ALERUS FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | FY2017 |
|---|---|
| Operating Activities | |
| Net Income | $15.0M |
| Depreciation & Amortization | $9.9M |
| Depreciation | $3.2M |
| Amortization | $5.6M |
| Stock-Based Compensation | $938.0K |
| Net Cash from Operating Activities | $47.9M |
| Investing Activities | |
| Capital Expenditures | $2.9M |
| Business Acquisitions | — |
| Net Cash from Investing Activities | $-205.1M |
| Financing Activities | |
| Dividends Paid | $6.7M |
| Stock Repurchases | $294.0K |
| Net Cash from Financing Activities | $71.8M |
| Net Change in Cash | $-85.4M |
| Free Cash Flow | $44.9M |