Ituran Location and Control Ltd.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $43.8M | $32.1M | $25.0M | $30.4M | $23.8M | $26.0M | $22.2M | $9.8M |
| Depreciation & Amortization | $10.4M | $9.2M | $8.8M | $9.1M | $9.7M | $11.6M | $14.5M | — |
| Depreciation | $13.5M | $11.6M | $10.9M | $11.2M | $11.1M | $13.3M | $16.1M | $14.7M |
| Amortization | — | — | — | $231.0K | $367.0K | $703.0K | $818.0K | $1.1M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $43.9M | $41.5M | $35.9M | $37.7M | $46.7M | $32.2M | $45.9M | $33.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $16.2M | $13.6M | $18.7M | $15.0M | $14.2M | $9.7M | $16.2M | $18.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-14.7M | $-19.9M | $-25.7M | — | — | $-9.6M | $-10.8M | $-15.0M |
| Financing Activities | ||||||||
| Dividends Paid | $22.6M | $17.1M | $17.6M | $19.3M | $16.1M | $33.3M | $21.8M | $31.6M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-24.3M | $-18.2M | $-18.7M | — | — | $-27.3M | $-44.7M | $-33.8M |
| Net Change in Cash | $5.8M | $4.1M | $-11.4M | $-3.3M | $12.2M | $-5.8M | $-11.4M | $-14.1M |
| Free Cash Flow | $27.7M | $27.8M | $17.2M | $22.8M | $32.5M | $22.5M | $29.7M | $15.1M |