Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 2863

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 10
Chunk 2863
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)
  
    Loss on sale of discontinued operations, net of tax 
     (11,148) 
     —  
     — 
  
    Net loss attributable to NI Holdings, Inc. 
    $(6,060) 
    $(5,476) 
    $(53,096)

    Condensed Statements of Comprehensive Income

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Net loss attributable to NI Holdings, Inc. 
    $(6,060) 
    $(5,476) 
    $(53,096)
  
    Other comprehensive income (loss), net of income taxes: 

    Unrealized gain (loss) on investments 
     7  
     15  
     (165)
  
    Unrealized gain (loss) attributed to subsidiaries 
     (160) 
     7,887  
     (34,358)
  
    Other comprehensive income (loss), net of income taxes 
     (153) 
     7,902  
     (34,523)
  
    Comprehensive income (loss) 
    $(6,213) 
    $2,426  
    $(87,619)

110 

    Condensed Statements of Cash Flows

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Cash flows from operating activities: 

    Net income (loss) attributable to NI Holdings, Inc. 
    $(6,060) 
    $(5,476) 
    $(53,096)
  
    Adjustments to reconcile net income (loss) attributable to NI Holdings, Inc. to net cash flows from operating activities: 

    Equity in undistributed net income of subsidiaries 
     (11,105) 
     636  
     50,869 
  
    Loss on sale of Westminster 
     17,479  
     —  
     — 
  
    Other 
     (6,220) 
     2,603  
     359 
  
    Net adjustments 
     154  
     3,239  
     51,228 
  
    Net cash flows from operating activities 
     (5,906) 
     (2,237) 
     (1,868)

    Cash flows from investing activities: