MCY: the cashflow

MyFinsight

For the year ending 2025-12-31, MCY had $595,317K increase in cash & cash equivalents over the period. $1,028,757K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net income	541,094
Depreciation and amortization	74,989
Net realized investment gains	131,368
Net gains on sales of fixed assets	2,690
Loss on property held for sale	0
Increase in premiums receivable	54,778
(increase) decrease in reinsurance recoverables	81,059
Changes in current and deferred income taxes	-25,236
Increase in deferred policy acquisition costs	24,392
Increase in loss and loss adjustment expense reserves	481,307
Increase in unearned premiums	216,105
Increase in accounts payable and accrued expenses	32,747
Other, net	9,997
Net cash provided by operating activities	1,087,188
Purchases	1,843,241
Sales	458,246
Calls or maturities	876,688
Purchases	1,926,502
Sales	2,083,902
Calls	0
Changes in securities payable and receivable	-470
Increase in short-term investments	53,166
Purchases of fixed assets	58,431
Sales of fixed assets	34,153
Other, net	-7,725
Net cash used in investing activities	-420,156
Dividends paid to shareholders	70,343
Proceeds from stock options exercised	0
Payments on finance lease obligations	1,372
Proceeds from bank loan	0
Net cash (used in) provided by financing activities	-71,715
Net increase in cash	595,317
Cash and cash equivalents at beginning of period	720,257
Cash and cash equivalents at end of period	1,315,574

Unit: Thousand (K) dollars