| Mar'19 | Sep'18 | Mar'18 | Sep'17 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-138 | -1,441 | -890 | -95 | |||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Investment gains, net | ||||||
574 | - | 90 | - | |||
Realized investment gains, net | ||||||
- | 214 | - | 793 | |||
Amortization on investments | ||||||
-11 | -11 | -21 | -15 | |||
Depreciation | ||||||
47 | 45 | 68 | 66 | |||
Stock-based compensation | ||||||
145 | - | 0 | - | |||
Deferred taxes | ||||||
- | - | - | 1 | |||
Deferred insurance acquisition costs | ||||||
482 | 446 | 506 | 616 | |||
Deferred sales inducement costs | ||||||
76 | 64 | 99 | 142 | |||
Interest and amortization of deferred acquisition and sales inducement costs | ||||||
371 | 313 | 374 | 402 | |||
Change in value of derivatives and other | ||||||
314 | 91 | -101 | 6 | |||
Change in accrued investment income | ||||||
162 | 70 | 25 | 75 | |||
Change in receivables | ||||||
29 | 72 | 654 | 692 | |||
Change in reinsurance recoverable | ||||||
-35 | -51 | -75 | 56 | |||
Change in prepaid reinsurance premiums | ||||||
49 | 8 | 46 | 137 | |||
Change in policy benefits | ||||||
-937 | -16 | -146 | 755 | |||
Change in unearned revenue | ||||||
-25 | 8 | -36 | -4 | |||
Change in deferred reinsurance settlements | ||||||
77 | 99 | 75 | 34 | |||
Change in other | ||||||
57 | 1,028 | -45 | 538 | |||
Net cash used in operating activities | ||||||
-2,333 | -3,143 | -1,925 | -1,979 | |||
Cash flows from investing activities: | ||||||
Proceeds from investments sold or matured: | ||||||
Fixed maturity securities | ||||||
3,768 | 2,377 | 5,614 | 4,955 | |||
Equity securities | ||||||
2,827 | - | 0 | 808 | |||
Derivatives | ||||||
77 | 237 | 128 | 81 | |||
Policy loans | ||||||
-94 | -119 | -102 | 30 | |||
Costs of investments purchased: | ||||||
Fixed maturity securities | ||||||
-9,286 | 2,045 | -6,093 | 7,498 | |||
Equity securities | ||||||
35 | 20 | 0 | 105 | |||
Derivatives | ||||||
127 | 123 | 111 | 92 | |||
Real estate additions | ||||||
1 | 46 | 19 | 12 | |||
Purchase of property and equipment | ||||||
9 | 4 | 24 | 8 | |||
Net cash used in investing activities | ||||||
-2,692 | 495 | -403 | -1,901 | |||
Cash flows from financing activities: | ||||||
Policyholder account balances: | ||||||
Deposits | ||||||
3,321 | 2,902 | 4,459 | 5,604 | |||
Withdrawals | ||||||
1,707 | 1,838 | 2,417 | 2,315 | |||
Net transfers from separate accounts | ||||||
- | 87 | - | - | |||
Receipts from promissory note | ||||||
- | 1,050 | - | - | |||
Net proceeds received from issuance of shares of common stock | ||||||
1 | - | 0 | - | |||
Net cash provided by financing activities | ||||||
1,615 | 2,201 | 2,042 | 3,289 | |||
Net decrease in cash | ||||||
-3,410 | -447 | -286 | -591 | |||
Supplemental disclosures of cash flow information | ||||||
Supplemental non-cash activity: | ||||||
Deferral of sales inducements | ||||||
76 | - | 99 | - | |||