# HORACE MANN EDUCATORS CORPORATION (HMN) FY2026 Q2 Statement of Cash Flows

- Company: HORACE MANN EDUCATORS CORPORATION (HMN)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-07, accession number 0000850141-26-000033
- Page: https://plicit.ai/financials/hmn/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/hmn-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 20,900,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 223,700,000 US dollars. Net cash provided.
- **Net income**: 41,600,000 US dollars
- **Net investment (gains) losses**: 100,000 US dollars
- **Depreciation and intangible asset amortization**: 6,700,000 US dollars
- **Share-based compensation expense**: 2,400,000 US dollars
- **Insurance liabilities**: 61,000,000 US dollars
- **Amounts due under reinsurance agreements**: 12,300,000 US dollars
- **Income tax liabilities**: negative 24,100,000 US dollars
- **Other operating assets and liabilities**: 116,300,000 US dollars
- **Other, net**: 3,600,000 US dollars
- **Loss (gain) from equity method investments, net of dividends or distributions**: 3,800,000 US dollars
- **Contributions to defined benefit plan**: 0 US dollars
- **Investing activities**: negative 102,900,000 US dollars. Net cash used.
- **Fixed maturity securities purchases**: negative 312,500,000 US dollars
- **Fixed maturity securities sales**: 137,800,000 US dollars
- **Fixed maturity securities maturities, paydowns, calls and redemptions**: 200,100,000 US dollars
- **Equity securities purchases**: negative 1,200,000 US dollars
- **Limited partnership interests purchases**: negative 37,200,000 US dollars
- **Limited partnership interests sales**: 19,500,000 US dollars
- **Change in short-term and other investments, net**: negative 106,000,000 US dollars
- **Other, net**: negative 3,400,000 US dollars
- **Equity securities sales, calls and repayments**: 0 US dollars
- **Financing activities**: negative 95,500,000 US dollars. Net cash used.
- **Dividends paid to shareholders**: negative 14,500,000 US dollars
- **Treasury stock acquired**: 100,000 US dollars
- **Proceeds from exercise of stock options**: 3,200,000 US dollars
- **Withholding tax payments on RSUs and options tendered**: negative 900,000 US dollars
- **Deposits**: 248,900,000 US dollars
- **Benefits, withdrawals and net transfers to Separate Account variable annuity assets**: negative 173,100,000 US dollars
- **Repayment of FHLB funding agreements**: negative 127,500,000 US dollars
- **Life policy accounts deposits, withdrawals, and surrenders**: 6,200,000 US dollars
- **Change in deposit asset on reinsurance**: negative 40,400,000 US dollars
- **Net increase (decrease) in reverse repurchase agreements**: 0 US dollars
- **Change in book overdrafts**: 2,500,000 US dollars
- **Operating adjustment reconciliation**: 206,200,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 356,400,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 460,300,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Jun 30, 2026**: 46,200,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 244,600,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 25,300,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 5.38×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $182.10M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.