FLAGSTAR BANK, NATIONAL ASSOCIATION
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $398.6M | $77.9M | $279.1M |
| Depreciation & Amortization | $20.0M | $19.7M | $19.0M |
| Depreciation | — | — | — |
| Amortization | $22.8M | $23.3M | $22.8M |
| Stock-Based Compensation | $13.3M | $13.7M | $12.3M |
| Net Cash from Operating Activities | $215.4M | $244.8M | $296.2M |
| Investing Activities | |||
| Capital Expenditures | $7.4M | $22.6M | $8.8M |
| Business Acquisitions | — | — | — |
| Net Cash from Investing Activities | $3.75B | $-2.12B | $2.02B |
| Financing Activities | |||
| Dividends Paid | $347.6M | $333.5M | $310.2M |
| Stock Repurchases | $1.3M | $2.2M | $168.0K |
| Net Cash from Financing Activities | $-1.50B | $1.74B | $-2.21B |
| Net Change in Cash | $2.47B | $-132.5M | $105.0M |
| Free Cash Flow | $208.0M | $222.2M | $287.4M |