LCNB CORP
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $13.0M | $12.5M | $11.5M | $9.9M | $8.8M | $8.3M | $8.1M | $9.4M |
| Depreciation & Amortization | $1.5M | $1.2M | $1.4M | $1.5M | $1.5M | $1.3M | $1.2M | $1.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $751.0K | $753.0K | $700.0K | $574.0K | $334.0K | $57.0K | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $18.1M | $15.5M | $13.2M | $15.9M | $10.4M | $11.0M | $10.7M | $13.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.6M | $9.5M | $504.0K | $1.1M | $858.0K | $478.0K | $2.6M | $1.4M |
| Business Acquisitions | — | $0 | $-9.0M | $9.1M | $-9.8M | $0 | $0 | — |
| Net Cash from Investing Activities | $14.8M | $-27.5M | $-65.6M | $-11.0M | $-587.0K | $-5.5M | $-21.2M | $-31.1M |
| Financing Activities | ||||||||
| Dividends Paid | $6.1M | $6.0M | $5.9M | $5.6M | $4.9M | $4.0M | $4.3M | $4.3M |
| Stock Repurchases | $0 | $0 | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-26.4M | $15.9M | $51.5M | $-3.8M | $-8.6M | $-11.5M | $19.1M | $15.7M |
| Net Change in Cash | $6.5M | $3.9M | $-858.0K | $1.2M | $1.2M | $-6.1M | $8.5M | $-1.6M |
| Free Cash Flow | $11.5M | $6.0M | $12.7M | $14.9M | $9.6M | $10.5M | $8.1M | $12.4M |