The Hanover Insurance Group (THG)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 35,300 | 116,000 | 422,800 | 358,700 | 425,100 |
| Depreciation Amortization | 14,200 | 18,400 | 20,300 | 24,200 | 33,000 |
| Income taxes - deferred | -24,600 | -46,500 | 25,000 | -23,000 | 12,500 |
| Accounts payable and accrued liabilities | N/A | N/A | N/A | 437,900 | 498,600 |
| Other Working Capital | 272,100 | 561,300 | 620,000 | 351,200 | 237,400 |
| Other Operating Activity | 64,700 | 73,100 | -264,400 | -441,400 | -603,700 |
| Operating Cash Flow | $361,700 | $722,300 | $823,700 | $707,600 | $602,900 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -11,900 | -17,800 | -8,000 | -14,900 | -13,300 |
| Net Acquisitions | N/A | N/A | N/A | N/A | 34,700 |
| Purchase Of Investment | -1,130,600 | -2,084,500 | -2,302,900 | -2,084,200 | -1,920,500 |
| Sale Of Investment | 914,000 | 1,594,700 | 1,850,700 | 1,490,300 | 1,587,200 |
| Investing Cash Flow | $-228,500 | $-507,600 | $-460,200 | $-608,800 | $-311,900 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | N/A | N/A | N/A | 296,400 | N/A |
| Debt Repayment | N/A | N/A | N/A | -175,800 | -151,100 |
| Common Stock Issued | 6,500 | 13,300 | 20,500 | 6,300 | 14,400 |
| Common Stock Repurchased | N/A | -30,800 | -162,600 | -212,800 | -563,600 |
| Dividend Paid | -117,200 | -108,900 | -102,200 | -99,500 | -386,200 |
| Other Financing Activity | -11,400 | -14,200 | -8,900 | -8,500 | -12,800 |
| Financing Cash Flow | $-122,100 | $-140,600 | $-253,200 | $-193,900 | $-1,099,300 |
| Beginning Cash Position | 305,000 | 230,900 | 120,600 | 215,700 | 1,020,700 |
| End Cash Position | 316,100 | 305,000 | 230,900 | 120,600 | 215,700 |
| Net Cash Flow | $11,100 | $74,100 | $110,300 | $-95,100 | $-805,000 |
| Free Cash Flow | |||||
| Operating Cash Flow | 361,700 | 722,300 | 823,700 | 707,600 | 602,900 |
| Capital Expenditure | -11,900 | -17,800 | -8,000 | -14,900 | -13,300 |
| Free Cash Flow | 349,800 | 704,500 | 815,700 | 692,700 | 589,600 |