Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2021) 9 Months |
(Jun 30 2021) 6 Months |
(Mar 31 2021) 3 Months |
(Dec 31 2020) 12 Months |
(Sep 30 2020) 9 Months |
Income |
-191.28 |
-143.19 |
-67.01 |
-215.84 |
-147.54 |
Depreciation & amortization |
1.55 |
1.23 |
0.54 |
1.17 |
0.83 |
Amortization of Other Assets |
19.59 |
12.00 |
6.14 |
19.76 |
13.62 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
2.91 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
14.25 |
9.25 |
5.35 |
110.84 |
96.62 |
Income (Loss) from Equity Method Investments |
14.94 |
8.94 |
4.07 |
11.00 |
4.28 |
Paid-in-Kind Interest |
3.15 |
1.07 |
0.53 |
2.34 |
1.80 |
Gain Loss On Life Settlements |
- |
- |
- |
- |
- |
Preferred Stock Issued For Dividends |
- |
- |
- |
- |
- |
Redeemable Preferred Stock Dividends |
- |
- |
- |
- |
- |
Financing Receivable From Affiliates |
- |
- |
- |
- |
- |
Amortization Of Debt Premiums |
- |
- |
- |
- |
- |
Noncash Interest Income |
- |
- |
- |
- |
-25.81 |
Share Based Compensation Clawback |
- |
- |
- |
-36.27 |
-36.27 |
Accretion Of Discount On Related Party Receivable |
- |
- |
- |
- |
3.24 |
Policy Loans Receivable Credit Loss Expense Reversal |
- |
- |
- |
- |
- |
Paid In Kind Interest Income |
-0.21 |
-0.14 |
-0.07 |
-38.53 |
- |
Investment Income Net |
-21.42 |
-3.86 |
-2.09 |
3.19 |
- |
Write Off Of Other Equity Investment |
2.04 |
2.04 |
2.04 |
- |
- |
Increase Decrease In Policy Benefits Receivable |
-18.77 |
-11.65 |
-3.90 |
- |
- |
Income taxes |
-0.14 |
-0.80 |
-0.47 |
-16.93 |
-4.62 |
Unrealized Gain (Loss) on Investments |
-0.62 |
3.24 |
-8.16 |
-34.11 |
-23.48 |
Increase (Decrease) in Other Receivables |
- |
- |
- |
- |
-2.64 |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
-2.02 |
-1.60 |
-9.31 |
3.12 |
8.31 |
Increase (Decrease) in Interest Payable, Net |
- |
- |
- |
1.04 |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-1.37 |
-1.50 |
4.36 |
-0.60 |
-2.63 |
Other Noncash Income |
- |
- |
- |
- |
-5.36 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
4.02 |
4.25 |
2.18 |
-0.28 |
-13.39 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-176.29 |
-120.73 |
-65.80 |
-182.40 |
-142.91 |
Capital Expenditures |
-2.48 |
-1.53 |
-0.72 |
-3.28 |
-2.50 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Investments |
- |
- |
- |
- |
- |
Short-term Investments Acq. |
- |
- |
- |
- |
- |
Real Estate Investments |
- |
- |
- |
- |
- |
Proceeds From Life Settlement Investing Activities |
- |
- |
- |
- |
- |
Proceeds From Settlement Of Life Settlements |
- |
- |
- |
- |
- |
Proceeds From Settlement Of Life Insurance Contracts |
- |
- |
- |
- |
18.79 |
Payments For Secured Advances |
- |
- |
- |
- |
- |
Proceeds From Secured Advances |
- |
- |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Loans and Leases |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments to Acquire Long-term Investments |
15.22 |
12.37 |
5.02 |
-2.76 |
-14.78 |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
- |
Payments to Acquire Equity Method Investments |
-3.75 |
-2.50 |
-1.25 |
-14.14 |
-10.14 |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans Receivable, Total |
- |
- |
- |
- |
11.17 |
Proceeds from Life Insurance Policies |
30.97 |
18.65 |
8.57 |
38.19 |
32.26 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
39.97 |
26.98 |
11.63 |
18.01 |
16.01 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
-3.29 |
-1.40 |
-0.10 |
-3.21 |
-3.31 |
Long-term debt - borrowings |
371.13 |
217.82 |
134.94 |
468.73 |
345.83 |
Long-term debt - repayments |
-209.07 |
-102.30 |
-63.02 |
-110.69 |
-82.21 |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-0.78 |
-0.16 |
-0.19 |
-0.63 |
0.01 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
-58.35 |
-35.65 |
-15.36 |
-46.25 |
-35.97 |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-11.40 |
-11.31 |
-8.92 |
-29.46 |
-20.20 |
Dividends Common Stock Stock |
- |
- |
- |
- |
- |
Issuance Of Common Stock |
- |
- |
- |
- |
- |
Payments For Issuance Costs Of Preferred Stock |
- |
- |
- |
- |
- |
Payments For Issuance Costs Of Preferreds Tock |
- |
- |
- |
- |
- |
Proceed from Issuance of Redeemable Preferred Stock |
- |
- |
- |
- |
- |
Repayments Of Senior Debt And Other |
- |
- |
- |
-50.00 |
- |
Repayments Of Senior And Debt Due To Related Parties |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
-8.37 |
-5.97 |
-3.19 |
-20.22 |
-16.83 |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
79.88 |
61.04 |
44.16 |
172.76 |
137.32 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-178.76 |
-122.26 |
-66.52 |
-185.68 |
-145.40 |
Total Cash Flow |
-56.44 |
-32.71 |
-10.01 |
8.37 |
10.43 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |