ALLEGHANY CORP /DE Y Cash Flow

Alleghany corp /de (Y)

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
Cash flows from operating activities
Net (losses) earnings
-361,472	36,174	101,292	304,833	447,902	-704,391	289,459	298,404	171,182	158,420	-309,947	102,659	149,360	69,904	158,847	77,260	154,653	156,530	97,098	183,147	125,420	139,917	186,340	149,234	204,641	205,978	113,373	113,709	196,294	-92,612	125,444	109,309	560,103	37,671	19,158	15,082	71,340	37,430	36,632	66,271	58,169
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization
33,158	34,570	28,001	29,210	27,732	31,947	30,917	31,403	33,107	28,832	36,474	34,060	35,663	45,449	40,267	39,848	34,905	38,529	38,040	44,410	42,083	46,669	48,768	49,106	34,406	49,629	58,221	73,549	65,199	106,251	140,605	172,855	45,146	7,146	6,454	6,670	6,775	8,383	7,388	7,458	10,587
Change in the fair value of equity securities
-522,976	190,373	-16,691	143,660	392,353	-741,765	370,175	185,245	-42,649	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized capital (gains) losses
13,000	-27,351	4,004	12,396	4,400	-70,400	16,233	6,462	44,505	5,360	32,921	9,268	59,651	-53,921	27,221	54,012	35,893	55,384	29,202	86,160	43,151	49,330	59,368	41,524	96,836	136,478	17,762	26,977	50,902	38,050	12,388	39,452	67,989	63,253	22,706	6,490	34,692	10,351	27,248	33,308	26,467
Credit losses for available for sale securities
31,400	6,100	3,580	20	10,000	800	-11	0	511	3,805	6,131	3,747	3,217	6,949	11,729	5,728	20,759	21,590	52,680	7,317	52,281	29,422	720	932	5,220	2,163	664	8,908	32,312	0	0	1,129	1,778	-	-	-	-	3,123	2,453	5,703	1,077
(Increase) decrease in other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,784	-9,201	2,705
(Increase) decrease in reinsurance recoverables, net of reinsurance payable
-49,693	59,427	-47,362	-105,679	-165,434	144,395	165,560	-50,874	-96,582	-4,996	522,835	-75,091	-34,196	74,690	-20,774	12,620	-65,627	-163,338	33,534	28,687	-215	6,102	24,186	4,868	-26,318	-6,441	74,630	-25,321	-50,668	100,883	-12,084	-58,503	-10,378	-5,298	7,333	-18,076	-8,371	-39,361	-6,351	-39,226	-7,644
(Increase) decrease in premium balances receivable
143,970	19,270	-36,774	19,334	103,538	3,625	7,028	-24,089	58,732	-80,434	25,015	46,102	62,971	-52,752	-76,734	117,367	3,708	29,489	-120,429	203,477	-44,282	-47,694	-127,023	70,305	113,005	-43,377	-106,555	152,505	87,487	-90,881	-86,069	-93,800	32,711	12,867	-61,846	51,734	16,176	6,651	-61,677	30,806	6,303
(Increase) decrease in ceded unearned premiums
18,020	-10,464	15,301	12,235	9,849	-7,227	19,925	3,894	14,388	-18,139	11,425	-21,931	17,874	-6,933	5,118	12,472	-2	-8,420	-349	1,946	12,756	-23,301	-7,858	30,435	12,011	-18,712	-11,133	33,984	14,029	-16,754	465	26,232	-4,862	-8,948	-10,879	25,089	-6,381	-12,924	-11,043	15,830	-8,511
(Increase) decrease in deferred acquisition costs
18,463	16,751	3,181	14,562	23,537	-6,736	3,039	719	14,178	-23,288	7,317	14,195	6,488	-10,776	-6,314	16,079	30,197	42,180	-8,116	15,553	16,662	-25,493	-2,104	22,368	23,658	-7,371	1,998	18,638	17,960	17,866	60,219	108,308	46,540	-1,814	226	6,311	-1,878	-3,699	-1,089	4,512	-3,130
(Increase) decrease in funds held under reinsurance agreements
23,757	15,224	10,705	5,513	-19,984	-11,677	36,374	13,927	-609	20,218	43,941	26,396	23,885	57,681	54,504	73,956	170,912	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in other liabilities and current taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,766	-7,252	-21,744
Increase (decrease) in unearned premiums
102,239	70,472	31,548	95,256	101,816	-33,710	20,978	28,217	69,299	-113,660	41,864	39,144	39,448	-64,641	-24,349	94,429	93,998	139,258	-42,520	76,495	68,644	-140,740	-25,276	142,252	92,398	-64,435	-20,693	126,998	18,338	-103,874	-39,558	140,037	-1,375	-27,903	-11,205	79,047	-14,126	-44,581	-28,101	55,800	-33,097
Increase (decrease) in loss and loss adjustment expenses
138,079	294,338	2,223	-223,326	-395,170	395,435	339,366	-198,776	-156,981	-585,125	1,396,136	70,294	-97,254	29,096	14,309	285,064	-40,512	-623,250	-41,069	49,226	-182,881	-109,877	-80,240	-253,030	87,822	-496,739	-426	21,673	188,267	-408,818	-115,119	147,110	452	15,132	-3,781	-16,466	20,822	60,084	30,106	60,394	41,653
Change in unrealized foreign currency exchange rate losses (gains)
-80,530	59,460	-47,797	7,440	-1,070	-20,637	-15,224	-83,371	35,143	9,474	47,570	66,863	19,971	-76,615	12,666	-45,729	-45,552	-40,000	-25,688	48,423	-154,741	-89,459	-120,312	18,372	18,543	82,530	48,836	-11,848	-78,955	34,283	82,155	-56,510	24,878	-	-	-	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	494,940	-	-	-	-	-	-	-	-
Other, net
386,627	-167,297	27,471	-143,409	-88,546	321,914	-96,991	-47,009	95,181	-435,662	257,468	-62,311	16,322	-63,885	-46,920	-20,491	94,694	-110,616	-18,825	-93,872	14,895	-45,148	88,509	-29,702	126,845	-118,208	-121,623	12,051	-67,433	173,620	-4,554	130,628	-11,453	-43,906	-13,813	-87,768	112,469	-	-	-	-
Net adjustments
354,187	249,983	153,378	-64,870	-514,287	783,032	-114,852	-144,060	-176,351	-138,732	532,113	143,754	-191,892	149,364	93,189	204,783	-115,073	-392,210	135,590	-71,498	91,901	27,085	29,206	-43,266	-320,378	-115,253	134,703	-19,204	-45,740	154,128	163,646	71,104	-595,268	-51,192	58,059	118,403	-174,880	-41,996	40,096	-34,714	-101,020
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-42,532	-	252,036	282,043	39,580	-235,680	232,688	111,649	217,321	167,002	215,546	105,968	-115,737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-7,285	286,157	254,670	239,963	-66,385	78,641	174,607	154,344	-5,169	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150,554	-	289,090	180,413	-35,165	-13,521	77,217	133,485	-103,540	-4,566	76,728	31,557	-42,851
Cash flows from investing activities
Purchases of debt securities
1,993,449	1,078,500	1,450,569	1,737,374	2,460,366	1,509,701	904,755	1,311,801	989,813	1,624,182	867,698	1,501,918	1,811,566	1,294,536	1,087,286	1,734,593	1,844,101	1,607,103	1,721,315	2,023,135	2,122,464	1,662,758	1,326,478	2,049,141	1,744,739	1,935,333	2,113,790	1,811,376	1,903,342	1,183,060	1,510,349	894,295	443,860	135,840	270,741	141,498	159,126	-	-	-	-
Purchases of equity securities
