Douglas Emmett, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $94.4M | $85.4M | $58.4M | $44.6M | $45.3M | $22.9M | $1.5M | $-26.4M |
| Depreciation & Amortization | $276.8M | $248.9M | $205.3M | $202.5M | $191.4M | $184.8M | $205.7M | $225.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $18.5M | $17.4M | $15.2M | $13.7M | $10.0M | $10.6M | $8.0M | $10.1M |
| Net Cash from Operating Activities | $402.7M | $339.4M | $271.4M | $246.7M | $243.5M | $210.4M | $208.9M | $188.9M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | $60.2M | $56.0M | $53.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-669.6M | $-1.37B | $-231.6M | $-320.0M | $-246.6M | $-91.5M | $-61.0M | $-304.7M |
| Financing Activities | ||||||||
| Dividends Paid | $146.0M | $130.8M | $122.5M | $115.0M | $102.4M | $80.1M | $57.8M | $49.0M |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | $330.6M | $1.04B | $43.1M | $47.9M | $-326.0M | $-152.6M | $-13.3M | $315.4M |
| Net Change in Cash | $63.7M | $11.1M | $83.0M | $-25.4M | $-329.0M | $-33.8M | $134.6M | $199.7M |
| Free Cash Flow | — | — | — | — | — | $150.2M | $152.9M | $135.1M |