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Triple-S Management Corporation Reports First Quarter 2009 Results
Date:5/5/2009

me before taxes 3,261 471 Income tax benefit (671) (731) Net income $3,932 $1,202 Basic net income per share $0.13 $0.04 Diluted earnings per share $0.13 $0.04 Condensed Consolidated Statements of Cash Flows (Dollar amounts in thousands, except per share data) For the Three Months Ended March 31, Unaudited Historical 2009 2008 Net cash provided by (used in) operating activities $29,961 $(610) Cash flows from investing activities: Proceeds from investments sold or matured: Securities available for sale: Fixed maturities sold 56,136 67,267 Fixed maturities matured 112,042 48,133 Equity securities 1,137 - Fixed maturity securities held to maturity 2,666 22,863 Acquisition of investments: Securities available for sale: Fixed maturities (105,263) (322,974) Equity securities (1,579) (12,143) Fixed maturity securities held to maturity - (5,120) Net disbursements for policy loans 21 376 Capital expenditures (2,726) (1,547) Net cash provided by (used in) investing activities 62,434 (203,145) Cash flows from financing activities: Change in outstanding checks in excess of bank balances (11,306) 15,446 Change in
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4. Triple-S Management Corporation Reschedules Fourth Quarter and 2008 Earnings Release and Webcast
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