Enstar group ltd (ESGRO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
OPERATING ACTIVITIES:
Net earnings (loss)

21,859

928,219

580,977

432,097

193,898

-212,272

70,911

117,393

219,266

331,799

227,644

373,860

321,913

304,413

367,404

243,028

211,454

210,341

236,018

211,214

247,316

227,236

251,101

273,360

244,249

223,822

161,409

173,446

189,097

191,519

278,071

244,626

218,791

208,458

0

0

0

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

10,993

4,478

4,880

12,129

11,963

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net earnings (loss) to cash flows provided by operating activities:
Realized gains on sale of investments

97,976

96,328

48,590

7,367

-21,385

-27,633

-21,987

-7,012

-3,981

1,668

-7,685

-7,709

-5,954

-7,036

2,959

-3,176

1,759

15,859

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized losses (gains) on investments

-161,892

935,023

671,884

507,699

212,322

-385,251

-155,373

-88,480

-3,897

188,666

59,138

101,125

100,677

84,854

78,267

2,664

-48,023

-57,380

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and unrealized gains from other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

69,058

56,622

47,970

31,379

6,391

-830

541

1,194

0

0

0

Depreciation and other amortization

39,076

35,583

30,551

30,032

33,619

33,295

34,733

36,529

34,389

36,115

36,352

34,902

33,495

34,938

25,774

31,493

37,643

40,922

40,959

70,113

57,683

43,870

97,369

54,074

52,517

52,560

1,226

1,343

1,406

1,469

1,403

1,453

1,526

1,593

0

0

0

Net change in trading securities held on behalf of policyholders

-

-

-

-

-

-

-

-

-

-

-25,589

-25,309

108

1,284

65

9,965

9,914

7,241

7,209

-6,148

-6,000

-4,256

-4,311

-1,225

-1,675

-3,485

-10,883

-15,004

-20,610

-24,225

-9,752

-4,053

8,665

6,816

0

0

0

Net realized and unrealized investment losses (gains)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-11,588

-7,882

30,380

42,233

51,193

21,622

27,694

8,020

0

0

0

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,105

0

0

0

Earnings from equity method investments

59,588

55,910

52,676

38,290

36,222

42,147

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of premiums and discounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-42,670

-35,593

-28,356

-28,758

-31,385

-32,504

-29,462

-25,085

0

0

0

Sales and maturities of trading securities

5,143,485

5,829,277

5,707,521

5,482,177

5,383,670

4,802,224

5,586,731

5,991,769

5,943,151

6,111,607

5,294,920

3,998,958

3,838,041

3,406,788

3,184,873

3,615,569

3,366,941

3,651,680

3,224,864

2,806,783

3,127,324

2,836,921

2,918,706

2,936,308

2,522,362

2,679,826

2,822,615

2,785,667

2,707,546

2,468,584

2,179,739

1,958,539

1,644,182

1,463,637

0

0

0

Purchases of trading securities

3,496,908

4,591,459

5,279,010

5,365,047

5,238,002

5,592,311

6,308,960

6,988,014

7,003,130

7,544,649

6,557,072

5,170,482

4,664,209

3,100,515

3,018,171

3,299,930

3,576,323

4,052,430

3,589,949

3,096,901

2,615,460

1,986,441

2,042,264

2,374,995

2,480,975

2,713,581

2,866,871

2,825,881

2,801,290

2,618,029

2,631,078

2,497,723

2,111,924

2,158,509

0

0

0

Other non-cash items

-31,930

-33,857

-24,977

-19,418

-10,181

-11,857

-43,521

-46,361

-46,225

-41,087

-13,903

-10,107

-8,738

-8,566

-5,062

-2,242

-7,810

-3,984

-5,944

-4,443

5,359

1,268

10,703

9,259

8,485

11,276

-405

-344

-945

-765

-590

778

4,510

1,518

0

0

0

Changes in:
Increase (Decrease) in Reinsurance Recoverable

35,677

350,243

199,262

142,189

176,947

268,039

207,637

299,953

337,716

530,857

847,781

724,438

634,872

21,866

-336,783

-312,622

-426,558

-391,182

-392,618

-398,704

-357,415

-428,718

-505,260

-610,520

-488,651

-430,542

-336,408

-344,661

-568,297

-666,793

-693,956

-661,625

-430,766

-238,818

0

0

0

Funds held by reinsured companies

-92,356

87,468

120,253

111,088

85,974

126,897

-35,029

-35,568

511,427

93,310

143,026

98,764

102,876

967,379

1,023,923

1,069,880

1,071,897

-32,435

-41,269

-33,550

-96,733

-114,348

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Losses and loss adjustment expenses

