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Supplementary Cash Flow Information
 12 Months Ended
Dec. 31, 2019
Cash Flow Statement [Abstract]  
Supplementary Cash Flow Information
Supplementary Cash Flow Information
Cash, cash equivalents and bank overdrafts as presented in the consolidated statements of cash flows excludes restricted cash and cash equivalents that are amounts primarily required to be maintained on deposit with various regulatory authorities to support the operations of the insurance and reinsurance subsidiaries. Cash equivalents are comprised of treasury bills and other eligible bills.
 
December 31, 2019
 
Unrestricted cash and cash equivalents included in the consolidated statement of cash flows
 
Restricted cash and cash equivalents
 
Cash and cash equivalents included on the consolidated balance sheet
 
Cash

 
Cash equivalents

 
Total

 
Cash

 
Cash equivalents

 
Total

 
Cash

 
Cash equivalents

 
Total

Holding company cash and investments
98.8

 
84.5

 
183.3

 
0.6

 
—

 
0.6

 
99.4

 
84.5

 
183.9

Subsidiary cash and short term investments
1,934.7

 
1,355.0

 
3,289.7

 
469.4

 
195.4

 
664.8

 
2,404.1

 
1,550.4

 
3,954.5

Fairfax India
67.0

 
19.1

 
86.1

 
18.6

 
—

 
18.6

 
85.6

 
19.1

 
104.7

Fairfax Africa
77.9

 
0.8

 
78.7

 
7.5

 
—

 
7.5

 
85.4

 
0.8

 
86.2

Assets held for sale (note 23)
160.5

 
65.0

1.0

225.5

 
54.0

 
4.2

 
58.2

 
214.5

 
69.2

 
283.7

 
2,338.9

 
1,524.4

 
3,863.3

 
550.1

 
199.6

 
749.7

 
2,889.0

 
1,724.0

 
4,613.0


 
December 31, 2018
 
Unrestricted cash and cash equivalents included in the consolidated statement of cash flows
 
Restricted cash and cash equivalents
 
Cash and cash equivalents included on the consolidated balance sheet
 
Cash

 
Cash equivalents

 
Total

 
Cash

 
Cash equivalents

 
Total

 
Cash

 
Cash equivalents

 
Total

Holding company cash and investments
131.0

 
96.1

 
227.1

 
0.6

 
—

 
0.6

 
131.6

 
96.1

 
227.7

Subsidiary cash and short term investments
2,300.1

 
1,722.7

 
4,022.8

 
359.7

 
201.2

 
560.9

 
2,659.8

 
1,923.9

 
4,583.7

Subsidiary assets pledged for short sale and derivative obligations
—

 
3.0

 
3.0

 
—

 
—

 
—

 
—

 
3.0

 
3.0

Fairfax India
25.0

 
27.1

 
52.1

 
15.6

 
—

 
15.6

 
40.6

 
27.1

 
67.7

Fairfax Africa
77.4

 
154.5

 
231.9

 
—

 
—

 
—

 
77.4

 
154.5

 
231.9

 
2,533.5

 
2,003.4

 
4,536.9

 
375.9

 
201.2

 
577.1

 
2,909.4

 
2,204.6

 
5,114.0

 
 
 
 
 
 
Details of certain cash flows included in the consolidated statement of cash flows for the years ended December 31 were as follows:
 
2019

 
2018

Net (purchases) sales of securities classified at FVTPL
 
 
 
Short term investments
(4,646.5
)
 
8,033.8

Bonds
3,618.7

 
(10,743.0
)
Preferred stocks
(52.4
)
 
(25.6
)
Common stocks
898.3

 
82.3

Derivatives and short sales
(184.8
)
 
(96.8
)
 
(366.7
)
 
(2,749.3
)
 
 
 
 
Changes in operating assets and liabilities
 
 
 
Net decrease (increase) in restricted cash and cash equivalents
(170.3
)
 
102.9

Provision for losses and loss adjustment expenses
1,171.5

 
1,200.6

Provision for unearned premiums
893.9

 
521.9

Insurance contract receivables
(382.5
)
 
(555.6
)
Insurance contract payables
616.5

 
246.6

Recoverable from reinsurers
(1,093.8
)
 
(954.5
)
Other receivables
211.8

 
(211.6
)
Accounts payable and accrued liabilities
3.8

 
225.3

Other
(297.0
)
 
(304.2
)
 
953.9

 
271.4

 
 
 
 
Net interest and dividends received
 
 
 
Interest and dividends received
819.2

 
764.0

Interest paid on borrowings
(319.6
)
 
(285.5
)
Interest paid on lease liabilities(1)
(60.4
)
 
—

 
439.2

 
478.5

 
 
 
 
 
 
 
 
Net income taxes paid
(178.9
)
 
(229.9
)
 
 
 
 
(1)
Reflects the adoption of IFRS 16 as described in note 3.