COPT Defense Properties
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $68.7M | $28.9M | $178.3M | $40.3M | $93.7M | $21.0M | $-119.4M | $42.8M |
| Depreciation & Amortization | $136.5M | $134.9M | $142.2M | $138.5M | $119.8M | $124.4M | $136.6M | $97.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $19.3M | $20.0M | $18.5M | $15.2M | $16.2M | $21.4M | $28.3M | $28.3M |
| Stock-Based Compensation | $5.6M | $6.8M | $6.6M | $6.2M | $6.5M | $10.0M | $11.9M | $11.8M |
| Net Cash from Operating Activities | $230.1M | $234.3M | $204.0M | $193.9M | $159.0M | $191.8M | $152.1M | $156.4M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-89.4M | $71.2M | $-307.5M | $-209.7M | $-119.8M | $13.7M | $-260.4M | $-479.2M |
| Financing Activities | ||||||||
| Dividends Paid | $109.2M | $104.1M | $103.6M | $96.3M | $93.5M | $89.2M | $114.6M | $93.8M |
| Stock Repurchases | $2.0M | $2.5M | $2.5M | $1.6M | $2.0M | $3.4M | $4.0M | $3.9M |
| Net Cash from Financing Activities | $-338.5M | $-155.1M | $157.8M | $-32.5M | $4.6M | $-200.5M | $103.7M | $324.6M |
| Net Change in Cash | $-197.6M | $149.6M | $54.2M | $-48.3M | $43.8M | $5.0M | $-4.5M | $1.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |