American National Insurance Co ANAT Cash Flow

American national insurance co (ANAT)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
OPERATING ACTIVITIES
Net income (loss)
154,313	631,777	342,946	412,844	399,031	160,422	622,275	523,037	474,674	495,607	211,795	196,854	193,343	182,667	182,964	166,167	168,638	242,376	250,353	275,304	297,581	246,826	243,547	258,957	262,504	270,414	270,694	246,304	207,159	192,258	182,160	180,521	189,569	191,803	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Net realized investment gains
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Investments, Excluding Other than Temporary Impairments
-	-	-	-	-	-	-	85,237	91,631	104,595	67,736	55,988	51,553	46,607	61,996	47,343	57,145	87,385	84,112	75,935	60,918	48,062	44,219	88,663	132,052	124,144	151,346	134,456	99,455	90,725	84,733	75,359	88,146	100,369	0	0	0
Investment credit loss
51,646	6,968	8,211	8,211	1,243	1,243	1,649	5,134	6,603	13,386	16,463	18,892	20,974	17,667	17,979	31,472	31,393	27,942	26,499	8,700	5,690	6,640	4,133	2,837	3,979	4,591	3,947	17,610	21,267	22,517	0	0	0	-	-	-	-
Accretion of premiums, discounts and loan origination fees
450	4,394	5,722	3,974	5,937	6,163	2,078	1,376	1,672	2,008	5,858	10,019	5,748	2,926	643	-3,328	-1,885	-2,701	-3,021	-2,756	-4,871	-7,294	-7,908	-10,209	-9,063	-6,052	-4,651	2,544	3,029	1,528	3,084	-2,204	-4,061	-5,010	0	0	0
Net capitalized interest on policy loans and mortgage loans
30,338	34,081	35,731	37,104	38,548	39,262	36,583	34,996	34,991	32,551	34,687	36,877	34,361	32,813	31,404	29,738	30,472	31,360	31,434	31,522	31,532	32,122	31,892	31,156	28,725	28,060	24,579	25,761	27,333	27,058	31,740	30,920	31,069	30,517	0	0	0
Depreciation
51,934	53,160	53,568	56,887	52,897	52,049	52,047	51,683	51,948	53,937	49,598	48,470	47,507	45,278	44,719	46,749	42,429	40,573	44,658	44,209	41,960	38,414	32,724	29,077	30,074	31,176	33,749	32,991	36,171	36,573	37,936	38,309	39,050	40,407	0	0	0
Interest credited to policyholders’ account balances
366,442	511,999	377,693	404,329	386,373	315,684	429,629	400,910	389,727	415,190	376,624	359,898	351,251	331,770	341,388	310,924	294,238	293,464	297,017	323,254	345,833	353,492	375,316	390,432	398,408	426,102	401,801	411,008	402,257	416,015	440,692	415,436	423,556	405,083	0	0	0
Charges to policyholders’ account balances
310,613	305,256	298,410	292,466	288,458	285,549	278,285	261,475	256,413	248,526	296,392	306,572	305,985	306,880	268,919	264,980	257,088	250,265	232,605	227,589	225,851	224,254	224,355	222,075	216,153	210,224	204,905	201,273	200,352	198,401	194,040	191,047	188,410	189,494	0	0	0
Deferred federal income tax expense (benefit)
-61,383	78,385	-12,012	29,102	27,704	-22,599	-110,845	-155,798	-153,741	-142,096	96,820	113,466	107,377	93,082	41,033	-1,719	87	9,741	11,796	25,654	20,238	19,067	36,077	33,340	37,051	34,277	32,537	41,073	20,104	23,447	12,388	11,121	20,895	13,266	0	0	0
