HA Sustainable Infrastructure Capital, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $30.9M | $14.7M | $8.0M | $9.6M | $-10.5M | $3.8M | $-5.0M |
| Depreciation & Amortization | $3.6M | $7.7M | $4.0M | $2.6M | $1.1M | $440.0K | $431.0K |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — |
| Stock-Based Compensation | $11.3M | $10.1M | $10.6M | $5.2M | $7.1M | $15.0K | $14.0K |
| Net Cash from Operating Activities | $11.7M | $56.9M | $18.5M | $5.1M | $-10.8M | $9.7M | $1.5M |
| Investing Activities | |||||||
| Capital Expenditures | — | — | — | — | $65.0K | $217.0K | $52.0K |
| Business Acquisitions | — | — | — | $125.9M | — | — | — |
| Net Cash from Investing Activities | $-297.9M | $-190.6M | — | — | $-229.3M | $-40.2M | $8.2M |
| Financing Activities | |||||||
| Dividends Paid | $68.2M | $49.5M | $31.6M | $13.9M | $7.1M | — | — |
| Stock Repurchases | — | — | — | $205.0K | $366.0K | — | — |
| Net Cash from Financing Activities | $345.2M | $113.7M | — | — | $263.9M | $49.8M | $-13.4M |
| Net Change in Cash | $59.0M | $-20.1M | $-15.6M | $26.4M | $23.8M | $19.3M | $-3.6M |
| Free Cash Flow | — | — | — | — | $-10.8M | $9.5M | $1.5M |