Landmark Bancorp, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.4M | $9.0M | $10.5M | $8.0M | $4.7M | $6.4M | $4.5M | $2.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.0M | $1.1M | $1.2M | $1.1M | $960.0K | $953.0K | $881.0K | $972.0K |
| Amortization | $1.3M | $1.4M | $1.4M | $1.3M | $749.0K | $1.2M | $778.0K | $790.0K |
| Stock-Based Compensation | $172.0K | $59.0K | $16.0K | $55.0K | $58.0K | $82.0K | $107.0K | $100.0K |
| Net Cash from Operating Activities | $3.1M | $19.0M | $7.0M | $8.7M | $12.1M | $12.4M | $13.1M | $-2.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.4M | $596.0K | $1.2M | $1.5M | $650.0K | $799.0K | $349.0K | $320.0K |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $-21.2M | $-40.3M | — | — | — | $10.4M | $-32.5M | $20.1M |
| Financing Activities | ||||||||
| Dividends Paid | $3.1M | $2.9M | $2.5M | $2.4M | $2.2M | $2.1M | $2.0M | $1.9M |
| Stock Repurchases | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Financing Activities | $14.7M | $27.7M | — | — | — | $-25.3M | $27.2M | $-20.6M |
| Net Change in Cash | $-3.4M | $6.4M | $809.0K | $-17.0M | $14.8M | $-2.6M | $7.8M | $-2.6M |
| Free Cash Flow | $1.6M | $18.4M | $5.8M | $7.2M | $11.4M | $11.6M | $12.7M | $-2.4M |