Unico american corp (UNAM)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows from Operating Activities:
Net Loss

-3,115

-3,169

-8,724

-1,404

-1,182

846

603

1,953

3,739

2,329

2,927

Adjustments to reconcile net loss to net cash from operations
Depreciation and amortization

565

551

517

483

341

539

307

139

59

127

-

Depreciation

-

-

-

-

-

-

-

-

-

-

196

Bond amortization, net

-19

201

-664

-16

-18

-5

4

78

153

114

224

Non-cash stock based compensation

-

-

11

23

23

23

23

23

30

0

-

Bad debt expense

7

23

16

5

-1

255

-

-

-

-

-

Loss on asset impairment

-

-

-

-

1,287

-

0

-

-

-

-

Net realized investment losses (gain)

12

-0

-0

1

7

0

-

-

-

-

-

Changes in assets and liabilities:
Tax benefit from disqualified incentive stock options

-

-

-

-

-

-

-

-16

-2

-40

0

Net receivables and accrued investment income

-97

2,145

-318

-608

-376

-306

738

84

-929

73

853

Reinsurance recoverable

-5,881

-1,010

1,261

606

-5,024

-751

2,277

1,145

3,830

4,763

3,301

Deferred policy acquisition costs

-129

673

269

-198

-350

-246

149

372

142

654

264

Other assets

127

-124

400

296

219

64

-1,033

-122

160

-61

129

Unpaid losses and loss adjustment expenses

3,409

2,580

2,021

-2,037

4,697

519

-

-

-

-

-

Unpaid losses and loss adjustment expenses

-

-

-

-

-

-

-5,907

-4,702

-7,072

-10,025

-7,069

Unearned premium

1,845

-2,803

-606

1,295

1,472

1,346

-769

117

-17

-2,881

-1,150

Advance premium and premium deposits

-15

26

-16

11

-38

-214

-291

-61

-11

-204

-158

Accrued expenses and other liabilities

284

-455

-360

217

-543

631

-685

-269

-1,258

-794

-1,119

Income taxes current/deferred

-156

-768

-828

-85

-560

-233

476

42

102

57

-1,061

Net Cash Used by Operating Activities

-3,163

-2,130

-7,022

-1,409

-49

2,468

-4,108

-1,214

-1,073

-5,885

-2,663

Cash Flows from Investing Activities:
Purchase of fixed maturity investments

10,975

21,034

60,292

16,772

57,929

25,303

9,394

1,700

14,794

33,024

36,074

Proceeds from maturity of fixed maturity investments

10,137

20,385

53,936

17,873

10,891

2,100

30,890

58,080

48,038

38,048

42,950

Proceeds from sale or call of fixed maturity investments

3,472

1,270

1,141

744

-

-

-

-

-

-

-

Net increase in short-term investments

2,494

-2,843

-749

-

-

-

-

-

-

-

-

Net decrease in short-term investments

-

-

-

5,436

56,618

21,547

-7,551

-48,116

-31,673

2,692

344

Acquisition of land and building

-

-

-

-

0

0

-9,000

0

0

-

-

Additions to property and equipment

1,100

97

249

545

1,339

879

620

765

91

104

57

Net Cash (Used by) Provided by Investing Activities

4,029

-2,318

-6,213

6,736

8,241

-2,535

4,324

7,497

1,479

7,611

7,161

Cash Flows from Financing Activities:
Repurchase of common stock

2

0

0

89

242

0

0

243

10

-

2,447

Dividends paid to shareholders

-

-

-

-

0

0

0

6,409

-

1,917

1,959

Proceeds from issuance of common stock

-

-

-

-

0

0

0

46

23

77

0

Tax benefit from disqualified incentive stock options

-

-

-

-

0

0

0

16

2

40

-

Net Cash Used by Financing Activities

-2

-0

0

-89

-242

0

0

-6,590

15

-1,799

-4,407

Net decrease in cash and cash equivalents

863

-4,449

-13,236

5,237

7,949

-67

215

-306

421

-73

90

Supplemental Cash Flow Information
Cash paid during the period for:
Interest

-

-

-

-

-

-

-

-

0

0

0

Income taxes

8

8

8

8

8

683

158

858

1,908

833

2,308

(Write-offs) acquisition of fixed assets

-

-

-

-

-

-

-

-

-1,602

1,431

-