United Fire Group Inc
NASDAQ:UFCS
Cash Flow Statement
Cash Flow Statement
United Fire Group Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
76
|
67
|
62
|
51
|
59
|
70
|
74
|
93
|
89
|
88
|
76
|
69
|
50
|
47
|
47
|
17
|
51
|
77
|
74
|
103
|
28
|
26
|
22
|
9
|
15
|
(102)
|
(92)
|
(127)
|
(113)
|
(22)
|
(14)
|
14
|
81
|
90
|
66
|
53
|
15
|
(13)
|
(59)
|
(29)
|
(30)
|
|
Depreciation & Amortization |
6
|
6
|
7
|
7
|
7
|
6
|
6
|
9
|
7
|
7
|
7
|
4
|
6
|
6
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
6
|
5
|
11
|
12
|
12
|
12
|
7
|
7
|
7
|
7
|
7
|
7
|
7
|
10
|
8
|
9
|
10
|
7
|
11
|
|
Change in Deffered Taxes |
7
|
3
|
5
|
2
|
2
|
1
|
(0)
|
1
|
(6)
|
(5)
|
(6)
|
(2)
|
5
|
7
|
2
|
2
|
(32)
|
(51)
|
(50)
|
(43)
|
(27)
|
(4)
|
4
|
(4)
|
10
|
(12)
|
(13)
|
(13)
|
(10)
|
11
|
8
|
3
|
5
|
0
|
(4)
|
(3)
|
(5)
|
(6)
|
(4)
|
(7)
|
(8)
|
|
Stock-Based Compensation |
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
5
|
5
|
5
|
5
|
5
|
7
|
7
|
6
|
6
|
5
|
5
|
5
|
5
|
4
|
4
|
4
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
0
|
|
Other Non-Cash Items |
17
|
17
|
15
|
16
|
16
|
17
|
16
|
16
|
56
|
56
|
56
|
57
|
73
|
76
|
88
|
88
|
45
|
6
|
(8)
|
(9)
|
(22)
|
16
|
16
|
16
|
16
|
15
|
15
|
30
|
31
|
31
|
31
|
17
|
17
|
16
|
15
|
13
|
12
|
11
|
11
|
11
|
10
|
|
Cash Taxes Paid |
14
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
40
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
22
|
0
|
1
|
1
|
1
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
3
|
|
Change in Working Capital |
56
|
56
|
58
|
54
|
67
|
53
|
91
|
69
|
52
|
73
|
54
|
73
|
76
|
77
|
95
|
87
|
107
|
119
|
105
|
66
|
119
|
54
|
33
|
71
|
42
|
169
|
140
|
122
|
127
|
36
|
40
|
31
|
(80)
|
(101)
|
(104)
|
(90)
|
(31)
|
(11)
|
95
|
196
|
189
|
|
Cash from Operating Activities |
162
N/A
|
148
-8%
|
146
-1%
|
131
-11%
|
151
+16%
|
147
-3%
|
187
+28%
|
188
+1%
|
197
+5%
|
218
+11%
|
187
-14%
|
201
+7%
|
210
+5%
|
213
+1%
|
237
+12%
|
198
-17%
|
176
-11%
|
155
-12%
|
126
-18%
|
122
-3%
|
103
-15%
|
97
-6%
|
81
-17%
|
97
+20%
|
94
-3%
|
81
-14%
|
62
-23%
|
25
-60%
|
41
+68%
|
63
+53%
|
72
+14%
|
73
+1%
|
30
-59%
|
12
-60%
|
(21)
N/A
|
(18)
+13%
|
(1)
+93%
|
(10)
-646%
|
53
N/A
|
178
+239%
|
172
-4%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(9)
|
(11)
|
(13)
|
(10)
|
(8)
|
(7)
|
(8)
|
(13)
|
(10)
|
(8)
|
(9)
|
(5)
|
(8)
|
(8)
|
(9)
|
(13)
|
(17)
|
(20)
|
(26)
|
(29)
|
(33)
|
(41)
|
(41)
|
(37)
|
(32)
|
(28)
|
(24)
|
(20)
|
(19)
|
(16)
|
(15)
|
(14)
|
(14)
|
(13)
|
0
|
(8)
|
(2)
|
(5)
|
(8)
|
(7)
|
(11)
|
|
Other Items |
(94)
|
(110)
|
(61)
|
(56)
|
(51)
|
24
|
(31)
|
21
|
(27)
