MKL: the cashflow

MyFinsight

For the quarter ending 2025-09-30, MKL had $321,810K increase in cash & cash equivalents over the period. $1,166,054K in free cash flow.

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

Cash Flow	2025-09-30	2025-06-30
Net income	763,787	806,532
Adjustments to reconcile net income to net cash provided by operating activities	454,688	74,056
Net cash provided by operating activities	1,218,475	880,588
Proceeds from sales, maturities, calls, and prepayments of fixed maturity securities	781,278	1,044,717
Cost of fixed maturity securities purchased	1,173,048	1,530,292
Proceeds from sales of equity securities	59,971	103,788
Cost of equity securities purchased	90,045	200,317
Net change in short-term investments	255,867	-728,977
Cost of other investments purchased	40,544	-
Additions to property and equipment	52,421	91,353
Acquisitions, net of cash acquired	0	60,003
Other	-51,373	-87,879
Net cash used by investing activities	-719,303	83,396
Additions to senior long-term debt and other debt	171,254	540,821
Repayment of senior long-term debt and other debt	251,753	509,632
Repurchases of common stock	74,393	269,621
Dividends paid on preferred stock	0	18,000
Redemption of preferred stock	0	600,000
Purchase of noncontrolling interests	0	61,777
Other	-15,938	-9,538
Net cash provided (used) by financing activities	-170,830	-927,747
Effect of foreign currency rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents	-6,532	66,608
Increase in cash, cash equivalents, restricted cash, and restricted cash equivalents	321,810	102,845
Cash and cash equivalents at beginning of period	4,192,248	-
Cash and cash equivalents at end of period	4,616,903	-

Unit: Thousand (K) dollars