Donegal Group, Inc. (DGICA) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1211246369493442
Cash and cash equivalents581034953382528
Short-term investments6321141711913
Receivables0      
Total current assets:1211246369493442
Noncurrent Assets
Property, plant and equipment3455777
Long-term investments and receivables    393838
Long-term investments    393838
Intangible assets, net (including goodwill)7777777
Goodwill6666666
Intangible assets, net (excluding goodwill)1111111
Deferred income tax assets76 
Total noncurrent assets:16171111535152
Other undisclosed assets2,1182,0201,8491,7511,6361,5381,444
TOTAL ASSETS:2,2552,1611,9231,8321,7381,6231,538
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities   10101010
Employee-related liabilities   10101010
Total current liabilities:   10101010
Noncurrent Liabilities
Other undisclosed liabilities1,7241,6431,4721,4231,2791,1751,119
Total liabilities:1,7241,6431,4721,4331,2891,1851,129
Stockholders' equity
Stockholders' equity attributable to parent, including:531518451399449439408
Treasury stock, value(41)(41)(41)(41)(41)(41)(41)
Additional paid in capital305289268261255237220
Accumulated other comprehensive income (loss)3111(14)(3)(2)1
Retained earnings264258223193237245229
Other undisclosed stockholders' equity attributable to parent0000000
Total stockholders' equity:531518451399449439408
TOTAL LIABILITIES AND EQUITY:2,2552,1611,9231,8321,7381,6231,538

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues816778812772739688636
Premiums earned, net776742756741
Financial services revenue708662611
Cost of revenue(655)(586)(638)(703)(607)(536)(502)
Policyholder benefits and claims incurred, net(521)(460)(506)(576)
Deferred policy acquisition costs, amortization expense(129)(119)(122)(121)(115)(108)(100)
Financial services costs(487)(423)(398)
Gross profit:16219217569132153135
Operating expenses(131)(127)(116)(115)(118)(110)(100)
Operating income (loss):316459(46)144334
Nonoperating income
(Other Nonoperating income)
  22333
Interest and debt expense(1)(1)(2)(2)(2)(2)(1)
Income (loss) from continuing operations before equity method investments, income taxes:306359(47)154436
Other undisclosed loss from continuing operations before income taxes  (2)(2)(3)(3)(9)
Income (loss) from continuing operations before income taxes:306357(48)124128
Income tax expense (benefit)(5)(10)(10)15(5)(11)(7)
Net income (loss) available to common stockholders, diluted:255347(33)73121

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):255347(33)73121
Other comprehensive loss(8)      
Comprehensive income (loss):175347(33)73121
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 1115(7)0(3)(5)
Comprehensive income (loss), net of tax, attributable to parent:176362(39)72816

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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