For the quarter ending 2025-09-30, SAFT had $6,824K increase in cash & cash equivalents over the period. $85,452K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 28,310 | 50,833 |
| Investment amortization, net | 796 | 321 |
| Fixed asset depreciation, net | 1,489 | 3,911 |
| Stock based compensation | 1,155 | 2,528 |
| Credit for deferred income taxes | -1,158 | -88 |
| Net realized gains on investments | 1,338 | 6,394 |
| Credit loss (benefit) expense | -487 | 255 |
| Earnings from partnership investments | -4,409 | 2,413 |
| Change in net unrealized gains on equity securities | 6,310 | 6,923 |
| Accounts receivable, net | 164 | 26,549 |
| Accrued investment income | 752 | 1,256 |
| Receivable from reinsurers | 4,812 | 10,682 |
| Ceded unearned premiums | -1,792 | 95 |
| Deferred policy acquisition costs | 4,254 | 6,007 |
| Taxes payable | -2,886 | 2,710 |
| Other assets | 2,114 | 932 |
| Losses and loss adjustment expense reserves | 33,871 | 14,272 |
| Unearned premium reserves | 16,401 | 39,548 |
| Accounts payable and accrued liabilities | 3,482 | -7,618 |
| Payable to reinsurers | 13,842 | -3,863 |
| Net cash provided by operating activities | 85,452 | 35,496 |
| Fixed maturities purchased | 171,609 | 117,399 |
| Equity securities purchased | 16,985 | 37,209 |
| Other invested assets purchased | 1,667 | 4,406 |
| Proceeds from sales and paydowns of fixed maturities | 83,705 | 44,818 |
| Proceeds from maturities, redemptions, and calls of fixed maturities | 22,959 | 32,519 |
| Proceeds from maturities of short-term investments | 0 | 20,000 |
| Proceed from sales of equity securities | 17,574 | 37,407 |
| Proceeds from other invested assets redeemed | 964 | 6,453 |
| Fixed assets purchased | 0 | 400 |
| Net cash used for investing activities | -65,059 | -18,217 |
| Proceeds from loan-RBSCitizens | 0 | 30,000 |
| Payments on fhlb loan | 0 | 30,000 |
| Dividends paid to shareholders | 13,569 | 26,844 |
| Net cash used for financing activities | -13,569 | -26,844 |
| Net (decrease) increase in cash and cash equivalents | 6,824 | -9,565 |
| Cash and cash equivalents at beginning of period | 58,974 | - |
| Cash and cash equivalents at end of period | 56,233 | - |
SAFETY INSURANCE GROUP INC (SAFT)
SAFETY INSURANCE GROUP INC (SAFT)