|
(51)
|
(48)
|
(74)
|
(105)
|
(153)
|
(103)
|
(84)
|
(45)
|
212
|
(39)
|
(26)
|
14
|
(177)
|
112
|
55
|
37
|
19
|
7
|
5
|
(74)
|
(123)
|
(115)
|
(58)
|
46
|
56
|
16
|
(41)
|
(17)
|
(29)
|
(40)
|
(138)
|
(139)
|
|
Cash from Investing Activities |
(102)
N/A
|
(121)
-18%
|
(73)
+39%
|
(66)
+11%
|
(59)
+10%
|
17
N/A
|
(39)
N/A
|
7
N/A
|
(36)
N/A
|
(60)
-65%
|
(57)
+5%
|
(79)
-39%
|
(112)
-43%
|
(161)
-43%
|
(112)
+31%
|
(97)
+13%
|
(62)
+36%
|
192
N/A
|
(65)
N/A
|
(55)
+15%
|
(19)
+65%
|
(218)
-1 035%
|
71
N/A
|
18
-75%
|
5
-75%
|
(9)
N/A
|
(17)
-95%
|
(15)
+10%
|
(93)
-507%
|
(139)
-49%
|
(129)
+7%
|
(72)
+44%
|
32
N/A
|
43
+37%
|
10
-78%
|
(47)
N/A
|
(19)
+59%
|
(32)
-65%
|
(48)
-53%
|
(146)
-202%
|
(150)
-3%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
2
|
2
|
(4)
|
(11)
|
(11)
|
(12)
|
(7)
|
(1)
|
3
|
9
|
9
|
7
|
6
|
(3)
|
(19)
|
(25)
|
(25)
|
(24)
|
(6)
|
3
|
2
|
6
|
3
|
(5)
|
(9)
|
(14)
|
(14)
|
(7)
|
(3)
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
|
Net Issuance of 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
|
0
|
0
|
0
|
0
|
50
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash Paid for Dividends |
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(24)
|
(25)
|
(25)
|
(26)
|
(27)
|
(27)
|
(28)
|
(29)
|
(105)
|
(105)
|
(106)
|
(107)
|
(32)
|
(33)
|
(33)
|
(33)
|
(33)
|
(29)
|
(24)
|
(20)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
|
Other |
(59)
|
(45)
|
(41)
|
(50)
|
(64)
|
(89)
|
(119)
|
(122)
|
(119)
|
(106)
|
(83)
|
(81)
|
(79)
|
(79)
|
(78)
|
(66)
|
(55)
|
(50)
|
(31)
|
(21)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Financing Activities |
(75)
N/A
|
(61)
+18%
|
(64)
-4%
|
(80)
-26%
|
(94)
-18%
|
(121)
-29%
|
(146)
-21%
|
(144)
+1%
|
(138)
+4%
|
(119)
+14%
|
(97)
+19%
|
(98)
-1%
|
(98)
+0%
|
(108)
-10%
|
(123)
-15%
|
(117)
+5%
|
(108)
+8%
|
(101)
+6%
|
(66)
+35%
|
(122)
-86%
|
(115)
+6%
|
(101)
+13%
|
(104)
-3%
|
(38)
+64%
|
(42)
-12%
|
(47)
-11%
|
(47)
-1%
|
(40)
+16%
|
19
N/A
|
26
+40%
|
30
+13%
|
33
+12%
|
(18)
N/A
|
(17)
+1%
|
(15)
+12%
|
(15)
+3%
|
(15)
-1%
|
(15)
N/A
|
(17)
-10%
|
(16)
+1%
|
(16)
-1%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
(15)
N/A
|
(33)
-117%
|
9
N/A
|
(15)
N/A
|
(2)
+89%
|
43
N/A
|
3
-93%
|
52
+1 528%
|
23
-56%
|
40
+73%
|
33
-16%
|
24
-28%
|
(0)
N/A
|
(56)
-18 600%
|
3
N/A
|
(16)
N/A
|
6
N/A
|
246
+3 745%
|
(5)
N/A
|
(55)
-1 131%
|
(31)
+44%
|
(221)
-612%
|
48
N/A
|
78
+61%
|
56
-27%
|
25
-55%
|
(3)
N/A
|
(30)
-1 062%
|
(33)
-9%
|
(49)
-50%
|
(28)
+44%
|
33
N/A
|
44
+32%
|
38
-14%
|
(27)
N/A
|
(80)
-200%
|
(36)
+56%
|
(56)
-59%
|
(12)
+78%
|
16
N/A
|
5
-66%
|