F&G Annuities & Life, Inc.
F&G Annuities & Life, Inc. provides fixed annuities and life insurance products. It serves retail annuity and life customers, as well as institutional clients. The company was founded in 1959 and is headquartered in Des Moines, Iowa.
Insurance - Life
US, Des Moines [HQ]
Cash Flow Statements
5 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Cash Flow (OCF) | 652.00 | 63.00 | 1,871.00 | 3,171.00 | 6,174.00 | |
| Operating Cash (Net) | 652.00 | 63.00 | 1,871.00 | 3,171.00 | 6,174.00 | |
| Accounts Receivable | 7.00 | - - | 94.00 | 21.00 | 94.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | |
|
Working Capital
|
- - | - - | - - | - - | - - | |
| Change | 190.00 | -12.00 | 1,785.00 | 2,910.00 | 5,292.00 | |
| Other WC | 183.00 | -12.00 | 1,691.00 | 2,889.00 | 5,198.00 | |
| Investing Activities | ||||||
| Used Cash (Net) | -1,530.00 | -2,589.00 | -6,862.00 | -9,370.00 | -9,258.00 | |
| Capital Expenditure | -15.00 | -28.00 | -33.00 | -32.00 | -27.00 | |
| Purchases of Investments | -5,828.00 | - - | -14,577.00 | -14,098.00 | -14,510.00 | |
| Sale/Maturity of Investment | 4,851.00 | - - | 9,351.00 | 5,429.00 | 5,279.00 | |
| Property, Plant, Equipment (P&PE) | -15.00 | -28.00 | -33.00 | -32.00 | -27.00 | |
| Acquisitions (Net) | -588.00 | - - | -1,753.00 | -982.00 | -1,137.00 | |
| Other Investing Activities | 50.00 | -2,561.00 | 150.00 | 313.00 | 1,137.00 | |
| Financing Activities | ||||||
| Used Cash (Net) | -1,291.00 | -2,517.00 | -5,635.00 | -5,626.00 | -3,687.00 | |
| Debt Repayment | - - | - - | -400.00 | -546.00 | -660.00 | |
| Dividends Paid | -9.00 | - - | - - | - - | -101.00 | |
|
Common Stock
|
65 | - - | - - | - - | 18 | |
| Issued | - - | - - | - - | - - | - - | |
| Repurchased | -65.00 | - - | - - | - - | -18.00 | |
| Other Financing Activities | 1,365.00 | 2,517.00 | 6,035.00 | 6,172.00 | 3,146.00 | |
| Cash Balances | ||||||
| Begin of Period | 522.00 | 935.00 | 889.00 | 1,533.00 | 960.00 | |
| End of Period | 935.00 | 1,753.00 | 1,533.00 | 960.00 | 1,563.00 | |
| Change | 413.00 | 818.00 | 644.00 | -573.00 | 603.00 | |
| Non-Cash Balances | ||||||
| Depreciation and Amortization | 128.00 | -13.00 | 484.00 | 329.00 | 30.00 | |
| Stock Based Compensation | 4.00 | 7.00 | 9.00 | 12.00 | 23.00 | |
| Other | -124.00 | 259.00 | -180.00 | -561.00 | 970.00 | |
| Highlighted metrics | ||||||
| Free Cash Flow (FCF) | 637.00 | 35.00 | 1,838.00 | 3,139.00 | 6,147.00 | |
| Cash Conversion Cycle (CCC) | - - | - - | - - | -9,461.00 | -253,066.00 | |
| Invested Capital | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||
| Forex Effect on Cash | - - | 827.00 | - - | - - | - - |