Independent Bank Corporation
Cash Flow Statement
| Line Item | FY2009 |
|---|---|
| Operating Activities | |
| Net Income | $-90.2M |
| Depreciation & Amortization | $-43.3M |
| Depreciation | — |
| Amortization | — |
| Stock-Based Compensation | $809.0K |
| Net Cash from Operating Activities | $4.4M |
| Investing Activities | |
| Capital Expenditures | $8.0M |
| Business Acquisitions | — |
| Net Cash from Investing Activities | $147.6M |
| Financing Activities | |
| Dividends Paid | $3.4M |
| Stock Repurchases | — |
| Net Cash from Financing Activities | $79.0M |
| Net Change in Cash | $231.0M |
| Free Cash Flow | $-3.6M |