352,158

1,021,175

489,058

175,284

58,424

960,199

876,070

926,020

1,181,408

1,363,032

1,439,097

1,204,646

1,112,514

259,339

442,167

613,496

673,568

-276,711

-644,718

-792,099

-820,498

-967,263

-1,022,435

-867,366

-787,896

-706,880

-292,328

-342,943

-577,490

-623,174

-1,110,081

-1,116,886

-911,267

-675,108

0

0

0

Defendant asbestos and environmental liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Policy benefits for life and annuity contracts

-

-

-

-

-

-6,776

-9,412

-8,437

-4,322

-3,314

-3,769

-4,439

-10,055

-11,037

25,855

16,604

15,759

9,110

19,775

16,377

7,394

-839

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Insurance and reinsurance balances payable

-4,187

-15,227

-2,702

73,099

99,741

151,918

127,420

-115,890

-74,419

-157,741

-17,510

153,690

145,304

120,515

-83,484

-11,748

-29,471

-20,635

-52,321

-29,081

-112,488

-190,464

-211,884

-272,985

-221,244

-165,896

-71,566

-40,239

-33,717

-65,475

-20,696

-63,123

-18,585

-24,833

0

0

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-227,947

-83,516

-103,721

-63,952

30,058

32,161

-3,023

28,506

0

0

0

Unearned premiums

-190,735

-95,843

-22,739

50,717

153,176

173,725

174,351

165,964

133,220

34,854

19,230

11,221

11,607

5,682

823

-11,660

-32,714

-19,355

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premiums receivable

-88,537

-210,493

-135,274

-60,854

144,934

212,423

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-28,714

-70,298

-25,439

-3,209

14,093

52,036

25,841

-18,301

0

0

0

Other operating assets and liabilities

91,348

-53,635

62,263

-17,914

12,966

229,465

121,230

-45,675

-91,135

-293,035

17,619

-12,780

78,309

131,204

571

402,975

374,072

271,986

91,214

-69,395

-137,342

-84,449

191,646

171,733

76,721

92,884

-106,419

-93,443

-7,009

9,118

-7,964

-15,896

-79,989

-81,588

0

0

0

Net cash flows provided by operating activities

1,814,490

1,763,516

389,207

48,149

21,280

-160,072

230,094

-193,108

-323,182

-343,107

-589,488

-281,201

-145,533

-202,689

176,852

28,856

-197,042

-265,152

-431,271

-258,237

355,672

544,005

501,038

273,233

-104,051

-62,387

-56,821

-12,218

-162,711

-187,350

-482,509

-623,734

-633,613

-909,920

0

0

0

INVESTING ACTIVITIES:
Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-130,667

0

0

0

-

-

-

-

409,560

0

0

0

-

-

-

-

88,505

0

0

0

Sales and maturities of available-for-sale securities

803,551

344,325

114,642

104,643

41,358

58,219

75,046

84,539

84,335

86,359

76,933

72,085

80,474

81,596

94,561

100,534

119,429

142,824

124,808

128,760

99,997

109,994

113,755

115,331

196,114

196,507

238,442

330,447

323,268

353,913

409,029

366,684

434,219

445,052

0

0

0

Purchase of available-for-sale securities

2,990,208

2,212,204

370,465

1,307

5,494

10,386

22,668

23,912

12,699

14,848

2,268

4,932

56,174

52,568

90,043

101,464

81,312

102,214

84,452

94,261

87,915

116,738

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of held-to-maturity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Movement in restricted cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

