First Financial Bankshares, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $120.4M | $104.8M | $100.4M | $89.6M | $78.9M | $74.2M | $68.4M | $59.7M |
| Depreciation & Amortization | $12.9M | $11.6M | $11.1M | $9.3M | $8.6M | $7.9M | $7.4M | $7.1M |
| Depreciation | $9.8M | $9.4M | $9.1M | $7.8M | $7.2M | $6.5M | $5.9M | $5.6M |
| Amortization | $613.0K | $738.0K | $561.0K | $275.0K | $197.0K | $149.0K | $402.0K | $609.0K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $190.3M | $160.7M | $109.1M | $131.4M | $109.9M | $93.1M | $95.1M | $71.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $14.2M | $20.4M | $17.4M | $17.4M | $11.3M | $16.2M | $14.8M | $11.2M |
| Business Acquisitions | — | — | $1.9M | — | $25.7M | — | — | $2.5M |
| Net Cash from Investing Activities | $-398.0M | $-252.0M | — | — | $-556.8M | $-295.0M | $-331.0M | $-355.8M |
| Financing Activities | ||||||||
| Dividends Paid | $49.0M | $44.9M | $38.8M | $34.6M | $24.5M | $38.7M | $29.4M | $28.3M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $323.6M | $74.8M | — | — | $298.2M | $311.8M | $222.5M | $283.3M |
| Net Change in Cash | $115.9M | $-16.4M | $19.4M | $41.5M | $-148.7M | $109.9M | $-13.4M | $-651.0K |
| Free Cash Flow | $176.1M | $140.3M | $91.7M | $114.0M | $98.5M | $76.9M | $80.3M | $60.6M |