LTC Properties, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $87.3M | $85.1M | $73.1M | $73.4M | $57.8M | $51.3M | $49.3M | $45.9M |
| Depreciation & Amortization | $37.6M | $35.9M | $29.4M | $25.5M | $24.7M | $22.2M | $19.6M | $16.1M |
| Depreciation | — | — | $0 | $0 | $0 | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $5.2M | $4.3M | $4.0M | $3.3M | $2.6M | $1.8M | $1.5M | $1.3M |
| Net Cash from Operating Activities | $105.3M | $105.7M | $102.3M | $95.8M | $87.1M | $76.8M | $70.5M | $65.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-92.0M | $-139.9M | $-326.8M | $-29.0M | $-164.9M | $-158.6M | $-93.0M | $-87.0M |
| Financing Activities | ||||||||
| Dividends Paid | $90.2M | $84.6M | $76.8M | $74.4M | $66.9M | $57.8M | $56.6M | $53.9M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-16.1M | $29.2M | $212.2M | $-48.3M | $77.3M | $84.6M | $20.1M | $20.1M |
| Net Change in Cash | $-2.8M | $-5.0M | $-12.3M | $18.5M | $-413.0K | $2.8M | $-2.5M | $-2.0M |
| Free Cash Flow | — | — | — | — | — | — | — | — |