331,453	255,314	130,753	65,165	69,729	363,576	144,469	82,323	451,519	1,355,474	1,368,951	1,545,647	304,343	929,957	164,403	447,469	551,815	703,197	331,308	1,076,589	1,385,109	285,820	185,632	345,459	704,290	435,039	341,749	227,779	1,376,991	65,459	475,601	496,542	113,044	100,009	195,682	154,194	239,992	-	-	-	-
Sales of debt securities
1,960,691	996,050	773,023	889,102	987,132	1,368,052	611,578	653,502	1,014,024	1,149,987	643,125	843,539	1,349,608	941,915	689,672	1,462,822	1,800,873	2,082,447	1,194,260	1,504,460	1,596,406	1,417,137	930,900	1,542,351	1,668,560	1,682,996	1,540,684	1,095,124	2,178,552	959,044	533,447	532,277	192,637	325,684	56,992	100,697	103,979	-	-	-	-
Purchase of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	695,933	570,601	480,229
Sales of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253,741	638,376	440,116
Maturities and redemptions of debt securities
459,655	358,864	364,422	208,034	235,521	342,591	296,499	420,513	466,457	545,855	490,099	463,349	443,960	516,331	407,910	351,476	237,162	335,336	523,659	441,462	353,149	322,045	480,902	390,590	244,451	359,870	528,105	440,647	432,542	513,015	354,184	560,411	182,663	71,757	109,223	96,062	58,647	130,377	120,602	124,621	59,564
Sales of equity securities
602,627	34,508	311,385	440,256	1,510,222	1,076,783	263,297	96,748	172,819	1,344,648	998,643	608,848	1,363,269	869,483	72,498	459,120	665,994	852,528	165,005	1,022,477	1,132,816	387,319	143,326	198,376	314,160	443,018	397,478	430,571	863,175	104,825	81,341	130,476	465,542	806,504	198,365	19,914	317,351	-	-	-	-
Net (purchases) sales of short-term investments
-378,854	-48,344	-86,792	-219,714	376,414	202,667	218,427	-138,362	33,634	29,264	-100,776	-1,023,572	949,847	25,598	130,491	144,073	142,622	65,139	-282,717	121,538	-230,725	-101,935	164,619	-268,244	-418,649	358,550	88,330	123,933	372,447	131,043	-775,489	402,515	-625,330	919,881	-85,816	16,367	-18,753	-148,999	59,910	149,142	-58,208
Net (purchases) sales and maturities of commercial mortgage loans
-3,551	-19,824	14,593	14,934	-29	-19,357	117	31,839	5,569	8,664	13,163	16,856	24,803	79,987	100,747	134,238	101,959	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Purchases) sales of property and equipment
8,840	12,091	11,539	10,986	12,956	-15,580	25,702	2,107	11,057	3,493	5,738	-20,486	4,480	5,023	9,939	6,955	2,088	-18,027	31,930	2,746	10,609	6,348	7,242	18,072	12,019	9,199	5,135	1,536	1,557	4,392	1,781	823	1,127	1,137	692	1,998	2,584	1,800	1,257	2,161	1,389
Net (purchase) sale of other invested assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Purchases of affiliates and subsidiaries, net of cash acquired
26,383	133,128	21,048	65,241	-1,157	124,540	2,250	3,000	105,386	-	-	-	-	34,989	22,888	121,345	1,020	109,398	0	3,569	43,900	-	-	-	-	-	-	-	-	-40,573	0	43,765	433,310	-	-	-	-	-	-	-	-
Other, net
152,416	6,614	42,446	64,581	-73,423	145,860	-8,967	-74,366	23,951	50,980	56,283	-55,197	-29,388	158,592	-105,694	-43,366	20,329	43,997	256,318	-272,263	-1,232	25,032	138,552	92,007	1,499	-248,809	209,063	-32,585	-20,439	203,336	-114,350	70,767	4,195	-4,628	370	1,109	-652	25,715	-50,992	-12,587	2,828
