First Solar, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $640.1M | $348.3M | $158.4M |
| Depreciation & Amortization | $129.6M | $59.5M | — |
| Depreciation | — | — | — |
| Amortization | $100.0K | — | — |
| Stock-Based Compensation | $88.7M | $58.9M | — |
| Net Cash from Operating Activities | $675.2M | $463.1M | $206.0M |
| Investing Activities | |||
| Capital Expenditures | $279.9M | $459.3M | $242.4M |
| Business Acquisitions | $-318.0K | $0 | $5.5M |
| Net Cash from Investing Activities | $-701.7M | $-308.4M | $-547.3M |
| Financing Activities | |||
| Dividends Paid | — | — | — |
| Stock Repurchases | — | — | — |
| Net Cash from Financing Activities | $-22.0M | $177.5M | $430.4M |
| Net Change in Cash | $-51.7M | $312.0M | $96.2M |
| Free Cash Flow | $395.3M | $3.8M | $-36.4M |