FGL HOLDINGS FG Cash Flow

Fgl holdings (FG)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Nov'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-338,000	225,000	65,000	46,000	171,000	-148,000	56,000	40,000	65,000	28,000	-	-	-	108,000	51	-571
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Stock based compensation
3,000	1,000	1,000	2,000	1,000	1,000	2,000	1,000	0	4,000	-	-	-	1,000	-	-
Amortization
10,000	18,000	11,000	6,000	4,000	3,000	17,000	8,000	15,000	-4,000	-	-	-	-6,000	-	-
Increase (Decrease) in Deferred Income Taxes
4,000	-42,000	-12,000	8,000	5,000	-26,000	-19,000	3,000	12,000	7,000	-	-	-	-76,000	-	-
Interest credited/index credits to contractholder account balances
31,000	130,000	257,000	290,000	308,000	-105,000	299,000	183,000	-30,000	206,000	-	-	-	-13,000	-	-
Net recognized (gains) losses on investments and derivatives
-692,000	204,000	103,000	135,000	240,000	-555,000	119,000	-2,000	-191,000	137,000	-	-	-	51,000	-	-
Charges assessed to contractholders for mortality and administration
38,000	28,000	31,000	33,000	32,000	33,000	47,000	18,000	38,000	25,000	-	-	-	32,000	-	-
Intangibles, net
180,000	41,000	84,000	121,000	90,000	153,000	95,000	87,000	55,000	12,000	-	-	-	-23,000	-	-
Formation expenses paid by Sponsor
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	5
Interest earned on investments and cash equivalents held in Trust Account
-	-	-	-	-	-	-	-	-	-	-	-	-	435	427	24
Changes in operating assets and liabilities:
Reinsurance recoverable
15,000	-11,000	-1,000	-17,000	16,000	-13,000	-10,000	-9,000	8,000	-3,000	-	-	-	8,000	-	-
Future policy benefits reflected in net income (loss)
-71,000	15,000	72,000	956,000	36,000	10,000	-79,000	-1,000	-40,000	-11,000	-	-	-	-14,000	-	-
Funds withheld for reinsurers
98,000	143,000	88,000	860,000	129,000	-668,000	-58,000	35,000	12,000	16,000	-	-	-	26,000	-	-
Collateral (returned) posted
272,000	-108,000	-74,000	-64,000	-141,000	229,000	-71,000	-12,000	145,000	-56,000	-	-	-	-40,000	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	6	52	36
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-122	0	614
Accounts payable - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	30	30	10
Accrued legal and printer costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-667	118	708
Other assets and other liabilities
-7,000	-89,000	32,000	13,000	63,000	-77,000	-23,000	-7,000	-10,000	6,000	-	-	-	26,000	-	-
Net Cash Provided by (Used in) Operating Activities
-265,000	221,000	131,000	227,000	96,000	633,000	177,000	122,000	-35,000	79,000	-	-	-	72,000	-193	618
Cash flows from investing activities:
Proceeds from mortgage loans
81,000	46,000	47,000	3,000	4,000	15,000	28,000	2,000	20,000	2,000	-	-	-	13,000	-	-
Costs of mortgage loans
596,000	477,000	123,000	89,000	12,000	185,000	0	0	0	0	-	-	-	0	-	-
Capital expenditures
3,000	1,000	9,000	0	1,000	0	0	4,000	3,000	1,000	-	-	-	2,000	-	-
Contingent purchase price payment
-	-	-	-	-	0	0	27,000	30,000	0	-	-	-	0	-	-
Principal deposited in Trust Account
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	690,000
Net cash provided by (used in) investing activities
-521,000	-455,000	-229,000	-1,288,000	404,000	-584,000	-1,350,000	31,000	-377,000	-175,000	-	-	-	-594,000	0	-690,000
Cash flows from financing activities:
Treasury stock
0	17,000	17,000	1,000	30,000	4,000	0	0	0	0	-	-	-	1,000	-	-
Draw on revolving credit facility
-	-	-	-	-	0	0	0	30,000	0	-	-	-	0	-	-
Common stock dividends paid
2,000	2,000	3,000	2,000	2,000	0	0	0	0	4,000	-	-	-	4,000	-	-
Warrants Tendered
-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Contractholder account deposits
1,113,000	978,000	794,000	1,127,000	1,225,000	332,000	891,000	1,170,000	959,000	443,000	-	-	-	698,000	-	-
Contractholder account withdrawals
518,000	731,000	473,000	648,000	907,000	685,000	485,000	869,000	635,000	304,000	-	-	-	403,000	-	-
Proceeds received from loans to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	225
Proceeds received from issuance of Class B ordinary shares to Anchor Investors
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	7
Proceeds received from initial public offering, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	836	0	674,684
Proceeds from private placement
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	15,800
Net cash provided by (used in) financing activities
593,000	213,000	316,000	476,000	286,000	-422,000	406,000	401,000	354,000	135,000	-	-	-	290,000	0	690,717
Change in cash and cash equivalents
-193,000	-21,000	218,000	-585,000	786,000	-373,000	-767,000	554,000	-58,000	39,000	-	-	-	-232,000	-193	1,335
Supplemental disclosures of cash flow information:
Interest paid
-	-	-	-	-	16,000	0	12,000	2,000	10,000	-	-	-	10,000	-	-
Income taxes (refunded) paid
0	0	0	0	-1,000	11,000	10,000	50,000	-30,000	0	-	-	-	0	-	-
Deferred sales inducements
27,000	27,000	26,000	42,000	35,000	40,000	38,000	34,000	26,000	3,000	-	-	-	0	-	-
Payments of Debt Issuance Costs
-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Proceeds from (Repayments of) Debt
-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Repayments of Long-term Lines of Credit
-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Supplemental disclosure of noncash investing and financing activities:
Change in value of Class A ordinary shares subject to possible redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	137	640,288
Formation and offering costs paid by Sponsor in exchange for founder shares
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	25
Deferred underwriting commissions in connection with the initial public offering
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24,150
Deferred placement agent fees in connection with the forward purchase agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,400
Predecessor
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	65,000	-	61,000	32,000	22,000	-	-	-
Stock based compensation
-	-	-	-	-	-	-	-	-	-	2,000	2,000	1,000	-	-	-
Amortization
-	-	-	-	-	-	-	-	-	-	-21,000	-8,000	-7,000	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	10,000	5,000	-95,000	-	-	-
Interest credited/index credits to contractholder account balances
-	-	-	-	-	-	-	-	-	-	275,000	196,000	243,000	-	-	-
Net Recognized Gains On Investments And Derivatives
-	-	-	-	-	-	-	-	-	-	106,000	67,000	81,000	-	-	-
Charges assessed to contractholders for mortality and administration
-	-	-	-	-	-	-	-	-	-	32,000	35,000	32,000	-	-	-
Intangibles, net of related amortization
-	-	-	-	-	-	-	-	-	-	84,000	26,000	57,000	-	-	-
Reinsurance recoverable
-	-	-	-	-	-	-	-	-	-	10,000	-4,000	4,000	-	-	-
Future policy benefits
-	-	-	-	-	-	-	-	-	-	-11,000	-12,000	-18,000	-	-	-
Funds withheld for reinsurers
-	-	-	-	-	-	-	-	-	-	29,000	35,000	15,000	-	-	-
Collateral (returned) posted
-	-	-	-	-	-	-	-	-	-	-99,000	-2,000	-17,000	-	-	-
Other assets and other liabilities
-	-	-	-	-	-	-	-	-	-	13,000	94,000	-86,000	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	141,000	-36,000	60,000	-	-	-
Proceeds from mortgage loans
-	-	-	-	-	-	-	-	-	-	3,000	29,000	3,000	-	-	-
Capital expenditures
-	-	-	-	-	-	-	-	-	-	-5,000	3,000	4,000	-	-	-
Payment for Contingent Consideration Liability, Investing Activities
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-252,000	-189,000	-182,000	-	-	-
Draw on revolving credit facility
-	-	-	-	-	-	-	-	-	-	0	0	5,000	-	-	-
Dividends paid
-	-	-	-	-	-	-	-	-	-	3,000	4,000	4,000	-	-	-
Contractholder account deposits
-	-	-	-	-	-	-	-	-	-	618,000	779,000	795,000	-	-	-
Contractholder account withdrawals
-	-	-	-	-	-	-	-	-	-	417,000	639,000	419,000	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	197,000	137,000	377,000	-	-	-
Change in cash & cash equivalents
-	-	-	-	-	-	-	-	-	-	86,000	-88,000	255,000	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	1,000	11,000	1,000	-	-	-
Income taxes (refunded) paid
-	-	-	-	-	-	-	-	-	-	0	114,000	0	-	-	-
Deferred sales inducements
-	-	-	-	-	-	-	-	-	-	10,000	5,000	5,000	-	-	-
Available-for-sale Securities
Proceeds from available-for-sale investments, sold, matured or repaid:
845,000	1,591,000	1,098,000	855,000	962,000	2,400,000	995,000	1,584,000	3,286,000	626,000	-	-	-	733,000	-	-
Cost of available-for-sale investments:
675,000	1,393,000	1,144,000	1,775,000	421,000	2,734,000	2,162,000	1,484,000	3,699,000	874,000	-	-	-	1,355,000	-	-
Derivative and other
Proceeds from available-for-sale investments, sold, matured or repaid:
136,000	126,000	67,000	101,000	44,000	69,000	148,000	139,000	143,000	117,000	-	-	-	71,000	-	-
Cost of available-for-sale investments:
309,000	347,000	165,000	383,000	172,000	149,000	359,000	179,000	94,000	45,000	-	-	-	54,000	-	-