Phoenix New Media Limited
Cash Flow Statement
| Line Item | FY2012 | FY2011 |
|---|---|---|
| Operating Activities | ||
| Net Income | $17.2M | $16.3M |
| Depreciation & Amortization | $3.4M | $2.0M |
| Depreciation | $3.1M | — |
| Amortization | $300.0K | — |
| Stock-Based Compensation | $1.1M | $10.5M |
| Net Cash from Operating Activities | $17.6M | $10.3M |
| Investing Activities | ||
| Capital Expenditures | $12.8M | $5.3M |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $75.6M | $-127.6M |
| Financing Activities | ||
| Dividends Paid | — | — |
| Stock Repurchases | $8.5M | — |
| Net Cash from Financing Activities | $-9.6M | $137.1M |
| Net Change in Cash | $83.3M | $17.5M |
| Free Cash Flow | $4.8M | $5.0M |