Empire State Realty Trust, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $118.3M | $107.3M | $79.9M | $70.2M |
| Depreciation & Amortization | $160.7M | $155.2M | $171.5M | $145.4M |
| Depreciation | — | — | — | — |
| Amortization | — | — | — | — |
| Stock-Based Compensation | $14.1M | $9.7M | $5.5M | $3.7M |
| Net Cash from Operating Activities | $194.2M | $214.8M | $203.2M | $138.6M |
| Investing Activities | ||||
| Capital Expenditures | $228.2M | $197.7M | $156.8M | $497.7M |
| Business Acquisitions | — | $0 | $0 | $186.6M |
| Net Cash from Investing Activities | $-223.0M | $-182.4M | $-142.3M | $-299.1M |
| Financing Activities | ||||
| Dividends Paid | $66.8M | $55.8M | $39.2M | $33.6M |
| Stock Repurchases | — | — | — | — |
| Net Cash from Financing Activities | $-56.9M | $470.9M | $-59.9M | $145.5M |
| Net Change in Cash | $-90.0M | $507.7M | $953.0K | $-15.0M |
| Free Cash Flow | $-34.0M | $17.1M | $46.4M | $-359.2M |