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ZENITH NATIONAL INSURANCE CORP

EDGAR

Quarterly report (10-Q) · filed 2010-04-21

80 filing records in this dataset, filed from 1994-03-29 to 2010-04-21. Explore the available filing history and original sources.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

127 million USD

2010-03-31 · USD

Exact inputs and evidence

Revenue: 127148000 USD Source

Net margin

-0.63%

2010-03-31 · %

Exact inputs and evidence

Net Income: -800000 USD Source
Revenue: 127148000 USD Source

Operating cash flow

-1.99 million USD

2010-03-31 · USD

Exact inputs and evidence

Operating Cash Flow: -1987000 USD Source

Cash and cash equivalents: 15.8 million USD 2010-03-31 Source
Exact value

15782000 USD
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

563 million USD

2009-04-01 – 2010-03-31

Exact inputs and evidence

Revenue: 139177000 USD · 2009-04-01 – 2009-06-30 Source
Revenue: 156888000 USD · 2009-07-01 – 2009-09-30 Source
Revenue: 584847000 USD · 2009-01-01 – 2009-12-31 Source
Revenue: 444578000 USD · 2009-01-01 – 2009-09-30 Source
Revenue: 127148000 USD · 2010-01-01 – 2010-03-31 Source

Net income

31 million USD

2009-04-01 – 2010-03-31

Exact inputs and evidence

Net income: 1800000 USD · 2009-04-01 – 2009-06-30 Source
Net income: 19200000 USD · 2009-07-01 – 2009-09-30 Source
Net income: 34400000 USD · 2009-01-01 – 2009-12-31 Source
Net income: 23600000 USD · 2009-01-01 – 2009-09-30 Source
Net income: -800000 USD · 2010-01-01 – 2010-03-31 Source

Operating cash flow

-13.9 million USD

2009-04-01 – 2010-03-31

Exact inputs and evidence

Operating cash flow: -10104000 USD · 2009-01-01 – 2009-06-30 Source
Operating cash flow: -10100000 USD · 2009-01-01 – 2009-03-31 Source
Operating cash flow: 3340000 USD · 2009-01-01 – 2009-09-30 Source
Operating cash flow: -10104000 USD · 2009-01-01 – 2009-06-30 Source
Operating cash flow: -22045000 USD · 2009-01-01 – 2009-12-31 Source
Operating cash flow: 3340000 USD · 2009-01-01 – 2009-09-30 Source
Operating cash flow: -1987000 USD · 2010-01-01 – 2010-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2010-04-21.

Financial data available through: 2009-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2009-12-31
operating income: No compatible figures in this window
Net income: 11 of 11 periods available· newest 2009-12-31
Operating cash flow: 11 of 11 periods available· newest 2009-12-31
capital expenditure: No compatible figures in this window
Total assets: 11 of 11 periods available· newest 2009-12-31
Total liabilities: 11 of 11 periods available· newest 2009-12-31
current assets: No compatible figures in this window
current liabilities: No compatible figures in this window
Cash and cash equivalents: 11 of 11 periods available· newest 2009-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-14.4%

Prior period

USD 682.85 million

2008-01-01 – 2008-12-31
Current period

USD 584.85 million

2009-01-01 – 2009-12-31

Exact inputs and evidence

584847000 − 682847000 = -98000000 USD

682847000 USD · 2008-01-01 – 2008-12-31
Inspect prior input Prior source
584847000 USD · 2009-01-01 – 2009-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · ZENITH NATIONAL INSURANCE CORP · 2009-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Year-over-year change in Revenue: -98000000 USD Concept: fundies:Revenue Period: 2009-01-01 to 2009-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 584847000 USD (2009-01-01 to 2009-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#12715 Input fundies:Revenue: 682847000 USD (2008-01-01 to 2008-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#12715
The citation records this snapshot. The page link may show a newer release later.
Net income
-63.9%

Prior period

USD 95.3 million

2008-01-01 – 2008-12-31
Current period

USD 34.4 million

2009-01-01 – 2009-12-31

Exact inputs and evidence

34400000 − 95300000 = -60900000 USD

95300000 USD · 2008-01-01 – 2008-12-31
Inspect prior input Prior source
34400000 USD · 2009-01-01 – 2009-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · ZENITH NATIONAL INSURANCE CORP · 2009-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Year-over-year change in Net income: -60900000 USD Concept: fundies:NetIncome Period: 2009-01-01 to 2009-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 34400000 USD (2009-01-01 to 2009-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13716 Input fundies:NetIncome: 95300000 USD (2008-01-01 to 2008-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13716
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 3.5 million

Prior period

−USD 25.55 million

2008-01-01 – 2008-12-31
Current period

−USD 22.05 million

2009-01-01 – 2009-12-31

Exact inputs and evidence

-22045000 − -25546000 = 3501000 USD

-25546000 USD · 2008-01-01 – 2008-12-31
Inspect prior input Prior source
-22045000 USD · 2009-01-01 – 2009-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · ZENITH NATIONAL INSURANCE CORP · 2009-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Year-over-year change in Operating cash flow: 3501000 USD Concept: fundies:OperatingCashFlow Period: 2009-01-01 to 2009-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -22045000 USD (2009-01-01 to 2009-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13955 Input fundies:OperatingCashFlow: -25546000 USD (2008-01-01 to 2008-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13955
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2009 2009-01-01 – 2009-12-31

Revenue USD 584.85 million 100% of revenue
Operating costs Derived Unavailable An input is unavailable.
Operating income Unavailable An input is unavailable.
Tax, interest and other Derived Unavailable An input is unavailable.
Net income USD 34.4 million 5.9% of revenue

Cash

Operating cash flow −USD 22.05 million −3.8% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2000 Not shown: operating income or net income is not reported.
2001 Not shown: operating income or net income is not reported.
2002 Not shown: operating income or net income is not reported.
2003 Not shown: operating income or net income is not reported.
2004 Not shown: operating income or net income is not reported.
2005 Not shown: operating income or net income is not reported.
2006 Not shown: operating income or net income is not reported.
2007 Not shown: operating income or net income is not reported.
2008 Not shown: operating income or net income is not reported.
2009 Not shown: operating income or net income is not reported.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2000 2000-01-01 – 2000-12-31	3389000	Unavailable	Unavailable	Unavailable	-46800000	Unavailable	Source 2000-01-01 – 2000-12-31: 3389000 USD Inspect Revenue Open source 2000-01-01 – 2000-12-31: -46800000 USD Inspect Net Income Open source 2000-01-01 – 2000-12-31: -1678000 USD Inspect Operating Cash Flow Open source
2001 2001-01-01 – 2001-12-31	537223000	Unavailable	Unavailable	Unavailable	-25860000	Unavailable	Source 2001-01-01 – 2001-12-31: 537223000 USD Inspect Revenue Open source 2001-01-01 – 2001-12-31: -25860000 USD Inspect Net Income Open source 2001-01-01 – 2001-12-31: -13939000 USD Inspect Operating Cash Flow Open source
2002 2002-01-01 – 2002-12-31	602235000	Unavailable	Unavailable	Unavailable	10200000	Unavailable	Source 2002-01-01 – 2002-12-31: 602235000 USD Inspect Revenue Open source 2002-01-01 – 2002-12-31: 10200000 USD Inspect Net Income Open source 2002-01-01 – 2002-12-31: -5113000 USD Inspect Operating Cash Flow Open source
2003 2003-01-01 – 2003-12-31	849335000	Unavailable	Unavailable	Unavailable	67000000	Unavailable	Source 2003-01-01 – 2003-12-31: 849335000 USD Inspect Revenue Open source 2003-01-01 – 2003-12-31: 67000000 USD Inspect Net Income Open source 2003-01-01 – 2003-12-31: 283772000 USD Inspect Operating Cash Flow Open source
2004 2004-01-01 – 2004-12-31	1044880000	Unavailable	Unavailable	Unavailable	119000000	Unavailable	Source 2004-01-01 – 2004-12-31: 1044880000 USD Inspect Revenue Open source 2004-01-01 – 2004-12-31: 119000000 USD Inspect Net Income Open source 2004-01-01 – 2004-12-31: 345891000 USD Inspect Operating Cash Flow Open source
2005 2005-01-01 – 2005-12-31	1280124000	Unavailable	Unavailable	Unavailable	157700000	Unavailable	Source 2005-01-01 – 2005-12-31: 1280124000 USD Inspect Revenue Open source 2005-01-01 – 2005-12-31: 157700000 USD Inspect Net Income Open source 2005-01-01 – 2005-12-31: 344860000 USD Inspect Operating Cash Flow Open source
2006 2006-01-01 – 2006-12-31	1063888000	Unavailable	Unavailable	Unavailable	258700000	Unavailable	Source 2006-01-01 – 2006-12-31: 1063888000 USD Inspect Revenue Open source 2006-01-01 – 2006-12-31: 258700000 USD Inspect Net Income Open source 2006-01-01 – 2006-12-31: 98990000 USD Inspect Operating Cash Flow Open source
2007 2007-01-01 – 2007-12-31	873748000	Unavailable	Unavailable	Unavailable	233900000	Unavailable	Source 2007-01-01 – 2007-12-31: 873748000 USD Inspect Revenue Open source 2007-01-01 – 2007-12-31: 233900000 USD Inspect Net Income Open source 2007-01-01 – 2007-12-31: -10184000 USD Inspect Operating Cash Flow Open source
2008 2008-01-01 – 2008-12-31	682847000	Unavailable	Unavailable	Unavailable	95300000	Unavailable	Source 2008-01-01 – 2008-12-31: 682847000 USD Inspect Revenue Open source 2008-01-01 – 2008-12-31: 95300000 USD Inspect Net Income Open source 2008-01-01 – 2008-12-31: -25546000 USD Inspect Operating Cash Flow Open source
2009 2009-01-01 – 2009-12-31	584847000	Unavailable	Unavailable	Unavailable	34400000	Unavailable	Source 2009-01-01 – 2009-12-31: 584847000 USD Inspect Revenue Open source 2009-01-01 – 2009-12-31: 34400000 USD Inspect Net Income Open source 2009-01-01 – 2009-12-31: -22045000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 584.8M 2009

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20002000-12-31	Revenue	3389000	Revenue: 3389000 Open source
20012001-12-31	Revenue	537223000	Revenue: 537223000 Open source
20022002-12-31	Revenue	602235000	Revenue: 602235000 Open source
20032003-12-31	Revenue	849335000	Revenue: 849335000 Open source
20042004-12-31	Revenue	1044880000	Revenue: 1044880000 Open source
20052005-12-31	Revenue	1280124000	Revenue: 1280124000 Open source
20062006-12-31	Revenue	1063888000	Revenue: 1063888000 Open source
20072007-12-31	Revenue	873748000	Revenue: 873748000 Open source
20082008-12-31	Revenue	682847000	Revenue: 682847000 Open source
20092009-12-31	Revenue	584847000	Revenue: 584847000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-14.4% 2009

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20002000-12-31	Year over year	-99.3%	Revenue: 3389000 Open source Revenue: 492108000 Open source
20012001-12-31	Year over year	15,752%	Revenue: 537223000 Open source Revenue: 3389000 Open source
20022002-12-31	Year over year	12.1%	Revenue: 602235000 Open source Revenue: 537223000 Open source
20032003-12-31	Year over year	41%	Revenue: 849335000 Open source Revenue: 602235000 Open source
20042004-12-31	Year over year	23%	Revenue: 1044880000 Open source Revenue: 849335000 Open source
20052005-12-31	Year over year	22.5%	Revenue: 1280124000 Open source Revenue: 1044880000 Open source
20062006-12-31	Year over year	-16.9%	Revenue: 1063888000 Open source Revenue: 1280124000 Open source
20072007-12-31	Year over year	-17.9%	Revenue: 873748000 Open source Revenue: 1063888000 Open source
20082008-12-31	Year over year	-21.8%	Revenue: 682847000 Open source Revenue: 873748000 Open source
20092009-12-31	Year over year	-14.4%	Revenue: 584847000 Open source Revenue: 682847000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 5.9% 2009

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
2000-12-31	Operating margin	Not reported	Revenue: 3389000 Open source
2001-12-31	Operating margin	Not reported	Revenue: 537223000 Open source
2002-12-31	Operating margin	Not reported	Revenue: 602235000 Open source
2003-12-31	Operating margin	Not reported	Revenue: 849335000 Open source
2004-12-31	Operating margin	Not reported	Revenue: 1044880000 Open source
2005-12-31	Operating margin	Not reported	Revenue: 1280124000 Open source
2006-12-31	Operating margin	Not reported	Revenue: 1063888000 Open source
2007-12-31	Operating margin	Not reported	Revenue: 873748000 Open source
2008-12-31	Operating margin	Not reported	Revenue: 682847000 Open source
2009-12-31	Operating margin	Not reported	Revenue: 584847000 Open source
20002000-12-31	Net margin	-1,380.9%	Net Income: -46800000 Open source Revenue: 3389000 Open source
20012001-12-31	Net margin	-4.8%	Net Income: -25860000 Open source Revenue: 537223000 Open source
20022002-12-31	Net margin	1.7%	Net Income: 10200000 Open source Revenue: 602235000 Open source
20032003-12-31	Net margin	7.9%	Net Income: 67000000 Open source Revenue: 849335000 Open source
20042004-12-31	Net margin	11.4%	Net Income: 119000000 Open source Revenue: 1044880000 Open source
20052005-12-31	Net margin	12.3%	Net Income: 157700000 Open source Revenue: 1280124000 Open source
20062006-12-31	Net margin	24.3%	Net Income: 258700000 Open source Revenue: 1063888000 Open source
20072007-12-31	Net margin	26.8%	Net Income: 233900000 Open source Revenue: 873748000 Open source
20082008-12-31	Net margin	14%	Net Income: 95300000 Open source Revenue: 682847000 Open source
20092009-12-31	Net margin	5.9%	Net Income: 34400000 Open source Revenue: 584847000 Open source
20002000-12-31	Free cash flow margin	Not reported	Revenue: 3389000 Open source Operating Cash Flow: -1678000 Open source
20012001-12-31	Free cash flow margin	Not reported	Revenue: 537223000 Open source Operating Cash Flow: -13939000 Open source
20022002-12-31	Free cash flow margin	Not reported	Revenue: 602235000 Open source Operating Cash Flow: -5113000 Open source
20032003-12-31	Free cash flow margin	Not reported	Revenue: 849335000 Open source Operating Cash Flow: 283772000 Open source
20042004-12-31	Free cash flow margin	Not reported	Revenue: 1044880000 Open source Operating Cash Flow: 345891000 Open source
20052005-12-31	Free cash flow margin	Not reported	Revenue: 1280124000 Open source Operating Cash Flow: 344860000 Open source
20062006-12-31	Free cash flow margin	Not reported	Revenue: 1063888000 Open source Operating Cash Flow: 98990000 Open source
20072007-12-31	Free cash flow margin	Not reported	Revenue: 873748000 Open source Operating Cash Flow: -10184000 Open source
20082008-12-31	Free cash flow margin	Not reported	Revenue: 682847000 Open source Operating Cash Flow: -25546000 Open source
20092009-12-31	Free cash flow margin	Not reported	Revenue: 584847000 Open source Operating Cash Flow: -22045000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -22M 2009

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20002000-12-31	Operating cash flow	-1678000	Operating Cash Flow: -1678000 Open source
20012001-12-31	Operating cash flow	-13939000	Operating Cash Flow: -13939000 Open source
20022002-12-31	Operating cash flow	-5113000	Operating Cash Flow: -5113000 Open source
20032003-12-31	Operating cash flow	283772000	Operating Cash Flow: 283772000 Open source
20042004-12-31	Operating cash flow	345891000	Operating Cash Flow: 345891000 Open source
20052005-12-31	Operating cash flow	344860000	Operating Cash Flow: 344860000 Open source
20062006-12-31	Operating cash flow	98990000	Operating Cash Flow: 98990000 Open source
20072007-12-31	Operating cash flow	-10184000	Operating Cash Flow: -10184000 Open source
20082008-12-31	Operating cash flow	-25546000	Operating Cash Flow: -25546000 Open source
20092009-12-31	Operating cash flow	-22045000	Operating Cash Flow: -22045000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20002000-12-31	Free cash flow	Unavailable	Operating Cash Flow: -1678000 Open source
20012001-12-31	Free cash flow	Unavailable	Operating Cash Flow: -13939000 Open source
20022002-12-31	Free cash flow	Unavailable	Operating Cash Flow: -5113000 Open source
20032003-12-31	Free cash flow	Unavailable	Operating Cash Flow: 283772000 Open source
20042004-12-31	Free cash flow	Unavailable	Operating Cash Flow: 345891000 Open source
20052005-12-31	Free cash flow	Unavailable	Operating Cash Flow: 344860000 Open source
20062006-12-31	Free cash flow	Unavailable	Operating Cash Flow: 98990000 Open source
20072007-12-31	Free cash flow	Unavailable	Operating Cash Flow: -10184000 Open source
20082008-12-31	Free cash flow	Unavailable	Operating Cash Flow: -25546000 Open source
20092009-12-31	Free cash flow	Unavailable	Operating Cash Flow: -22045000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

56.6% 2009

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20002000-12-31	Liabilities / assets	74.5%	Total Liabilities: 1096796000 Open source Total Assets: 1472190000 Open source
20012001-12-31	Liabilities / assets	80.5%	Total Liabilities: 1237448000 Open source Total Assets: 1537999000 Open source
20022002-12-31	Liabilities / assets	80.4%	Total Liabilities: 1298089000 Open source Total Assets: 1615113000 Open source
20032003-12-31	Liabilities / assets	81.1%	Total Liabilities: 1640458000 Open source Total Assets: 2023704000 Open source
20042004-12-31	Liabilities / assets	79.2%	Total Liabilities: 1912508000 Open source Total Assets: 2414655000 Open source
20052005-12-31	Liabilities / assets	73.8%	Total Liabilities: 2004661000 Open source Total Assets: 2717456000 Open source
20062006-12-31	Liabilities / assets	66%	Total Liabilities: 1826833000 Open source Total Assets: 2767553000 Open source
20072007-12-31	Liabilities / assets	61.3%	Total Liabilities: 1699623000 Open source Total Assets: 2772980000 Open source
20082008-12-31	Liabilities / assets	59.5%	Total Liabilities: 1502585000 Open source Total Assets: 2526022000 Open source
20092009-12-31	Liabilities / assets	56.6%	Total Liabilities: 1379313000 Open source Total Assets: 2438244000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2000-12-31	Current assets / current liabilities	Not reported	No source recorded
2001-12-31	Current assets / current liabilities	Not reported	No source recorded
2002-12-31	Current assets / current liabilities	Not reported	No source recorded
2003-12-31	Current assets / current liabilities	Not reported	No source recorded
2004-12-31	Current assets / current liabilities	Not reported	No source recorded
2005-12-31	Current assets / current liabilities	Not reported	No source recorded
2006-12-31	Current assets / current liabilities	Not reported	No source recorded
2007-12-31	Current assets / current liabilities	Not reported	No source recorded
2008-12-31	Current assets / current liabilities	Not reported	No source recorded
2009-12-31	Current assets / current liabilities	Not reported	No source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2000 2000-01-01 – 2000-12-31	−USD 46.8 million Exact value Exact value: -46800000 USD 2000-01-01 – 2000-12-31: -46800000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2000-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: -46800000 USD Concept: fundies:NetIncome Period: 2000-01-01 to 2000-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2000-12-31&surface=latest&period_type=duration&start=2000-01-01&unit=USD&dimensions= Input fundies:NetIncome: -46800000 USD (2000-01-01 to 2000-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-03-022893.txt#7141 The citation records this snapshot. The page link may show a newer release later.	−USD 1.68 million Exact value Exact value: -1678000 USD 2000-01-01 – 2000-12-31: -1678000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2000-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: -1678000 USD Concept: fundies:OperatingCashFlow Period: 2000-01-01 to 2000-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2000-12-31&surface=latest&period_type=duration&start=2000-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -1678000 USD (2000-01-01 to 2000-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-03-022893.txt#7221 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2001 2001-01-01 – 2001-12-31	−USD 25.86 million Exact value Exact value: -25860000 USD 2001-01-01 – 2001-12-31: -25860000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2001-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: -25860000 USD Concept: fundies:NetIncome Period: 2001-01-01 to 2001-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2001-12-31&surface=latest&period_type=duration&start=2001-01-01&unit=USD&dimensions= Input fundies:NetIncome: -25860000 USD (2001-01-01 to 2001-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-04-023763.txt#20679 The citation records this snapshot. The page link may show a newer release later.	−USD 13.94 million Exact value Exact value: -13939000 USD 2001-01-01 – 2001-12-31: -13939000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2001-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: -13939000 USD Concept: fundies:OperatingCashFlow Period: 2001-01-01 to 2001-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2001-12-31&surface=latest&period_type=duration&start=2001-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -13939000 USD (2001-01-01 to 2001-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-04-023763.txt#7683 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2002 2002-01-01 – 2002-12-31	USD 10.2 million Exact value Exact value: 10200000 USD 2002-01-01 – 2002-12-31: 10200000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2002-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 10200000 USD Concept: fundies:NetIncome Period: 2002-01-01 to 2002-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2002-12-31&surface=latest&period_type=duration&start=2002-01-01&unit=USD&dimensions= Input fundies:NetIncome: 10200000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-05-004149.txt#20838 The citation records this snapshot. The page link may show a newer release later.	−USD 5.11 million Exact value Exact value: -5113000 USD 2002-01-01 – 2002-12-31: -5113000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2002-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: -5113000 USD Concept: fundies:OperatingCashFlow Period: 2002-01-01 to 2002-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2002-12-31&surface=latest&period_type=duration&start=2002-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -5113000 USD (2002-01-01 to 2002-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-05-004149.txt#8408 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2003 2003-01-01 – 2003-12-31	USD 67 million Exact value Exact value: 67000000 USD 2003-01-01 – 2003-12-31: 67000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2003-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 67000000 USD Concept: fundies:NetIncome Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2003-12-31&surface=latest&period_type=duration&start=2003-01-01&unit=USD&dimensions= Input fundies:NetIncome: 67000000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-06-002097.txt#19923 The citation records this snapshot. The page link may show a newer release later.	USD 283.77 million Exact value Exact value: 283772000 USD 2003-01-01 – 2003-12-31: 283772000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2003-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: 283772000 USD Concept: fundies:OperatingCashFlow Period: 2003-01-01 to 2003-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2003-12-31&surface=latest&period_type=duration&start=2003-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 283772000 USD (2003-01-01 to 2003-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-06-002097.txt#20215 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2004 2004-01-01 – 2004-12-31	USD 119 million Exact value Exact value: 119000000 USD 2004-01-01 – 2004-12-31: 119000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2004-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 119000000 USD Concept: fundies:NetIncome Period: 2004-01-01 to 2004-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2004-12-31&surface=latest&period_type=duration&start=2004-01-01&unit=USD&dimensions= Input fundies:NetIncome: 119000000 USD (2004-01-01 to 2004-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-07-001242.txt#24157 The citation records this snapshot. The page link may show a newer release later.	USD 345.89 million Exact value Exact value: 345891000 USD 2004-01-01 – 2004-12-31: 345891000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2004-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: 345891000 USD Concept: fundies:OperatingCashFlow Period: 2004-01-01 to 2004-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2004-12-31&surface=latest&period_type=duration&start=2004-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 345891000 USD (2004-01-01 to 2004-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-07-001242.txt#24464 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2005 2005-01-01 – 2005-12-31	USD 157.7 million Exact value Exact value: 157700000 USD 2005-01-01 – 2005-12-31: 157700000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2005-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 157700000 USD Concept: fundies:NetIncome Period: 2005-01-01 to 2005-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2005-12-31&surface=latest&period_type=duration&start=2005-01-01&unit=USD&dimensions= Input fundies:NetIncome: 157700000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-08-001529.txt#19764 The citation records this snapshot. The page link may show a newer release later.	USD 344.86 million Exact value Exact value: 344860000 USD 2005-01-01 – 2005-12-31: 344860000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2005-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: 344860000 USD Concept: fundies:OperatingCashFlow Period: 2005-01-01 to 2005-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2005-12-31&surface=latest&period_type=duration&start=2005-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 344860000 USD (2005-01-01 to 2005-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-08-001529.txt#20107 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2006 2006-01-01 – 2006-12-31	USD 258.7 million Exact value Exact value: 258700000 USD 2006-01-01 – 2006-12-31: 258700000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2006-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 258700000 USD Concept: fundies:NetIncome Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2006-12-31&surface=latest&period_type=duration&start=2006-01-01&unit=USD&dimensions= Input fundies:NetIncome: 258700000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-09-001213.txt#26770 The citation records this snapshot. The page link may show a newer release later.	