MARKEL CORPORATION MKL Cash Flow

Markel corporation (MKL)

CashFlow / Quarterly

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	Dec'10	Sep'10	Jun'10	Mar'10
OPERATING ACTIVITIES
Net income (loss)
-1,401,376	511,513	203,953	506,483	577,513	-753,374	409,028	279,587	-65,594	439,326	-261,035	151,427	71,040	132,703	83,421	80,673	163,646	198,273	104,410	92,453	194,006	118,222	76,824	41,141	87,501	98,939	66,967	28,676	89,263	58,093	51,674	90,768	57,713	52,307	54,669	31,649	9,861	140,449	63,157	20,917	43,206
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Adjustments to reconcile net income (loss) to net cash provided by operating activities
1,467,054	-	258,847	-276,048	-558,790	-	46,614	-29,725	123,266	-	621,793	74,572	-59,094	-	170,722	94,110	-268,215	-	207,940	122,750	-171,174	-	222,739	173,507	-65,084	-	235,519	155,741	-33,709	-	83,124	78,371	-122,105	-	106,096	77,897	-19,064	-	46,101	38,330	-38,887
Net Cash Provided By Operating Activities
65,678	562,162	462,800	230,435	18,723	129,681	455,642	249,862	57,672	259,826	360,758	225,999	11,946	210,266	254,143	174,783	-104,569	100,766	312,350	215,203	22,832	180,164	299,563	214,648	22,417	203,064	302,486	184,417	55,554	152,988	134,798	169,139	-64,392	50,210	160,765	109,546	-9,203	50,467	109,258	59,247	4,319
INVESTING ACTIVITIES
Proceeds from sales of fixed maturities and equity securities
266,421	27,614	93,928	98,923	133,453	57,431	127,326	93,714	140,728	217,323	97,809	173,231	89,287	35,712	103,618	125,824	100,668	327,499	111,571	28,187	71,721	103,634	141,662	381,128	660,447	382,200	373,255	71,275	52,834	143,034	50,085	74,366	69,063	83,225	97,690	37,214	69,917	120,453	33,658	108,745	77,690
Proceeds from maturities, calls and prepayments of fixed maturities
104,226	325,711	140,530	177,646	128,449	92,291	84,798	183,459	191,260	181,139	272,733	274,148	401,875	229,155	262,103	255,452	216,455	341,116	351,566	422,412	388,522	310,689	326,982	342,255	440,891	624,744	360,419	370,064	120,711	156,208	97,986	137,212	119,291	87,551	53,682	89,317	112,952	117,328	60,076	126,598	79,616
Cost of fixed maturities and equity securities purchased
382,415	298,407	169,892	260,115	227,556	136,650	223,888	687,998	497,377	13,843	223,124	346,607	592,707	477,543	403,641	462,109	862,646	647,653	371,667	324,383	232,551	465,980	788,328	784,011	1,114,736	913,882	364,362	310,378	62,775	35,512	104,939	80,062	205,926	187,044	213,885	169,891	142,282	189,862	87,944	180,400	498,987
Net change in short-term investments
-942,695	-355,541	157,576	623,491	-329,659	-844,348	-36,860	-91,396	-129,032	171,395	271,830	-515,644	-162,324	348,452	-7,593	671,222	-322,887	-625,549	91,702	449,426	146,545	-84,454	-54,757	398,932	-130,557	293,112	158,349	-391,700	410,662	244,544	259,287	3,694	-79,233	48,915	-107,181	167,632	107,606	-30,370	-47,115	23,014	-148,411
Proceeds from sale of equity and cost method investments
15,167	-	-	-215,497	55	-	-	-	-	-	-	-	-	-	2,846	999	5,480	951	839	6,362	15,003	5,354	11,710	7,710	82,518	85,556	152,631	75,370	0	-	-	-	-	-	-	-	-	-	-	-	-
Cost of equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	385	2,040	18,824	600	6,640	358	1,033	8,050	13,140	19,087	5,791	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-145,951	-31,093	40,841	-61,066	667	-51,405	-152,897	186,755	203,755	-115,179	-12,317	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property and equipment
29,907	27,919	46,225	24,476	24,756	27,707	26,498	29,026	23,362	24,553	14,521	19,714	15,864	14,109	14,931	19,734	14,900	17,700	23,113	15,336	23,606	29,782	34,396	7,229	10,725	11,048	10,259	11,976	14,442	12,030	10,604	9,968	12,917	16,621	16,353	14,319	12,839	-	-	-	-
Proceeds from disposals of fixed assets
381	-	2,168	-174	13,955	-	1,237	191	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions, net of cash acquired
0	219,705	397	15,830	9,400	1,163,897	3,510	-5	7,809	839,667	390,012	198,223	3,810	1,765	0	1,162	4,600	261,521	0	0	0	2,779	147,496	15,076	153,735	-1,156	21,110	-44,287	36,531	-2,507	102,562	62,750	80,870	99,783	14,478	1,955	3,886	173,872	4,967	12,271	23,046
Other
9,949	-15,970	-3,316	752	1,739	3,095	2,899	26,491	816	-13,787	2,056	-640	3,448	-3,484	2,887	1,538	193	36	1,250	-930	441	881	1,689	182	-384	1,809	-5,396	46	2,438	-6,838	7,487	2,985	-1,476	-1,039	-2,320	-18,754	7,784	-3,310	-17,614	-1,594	14,237
Net Cash Provided By Investing Activities
906,619	121,999	-135,512	-863,766	342,120	-344,024	-7,576	-377,395	-68,244	-650,232	-531,001	399,119	37,657	-582,843	-45,299	-773,490	-236,849	231,617	120,155	-318,985	30,662	59,135	-437,823	-423,965	180,448	-326,090	114,779	739,684	-340,986	130	-319,606	-27,004	-30,650	-196,623	16,157	-219,112	-91,528	-110,846	36,804	21,252	-230,553
FINANCING ACTIVITIES
Additions to senior long-term debt and other debt
89,428	66,359	844,094	647,373	87,356	61,136	36,700	56,407	52,706	622,019	12,740	10,596	19,302	5,763	20,302	516,912	16,323	20,026	8,541	13,519	27,711	25,405	34,926	19,029	10,120	-16,699	46,979	8,965	507,969	31,432	387,655	41,388	32,317	33,352	7,477	259,635	35,717	12,200	0	7,221	23,476
Repayments of senior long-term debt and other debt
30,274	423,158	566,797	77,619	36,100	43,150	65,891	77,852	102,306	35,456	84,952	129,647	9,917	18,277	31,250	212,531	16,305	32,277	12,699	13,884	29,160	43,325	17,441	14,348	8,608	1,884	48,535	3,037	268,522	50,670	191,591	43,661	27,868	33,164	4,355	19,165	33,873	22,324	6,148	231	1,318
Repurchases of common stock
23,865	34,309	12,732	31,617	37,649	23,178	6,572	11,968	12,289	26,402	25,242	35,682	23,512	35,639	297	14,486	720	4,229	4,592	5,122	17,548	131	8,515	125	17,282	526	16,004	40,689	169	811	0	13,763	2,299	9,477	19,944	13,492	0	3,138	17,829	19,864	4,387
Issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	430	1,068	3,033	781	362	3,180	429	731	238	359	4,363	5,855	2,728	15,916	19	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of noncontrolling interests
11,483	0	0	0	9,754	0	6,465	195	6,863	266	0	9,098	8,970	0	89	3,078	0	0	0	2,160	10,314	0	0	8,160	17,758	0	3,412	0	8,440	1,823	0	320	0	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
1,842	1,845	2,246	2,093	2,808	1,200	2,149	1,109	4,706	1,970	1,584	2,004	2,341	2,018	744	2,149	1,038	2,563	1,234	1,331	1,159	1,782	931	1,364	1,168	1,141	1,204	747	2,032	2,863	470	2,736	1,615	-	-	-	-	-	-	-	-
Other
-1,057	-1,387	-1,745	-1,706	-1,114	-824	-742	-1,323	-1,238	2,723	-1,658	-6,242	-1,104	3,728	-1,050	-3,333	-10,095	732	10,497	-9,047	-3,407	1,483	-16,219	-3,246	-609	223	8	-2,618	2,364	-4,272	-226	-23,555	8,568	-1,280	2,252	-914	-103	2,045	-254	-11,294	0
Net Cash Provided (Used) By Financing Activities
20,907	-411,327	250,488	520,225	-69	-7,216	-60,306	-36,767	-74,696	555,630	-100,696	-172,077	-26,542	-50,974	-26,917	238,712	-8,802	-17,530	-8,388	-14,845	-33,448	-20,385	-7,942	-7,855	-30,942	-14,172	-19,440	-22,210	231,189	-28,665	195,758	-34,234	9,103	-16,227	-16,989	226,064	1,741	-11,981	-24,231	-27,169	17,771
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents
-35,233	27,750	-19,473	-9,833	7,199	-8,951	-5,214	-32,956	26,074	-20,043	40,361	18,511	6,466	-31,654	-3,396	-16,799	18,711	-28,138	-15,860	13,484	-22,128	-24,336	-32,341	9,886	971	402	14,875	-1,246	-7,546	-471	4,272	-3,363	2,704	684	-7,694	1,509	3,678	-335	9,448	-4,327	-4,359
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents
957,971	300,584	558,303	-122,939	367,973	-230,510	382,546	-197,256	-59,194	145,181	-230,578	471,552	29,527	-455,205	178,531	-376,794	-331,509	286,715	408,257	-105,143	-2,082	194,578	-178,543	-207,286	172,894	-136,796	412,700	900,645	-61,789	123,982	15,222	104,538	-83,235	-161,956	152,239	118,007	-95,312	-72,695	131,279	49,003	-212,822