Deferral of policy acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Amortization of deferred policy acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Equity in earnings of unconsolidated affiliates
78,748	103,501	104,701	72,655	62,286	21,281	61,379	70,737	76,629	86,674	62,135	76,278	65,763	57,200	43,288	23,097	21,761	77,408	75,898	59,005	71,340	14,694	18,426	19,101	7,380	16,019	8,331	7,315	6,553	-3,905	-4,950	-978	-3,391	351	0	0	0
Distributions from unconsolidated affiliates
0	-	0	0	0	-	0	0	21,376	-	1,402	1,376	1,189	1,096	1,097	1,032	937	819	5,056	-17,587	2,697	5,186	2,472	27,977	13,646	20,718	22,910	22,131	22,932	15,259	0	0	0	-	-	-	0
Changes in:
Policyholder liabilities
95,601	145,396	174,821	203,592	288,969	288,065	328,928	376,606	326,295	320,743	288,661	295,184	266,534	282,159	370,776	288,626	257,213	259,645	190,104	144,703	163,271	200,718	214,011	229,812	167,332	96,435	31,179	3,803	77,329	62,272	92,361	66,851	81,900	134,966	0	0	0
Deferred policy acquisition costs
7,790	12,749	48,012	58,354	61,162	71,497	57,953	81,384	88,963	81,484	41,547	14,866	3,742	-1,152	33,401	40,025	22,840	11,785	6,368	-16,600	-9,616	-9,578	-21,121	-17,586	-24,925	-29,835	0	0	0	-	-	-	-	-	-	-	-
Reinsurance recoverables
-14,277	-15,645	-25,332	1,020	7,095	8,886	51,353	58,652	40,259	16,880	-14,212	13,384	-13,987	-12,172	12,071	-45,418	-29,339	-14,773	388	-4,206	5,565	13,911	9,665	20,752	3,010	-4,000	12,401	4,160	27,100	13,710	-23,540	-45,579	10,050	49,845	0	0	0
Premiums due and other receivables
33,473	-3,780	-15,923	2,993	14,718	31,360	44,218	36,552	18,435	19,445	26,658	4,865	22,840	11,691	7,230	6,074	-4,422	5,512	7,809	24,786	20,471	1,184	-14,576	-16,437	-11,366	-3,517	1,235	4,126	-295	5,008	6,992	-4,159	-31,947	-7,153	0	0	0
Prepaid reinsurance premiums
-13,289	-8,952	-4,899	-4,795	-9,896	-10,003	-9,488	-8,272	-794	599	-3,498	2,061	-3,038	-14,881	-1,958	-4,879	10,643	21,887	15,300	12,288	486	-1,850	3,800	1,816	1,603	1,043	-9,536	-11,955	-14,256	-11,959	-11,811	-10,707	-9,683	-6,757	0	0	0
Accrued investment income
6,431	12,227	5,239	6,346	-7,954	960	2,502	11,516	13,471	7,347	3,576	2,498	9,696	2,849	-1,838	919	-13,729	-8,470	-16,379	-19,100	-20,429	-8,887	-5,125	-4,196	-3,967	-12,484	-14,177	-11,705	-8,329	-6,670	-573	-710	13,738	12,698	0	0	0
Current tax receivable/payable
-24,226	-18,893	-28,526	-2,085	-15,153	-35,315	2,865	-68,102	-57,733	-17,252	-12,122	27,407	47,815	57,332	59,582	48,205	41,072	-4,578	-12,011	-24,682	-33,842	-9,838	20,800	11,191	4,390	3,929	-11,691	3,987	481	-2,572	-6,664	-13,289	11,810	8,571	0	0	0
Liability for retirement benefits
-10,349	-8,454	-9,469	-69,252	-68,235	-69,762	-69,442	-13,858	-13,272	-14,127	-50,553	-48,220	-51,724	-53,979	-33,631	-34,617	-41,404	-31,435	-10,795	-9,245	-1,882	-19,084	-16,783	-11,829	-6,884	8,763	-7,106	-9,061	-10,661	-13,082	-686	-6,276	-5,969	-6,700	0	0	0
Fair value of option securities
-29,600	144,978	-17,462	27,123	25,698	-54,951	91,833	64,697	53,157	90,357	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of equity securities
