Liabilities |
35
|
51
|
56
|
57
|
58
|
68
|
64
|
75
|
85
|
78
|
138
|
164
|
143
|
213
|
201
|
159
|
167
|
123
|
156
|
127
|
103
|
121
|
172
|
172
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Current Liabilities |
35
|
51
|
56
|
58
|
58
|
68
|
64
|
75
|
85
|
78
|
138
|
164
|
143
|
218
|
206
|
159
|
167
|
123
|
156
|
127
|
103
|
121
|
172
|
172
|
|
| Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
45
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
50
|
50
|
50
|
50
|
117
|
|
| Deferred Income Tax |
13
|
12
|
40
|
44
|
36
|
44
|
40
|
0
|
11
|
20
|
14
|
20
|
22
|
26
|
15
|
36
|
6
|
0
|
21
|
25
|
27
|
0
|
0
|
0
|
|
| Other Liabilities |
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
0
|
0
|
1 347
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Liabilities |
1 573
N/A
|
1 804
+15%
|
1 966
+9%
|
2 052
+4%
|
2 222
+8%
|
2 095
-6%
|
2 009
-4%
|
2 045
+2%
|
2 230
+9%
|
2 291
+3%
|
2 923
+28%
|
2 966
+1%
|
2 938
-1%
|
3 039
+3%
|
3 012
-1%
|
3 113
+3%
|
3 210
+3%
|
1 928
-40%
|
2 103
+9%
|
2 245
+7%
|
2 134
-5%
|
2 142
+0%
|
2 410
+13%
|
2 707
+12%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
34
|
99
|
99
|
133
|
79
|
92
|
91
|
89
|
88
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
189
|
200
|
243
|
275
|
269
|
344
|
440
|
411
|
384
|
416
|
401
|
425
|
484
|
524
|
591
|
616
|
609
|
716
|
697
|
556
|
621
|
621
|
575
|
620
|
|
| Additional Paid In Capital |
7
|
7
|
7
|
8
|
66
|
162
|
150
|
139
|
139
|
223
|
213
|
209
|
212
|
203
|
207
|
217
|
196
|
203
|
200
|
202
|
203
|
207
|
210
|
216
|
|
| Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
134
|
47
|
21
|
47
|
83
|
50
|
88
|
67
|
72
|
|
| Other Equity |
49
|
50
|
91
|
103
|
86
|
83
|
72
|
4
|
61
|
77
|
83
|
95
|
87
|
91
|
80
|
25
|
215
|
9
|
34
|
16
|
5
|
1
|
16
|
17
|
|
| Total Equity |
279
N/A
|
356
+27%
|
439
+24%
|
518
+18%
|
500
-3%
|
681
+36%
|
752
+10%
|
642
-15%
|
673
+5%
|
716
+6%
|
696
-3%
|
729
+5%
|
783
+7%
|
817
+4%
|
879
+8%
|
942
+7%
|
973
+3%
|
888
-9%
|
911
+2%
|
825
-9%
|
879
+7%
|
740
-16%
|
734
-1%
|
782
+7%
|
|
| Total Liabilities & Equity |
1 852
N/A
|
2 160
+17%
|
2 405
+11%
|
2 570
+7%
|
2 722
+6%
|
2 776
+2%
|
2 761
-1%
|
2 687
-3%
|
2 903
+8%
|
3 007
+4%
|
3 619
+20%
|
3 695
+2%
|
3 721
+1%
|
3 857
+4%
|
3 890
+1%
|
4 055
+4%
|
4 183
+3%
|
2 817
-33%
|
3 014
+7%
|
3 070
+2%
|
3 013
-2%
|
2 882
-4%
|
3 144
+9%
|
3 488
+11%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
20
|
20
|
20
|
20
|
24
|
28
|
27
|
27
|
27
|
26
|
26
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
25
|
|