Garmin Ltd.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $704.0M | $732.8M | $855.0M |
| Depreciation & Amortization | — | — | — |
| Depreciation | $56.7M | $46.9M | $35.5M |
| Amortization | $37.4M | — | — |
| Stock-Based Compensation | $43.6M | — | — |
| Net Cash from Operating Activities | $1.09B | $862.2M | $682.1M |
| Investing Activities | |||
| Capital Expenditures | $49.2M | $119.6M | $156.8M |
| Business Acquisitions | $0 | $60.1M | $128.8M |
| Net Cash from Investing Activities | $-547.9M | $-56.3M | $-175.7M |
| Financing Activities | |||
| Dividends Paid | $149.8M | $150.3M | $162.5M |
| Stock Repurchases | $20.3M | $671.8M | $7.8M |
| Net Cash from Financing Activities | $-161.2M | $-808.1M | $-136.1M |
| Net Change in Cash | $395.2M | $-11.4M | $370.4M |
| Free Cash Flow | $1.05B | $742.5M | $525.3M |