First Citizens BancShares, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $323.8M | $225.5M | $210.4M | $138.6M | $166.9M | $132.4M | $195.0M | $193.0M |
| Depreciation & Amortization | $90.8M | $88.8M | $87.7M | $75.5M | $70.8M | $68.9M | $65.2M | $62.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $22.8M | $21.8M | $22.9M | $7.0M | $2.3M | $3.5M | $4.4M | $6.2M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $355.3M | $230.5M | $233.1M | $182.2M | $331.0M | $201.3M | $335.7M | $146.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $84.8M | $81.8M | $89.7M | $82.7M | $66.0M | $88.9M | $76.9M | $70.8M |
| Business Acquisitions | $-304.8M | $727.0K | $-123.1M | $-182.4M | — | — | — | — |
| Net Cash from Investing Activities | $-668.7M | — | — | — | — | — | — | $-129.6M |
| Financing Activities | ||||||||
| Dividends Paid | $14.4M | $14.4M | $18.0M | $11.5M | $8.7M | $15.4M | $12.5M | $12.5M |
| Stock Repurchases | $0 | $0 | $0 | $0 | $321.0K | $103.6M | $24.4M | $0 |
| Net Cash from Financing Activities | $109.8M | — | — | — | — | — | — | $-37.2M |
| Net Change in Cash | $-203.6M | $5.7M | $-70.1M | $70.6M | $-106.1M | $48.9M | $130.6M | $-20.1M |
| Free Cash Flow | $270.5M | $148.7M | $143.3M | $99.5M | $265.0M | $112.4M | $258.8M | $75.9M |