Mid-America Apartment Communities Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $328.4M | $105.2M | $48.8M | $29.8M | $37.2M | $30.2M |
| Depreciation & Amortization | $494.5M | $132.2M | $119.3M | $106.7M | $98.4M | $93.2M |
| Depreciation | — | — | $115.6M | $103.1M | $96.0M | $90.2M |
| Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | $10.6M | $2.2M | $5.5M | $3.0M | $1.3M | — |
| Net Cash from Operating Activities | $660.8M | $211.0M | $172.3M | $133.8M | $140.3M | $139.8M |
| Investing Activities | ||||||
| Capital Expenditures | — | — | — | $32.9M | $41.5M | $42.1M |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-294.2M | $-329.2M | $-442.2M | $-254.3M | $-154.0M | $-244.9M |
| Financing Activities | ||||||
| Dividends Paid | $395.3M | $107.7M | $92.0M | $77.1M | $69.5M | $65.8M |
| Stock Repurchases | — | $2.0M | $2.5M | $1.2M | $964.0K | $679.0K |
| Net Cash from Financing Activities | $-399.5M | $70.0M | $281.2M | $152.6M | $18.1M | $97.3M |
| Net Change in Cash | $-32.9M | $-48.2M | $11.4M | $32.1M | $4.4M | $-7.8M |
| Free Cash Flow | — | — | — | $100.9M | $98.7M | $97.7M |