JinkoSolar Holding Co., Ltd.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $21.8M | $263.1M | $105.6M | $108.5M | $31.1M | $-247.6M | $43.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | $92.3M | $64.7M | $60.7M | $56.1M | $54.2M | $51.9M | $41.9M |
| Amortization | $535.2K | $461.3K | $343.2K | $183.2K | $157.5K | $122.7K | $35.6K |
| Stock-Based Compensation | $10.0M | $29.3M | $17.4M | $6.9M | $3.0M | $2.8M | $1.6M |
| Net Cash from Operating Activities | $-27.2M | $-259.7M | $206.7M | $30.1M | $103.3M | $115.0M | $-126.8M |
| Investing Activities | |||||||
| Capital Expenditures | $334.8M | $284.5M | $132.9M | $79.0M | $76.5M | $19.5M | $320.2M |
| Business Acquisitions | $0 | $-10.0M | $11.6M | $20.8M | $743.8K | $896.4K | — |
| Net Cash from Investing Activities | $-374.0M | — | — | — | — | $-80.4M | $-386.7M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | $9.0M |
| Net Cash from Financing Activities | $324.3M | — | — | — | — | $-59.5M | $500.9M |
| Net Change in Cash | $-88.1M | $-170.3M | $294.3M | $212.9M | $29.2M | $-24.8M | $-13.9M |
| Free Cash Flow | $-362.0M | $-544.2M | $73.9M | $-48.8M | $26.7M | $95.5M | $-447.0M |