ELME COMMUNITIES
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $40.7M | $27.1M |
| Depreciation & Amortization | $94.4M | $86.9M |
| Depreciation | $62.3M | — |
| Amortization | — | — |
| Stock-Based Compensation | $3.1M | $3.2M |
| Net Cash from Operating Activities | $102.9M | $97.1M |
| Investing Activities | ||
| Capital Expenditures | $351.0K | $642.0K |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $-12.8M | $-181.4M |
| Financing Activities | ||
| Dividends Paid | $100.2M | $85.6M |
| Stock Repurchases | — | — |
| Net Cash from Financing Activities | $-90.8M | $74.7M |
| Net Change in Cash | $-671.0K | $-9.6M |
| Free Cash Flow | $102.6M | $96.5M |