INTERNATIONAL BANCSHARES CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $157.4M | $133.9M | $136.7M | $153.2M | $126.4M | $107.8M | $127.1M | $130.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $25.3M | $24.7M | $25.0M | $24.0M | $26.0M | $26.8M | $34.9M | $35.4M |
| Amortization | $25.0K | $128.0K | $644.0K | $2.4M | $4.6M | $4.7M | $5.3M | $5.3M |
| Stock-Based Compensation | $903.0K | $1.1M | $1.2M | $1.1M | $414.0K | $474.0K | $387.0K | $534.0K |
| Net Cash from Operating Activities | $196.8M | $203.2M | $203.6M | $193.0M | $209.1M | $160.0M | $180.8M | $127.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $14.3M | $38.9M | $19.8M | $50.4M | $50.0M | $62.0M | $20.4M | $16.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-403.8M | $-137.8M | $373.2M | — | — | — | — | $-204.5M |
| Financing Activities | ||||||||
| Dividends Paid | $43.6M | $39.6M | $38.5M | $34.8M | $28.9M | $26.9M | $25.6M | $24.4M |
| Stock Repurchases | $187.0K | $8.0M | $6.7M | $18.9M | — | $1.7M | $6.4M | $6.9M |
| Net Cash from Financing Activities | $203.1M | $-69.3M | $-559.0M | — | — | — | — | $50.5M |
| Net Change in Cash | $-3.8M | $-3.9M | $17.9M | — | — | — | — | $-26.8M |
| Free Cash Flow | $182.5M | $164.4M | $183.8M | $142.7M | $159.1M | $98.0M | $160.4M | $111.3M |