First Citizens BancShares, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $116.3M | $91.1M |
| Depreciation & Amortization | $57.7M | $53.9M |
| Depreciation | — | — |
| Amortization | $1.9M | $2.0M |
| Stock-Based Compensation | — | — |
| Net Cash from Operating Activities | $168.1M | $212.1M |
| Investing Activities | ||
| Capital Expenditures | $95.9M | $95.2M |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $-142.9M | $-856.7M |
| Financing Activities | ||
| Dividends Paid | $12.5M | $11.5M |
| Stock Repurchases | $0 | — |
| Net Cash from Financing Activities | $-138.3M | $444.2M |
| Net Change in Cash | $-113.1M | $-200.4M |
| Free Cash Flow | $72.2M | $116.9M |