USD 98.99 million Exact value Exact value: 98990000 USD 2006-01-01 – 2006-12-31: 98990000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2006-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: 98990000 USD Concept: fundies:OperatingCashFlow Period: 2006-01-01 to 2006-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2006-12-31&surface=latest&period_type=duration&start=2006-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 98990000 USD (2006-01-01 to 2006-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-09-001213.txt#27116 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2007 2007-01-01 – 2007-12-31	USD 233.9 million Exact value Exact value: 233900000 USD 2007-01-01 – 2007-12-31: 233900000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2007-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 233900000 USD Concept: fundies:NetIncome Period: 2007-01-01 to 2007-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2007-12-31&surface=latest&period_type=duration&start=2007-01-01&unit=USD&dimensions= Input fundies:NetIncome: 233900000 USD (2007-01-01 to 2007-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13716 The citation records this snapshot. The page link may show a newer release later.	−USD 10.18 million Exact value Exact value: -10184000 USD 2007-01-01 – 2007-12-31: -10184000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2007-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: -10184000 USD Concept: fundies:OperatingCashFlow Period: 2007-01-01 to 2007-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2007-12-31&surface=latest&period_type=duration&start=2007-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -10184000 USD (2007-01-01 to 2007-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13955 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2008 2008-01-01 – 2008-12-31	USD 95.3 million Exact value Exact value: 95300000 USD 2008-01-01 – 2008-12-31: 95300000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2008-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 95300000 USD Concept: fundies:NetIncome Period: 2008-01-01 to 2008-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2008-12-31&surface=latest&period_type=duration&start=2008-01-01&unit=USD&dimensions= Input fundies:NetIncome: 95300000 USD (2008-01-01 to 2008-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13716 The citation records this snapshot. The page link may show a newer release later.	−USD 25.55 million Exact value Exact value: -25546000 USD 2008-01-01 – 2008-12-31: -25546000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2008-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: -25546000 USD Concept: fundies:OperatingCashFlow Period: 2008-01-01 to 2008-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2008-12-31&surface=latest&period_type=duration&start=2008-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -25546000 USD (2008-01-01 to 2008-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13955 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2009 2009-01-01 – 2009-12-31	USD 34.4 million Exact value Exact value: 34400000 USD 2009-01-01 – 2009-12-31: 34400000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ZENITH NATIONAL INSURANCE CORP · 2009-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Net Income: 34400000 USD Concept: fundies:NetIncome Period: 2009-01-01 to 2009-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3ANetIncome&period=2009-12-31&surface=latest&period_type=duration&start=2009-01-01&unit=USD&dimensions= Input fundies:NetIncome: 34400000 USD (2009-01-01 to 2009-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13716 The citation records this snapshot. The page link may show a newer release later.	−USD 22.05 million Exact value Exact value: -22045000 USD 2009-01-01 – 2009-12-31: -22045000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ZENITH NATIONAL INSURANCE CORP · 2009-12-31 ZENITH NATIONAL INSURANCE CORP (edgar:109261) Operating Cash Flow: -22045000 USD Concept: fundies:OperatingCashFlow Period: 2009-01-01 to 2009-12-31 Values: Latest reported Published: 2026-11-02T16:59:52Z Snapshot: d13ae979f1d4da1efe41048091e1648a115bfee5454dbbca169ad369d22e5a3b Dimensions: Consolidated View: https://fundies.io/companies/edgar/109261/explain?concept=fundies%3AOperatingCashFlow&period=2009-12-31&surface=latest&period_type=duration&start=2009-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -22045000 USD (2009-01-01 to 2009-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/109261/0001047469-10-000675.txt#13955 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

80 filings · 0 latest values · 0 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000109261, 109261, edgar:109261

ZENITH NATIONAL INSURANCE CORP

Latest quarter

Revenue

Net margin

Operating cash flow

Trailing twelve months

Revenue

Net income

Operating cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Where revenue goes

2009 2009-01-01 – 2009-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation