Ardmore Shipping Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-12.5M | $3.7M | $32.0M | $1.7M | $-3.8M | $-4.5M | $-3.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | $34.3M | $30.1M | $24.2M | $14.9M | $8.4M | $6.2M | $5.3M |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $457.0K | $1.3M | $1.4M | $1.4M | $571.3K | $11.3K | $16.7K |
| Net Cash from Operating Activities | $18.4M | $42.6M | $37.7M | $12.4M | $8.1M | $4.0M | $397.3K |
| Investing Activities | |||||||
| Capital Expenditures | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-2.3M | $-122.3M | $-232.8M | — | $-144.6M | $-14.9M | $-56.9M |
| Financing Activities | |||||||
| Dividends Paid | $0 | $9.3M | $13.0M | $9.6M | $1.2M | $0 | $0 |
| Stock Repurchases | $11.3M | $3.0M | $0 | $1.3M | $0 | $0 | — |
| Net Cash from Financing Activities | $-32.6M | $95.5M | $175.4M | — | $178.0M | $20.8M | $56.8M |
| Net Change in Cash | $-16.5M | $15.8M | $-19.8M | $3.0M | $41.5M | $9.9M | $256.5K |
| Free Cash Flow | — | — | — | — | — | — | — |