Highwoods Properties, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $191.7M | $541.1M | $101.3M | $116.0M | $131.1M | $84.2M | $48.0M | $72.3M |
| Depreciation & Amortization | $227.8M | $220.1M | $201.9M | $180.6M | $162.9M | $146.4M | $127.5M | $130.2M |
| Depreciation | $227.8M | $220.1M | $216.0M | $196.0M | $182.7M | $158.3M | $143.1M | $136.2M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $6.7M | $6.3M | $6.9M | $6.9M | $6.9M | $7.6M | $6.1M | $6.6M |
| Net Cash from Operating Activities | $352.5M | $305.8M | $288.9M | $266.9M | $256.4M | $193.4M | $195.4M | $190.5M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-200.3M | $216.3M | $-654.2M | $-328.2M | $-356.6M | $-238.8M | $-215.5M | $-78.2M |
| Financing Activities | ||||||||
| Dividends Paid | $180.8M | $166.9M | $160.3M | $154.2M | $146.0M | $128.7M | $122.7M | $121.6M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-142.5M | $-465.2M | $361.5M | $59.9M | $96.6M | $48.0M | $17.1M | $-121.9M |
| Net Change in Cash | $-46.2M | $44.5M | $-3.8M | $-1.4M | $-3.6M | $2.6M | $-3.0M | $-9.5M |
| Free Cash Flow | — | — | — | — | — | — | — | — |