Cincinnati Financial Corporation
Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lin…
Insurance - Property & Casualty
US, Fairfield [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 525.00 | 531.00 | 247.00 | 638.00 | 796.00 | 873.00 | 1,064.00 | 1,103.00 | 1,052.00 | 1,181.00 | 1,208.00 | 1,491.00 | 1,981.00 | 2,052.00 | 2,052.00 | |
| Operating Cash (Net) | 525.00 | 531.00 | 247.00 | 638.00 | 796.00 | 873.00 | 1,064.00 | 1,103.00 | 1,052.00 | 1,181.00 | 1,208.00 | 1,491.00 | 1,981.00 | 2,052.00 | 2,052.00 | |
| Accounts Receivable | 148.00 | 80.00 | -128.00 | -122.00 | -64.00 | -60.00 | -48.00 | -113.00 | 77.00 | -109.00 | -174.00 | -23.00 | -240.00 | -340.00 | -264.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 267.00 | 183.00 | 62.00 | 129.00 | 231.00 | 327.00 | 368.00 | 479.00 | 470.00 | 395.00 | 362.00 | 835.00 | 740.00 | 1,230.00 | 937.00 | |
| Other WC | 119.00 | 103.00 | 190.00 | 251.00 | 295.00 | 387.00 | 416.00 | 592.00 | 393.00 | 504.00 | 536.00 | 858.00 | 980.00 | 1,570.00 | 1,201.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -815.00 | -529.00 | -8.00 | -304.00 | -509.00 | -311.00 | -624.00 | -456.00 | -558.00 | -451.00 | -679.00 | -560.00 | -1,057.00 | -933.00 | -1,608.00 | |
| Capital Expenditure | -42.00 | -17.00 | -7.00 | -6.00 | -7.00 | -9.00 | -10.00 | -13.00 | -16.00 | -20.00 | -24.00 | -20.00 | -15.00 | -15.00 | -18.00 | |
| Purchases of Investments | -2,931.00 | -1,879.00 | -1,424.00 | -1,586.00 | -1,641.00 | -1,695.00 | -2,214.00 | -2,447.00 | -2,251.00 | -1,989.00 | -2,196.00 | -2,131.00 | -2,701.00 | -2,468.00 | -2,917.00 | |
| Sale/Maturity of Investment | 2,171.00 | 1,365.00 | 1,418.00 | 1,287.00 | 1,148.00 | 1,380.00 | 1,584.00 | 1,991.00 | 1,718.00 | 1,566.00 | 1,546.00 | 1,606.00 | 1,661.00 | 1,543.00 | 1,342.00 | |
| Property, Plant, Equipment (P&PE) | -42.00 | -17.00 | -7.00 | -6.00 | -7.00 | -9.00 | -10.00 | -13.00 | -16.00 | -20.00 | -24.00 | -20.00 | -15.00 | -15.00 | -18.00 | |
| Acquisitions (Net) | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other Investing Activities | -13.00 | 2.00 | 5.00 | 1.00 | -9.00 | 13.00 | 16.00 | 13.00 | -9.00 | -8.00 | -5.00 | -15.00 | -2.00 | 7.00 | -15.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -162.00 | -174.00 | -186.00 | -285.00 | -341.00 | -404.00 | -487.00 | -414.00 | -614.00 | -603.00 | -546.00 | -798.00 | -685.00 | -994.00 | -801.00 | |
| Debt Repayment | - - | - - | - - | - - | - - | - - | -14.00 | -15.00 | -4.00 | - - | -7.00 | -15.00 | -13.00 | -4.00 | -25.00 | |
| Dividends Paid | -249.00 | -252.00 | -255.00 | -256.00 | -263.00 | -278.00 | -366.00 | -306.00 | -400.00 | -336.00 | -355.00 | -375.00 | -395.00 | -423.00 | -454.00 | |
|
Common Stock
|
- - | 10 | 32 | - - | 52 | 21 | 77 | 60 | 105 | 125 | 78 | 268 | 157 | 420 | 76 | |
| Issued | - - | - - | - - | - - | - - | - - | 24.00 | 21.00 | 13.00 | - - | 11.00 | 7.00 | 13.00 | 10.00 | 9.00 | |
| Repurchased | - - | -10.00 | -32.00 | - - | -52.00 | -21.00 | -53.00 | -39.00 | -92.00 | -125.00 | -67.00 | -261.00 | -144.00 | -410.00 | -67.00 | |
| Other Financing Activities | 87.00 | 88.00 | 101.00 | -29.00 | -26.00 | -105.00 | -78.00 | -75.00 | -122.00 | -142.00 | -128.00 | -154.00 | -146.00 | -167.00 | -280.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 1,009.00 | 557.00 | 385.00 | 438.00 | 487.00 | 433.00 | 591.00 | 544.00 | 777.00 | 657.00 | 784.00 | 767.00 | 900.00 | 1,139.00 | 1,264.00 | |
| End of Period | 557.00 | 385.00 | 438.00 | 487.00 | 433.00 | 591.00 | 544.00 | 777.00 | 657.00 | 784.00 | 767.00 | 900.00 | 1,139.00 | 1,264.00 | 907.00 | |
| Change | -452.00 | -172.00 | 53.00 | 49.00 | -54.00 | 158.00 | -47.00 | 233.00 | -120.00 | 127.00 | -17.00 | 133.00 | 239.00 | 125.00 | -357.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 38.00 | 41.00 | 42.00 | 44.00 | 50.00 | 51.00 | 52.00 | 48.00 | 55.00 | 63.00 | 72.00 | 81.00 | 93.00 | 127.00 | 112.00 | |
| Stock Based Compensation | 10.00 | 11.00 | 13.00 | 16.00 | 18.00 | 19.00 | 20.00 | 23.00 | 26.00 | 28.00 | 30.00 | 31.00 | 33.00 | 36.00 | 40.00 | |
| Other | -293.00 | -111.00 | -19.00 | 2.00 | -39.00 | -86.00 | -26.00 | -76.00 | -100.00 | 455.00 | -1,596.00 | -808.00 | -2,308.00 | 1,509.00 | -1,082.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 483.00 | 514.00 | 240.00 | 632.00 | 789.00 | 864.00 | 1,054.00 | 1,090.00 | 1,036.00 | 1,161.00 | 1,184.00 | 1,471.00 | 1,966.00 | 2,037.00 | 2,034.00 | |
| Cash Conversion Cycle (CCC) | 100.00 | 105.00 | 111.00 | 179.00 | 169.00 | 158.00 | 153.00 | 151.00 | 141.00 | 157.00 | -50,869.00 | -65,554.00 | -75,282.00 | -71,980.00 | -266,189.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - |