Hallmark Financial Services Inc
XBER:SSB
Cash Flow Statement
Cash Flow Statement
Hallmark Financial Services Inc
| Sep-2013 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Net Income |
7
|
8
|
11
|
16
|
13
|
13
|
14
|
19
|
22
|
22
|
21
|
15
|
14
|
7
|
6
|
2
|
(5)
|
(12)
|
(15)
|
(6)
|
5
|
10
|
25
|
33
|
28
|
(1)
|
(80)
|
(86)
|
(120)
|
(92)
|
(18)
|
(25)
|
6
|
9
|
(4)
|
(73)
|
(103)
|
(108)
|
(144)
|
(87)
|
(80)
|
|
| Depreciation & Amortization |
5
|
4
|
4
|
4
|
3
|
3
|
4
|
3
|
3
|
4
|
3
|
4
|
4
|
4
|
4
|
4
|
4
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
6
|
6
|
6
|
5
|
5
|
4
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
1
|
|
| Change in Deffered Taxes |
(1)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(3)
|
(0)
|
1
|
(2)
|
2
|
3
|
0
|
1
|
(6)
|
(9)
|
(7)
|
(7)
|
(1)
|
0
|
(1)
|
0
|
(1)
|
10
|
12
|
11
|
11
|
(1)
|
(0)
|
|
| Other Non-Cash Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
6
|
6
|
6
|
6
|
0
|
0
|
0
|
1
|
1
|
46
|
46
|
46
|
46
|
0
|
0
|
0
|
0
|
7
|
(2)
|
(1)
|
(115)
|
(122)
|
(113)
|
(113)
|
|
| Cash Taxes Paid |
2
|
4
|
3
|
5
|
7
|
6
|
6
|
7
|
11
|
14
|
13
|
10
|
5
|
4
|
4
|
3
|
3
|
0
|
0
|
(5)
|
(4)
|
(3)
|
(3)
|
5
|
7
|
8
|
8
|
5
|
3
|
1
|
0
|
(3)
|
(4)
|
(4)
|
0
|
(15)
|
(16)
|
(16)
|
(20)
|
(3)
|
(3)
|
|
| Cash Interest Paid |
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
5
|
5
|
4
|
4
|
4
|
5
|
5
|
5
|
5
|
4
|
5
|
5
|
5
|
5
|
4
|
4
|
3
|
3
|
3
|
5
|
5
|
3
|
3
|
1
|
1
|
|
| Change in Working Capital |
48
|
56
|
52
|
44
|
20
|
17
|
16
|
26
|
31
|
28
|
24
|
3
|
17
|
20
|
31
|
36
|
42
|
10
|
(14)
|
(19)
|
(63)
|
(47)
|
(48)
|
(57)
|
(26)
|
21
|
55
|
58
|
17
|
(23)
|
(16)
|
(14)
|
32
|
31
|
(54)
|
(2)
|
12
|
45
|
92
|
49
|
(70)
|
|
| Cash from Operating Activities |
59
N/A
|
68
+16%
|
68
-1%
|
64
-6%
|
37
-43%
|
34
-8%
|
32
-4%
|
47
+46%
|
55
+17%
|
53
-4%
|
48
-9%
|
22
-53%
|
35
+58%
|
31
-13%
|
41
+33%
|
41
0%
|
40
-3%
|
7
-82%
|
(21)
N/A
|
(15)
+28%
|
(46)
-206%
|
(33)
+29%
|
(16)
+52%
|
(16)
-4%
|
9
N/A
|
28
+210%
|
20
-28%
|
14
-29%
|
(58)
N/A
|
(69)
-19%
|
(30)
+57%
|
(33)
-12%
|
41
N/A
|
44
+7%
|
(48)
N/A
|
(63)
-33%
|
(78)
-23%
|
(165)
-112%
|
(162)
+2%
|
(150)
+8%
|
(263)
-76%
|
|
| Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Capital Expenditures |
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(4)
|
(3)
|
(2)
|
(5)
|
(4)
|
(5)
|
(5)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
|
| Other Items |
(13)
|
(11)
|
(5)
|
(33)
|
(25)
|
(42)
|
(52)
|
(85)
|
(118)
|
(93)
|
(113)
|
(67)
|
(76)
|
(54)
|
(39)
|
(47)
|
(16)
|
(14)
|
5
|
26
|
25
|
9
|
31
|
8
|
(21)
|
(28)
|
(36)
|
27
|
199
|
124
|
250
|
239
|
86
|
207
|
(50)
|
(149)
|
(111)
|
(101)
|
91
|
199
|
212
|
|
| Cash from Investing Activities |
(13)
N/A
|
(12)
+10%
|
(6)
+51%
|
(33)
-477%
|
(25)
+24%
|
(42)
-67%
|
(53)
-25%
|
(87)
-64%
|
(120)
-39%
|
(96)
+20%
|
(117)
-21%
|
(69)
+41%
|
(81)
-17%
|
(58)
+28%
|
(43)
+26%
|
(52)
-21%
|
(18)
+65%
|
(17)
+8%
|
2
N/A
|
24
+915%
|
22
-5%
|
7
-67%
|
28
+280%
|
5
-82%
|
(25)
N/A
|
(32)
-27%
|
(39)
-20%
|
24
N/A
|
197
+710%
|
123
-38%
|
248
+102%
|
237
-5%
|
84
-64%
|
205
+143%
|
(52)
N/A
|
(151)
-191%
|
(114)
+25%
|
(103)
+9%
|
89
N/A
|
198
+123%
|
211
+7%
|
|
| Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
| Net Issuance of Common Stock |
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(3)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(2)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Issuance of Debt |
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
20
|
20
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other |
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Cash from Financing Activities |
(2)
N/A
|
0
N/A
|
0
N/A
|
(2)
N/A
|
(3)
-30%
|
(2)
+26%
|
(2)
-4%
|
(0)
+97%
|
(2)
-2 457%
|
27
N/A
|
26
-4%
|
22
-13%
|
22
+0%
|
(7)
N/A
|
(7)
+10%
|
(7)
-4%
|
(5)
+21%
|
(5)
+7%
|
(5)
+3%
|
(2)
+59%
|
(1)
+43%
|
(2)
-37%
|
(1)
+33%
|
(0)
+80%
|
19
N/A
|
19
+2%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
| Net Change in Cash |
44
N/A
|
57
+28%
|
62
+9%
|
28
-54%
|
8
-71%
|
(11)
N/A
|
(23)
-114%
|
(40)
-74%
|
(67)
-68%
|
(17)
+75%
|
(43)
-160%
|
(25)
+43%
|
(23)
+6%
|
(35)
-50%
|
(9)
+74%
|
(18)
-104%
|
16
N/A
|
(15)
N/A
|
(23)
-60%
|
6
N/A
|
(25)
N/A
|
(27)
-9%
|
11
N/A
|
(12)
N/A
|
2
N/A
|
14
+535%
|
0
-99%
|
57
+63 589%
|
139
+142%
|
53
-62%
|
218
+309%
|
204
-7%
|
125
-38%
|
248
+98%
|
(100)
N/A
|
(215)
-116%
|
(191)
+11%
|
(268)
-40%
|
(73)
+73%
|
48
N/A
|
(52)
N/A
|
|