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	91,186	-	-239,980	-271,889	40,095	581,557	-175,230	13,085	-247,754	240,275	-267,395	-105,118	183,273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
892,837	-28,057	-135,326	-201,175	-111,981	476,019	-115,379	-47,579	32,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-159,629	-	-128,920	-685,543	470,636	51,706	-17,089	-98,493	97,680	-5,878	-346,765	48,680	73,442
Cash flows from financing activities
Repayment of senior notes
307,095	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury stock acquisitions
44,268	31,976	19,294	12,666	80,486	209,580	45,950	214,835	21,268	-	-	-	-	12,642	2,390	0	53,288	51,292	151,976	13,914	26,632	78,033	62,538	65,265	94,642	0	0	8,813	31,576	-	-	-	-	43,915	55,133	14,875	6,402	16,582	6,736	52,300	7,517
Increase (decrease) in other debt
62,659	55,133	-19,401	37,828	8,178	53,512	12,440	28,495	9,957	-1,722	-1,104	-20,589	-5,509	13,778	45,655	-7,028	4,508	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
215,013	-	-	-	-	0	0	0	153,967	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
3,664	-3,539	-5,647	-19,923	-11,421	-3,342	2,537	663	4,654	-2,330	-1,832	-2,181	-13,057	-1,733	-95	-5,405	1,226	-19,519	14,667	-7,085	7,344	-2,175	14,723	1,197	8,929	-1,100	-21,913	1,531	-8,735	9,200	0	1,500	-1,126	0	0	-159	402	201	0	-43	175
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-18,566	-	43,170	-12,433	-47,554	-431,187	-137,309	-20,999	-19,288	-398,796	246,502	-64,068	-85,713	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-500,053	19,618	-44,342	5,239	-83,729	-159,410	-30,973	-185,677	-160,624	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-40,311	-	0	397,787	-1,126	-43,915	-55,133	-14,389	-6,000	-16,274	289,314	-51,830	-7,342
Effect of foreign exchange rate changes on cash
-9,412	3,903	-2,343	2,727	1,396	-3,395	-4,570	-8,905	6,087	1,772	6,448	9,555	266	7,466	2,862	3,355	2,355	-2,610	-4,863	6,681	-18,053	-10,827	-6,503	1,259	1,276	-2,564	-842	-15,244	-25,259	-4,739	6,528	-8,258	1,122	-	-	-	-	-	-	-	-
Net increase (decrease) in cash
376,087	281,621	72,659	46,754	-260,699	391,855	23,685	-87,817	-127,335	136,534	58,156	19,240	30,354	25,184	58,088	1,076	34,476	-87,920	-84,714	110,416	-67,774	-2,346	188,150	-61,959	-16,901	83,633	-66,479	-93,718	-74,645	78,211	166,698	-115,601	435,467	-5,730	4,995	20,603	-11,860	-26,718	19,277	28,407	23,249
Supplemental disclosures of cash flow information
Interest paid
17,065	27,987	20,826	28,835	19,368	28,539	17,244	25,620	16,942	25,038	16,926	24,848	16,359	24,394	16,116	24,192	16,115	34,801	16,062	34,877	16,406	40,554	8,599	43,244	8,580	43,301	8,487	43,076	8,438	43,132	8,437	33,176	8,438	0	8,438	0	8,203	-	-	-	-
Income taxes paid (refund received)
24,604	-4,539	86,997	18,985	-39,657	345	11,197	1,860	20,275	-20,457	-1,922	25,293	5,949	31,054	36,772	3,460	11,737	37,086	-8,423	32,823	-1,787	83,616	96,380	83,948	71,106	25,114	49,806	46,184	-45,366	-33,626	66,514	66,660	17,017	-1,512	13,638	20,464	260	23,619	492	43,751	2,453