Kinsale Capital Group, Inc. (FRA:KCH)

Kinsale Capital Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	414.84	308.09	159.11	152.66
Depreciation & Amortization	5.8	3.27	2.72	2.31
Gain (Loss) on Sale of Investments	-50.72	-21.13	26.9	-25.64
Stock-Based Compensation	14.15	9.36	6.68	4.84
Change in Accounts Receivable	3.19	-37.46	-34.75	-22.36
Change in Accounts Payable	8.94	12.52	8.11	10.1
Change in Unearned Revenue	127.1	201.67	151.95	86.74
Change in Income Taxes	-0.36	0.74	7.52	-3.88
Change in Insurance Reserves / Liabilities	592.79	454.47	357.06	245.33
Change in Other Net Operating Assets	-114.72	-35.48	-93.66	-32.43
Other Operating Activities	-3.83	-9.43	-14.19	-0.58
Operating Cash Flow	976.3	859.84	557.82	407.04
Operating Cash Flow Growth	13.54%	54.14%	37.04%	45.39%
Capital Expenditures	-23.94	-6.61	-6.9	-5.92
Investment in Securities	-935.87	-914.21	-625.05	-346.04
Investing Cash Flow	-960.13	-860.89	-708.57	-351.96
Long-Term Debt Issued	-	50	198	-
Total Debt Repaid	-	-62	-43	-
Net Debt Issued (Repaid)	-	-12	155	-
Issuance of Common Stock	1.33	0.88	48.59	0.98
Repurchases of Common Stock	-17.05	-4.28	-3.29	-2.1
Common Dividends Paid	-13.94	-12.95	-11.93	-10.02
Other Financing Activities	-	-0.16	-2.38	-
Financing Cash Flow	-29.66	-28.52	185.99	-11.14
Net Cash Flow	-13.48	-29.58	35.23	43.95
Free Cash Flow	952.36	853.23	550.91	401.12
Free Cash Flow Growth	11.62%	54.87%	37.34%	62.33%
Free Cash Flow Margin	59.99%	69.68%	65.68%	61.38%
Free Cash Flow Per Share	40.82	36.61	23.82	17.39
Cash Interest Paid	10.3	10.5	2.4	0.9
Cash Income Tax Paid	104.1	84.6	43.1	40.6
Levered Free Cash Flow	940.84	906.17	471.79	422.31
Unlevered Free Cash Flow	947.17	912.61	474.47	422.93
Change in Working Capital	596.06	569.67	376.6	273.45

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