PFG: the cash flow

Cash Flow Overview

Change in Cash

$1,205,500K

Unit: Thousand (K) dollars

Positive Cash Flow Breakdown

Negative Cash Flow Breakdown

Cash Flow

2026-06-30

2026-03-31

2025-12-31

2025-09-30

Net income (loss)

1,255,500

Net realized capital (gains) losses

27,700

Net realized capital (gains) losses on funds withheld assets

43,200

Change in fair value of funds withheld embedded derivative

-381,100

Depreciation and amortization expense

251,400

Amortization of deferred acquisition costs and contract costs

480,500

Additions to deferred acquisition costs and contract costs

-512,800

Amortization of reinsurance (gain) loss

-96,900

Market risk benefit remeasurement (gain) loss

-63,100

Stock-based compensation

109,900

(income) loss from equity method investments, net of dividends received

127,700

Accrued investment income

43,300

Net cash flows for trading securities and equity securities with operating intent

79,300

Premiums due and other receivables

181,000

Contractholder and policyholder liabilities and dividends

2,530,000

Current and deferred income taxes (benefits)

-96,400

Real estate acquired through operating activities

4,200

Funds withheld, net of reinsurance recoverable and deposit receivable

-59,400

Other assets and liabilities

-254,100

Other

11,800

Net adjustments

3,281,200

Net cash provided by operating activities

2,077,400

187,100

1,743,700

1,003,800

Fixed maturities available-for-sale and equity securities with intent to hold purchases

4,401,200

4,044,300

5,579,800

2,698,900

Fixed maturities available-for-sale and equity securities with intent to hold sales

1,197,000

940,500

499,300

834,500

Fixed maturities available-for-sale and equity securities with intent to hold maturities

2,354,000

2,436,700

2,403,800

2,237,200

Mortgage loans acquired or originated

1,124,600

738,900

1,191,700

966,900

Mortgage loans sold or repaid

876,800

604,300

900,200

914,400

Real estate acquired

58,300

17,500

47,200

23,600

Real estate sold

4,100

10,500

48,600

142,900

Net purchases of property and equipment

67,600

33,800

34,400

24,000

Purchase of business or interests in subsidiaries, net of cash acquired

-2,800

16,900

Sale of interests in subsidiaries, net of cash divested

2,500

5,600

Net change in other investments

204,200

102,900

94,400

247,800

Net cash provided by (used in) investing activities

-1,421,200

-959,800

-3,101,200

167,800

Issuance of common stock

40,800

28,200

10,100

6,300

Acquisition of treasury stock

257,700

235,000

275,400

227,700

Payments for financing element derivatives

8,700

10,900

10,400

10,100

Purchase of subsidiary shares from noncontrolling interest

300

3,300

2,900

Dividends to common stockholders

176,500

173,500

172,400

172,900

Principal repayments of long-term debt

100

Issuance of long-term debt

394,900

Net proceeds from (repayments of) short-term borrowings

-2,200

-9,000

13,100

-10,500

Investment contract deposits

3,175,100

3,169,300

3,197,100

3,098,700

Investment contract withdrawals

2,823,900

2,633,100

2,430,000

2,462,200

Net increase (decrease) in banking operation deposits

207,400

260,100

322,800

87,700

Other

-100

-200

200

Net cash provided by (used in) financing activities

549,300

395,700

651,400

306,500

Net increase (decrease) in cash and cash equivalents

1,205,500

-377,000

-706,100

1,478,100

Cash and cash equivalents at beginning of period

4,054,000

4,431,000

3,875,700

Cash and cash equivalents at end of period

5,259,500

4,054,000

4,431,000

5,137,100

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow Overview

Change in Cash

$1,205,500K

Unit: Thousand (K) dollars

Positive Cash Flow Breakdown

Negative Cash Flow Breakdown

Cash Flow

2026-06-30

2026-03-31

2025-12-31

2025-09-30

Net income (loss)

1,255,500

Net realized capital (gains) losses

27,700

Net realized capital (gains) losses on funds withheld assets

43,200

Change in fair value of funds withheld embedded derivative

-381,100

Depreciation and amortization expense

251,400

Amortization of deferred acquisition costs and contract costs

480,500

Additions to deferred acquisition costs and contract costs

-512,800

Amortization of reinsurance (gain) loss

-96,900

Market risk benefit remeasurement (gain) loss

-63,100

Stock-based compensation

109,900

(income) loss from equity method investments, net of dividends received

127,700

Accrued investment income

43,300

Net cash flows for trading securities and equity securities with operating intent

79,300

Premiums due and other receivables

181,000

Contractholder and policyholder liabilities and dividends

2,530,000

Current and deferred income taxes (benefits)

-96,400

Real estate acquired through operating activities

4,200

Funds withheld, net of reinsurance recoverable and deposit receivable

-59,400

Other assets and liabilities

-254,100

Other

11,800

Net adjustments

3,281,200

Net cash provided by operating activities

2,077,400

187,100

1,743,700

1,003,800

Fixed maturities available-for-sale and equity securities with intent to hold purchases

4,401,200

4,044,300

5,579,800

2,698,900

Fixed maturities available-for-sale and equity securities with intent to hold sales

1,197,000

940,500

499,300

834,500

Fixed maturities available-for-sale and equity securities with intent to hold maturities

2,354,000

2,436,700

2,403,800

2,237,200

Mortgage loans acquired or originated

1,124,600

738,900

1,191,700

966,900

Mortgage loans sold or repaid

876,800

604,300

900,200

914,400

Real estate acquired

58,300

17,500

47,200

23,600

Real estate sold

4,100

10,500

48,600

142,900

Net purchases of property and equipment

67,600

33,800

34,400

24,000

Purchase of business or interests in subsidiaries, net of cash acquired

-2,800

16,900

Sale of interests in subsidiaries, net of cash divested

2,500

5,600

Net change in other investments

204,200

102,900

94,400

247,800

Net cash provided by (used in) investing activities

-1,421,200

-959,800

-3,101,200

167,800

Issuance of common stock

40,800

28,200

10,100

6,300

Acquisition of treasury stock

257,700

235,000

275,400

227,700

Payments for financing element derivatives

8,700

10,900

10,400

10,100

Purchase of subsidiary shares from noncontrolling interest

300

3,300

2,900

Dividends to common stockholders

176,500

173,500

172,400

172,900

Principal repayments of long-term debt

100

Issuance of long-term debt

394,900

Net proceeds from (repayments of) short-term borrowings

-2,200

-9,000

13,100

-10,500

Investment contract deposits

3,175,100

3,169,300

3,197,100

3,098,700

Investment contract withdrawals

2,823,900

2,633,100

2,430,000

2,462,200

Net increase (decrease) in banking operation deposits

207,400

260,100

322,800

87,700

Other

-100

-200

200

Net cash provided by (used in) financing activities

549,300

395,700

651,400

306,500

Net increase (decrease) in cash and cash equivalents

1,205,500

-377,000

-706,100

1,478,100

Cash and cash equivalents at beginning of period

4,054,000

4,431,000

3,875,700

Cash and cash equivalents at end of period

5,259,500

4,054,000

4,431,000

5,137,100

Time Plot

Show the time plot by selecting a row from the table.