Citizens, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-38.1M | $2.0M | $-3.1M | $-6.0M | $4.8M | $4.5M | $8.5M | $14.7M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.1M | $806.0K | $779.0K | $1.1M | $1.3M | $1.2M | $1.1M | $1.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $93.0M | $102.3M | $87.2M | $97.9M | $81.4M | $69.3M | $64.3M | $60.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.3M | $2.2M | $590.0K | $481.0K | $393.0K | $619.0K | $1.8M | $2.1M |
| Business Acquisitions | — | $0 | $0 | $4.8M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $-85.0M | $-152.1M | $-58.0M | $-104.0M | $-84.9M | $-50.0M | $-85.1M | $-62.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $2.5M | $2.5M | $3.0M | $2.1M | $1.7M | $3.8M | $4.3M | $2.6M |
| Net Change in Cash | $10.6M | $-47.3M | $32.1M | $-3.9M | $-1.7M | $23.0M | $-16.5M | $1.1M |
| Free Cash Flow | $91.7M | $100.1M | $86.6M | $97.5M | $81.0M | $68.7M | $62.5M | $58.5M |