Enact Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	688.07	665.51	704.16	546.69
Other Amortization	11.61	13.24	14.82	16.96
Gain (Loss) on Sale of Investments	11.2	7.49	-1.13	-6.37
Stock-Based Compensation	18.77	15.28	9.88	1.5
Change in Accounts Receivable	-7.96	-3.33	0.53	4.2
Change in Unearned Revenue	-34.65	-53.39	-43.6	-60.63
Change in Insurance Reserves / Liabilities	6.52	-0.82	-122.32	85.65
Change in Other Net Operating Assets	-16.95	-4.01	7.17	-8.1
Other Operating Activities	9.64	-7.94	-9	-7.78
Operating Cash Flow	686.26	632.04	560.51	572.11
Operating Cash Flow Growth	8.58%	12.76%	-2.03%	-18.77%
Investment in Securities	-304.92	-215.48	-220.26	-398.78
Other Investing Activities	-15.59	-13.93	-	-
Investing Cash Flow	-320.51	-229.4	-220.26	-398.78
Long-Term Debt Issued	749.65	-	-	-
Total Debt Repaid	-757.5	-	-	-
Net Debt Issued (Repaid)	-7.85	-	-	-
Repurchases of Common Stock	-243.97	-87.76	-1.53	-
Common Dividends Paid	-111.72	-212.96	-250.78	-200.29
Other Financing Activities	-18.46	-	-	-
Financing Cash Flow	-382	-300.73	-252.31	-200.29
Net Cash Flow	-16.25	101.91	87.95	-26.97
Cash Interest Paid	62.95	49.18	49.09	47.94
Cash Income Tax Paid	188.54	181.97	186.15	145.95
Levered Free Cash Flow	1,077	486.82	547.55	395.3
Unlevered Free Cash Flow	1,107	516.66	577.45	424.93
Change in Working Capital	-53.03	-61.54	-158.23	21.12

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.