First Merchants Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $96.1M | $81.1M | $65.4M | $60.2M | $44.5M | $45.1M | $25.3M | $6.9M |
| Depreciation & Amortization | $8.0M | $7.2M | $6.3M | $6.0M | $4.7M | $4.5M | $5.2M | $5.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.6M | $3.9M | $2.8M | $2.4M | $1.6M | $1.9M | $3.5M | $4.7M |
| Stock-Based Compensation | $2.8M | $2.6M | $2.3M | $2.2M | $1.8M | $1.5M | $1.3M | $1.8M |
| Net Cash from Operating Activities | $126.5M | $103.7M | $56.7M | $75.8M | $183.1M | $70.3M | $85.5M | $81.1M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | $-54.5M | — | $7.9M | $10.1M | $-11.0M | $-17.2M | — | — |
| Net Cash from Investing Activities | $-635.3M | $-448.7M | $-340.4M | $-126.0M | $-138.2M | $11.9M | $-28.2M | $109.9M |
| Financing Activities | ||||||||
| Dividends Paid | $31.8M | $22.2M | $15.7M | $10.7M | $5.6M | $2.9M | $1.1M | $989.0K |
| Stock Repurchases | $0 | $2.0M | $1.6M | $1.1M | $491.0K | $235.0K | $126.0K | $76.0K |
| Net Cash from Financing Activities | $535.8M | $370.7M | $267.3M | $59.3M | $-37.0M | $-54.0M | $-42.3M | $-311.7M |
| Net Change in Cash | $27.0M | $25.8M | $-16.4M | $9.2M | $8.0M | $28.1M | $15.0M | $-120.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |