Citizens Holding Company
Cash Flow Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.9M | $9.6M | $7.5M | $6.9M | $5.9M | $6.7M | $3.7M | $6.7M |
| Depreciation & Amortization | $1.4M | $1.3M | $1.2M | $1.1M | — | — | — | — |
| Depreciation | $1.3M | $1.2M | $1.1M | $1.0M | $899.0K | $937.0K | $1.0M | $980.5K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $138.0K | $157.0K | $161.0K | $167.0K | $163.0K | $170.0K | $211.0K | $186.4K |
| Net Cash from Operating Activities | $5.5M | $13.8M | $17.5M | $14.0M | $13.5M | $12.2M | $10.6M | $10.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $718.0K | $2.6M | $2.6M | $2.0M | $1.0M | $346.0K | $2.9M | $988.9K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-9.8M | $-88.3M | $98.6M | $-288.0M | $-24.7M | $17.6M | $26.0M | $-51.4M |
| Financing Activities | ||||||||
| Dividends Paid | $4.0M | $5.4M | $5.4M | $5.4M | $4.9M | $4.7M | $4.7M | $4.7M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $70.1M | $23.9M | $-79.2M | $241.8M | $65.1M | $-35.2M | $-40.4M | $48.0M |
| Net Change in Cash | $65.9M | $-50.6M | $36.9M | $-32.2M | — | $-5.4M | $-3.7M | $6.7M |
| Free Cash Flow | $4.8M | $11.1M | $14.9M | $12.0M | $12.5M | $11.8M | $7.7M | $9.1M |