-116,417	422,535	24,351	142,257	132,359	-107,188	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
3,943	-5,503	42,434	8,315	-33,641	-24,630	-18,162	36,271	13,764	-4,958	-46,446	-28,684	-26,307	-20,331	15,319	-54,563	-11,816	22,421	-50,646	-10,058	34,527	-2,306	22,086	56,938	-51,425	19,837	-41,835	-13,496	-523	109	59,884	-386	64,431	-37,968	0	0	0
Net cash provided by operating activities
450,794	506,412	526,164	473,159	543,103	495,510	489,106	518,263	505,922	495,925	443,178	402,194	380,845	401,577	450,102	470,275	387,535	379,458	442,831	441,269	493,456	556,785	564,984	557,339	613,543	545,108	508,819	459,311	478,269	476,741	508,144	538,845	404,088	439,508	0	0	0
INVESTING ACTIVITIES
Proceeds from sale/maturity/prepayment of:
Held-to-maturity securities
1,140,148	864,481	639,340	534,274	561,954	629,359	786,935	867,119	843,119	893,977	727,730	676,909	577,983	491,478	607,574	767,653	948,229	1,150,650	1,124,403	935,621	804,423	661,125	853,411	1,202,308	1,347,750	1,619,721	1,594,881	1,420,533	1,406,935	1,361,673	1,308,401	1,091,388	950,697	811,674	0	0	0
Available-for-sale securities
701,010	500,724	432,632	339,074	395,899	451,292	510,627	485,947	501,699	489,902	281,305	361,905	345,563	348,317	588,540	538,065	574,406	574,391	585,297	699,820	738,941	910,691	917,869	945,019	964,326	914,813	0	0	0	-	-	-	-	-	-	-	-
Equity securities
265,952	294,798	229,141	339,765	264,526	214,737	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Bonds-available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Investment real estate
65,937	66,725	64,459	6,713	9,065	11,577	32,059	38,255	67,580	67,227	0	0	0	-	-	-	-	19,788	31,434	51,165	46,201	63,030	45,843	31,582	103,424	84,371	0	0	0	-	-	-	-	91,679	0	0	0
Mortgage loans
672,266	837,732	971,648	998,854	993,733	812,239	846,387	710,211	796,978	811,049	622,274	702,460	565,379	587,355	600,917	641,729	795,122	836,443	818,024	706,810	688,948	606,738	733,220	805,826	732,661	758,677	621,392	543,867	469,375	401,439	319,802	311,662	432,260	416,224	0	0	0
Policy loans
47,706	48,079	43,631	46,732	48,500	52,606	45,648	45,069	46,588	42,580	52,729	58,259	59,195	59,920	60,658	55,990	56,454	56,773	56,520	56,073	56,114	55,542	55,880	56,917	55,099	58,460	50,762	53,618	57,709	57,779	65,610	63,225	58,852	53,999	0	0	0
Other invested assets
142,700	120,455	87,350	109,870	108,683	118,846	102,932	89,455	87,024	80,901	70,640	64,284	40,555	30,743	69,412	67,375	70,076	71,564	31,415	21,365	18,262	40,882	37,491	38,297	30,412	13,975	48,459	46,077	45,320	43,874	16,936	24,002	39,401	39,539	0	0	0
Disposals of property and equipment
-	-	-	-	-	-	-	-	-	554	8,117	10,685	9,299	16,240	11,961	12,468	12,230	4,681	10,095	11,074	11,912	11,269	2,450	782	-903	553	0	0	0	-	-	-	-	1,422	0	0	0
Distributions from unconsolidated affiliates
62,803	91,325	100,617	85,491	92,059	58,287	125,123	96,906	105,822	102,000	27,408	60,648	52,978	55,311	49,044	61,090	111,249	130,742	114,538	120,143	65,250	41,779	51,624	5,056	14,385	25,055	55,095	62,444	58,843	51,507	0	0	0	-	-	-	-
Payment for the purchase/origination of:
Held-to-maturity securities
1,568,496	1,468,253	1,458,659	1,216,112	1,064,001	1,349,008	1,536,519	1,710,281	1,716,831	1,215,311	733,964	352,577	104,718	156,453	277,861	409,673	520,308	525,950	443,738	426,104	331,601	439,422	587,813	599,231	775,736	1,087,447	1,091,204	1,247,847	1,187,410	1,151,656	1,179,493	1,114,575	1,401,981	1,547,318	0	0	0
Available-for-sale securities
673,677	528,495	702,235	718,495	554,338	680,477	735,730	782,502	831,430	737,651	520,473	486,940	469,239	656,974	1,035,852	1,186,062	1,433,585	1,343,795	1,044,498	990,154	792,775	1,044,602	1,203,008	1,159,948	1,181,480	1,057,004	901,037	983,254	909,528	731,875	807,854	641,540	706,211	705,990	0	0	0
Equity securities
65,086	49,016	87,549	60,900	71,420	79,514	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Investment real estate
18,525	24,163	58,367	67,612	64,679	71,732	41,900	38,946	42,067	33,844	34,547	37,591	43,750	45,631	86,330	106,848	99,432	106,255	81,370	67,091	62,693	51,699	38,970	36,116	40,458	45,345	43,742	35,679	33,688	30,450	36,255	31,864	27,676	23,838	0	0	0
Mortgage loans
845,233	784,408	757,456	894,915	1,031,742	1,173,189	1,181,286	1,148,884	1,229,666	1,194,672	1,266,063	1,322,598	1,308,939	1,428,471	1,254,528	1,317,503	1,139,222	962,267	942,343	711,310	741,611	668,073	720,190	885,274	859,764	914,740	908,768	740,488	695,562	655,341	602,819	638,302	603,281	665,183	0	0	0
Policy loans
28,322	27,722	27,814	25,294	26,091	26,147	22,640	23,769	23,100	23,325	25,740	25,792	25,813	25,480	26,405	26,730	26,193	26,459	26,119	28,410	29,703	29,093	28,780	27,153	26,180	26,623	24,208	28,584	33,698	38,067	45,367	45,630	44,699	43,671	0	0	0
Other invested assets
101,911	109,074	60,047	67,789	72,460	75,233	75,479	72,332	59,685	47,134	49,117	76,114	69,854	67,571	58,539	25,186	39,666	38,101	44,407	44,468	26,794	27,705	19,129	17,696	11,374	18,443	47,364	46,004	46,366	45,181	22,616	28,835	41,135	40,216	0	0	0
Additions to property and equipment
23,552	21,402	20,237	18,339	16,642	17,670	18,760	15,522	18,039	24,395	42,126	44,370	44,447	47,301	28,002	35,611	32,458	32,596	47,844	41,437	40,082	31,951	20,663	23,374	28,194	25,583	29,063	28,957	27,800	30,838	23,766	21,561	18,757	17,588	0	0	0
Contributions to unconsolidated affiliates
299,035	262,569	245,540	205,974	175,934	151,261	105,169	68,165	34,047	27,869	50,477	54,740	109,605	135,208	149,780	173,533	147,687	132,004	62,449	53,203	19,968	12,560	68,767	70,184	116,119	122,512	113,940	101,773	60,280	48,961	48,790	52,644	75,704	78,251	0	0	0
Change in short-term investments
-335,927	190,511	181,727	294,298	442,303	-452,005	-344,552	-273,993	-127,493	466,539	156,310	324,447	99,643	-268,386	-89,032	-177,811	-208,027	29,612	148,152	88,734	274,732	-64,386	6,864	169,723	12,500	182,300	17,967	-169,413	4,888	-32,244	-28,918	-134,395	-232,856	-140,876	0	0	0
Change in collateral held for derivatives
88,468	-107,133	32,981	-16,136	-16,051	68,565	-100,427	-71,736	-58,826	-89,981	-40,114	-45,328	-40,107	-24,349	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-14,396	-10,369	-16,739	-14,223	-12,518	-7,087	6,820	4,791	2,677	-18,030	-32,884	-43,047	-47,082	-27,869	-9,721	-727	3,163	-12,702	-29,184	-31,898	-24,073	-15,997	6,063	4,102	-1,986	1,336	-9,772	-5,634	-10,922	-10,156	16,783	-39,124	-26,423	-22,393	0	0	0
Net cash used in investing activities
-263,391	-523,723	-1,047,079	-1,078,527	-1,016,622	-884,761	-685,633	-1,176,434	-1,313,238	-1,144,813	-874,606	-565,284	-436,083	-555,248	-863,146	-1,014,588	-723,810	-404,465	-17,286	205,782	156,889	189,058	-2,459	92,986	197,335	-5,708	201,069	56,161	-183,291	-124,778	-400,190	-373,677	-571,291	-981,743	0	0	0
FINANCING ACTIVITIES
Policyholders’ account deposits
1,321,668	1,770,646	1,898,059	2,032,178	1,998,640	1,717,153	1,866,796	1,988,855	2,164,153	2,095,734	1,937,910	1,748,402	1,485,970	1,528,107	1,661,470	1,803,803	1,628,611	1,405,350	1,160,505	935,375	949,029	1,002,420	1,024,136	979,602	941,785	895,227	884,654	963,476	1,056,209	1,127,962	1,196,025	1,317,721	1,653,498	2,020,422	0	0	0
Policyholders’ account withdrawals
1,423,345	1,481,234	1,459,556	1,485,659	1,431,922	1,345,498	1,323,489	1,237,784	1,230,768	1,271,128	1,303,566	1,299,705	1,311,636	1,313,394	1,290,621	1,287,461	1,318,295	1,400,661	1,449,154	1,448,789	1,482,894	1,532,023	1,482,748	1,521,564	1,559,099	1,484,656	1,502,027	1,484,631	1,360,398	1,297,889	1,271,091	1,310,981	1,392,130	1,375,283	0	0	0
Change in notes payable
19,453	20,034	21,540	22,847	102	505	-662	-3,486	-2,286	1,377	-7,904	-24	3,697	7,643	19,923	17,774	19,540	20,259	16,795	10,014	3,369	-5,672	-4,777	-2,286	-52,061	-49,535	-47,121	54,529	107,256	104,490	102,766	1,771	-2,727	-1,246	0	0	0
Dividends to stockholders
88,189	88,243	88,241	88,237	88,240	88,228	88,268	88,303	88,344	88,335	88,325	88,308	88,290	87,741	87,178	86,676	85,266	84,446	83,625	82,755	82,785	82,805	82,822	82,834	82,852	82,831	82,787	82,747	82,703	82,660	82,647	82,636	82,624	82,609	0	0	0
Payments to noncontrolling interest
-19,959	-20,055	-21,355	-4,160	-2,376	-2,354	-1,803	-2,810	-2,636	-2,261	0	0	0	-	-	-	-	-	-	-	-	-1,864	7,247	2,937	2,729	2,667	3,344	2,969	2,914	2,972	9,523	-18,411	-18,361	-18,384	0	0	0
Proceeds from noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-190,372	201,148	350,447	476,969	476,204	281,578	452,574	656,472	840,119	735,387	535,633	357,971	87,183	132,079	302,531	445,821	242,983	-61,081	-357,824	-588,396	-615,163	-619,944	-549,020	-629,479	-754,832	-724,462	-749,881	-552,348	-282,666	-151,069	-45,424	-92,536	157,656	542,900	0	0	0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
-2,969	183,837	-170,468	-128,399	2,685	-107,673	256,047	-1,699	32,803	86,499	104,205	194,881	31,945	-21,592	-110,513	-98,492	-93,292	-86,088	67,721	58,655	35,182	125,899	13,505	20,846	56,046	-185,062	-39,993	-36,876	12,312	200,894	62,530	72,632	-9,547	665	0	0	0