CNO Financial Group, Inc. (CNO)

CNO Financial Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	404	276.5	630.6	570.3	301.8
Depreciation & Amortization	292.4	267.4	248.5	236.6	303.9
Gain (Loss) on Sale of Investments	49.9	69	135.4	-19.1	36.2
Change in Insurance Reserves / Liabilities	556.3	449.7	-374.7	269	397.6
Change in Other Net Operating Assets	-334	-170.7	138.7	-347.6	-125.2
Other Operating Activities	104.8	68.9	52.9	193.3	97
Operating Cash Flow	627.7	582.9	495.4	598.3	735.5
Operating Cash Flow Growth	7.69%	17.66%	-17.20%	-18.65%	5.57%
Investment in Securities	-1,475	-835.7	-1,720	-1,451	-568.6
Other Investing Activities	-13.5	-36.6	-61.2	-75.3	-39.8
Investing Cash Flow	-1,489	-872.3	-1,781	-1,526	-608.4
Long-Term Debt Issued	1,579	995.5	285	795.8	643.8
Total Debt Repaid	-1,209	-730.6	-405.7	-727.8	-501.9
Net Debt Issued (Repaid)	370	264.9	-120.7	68	141.9
Issuance of Common Stock	11.2	13.2	13.5	21.5	19
Repurchases of Common Stock	-300.2	-166.1	-190.1	-407.8	-268.3
Common Dividends Paid	-67.7	-68.1	-64.8	-65.7	-67
Other Financing Activities	-14.4	74.1	-	-1	-
Financing Cash Flow	1,970	533.5	1,199	667.6	210.1
Net Cash Flow	1,109	244.1	-86.8	-260.2	337.2
Free Cash Flow	627.7	582.9	495.4	598.3	735.5
Free Cash Flow Growth	7.69%	17.66%	-17.20%	-18.65%	5.57%
Free Cash Flow Margin	14.11%	14.06%	13.85%	14.51%	19.25%
Free Cash Flow Per Share	5.81	5.06	4.21	4.56	5.14
Cash Interest Paid	259.2	232.5	120.9	92.8	111.2
Cash Income Tax Paid	55.1	59.1	33.9	-19.8	28.4
Levered Free Cash Flow	537.04	507.3	236.31	985.49	788.39
Unlevered Free Cash Flow	696.04	656.43	321.94	1,045	856.39
Change in Net Working Capital	101.7	5.3	546.2	-265.5	-245.5

Source: S&P Capital IQ. Insurance template. Financial Sources.