Lancashire Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	312.8	284	329	330.8	-19.4	-60
Depreciation & Amortization	11	10.3	7.5	4.5	3.1	3.3
Stock-Based Compensation	24.8	23.5	19	15.2	8.6	11.1
Other Adjustments	-141.7	-184.7	-151.5	-143.5	97.6	8.7
Changes in Other Operating Activities	129.3	189.2	369.8	234.9	233.9	280.7
Operating Cash Flow	346.5	322.3	573.8	441.9	323.8	243.8
Operating Cash Flow Growth	7.51%	-43.83%	29.85%	36.47%	32.81%	201.36%
Capital Expenditures	-3.7	-2.3	-1.5	-9.6	-0.7	-0.7
Purchases of Intangible Assets	-0.1	-69.3	-17.1	-10.3	-14.5	-3.4
Purchases of Investments	-1,503	-1,656	-1,786	-1,057	-1,130	-1,349
Proceeds from Sale of Investments	1,498	1,425	1,394	866.1	845.5	1,119
Other Investing Activities	165.6	168.9	158.5	156.9	105	47.3
Investing Cash Flow	19.3	-133.6	-251.9	-54.3	-194.9	-186.8
Long-Term Debt Issued	-	-	-	-	-	445.4
Long-Term Debt Repaid	-6.1	-6	-4	-3.8	-3.6	-343.6
Net Long-Term Debt Issued (Repaid)	-6.1	-6	-4	-3.8	-3.6	101.8
Repurchase of Common Stock	-	-	-	-	-23.3	-6.9
Net Common Stock Issued (Repurchased)	-	-	-	-	-23.3	-6.9
Common Dividends Paid	-357.1	-296.5	-354.2	-155.3	-36.2	-36.4
Other Financing Activities	-33.8	-30.9	-27.9	-26.3	-27.7	-25.7
Financing Cash Flow	-406.9	-333.4	-386.1	-185.4	-90.8	32.8
Foreign Exchange Rate Adjustments	-2	21.8	-8.4	5.9	-7	-4.5
Net Cash Flow	-41.1	-144.7	-64.2	202.2	38.1	89.8
Free Cash Flow	342.8	320	572.3	432.3	323.1	243.1
Free Cash Flow Growth	7.12%	-44.09%	32.39%	33.80%	32.91%	200.49%
FCF Margin	22.45%	20.46%	39.46%	36.03%	40.80%	32.53%
Free Cash Flow Per Share	1.36	1.28	2.32	1.77	1.33	0.99
Levered Free Cash Flow	456.4	484.6	693.1	547.5	217.2	322.9
Unlevered Free Cash Flow	826.47	849.72	986.05	818.78	366.84	271.37