Conifer holdings, inc. (CNFR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash Flows From Operating Activities
Net income (loss)

-4,725

-3,028

-1,230

-2,884

-680

-4,776

-3,551

-1,113

213

221

-18,897

-1,068

-1,798

-4,421

-1,475

-513

-2,028

-2,304

1,145

630

512

Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization

42

-231

451

194

39

-260

471

87

88

76

97

99

100

-

101

105

92

-

99

107

101

Amortization of bond premium and discount, net

127

-

-

139

81

-

-

133

139

137

107

113

175

157

142

142

148

183

167

154

125

Net realized investment (gains) losses

928

-

-

-

-101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized investment (gains) losses

-

-

-

-

-

-

-

-

161

-

39

0

-8

761

71

541

-8

47

6

87

145

Other gains

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of equity securities

-3,086

288

-1,065

-915

1,265

237

152

29

-297

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of equity securities

-3,086

288

-1,065

-915

1,265

237

152

29

-297

0

0

0

0

-

-

-

-

-

-

-

-

Restricted stock unit expenses

239

240

234

240

245

254

256

229

231

245

184

223

243

235

212

205

204

203

100

0

0

Other

-50

-

-

-

-125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-104

-

-

-

87

-

-

-

-2

Other

-

-

-

-

-

-

-

89

55

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
(Increase) decrease in:
Premiums and agents' balances and other receivables

-1,676

1,319

-5,746

3,945

-3,866

1,093

-554

2,612

-2,362

1,218

-920

-931

-1,616

5,164

-3,061

2,958

1,426

880

1,929

2,508

-1,552

Reinsurance recoverables

-1,966

3,213

-6,710

-2,887

-627

5,087

6,317

-1,317

119

8,767

3,297

2,289

2,688

-2,455

1,854

2,045

-990

-227

1,000

-543

1,675

Prepaid reinsurance premiums

-253

-2,271

1,240

-1,378

1,830

331

400

48

-31

-1

-3,021

297

-314

-731

3,003

-2,140

505

-4,810

-2,320

46

1,057

Deferred policy acquisition costs

-398

-973

577

149

142

168

-178

-29

-731

28

104

-307

-334

87

21

961

119

520

3,923

1,539

441

Other assets

756

-2,837

-417

-402

4,145

352

-994

-181

2,075

-214

-3,958

-1,104

1,037

5,649

622

457

411

225

490

169

20

Increase (decrease) in:
Unpaid losses and loss adjustment expenses

2,411

9,909

-644

4,015

1,159

1,761

7,384

-1,829

-2,405

5,140

15,839

4,782

7,484

8,657

4,162

3,344

3,066

2,827

239

-631

1,456

Unearned premiums

-969

-1,218

1,115

87

-1,333

1,151

-689

-1,295

-3,987

2,003

690

-1,357

-1,790

2,651

1,245

4,467

1,847

2,233

1,199

872

231

Reinsurance premiums payable

833

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

300

71

-1,701

-1,704

-2,666

Accounts payable and other liabilities

412

760

-2,930

-494

1,202

2,447

1,226

1,838

802

-9,305

7,598

1,148

861

1,880

-954

-402

1,010

-482

-843

866

996

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-113

-

-244

90

-402

Net cash provided by (used in) operating activities

4,015

8,017

7,567

1,977

-2,200

-9,497

-390

-3,213

-3,908

-8,416

10,152

3,428

3,926

-

-

-

-

-

-

-

-

Cash Flows From Investing Activities
Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,976

-

-4,971

-3,424

-1,431

Purchase of investments

105,045

82,769

19,429

30,240

24,797

27,694

22,239

16,185

25,175

59,250

63,230

44,805

51,207

-

-

-

-

-

-

-

-

Proceeds from maturities and redemptions of investments

6,216

-

-

-

2,929

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of investments

94,742

-

-

-

23,220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fixed maturity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,909

21,396

5,979

-

1,703

5,590

13,469

Equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

345

320

434

-

434

320

439

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,609

43,355

11,842

-

11,378

24,798

19,393

Proceeds from maturities and redemptions of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

1,415

980

8,830

2,505

0

197

100

1,103

Fixed maturity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,749

18,520

2,157

-

2,565

1,280

1,926

Equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

362

420

418

-

287

358

359

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,860

32,193

13,091

-

11,078

23,887

30,816

Proceeds from maturities and redemptions of investments

-

-

-

-

-

-

2,929

10,452

5,079

-

5,066

4,173

8,889

-

-

-

-

-

-

-

-

Proceeds from sales of investments

-

-

-

-

-

-

-18,506

-11,563

-26,563

-

-51,002

-38,614

-36,729

-

-

-

-

-

-

-

-

Purchases of property and equipment

46

37

1

0

23

17

41

7

21

7

4

-7

9

47

10

117

21

41

35

52

39

Net cash provided by (used in) investing activities

-4,133

-33,405

3,933

3,130

1,329

798

-845

5,823

6,446

-11,179

-7,166

-2,011

-5,598

-

-

-

-

-

-

-

-

Cash Flows From Financing Activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-105

-

-746

-5,135

864

Proceeds received from issuance of shares of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

35,316

0

750

Repurchase of common stock

2

2

66

98

510

636

0

0

0

-

-

-

-

0

174

220

231

-

-

-

-

Repurchase of senior unsecured notes

244

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6,275

0

0

Borrowings under debt arrangements

1,000

1,100

5

-5

1,000

3,300

22,000

0

0

-

-

-

-

4,000

0

2,000

1,000

2,750

750

0

900

Repayment of borrowings under debt arrangements

-

-

-

-

-

-

-

-

-

0

16,375

2,750

625

500

500

500

500

-250

18,462

750

250

Stock and debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

291

397

1,009

140

Net cash provided by financing activities

754

1,998

-1,061

4,897

490

3,036

674

0

0

617

16,997

-750

-625

-

-

-

-

-

-

-

-

Net increase (decrease) in cash

636

-23,390

10,439

10,004

-381

-5,663

-561

2,610

2,538

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

269

-

10,700

-2,024

1,260

Net increase (decrease) in cash

-

-

-

-

-

-

-

-

-

-

19,983

667

-2,297

3,953

-5,626

-1,677

3,140

-878

4,983

-10,583

693

Supplemental Disclosure of Cash Flow Information:
Interest paid

643

640

638

643

626

730

581

1,186

619

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

301

128

-

124

121

98

193

212

206

233

Net income taxes paid (refunded)

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

0

0

0

Paid-in-kind interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

61