W. R. Berkley Corporation
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess.
Insurance - Property & Casualty
US, Greenwich [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) | 316.00 | 451.00 | 670.00 | 675.00 | 819.00 | 734.00 | 881.00 | 848.00 | 710.00 | 620.00 | 1,143.00 | 1,616.00 | 2,183.00 | 2,568.00 | 2,983.00 | |
| Operating Cash (Net) | 316.00 | 451.00 | 670.00 | 675.00 | 819.00 | 734.00 | 881.00 | 848.00 | 710.00 | 620.00 | 1,143.00 | 1,616.00 | 2,183.00 | 2,568.00 | 2,983.00 | |
| Accounts Receivable | - - | - - | -122.00 | -228.00 | -138.00 | -104.00 | -60.00 | -60.00 | -67.00 | -43.00 | -189.00 | -173.00 | -364.00 | -268.00 | -334.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -311.00 | -78.00 | 284.00 | 322.00 | 376.00 | 354.00 | 414.00 | 487.00 | 409.00 | 67.00 | 487.00 | 1,056.00 | 1,287.00 | 1,425.00 | 1,633.00 | |
| Other WC | -311.00 | -78.00 | 406.00 | 550.00 | 514.00 | 459.00 | 475.00 | 548.00 | 477.00 | 111.00 | 676.00 | 1,229.00 | 1,651.00 | 1,694.00 | 1,967.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -1,116.00 | 37.00 | -204.00 | -775.00 | -545.00 | -808.00 | -170.00 | -794.00 | -333.00 | -714.00 | -424.00 | 119.00 | -2,989.00 | -1,891.00 | -1,961.00 | |
| Capital Expenditure | -30.00 | -49.00 | -45.00 | -40.00 | -63.00 | -41.00 | -63.00 | -50.00 | -115.00 | -49.00 | -60.00 | -38.00 | -66.00 | -52.00 | -53.00 | |
| Purchases of Investments | -5,042.00 | -3,050.00 | -2,913.00 | -3,901.00 | -4,354.00 | -4,323.00 | -4,484.00 | -5,743.00 | -7,968.00 | -6,763.00 | -5,525.00 | -7,807.00 | -11,181.00 | -8,377.00 | -6,777.00 | |
| Sale/Maturity of Investment | 3,983.00 | 3,114.00 | 3,150.00 | 3,539.00 | 4,330.00 | 3,352.00 | 4,403.00 | 4,772.00 | 7,787.00 | 6,699.00 | 5,107.00 | 7,811.00 | 8,036.00 | 5,771.00 | 4,836.00 | |
| Property, Plant, Equipment (P&PE) | -30.00 | -49.00 | -45.00 | -40.00 | -63.00 | -41.00 | -63.00 | -50.00 | -115.00 | -49.00 | -60.00 | -38.00 | -66.00 | -52.00 | -53.00 | |
| Acquisitions (Net) | -33.00 | - - | -261.00 | -42.00 | -56.00 | -49.00 | -7.00 | 196.00 | -70.00 | 2.00 | 51.00 | 180.00 | 240.00 | 857.00 | 85.00 | |
| Other Investing Activities | 7.00 | 23.00 | -134.00 | -329.00 | -401.00 | 254.00 | -18.00 | 30.00 | 34.00 | -602.00 | 2.00 | -26.00 | -17.00 | -90.00 | -53.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -173.00 | -359.00 | -195.00 | -97.00 | -330.00 | -69.00 | -555.00 | -6.00 | -235.00 | -7.00 | -513.00 | -397.00 | -5.00 | -771.00 | -1,062.00 | |
| Debt Repayment | -11.00 | -171.00 | -1.00 | - - | -465.00 | -3.00 | -281.00 | -75.00 | - - | -4.00 | -456.00 | -652.00 | -504.00 | -429.00 | - - | |
| Dividends Paid | -28.00 | -49.00 | -43.00 | -183.00 | -52.00 | -181.00 | -58.00 | -183.00 | -188.00 | -254.00 | -308.00 | -84.00 | -355.00 | -235.00 | -501.00 | |
|
Common Stock
|
507 | 797 | 209 | 127 | 513 | 592 | 232 | 521 | 54 | 319 | 309 | 1,087 | 1,156 | 94 | 537 | |
| Issued | 360.00 | 326.00 | 21.00 | - - | 346.00 | 354.00 | 9.00 | 388.00 | 6.00 | 294.00 | 290.00 | 741.00 | 1,034.00 | - - | - - | |
| Repurchased | -147.00 | -471.00 | -187.00 | -127.00 | -166.00 | -238.00 | -223.00 | -132.00 | -47.00 | -24.00 | -18.00 | -346.00 | -122.00 | -94.00 | -537.00 | |
| Other Financing Activities | - - | 6.00 | 14.00 | 408.00 | 7.00 | - - | -1.00 | -3.00 | -6.00 | -17.00 | -21.00 | -56.00 | -45.00 | -12.00 | -22.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 1,134.00 | 515.00 | 642.00 | 911.00 | 905.00 | 839.00 | 674.00 | 763.00 | 795.00 | 950.00 | 817.00 | 1,023.00 | 2,372.00 | 1,568.00 | 1,449.00 | |
| End of Period | 515.00 | 642.00 | 911.00 | 905.00 | 839.00 | 674.00 | 763.00 | 795.00 | 950.00 | 817.00 | 1,023.00 | 2,372.00 | 1,568.00 | 1,449.00 | 1,363.00 | |
| Change | -619.00 | 127.00 | 268.00 | -6.00 | -65.00 | -165.00 | 89.00 | 31.00 | 155.00 | -132.00 | 206.00 | 1,348.00 | -803.00 | -119.00 | -86.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 78.00 | 82.00 | 88.00 | 103.00 | 103.00 | 88.00 | 85.00 | 86.00 | 112.00 | 131.00 | 113.00 | 135.00 | 129.00 | 55.00 | -20.00 | |
| Stock Based Compensation | 24.00 | 27.00 | 27.00 | 26.00 | 23.00 | 28.00 | 32.00 | 37.00 | 40.00 | 36.00 | 49.00 | 49.00 | 46.00 | 49.00 | 51.00 | |
| Other | - - | 26.00 | -168.00 | -300.00 | -240.00 | -416.00 | -201.00 | -373.00 | -384.00 | -180.00 | 2.00 | 2.00 | 8.00 | -278.00 | -34.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 285.00 | 401.00 | 624.00 | 634.00 | 756.00 | 692.00 | 817.00 | 797.00 | 595.00 | 570.00 | 1,083.00 | 1,578.00 | 2,117.00 | 2,515.00 | 2,930.00 | |
| Cash Conversion Cycle (CCC) | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 96.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 7.00 | -2.00 | -2.00 | -3.00 | -10.00 | -22.00 | -66.00 | -15.00 | 12.00 | -31.00 | - - | 10.00 | -4.00 | -24.00 | 9.00 |