White Mountains Insurance Group, Ltd.
White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. The HG Global/BAM segm…
Insurance - Property & Casualty
BM, Hamilton [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) | -46.00 | 56.00 | -185.00 | -29.00 | -28.00 | 206.00 | 161.00 | -130.00 | -62.00 | -31.00 | -120.00 | -60.00 | 38.00 | 326.00 | 521.00 | |
| Operating Cash (Net) | -46.00 | 56.00 | -185.00 | -29.00 | -28.00 | 206.00 | 161.00 | -130.00 | -62.00 | -31.00 | -120.00 | -60.00 | 38.00 | 326.00 | 521.00 | |
| Accounts Receivable | - - | - - | - - | -36.00 | 37.00 | -181.00 | -2.00 | 6.00 | - - | -9.00 | - - | -3.00 | -201.00 | -215.00 | 86.00 | |
| Accounts Payable | - - | - - | -85.00 | 3.00 | -28.00 | 46.00 | -3.00 | - - | - - | - - | - - | 1.00 | -91.00 | -173.00 | -170.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -378.00 | -21.00 | -199.00 | -138.00 | -138.00 | 176.00 | 174.00 | -192.00 | 29.00 | 4.00 | 57.00 | 85.00 | 204.00 | 256.00 | 258.00 | |
| Other WC | -378.00 | -21.00 | -114.00 | 151.00 | 63.00 | 57.00 | 40.00 | -198.00 | 29.00 | 4.00 | 57.00 | 30.00 | 24.00 | 645.00 | -3.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | 365.00 | 485.00 | 590.00 | 633.00 | 329.00 | -40.00 | -20.00 | 1,055.00 | 715.00 | 459.00 | -59.00 | 64.00 | -208.00 | 108.00 | -591.00 | |
| Capital Expenditure | -11.00 | -7.00 | -5.00 | -2.00 | -13.00 | -11.00 | 117.00 | -4.00 | 195.00 | -34.00 | 29.00 | 69.00 | 106.00 | - - | - - | |
| Purchases of Investments | -3,940.00 | -5,175.00 | -3,512.00 | -6,272.00 | -4,600.00 | -5,992.00 | -2,355.00 | -6,450.00 | -3,330.00 | -1,394.00 | -746.00 | -648.00 | -1,638.00 | -1,713.00 | -1,467.00 | |
| Sale/Maturity of Investment | 4,317.00 | 5,484.00 | 4,130.00 | 7,056.00 | 4,901.00 | 6,135.00 | 2,218.00 | 5,356.00 | 2,761.00 | 2,159.00 | 942.00 | 1,417.00 | 713.00 | 387.00 | 723.00 | |
| Property, Plant, Equipment (P&PE) | -11.00 | -7.00 | -5.00 | -2.00 | -13.00 | -11.00 | 117.00 | -4.00 | 195.00 | -34.00 | 29.00 | 69.00 | 106.00 | - - | - - | |
| Acquisitions (Net) | -248.00 | 183.00 | -3.00 | -16.00 | 48.00 | -186.00 | 4.00 | 2,491.00 | 1,103.00 | -295.00 | -258.00 | -127.00 | -39.00 | 1,324.00 | 87.00 | |
| Other Investing Activities | 248.00 | 2,782.00 | -18.00 | -131.00 | -6.00 | 14.00 | -4.00 | -337.00 | -14.00 | 23.00 | -27.00 | -646.00 | 648.00 | 111.00 | 66.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -360.00 | -550.00 | -400.00 | -648.00 | -186.00 | -129.00 | -205.00 | -942.00 | -637.00 | -414.00 | -230.00 | -49.00 | -217.00 | -327.00 | -62.00 | |
| Debt Repayment | -313.00 | -211.00 | -161.00 | -350.00 | -275.00 | -1.00 | -95.00 | -404.00 | -365.00 | -15.00 | -22.00 | -4.00 | -154.00 | -56.00 | -13.00 | |
| Dividends Paid | -47.00 | -103.00 | -200.00 | -25.00 | -25.00 | -25.00 | -6.00 | -5.00 | -4.00 | -3.00 | -3.00 | -3.00 | -3.00 | -3.00 | -2.00 | |
|
Common Stock
|
1 | 236 | 253 | 1,086 | 274 | 193 | 450 | 896 | 1,135 | 596 | 125 | 163 | 536 | 690 | 32 | |
| Issued | - - | - - | - - | 417.00 | 194.00 | 63.00 | 178.00 | 3.00 | 421.00 | 84.00 | 62.00 | 84.00 | 436.00 | 74.00 | - - | |
| Repurchased | - - | -236.00 | -253.00 | -669.00 | -79.00 | -129.00 | -272.00 | -892.00 | -714.00 | -511.00 | -62.00 | -78.00 | -100.00 | -615.00 | -32.00 | |
| Other Financing Activities | -199.00 | -315.00 | 214.00 | -19.00 | -1.00 | -36.00 | -9.00 | 356.00 | 25.00 | 32.00 | 256.00 | 50.00 | 38.00 | 273.00 | -14.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 183.00 | 148.00 | 63.00 | 251.00 | 212.00 | 326.00 | 238.00 | 167.00 | 80.00 | 97.00 | 110.00 | 161.00 | 211.00 | 147.00 | 255.00 | |
| End of Period | 148.00 | 148.00 | 66.00 | 212.00 | 326.00 | 349.00 | 173.00 | 149.00 | 97.00 | 110.00 | 161.00 | 211.00 | 259.00 | 255.00 | 122.00 | |
| Change | -35.00 | - - | 3.00 | -39.00 | 114.00 | 22.00 | -64.00 | -17.00 | 16.00 | 13.00 | 50.00 | 50.00 | 48.00 | 107.00 | -132.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | - - | - - | - - | 50.00 | 28.00 | 69.00 | 67.00 | 64.00 | 22.00 | 25.00 | 29.00 | 43.00 | 63.00 | 4.00 | -17.00 | |
| Stock Based Compensation | - - | - - | - - | 39.00 | 65.00 | 37.00 | 59.00 | 43.00 | 14.00 | 13.00 | 10.00 | 16.00 | 14.00 | 14.00 | 15.00 | |
| Other | -420.00 | -118.00 | 6.00 | -91.00 | -239.00 | 3.00 | -98.00 | - - | -153.00 | 108.00 | -619.00 | -832.00 | 48.00 | -674.00 | -256.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | -58.00 | 48.00 | -190.00 | -31.00 | -41.00 | 195.00 | 278.00 | -134.00 | 133.00 | -65.00 | -91.00 | 9.00 | 145.00 | 326.00 | 521.00 | |
| Cash Conversion Cycle (CCC) | - - | - - | - - | - - | - - | - - | - - | - - | -1,224.00 | -818.00 | -36,453.00 | -43,417.00 | -8,087.00 | -586.00 | -24,676.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 6.00 | 8.00 | -1.00 | 3.00 | - - | -14.00 | - - | - - | - - | - - | - - | -2.00 | - - | - - | -132.00 |