White Mountains Insurance Group, Ltd. (WTM)

WTM Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	509.2	792.8	-275.4	708.7	414.5
Depreciation & Amortization	-17.8	4.3	21.6	9.6	29.8
Share-Based Compensation	15.3	14	14.7	16.6	10.5
Other Operating Activities	-102.6	-446.1	277.7	-795.5	-575.3
Operating Cash Flow	404.1	365	38.6	-60.6	-120.5
Operating Cash Flow Growth	10.71%	845.60%	-	-	-
Acquisitions	278.9	1,324	833.7	132.5	-258
Change in Investments	-819.4	-1,211.3	-989.3	52.9	225.4
Other Investing Activities	-3.4	2.7	-52.7	-120.8	-27.3
Investing Cash Flow	-543.9	115.5	-208.3	64.6	-59.9
Dividends Paid	-2.6	-3	-3.1	-3.2	-3.2
Share Issuance / Repurchase	-32.7	-615.8	-107.5	-85.2	0
Debt Issued / Paid	-13.3	157.1	281.6	30.3	183.5
Other Financing Activities	55.8	116.8	46.6	107.1	50.2
Financing Cash Flow	7.2	-344.9	217.6	49	230.5
Exchange Rate Effect	0	0	0	0	0.6
Net Cash Flow	-132.6	107.3	63.1	13.6	50.7
Free Cash Flow	404.1	365	38.6	-60.6	-120.5
Free Cash Flow Growth	10.71%	845.60%	-	-	-
Free Cash Flow Margin	18.65%	31.52%	6.28%	-6.77%	-13.49%
Free Cash Flow Per Share	157.82	141.68	12.79	-19.54	-37.83

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).