73,964

65,563

241,386

78,638

97,494

123,646

-99,328

-73,226

-163,319

-236,574

-131,967

-290,207

0

0

0

Payments to Acquire Other Investments

731,771

796,918

850,228

724,920

851,170

901,071

795,998

504,705

347,510

109,885

141,935

140,379

132,817

91,093

173,780

200,402

233,201

315,583

257,212

358,956

361,991

346,313

317,564

203,754

170,901

107,396

99,984

112,838

172,249

214,558

181,755

127,336

62,700

24,787

0

0

0

Proceeds from other investments

609,402

582,662

557,470

197,611

463,100

436,396

370,544

404,810

195,777

232,827

355,247

319,748

251,557

245,069

195,382

201,267

214,667

165,711

136,709

136,407

115,583

104,684

0

0

0

-

-

-

-

-

-

-

-

66,925

0

0

0

Purchase of equity method investments

59,451

69,213

193,843

196,642

165,202

155,440

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

2,715

4,671

4,621

4,204

5,973

8,321

14,941

21,750

22,940

23,617

21,979

15,952

11,603

7,841

1,264

1,101

2,506

1,520

3,154

1,375

-634

-632

-2,954

-1,825

-1,777

-2,132

138

37

236

789

-2,677

-2,874

-2,741

-3,031

0

0

0

Net cash flows used in investing activities

-2,198,710

-1,983,537

-993,442

-874,556

-768,532

-825,754

-282,294

67,065

19,389

293,262

256,640

202,192

112,983

156,709

-267,876

-164,555

-37,693

19,885

449,290

231,045

221,305

-187,422

-386,898

-269,214

-358,893

-365,789

-232,351

-173,161

-17,010

228,631

393,373

452,733

482,460

691,923

0

0

0

FINANCING ACTIVITIES:
Payments of Ordinary Dividends, Preferred Stock and Preference Stock

35,700

35,914

33,989

30,197

21,272

12,133

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contribution by redeemable noncontrolling interest

-

-

-

-

-

49

49

71

71

22

0

0

0

-

-

-

-

-

-

-

-

17,768

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,908

51,742

51,742

59,477

68,987

0

0

0

-

-

-

-

Purchase of noncontrolling shareholders' interest in subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,200

0

0

0

Receipt of loans

1,090,502

1,070,502

1,762,293

1,809,244

1,131,107

1,132,507

781,022

759,069

782,400

874,100

951,100

906,100

1,008,148

571,048

274,048

437,048

548,700

657,700

537,700

374,700

109,000

70,000

165,000

212,800

212,800

369,800

0

0

0

-

-

-

-

-

-

-

-

Repayment of loans

654,574

742,574

947,074

751,627

883,381

914,319

1,037,756

961,702

664,078

912,140

871,203

881,250

853,750

493,250

435,250

472,000

398,000

377,500

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

277,458

0

0

0

Net cash flows provided by financing activities

389,226

293,538

927,290

1,173,217

773,336

752,986

127,401

186,920

90,935

-65,476

58,104

3,035

160,041

83,441

-161,202

-194,780

-153

129,347

252,263

252,157

-55,214

131,586

294,711

414,920

493,616

423,076

174,358

133,583

2,737

-233,773

-39,182

67,536

305,219

259,769

0

0

0

EFFECT OF EXCHANGE RATE CHANGES ON FOREIGN CURRENCY CASH AND CASH EQUIVALENTS

10,318

-324

-10,151

-6,618

-16,396

2,588

3,452

11,646

34,846

9,512

-4,205

-13,800

-28,199

-13,985

-11,741

-11,856

850

-18,533

-14,783

-25,099

-34,023

-17,546

-7,796

-7,681

-25,205

-5,949

-8,981

-4,190

24,525

-3,092

10,096

16,624

8,363

9,548

0

0

0

NET INCREASE IN CASH AND CASH EQUIVALENTS

15,324

73,193

312,904

340,192

9,688

-230,252

78,653

72,523

-178,012

-105,809

-278,949

-89,774

99,292

23,476

-263,967

-342,335

-234,038

-134,453

255,499

199,866

487,740

470,623

401,055

411,258

5,467

-11,049

-123,795

-55,986

-152,459

-195,584

-118,222

-86,841

162,429

51,320

0

0

0

Supplemental Cash Flow Information:
Income taxes paid, net of refunds

11,599

5,012

1,123

4,255

15,158

17,610

18,353

20,582

11,736

13,192

15,805

12,924

15,446

22,216

25,704

35,792

32,277

33,305

35,742

38,155

39,820

41,830

39,312

32,709

42,549

32,115

29,855

28,995

31,388

27,938

27,072

24,119

39,266

64,679

0

0

0

Interest paid

44,989

49,457

34,364

30,239

28,925

25,240

28,062

28,775

25,632

21,487

23,159

17,832

21,302

19,451

20,275

22,021

19,926

19,395

15,996

13,846

14,204

16,130

15,377

15,533

13,435

9,114

10,925

8,283

9,046

9,155

6,145

7,789

6,434

6,948

0

0

0