Donegal Group, Inc. (DGICA) financial statements (2021 and earlier)

Company profile

Business Address 1195 RIVER RD PO BOX 302
MARIETTA, PA 17547-0302
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments124636949344256
Cash and cash equivalents103495338252836
Short-term investments2114171191320
Total current assets:124636949344256
Noncurrent Assets
Property, plant and equipment4557778
Long-term investments and receivables   39383839
Long-term investments   39383839
Intangible assets, net (including goodwill)7777777
Goodwill6666666
Intangible assets, net (excluding goodwill)1111111
Deferred income tax assets6 
Total noncurrent assets:17111153515254
Other undisclosed assets2,0201,8491,7511,6361,5381,4441,349
TOTAL ASSETS:2,1611,9231,8321,7381,6231,5381,459
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities  1010101010
Employee-related liabilities  1010101010
Total current liabilities:  1010101010
Noncurrent Liabilities
Other undisclosed liabilities1,6431,4721,4231,2791,1751,1191,033
Total liabilities:1,6431,4721,4331,2891,1851,1291,043
Stockholders' equity
Stockholders' equity attributable to parent, including:518451399449439408416
Treasury stock, value(41)(41)(41)(41)(41)(41)(13)
Additional paid in capital289268261255237220200
Accumulated other comprehensive income (loss)111(14)(3)(2)15
Retained earnings258223193237245229223
Other additional capital      21
Other undisclosed stockholders' equity attributable to parent000000(20)
Total stockholders' equity:518451399449439408416
TOTAL LIABILITIES AND EQUITY:2,1611,9231,8321,7381,6231,5381,459

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues778812772739688636587
Premiums earned, net742756741
Financial services revenue708662611563
Cost of revenue(586)(638)(703)(607)(536)(502)(481)
Policyholder benefits and claims incurred, net(460)(506)(576)
Deferred policy acquisition costs, amortization expense(119)(122)(121)(115)(108)(100)(90)
Financial services costs(487)(423)(398)(388)
Gross profit:19217569132153135105
Operating expenses(127)(116)(115)(118)(110)(100)(190)
Operating income (loss):6459(46)144334(84)
Nonoperating income 2233316
Investment income, nonoperating      18
Loss from catastrophes      (5)
Other nonoperating income 223333
Interest and debt expense(1)(2)(2)(2)(2)(1)(2)
Income (loss) from continuing operations before equity method investments, income taxes:6359(47)154436(69)
Income from equity method investments      1
Other undisclosed income (loss) from continuing operations before income taxes (2)(2)(3)(3)(9)85
Income (loss) from continuing operations before income taxes:6357(48)12412816
Income tax expense (benefit)(10)(10)15(5)(11)(7)(2)
Net income (loss) available to common stockholders, diluted:5347(33)7312115

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):5347(33)7312115
Comprehensive income (loss):5347(33)7312115
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1115(7)0(3)(5)8
Comprehensive income (loss), net of tax, attributable to parent:6362(39)7281622

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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