SAFETY INSURANCE GROUP, INC. (SAFT) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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SAFETY INSURANCE GROUP, INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $34,517,000.00Unearned premium reserves → Operating adjustments reconciliation: $24,427,000.00Payable to reinsurers → Operating adjustments reconciliation: $16,597,000.00Accounts payable and accrued liabilities → Operating adjustments reconciliation: $11,056,000.00Other assets → Operating adjustments reconciliation: $2,779,000.00Fixed asset depreciation, net → Operating adjustments reconciliation: $1,370,000.00Stock based compensation → Operating adjustments reconciliation: $1,307,000.00Credit loss expense → Operating adjustments reconciliation: $7,000.00Operating adjustments reconciliation → Net cash from operating activities: $3,811,000.00Operating adjustments reconciliation → Accounts receivable, net: $19,102,000.00Operating adjustments reconciliation → Receivable from reinsurers: $11,778,000.00Operating adjustments reconciliation → Losses and loss adjustment expense reserves: $4,825,000.00Operating adjustments reconciliation → Change in net unrealized gains on equity securities: $4,720,000.00Operating adjustments reconciliation → Deferred policy acquisition costs: $4,240,000.00Operating adjustments reconciliation → Remaining operating cash flows, net (calculated): $2,921,000.00Operating adjustments reconciliation → Ceded unearned premiums: $2,573,000.00Operating adjustments reconciliation → Net realized gains on investments: $1,418,000.00Operating adjustments reconciliation → Credit for deferred income taxes: $1,243,000.00Operating adjustments reconciliation → Earnings from partnership investments: $456,000.00Operating adjustments reconciliation → Accrued investment income: $306,000.00Operating adjustments reconciliation → Investment amortization, net: $150,000.00Proceeds from sales and paydowns of fixed maturities → investing reconciliation: $76,027,000.00Proceed from sales of equity securities → investing reconciliation: $17,775,000.00Proceeds from maturities, redemptions, and calls of fixed maturities → investing reconciliation: $6,618,000.00Proceeds from other invested assets redeemed → investing reconciliation: $3,359,000.00investing reconciliation → Fixed maturities purchased: $95,980,000.00investing reconciliation → Equity securities purchased: $18,322,000.00investing reconciliation → Other invested assets purchased: $729,000.00investing reconciliation → Fixed assets purchased: $627,000.00Net cash used in financing activities → financing reconciliation: $13,362,000.00financing reconciliation → Dividends paid to shareholders: $13,362,000.00Net cash used in investing activities → investing reconciliation: $11,879,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $54,831,000.00Net cash from operating activities → Cash sources and uses: $38,328,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $67,918,000.00Cash sources and uses → Net cash used in investing activities: $11,879,000.00Cash sources and uses → Net cash used in financing activities: $13,362,000.00Net income: $34,517,000.00Net income+$34.52 MInvestment amortization, net: -$150,000.00Investment discount & premium−$150.00 KFixed asset depreciation, net: $1,370,000.00Depreciation & amortization+$1.37 MChange in net unrealized gains on equity securities: -$4,720,000.00Unrealized equity gain & loss−$4.72 MStock based compensation: $1,307,000.00Allocated share-based expense+$1.31 MCredit for deferred income taxes: -$1,243,000.00Deferred income taxes−$1.24 MEarnings from partnership investments: -$456,000.00Equity-method income, net−$456.00 KNet realized gains on investments: -$1,418,000.00Realized investment gain & loss−$1.42 MAccounts receivable, net: -$19,102,000.00Accounts receivable−$19.10 MAccrued investment income: -$306,000.00Interest & dividend receivables−$306.00 KReceivable from reinsurers: -$11,778,000.00Reinsurance recoverables−$11.78 MCeded unearned premiums: -$2,573,000.00Prepaid reinsurance premiums−$2.57 MDeferred policy acquisition costs: -$4,240,000.00Deferred acquisition costs−$4.24 MOther assets: $2,779,000.00Other operating assets+$2.78 MLosses and loss adjustment expense reserves: -$4,825,000.00Claims reserves−$4.83 MUnearned premium reserves: $24,427,000.00Unearned premiums+$24.43 MAccounts payable and accrued liabilities: $11,056,000.00Payables & accrued liabilities+$11.06 MPayable to reinsurers: $16,597,000.00Reinsurance payables+$16.60 MCredit loss expense: $7,000.00Credit loss expense+$7.00 KRemaining operating cash flows, net (calculated): -$2,921,000.00Remaining operating (calculated)−$2.92 MNet cash from operating activities: $38,328,000.00Operating cash+$38.33 MOperating adjustments reconciliation: $57,543,000.00Dividends paid to shareholders: -$13,362,000.00Common dividends paid−$13.36 MNet cash used in financing activities: -$13,362,000.00. Cash required to fund net payments.Financing cash−$13.36 Mfinancing reconciliation: $13,362,000.00Fixed maturities purchased: -$95,980,000.00AFS securities purchases−$95.98 MOther invested assets purchased: -$729,000.00Equity-method investments made−$729.00 KProceeds from sales and paydowns of fixed maturities: $76,027,000.00AFS securities sales+$76.03 MEquity securities purchased: -$18,322,000.00Equity securities purchased−$18.32 MProceeds from maturities, redemptions, and calls of fixed maturities: $6,618,000.00AFS securities maturities+$6.62 MProceeds from other invested assets redeemed: $3,359,000.00Other investment proceeds+$3.36 MFixed assets purchased: -$627,000.00PP&E purchases−$627.00 KProceed from sales of equity securities: $17,775,000.00Equity securities sales+$17.78 MNet cash used in investing activities: -$11,879,000.00. Cash required to fund net payments.Investing cash−$11.88 Minvesting reconciliation: $115,658,000.00Cash sources and uses: $93,159,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $54,831,000.00Beginning cash$54.83 MEnding cash: Cash, cash equivalents, and restricted cash: $67,918,000.00Ending cash$67.92 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$37.70 MOperating cash − cash spent on PP&ECash flow / Net income1.11×Operating cash flow ÷ net incomeNet cash change+$13.09 MEnding cash − beginning cash
Chart details

SAFETY INSURANCE GROUP, INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

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
54,831,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
38,328,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Taxes payable), so Taxes recoverable/payable cannot be separated for this quarter. It may combine inflows and outflows.
Net income
34,517,000 US dollars
Investment amortization, net
negative 150,000 US dollars
Fixed asset depreciation, net
1,370,000 US dollars
Change in net unrealized gains on equity securities
negative 4,720,000 US dollars
Stock based compensation
1,307,000 US dollars
Credit for deferred income taxes
negative 1,243,000 US dollars
Earnings from partnership investments
negative 456,000 US dollars
Net realized gains on investments
negative 1,418,000 US dollars
Accounts receivable, net
negative 19,102,000 US dollars
Accrued investment income
negative 306,000 US dollars
Receivable from reinsurers
negative 11,778,000 US dollars
Ceded unearned premiums
negative 2,573,000 US dollars
Deferred policy acquisition costs
negative 4,240,000 US dollars
Other assets
2,779,000 US dollars
Losses and loss adjustment expense reserves
negative 4,825,000 US dollars
Unearned premium reserves
24,427,000 US dollars
Accounts payable and accrued liabilities
11,056,000 US dollars
Payable to reinsurers
16,597,000 US dollars
Credit loss expense
7,000 US dollars
Remaining operating cash flows, net (calculated)
negative 2,921,000 US dollars
Investing activities
negative 11,879,000 US dollars. Net cash used.
Fixed maturities purchased
negative 95,980,000 US dollars
Other invested assets purchased
negative 729,000 US dollars
Proceeds from sales and paydowns of fixed maturities
76,027,000 US dollars
Equity securities purchased
negative 18,322,000 US dollars
Proceeds from maturities, redemptions, and calls of fixed maturities
6,618,000 US dollars
Proceeds from other invested assets redeemed
3,359,000 US dollars
Fixed assets purchased
negative 627,000 US dollars
Proceed from sales of equity securities
17,775,000 US dollars
Financing activities
negative 13,362,000 US dollars. Net cash used.
Dividends paid to shareholders
negative 13,362,000 US dollars
Operating adjustment reconciliation
57,543,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing gross reconciliation
13,362,000 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
115,658,000 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
67,918,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
93,159,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
13,087,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.11×. 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.
Operating cash flow
38,328,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
627,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
37,701,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

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 $3.81M 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.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 38,328,000 US dollars minus 627,000 US dollars equals 37,701,000 US dollars.
SAFETY INSURANCE GROUP, INC. (SAFT) FY2026 Q2 Statement of Cash Flows Sankey chart
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