Federal Life Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2018	FY 2017	FY 2016
Period Ending	Jun '19 Jun 30, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Net Income	-4.36	-4.83	-1.91	-2
Depreciation & Amortization	0.19	0.23	0.27	0.26
Gain (Loss) on Sale of Investments	-1.24	-0.93	-2.27	-1.96
Stock-Based Compensation	0.33	0.03	-	-
Change in Accounts Receivable	0.32	0.04	0.04	-0.02
Reinsurance Recoverable	0.13	0.17	-1.62	-1.7
Change in Unearned Revenue	-0.31	-0.33	1.43	1.67
Change in Insurance Reserves / Liabilities	-3.17	-0.55	-1.05	0.35
Change in Other Net Operating Assets	-1	-0.64	-0.03	-1.03
Other Operating Activities	-0.5	-0.72	-0.87	-0.64
Operating Cash Flow	-9.63	-7.52	-6.02	-5.06
Capital Expenditures	-0.04	-0.1	-0.04	-0.11
Investment in Securities	-8.77	-2.93	-8.97	2
Other Investing Activities	-0.11	-0.01	-0.1	-0.08
Investing Cash Flow	-8.54	-2.87	-8.99	1.65
Long-Term Debt Issued	-	1.05	-	-
Net Debt Issued (Repaid)	1.05	1.05	-	-
Issuance of Common Stock	32.3	32.3	-	-
Other Financing Activities	0.04	0.04	-0.12	0.05
Financing Cash Flow	38.1	39.56	10.7	5.24
Net Cash Flow	19.93	29.17	-4.3	1.84
Free Cash Flow	-9.67	-7.62	-6.06	-5.17
Free Cash Flow Margin	-50.21%	-36.60%	-26.34%	-20.49%
Free Cash Flow Per Share	-2.74	-2.16	-1.72	-
Cash Interest Paid	0.01	0.01	-	-
Cash Income Tax Paid	0.02	0.02	0.03	-
Levered Free Cash Flow	-2.9	-3.2	-2.25	-
Unlevered Free Cash Flow	-2.9	-3.2	-2.25	-
Change in Net Working Capital	0.65	0.36	1.31	-

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