FLAGSTAR BANK, NATIONAL ASSOCIATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $466.2M | $495.4M | $-47.2M | $485.4M | $475.5M | $501.1M | $480.0M | $541.0M |
| Depreciation & Amortization | $32.8M | $32.8M | $31.5M | $27.8M | $28.1M | $25.5M | $23.5M | $20.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $208.0K | $2.4M | $5.3M | $8.3M | $15.8M | $19.6M | $26.1M | $31.3M |
| Stock-Based Compensation | $36.0M | $32.7M | $30.2M | $27.5M | $22.2M | $20.7M | $16.7M | $15.8M |
| Net Cash from Operating Activities | $1.33B | $755.7M | $-420.4M | $722.4M | $1.38B | $576.0M | $830.2M | $-69.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $27.8M | $84.2M | $34.8M | $73.5M | $37.2M | $38.8M | $40.7M | $48.6M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $1.06B | $1.22B | — | — | $-5.17B | $-1.73B | $-1.21B | $1.30B |
| Financing Activities | ||||||||
| Dividends Paid | $332.1M | $330.8M | $454.0M | $442.2M | $440.3M | $438.5M | $436.9M | $434.4M |
| Stock Repurchases | $18.5M | $8.7M | $7.0M | $7.3M | $5.3M | $3.5M | $3.7M | $4.1M |
| Net Cash from Financing Activities | $-418.1M | $-1.95B | — | — | $2.01B | $1.58B | $455.0M | $-1.97B |
| Net Change in Cash | $1.97B | $20.2M | $-26.5M | $-80.4M | $-1.78B | $425.5M | $74.2M | $-743.3M |
| Free Cash Flow | $1.30B | $671.5M | $-455.2M | $648.9M | $1.34B | $537.3M | $789.5M | $-118.3M |