MACERICH CO
Cash Flow Statement
| Line Item | Mar 2015 | Dec 2014 | Sep 2014 | Jun 2014 | Mar 2014 | Dec 2013 | Sep 2013 | Jun 2013 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.7M | $1.43B | $38.7M | $18.0M | $19.6M | $144.9M | $40.8M | $234.8M |
| Depreciation & Amortization | $122.4M | — | $89.7M | $87.8M | $90.6M | — | $88.4M | $88.6M |
| Depreciation | $90.2M | — | $68.7M | $68.0M | $68.5M | — | $68.6M | $65.7M |
| Amortization | $21.7M | — | $11.9M | $11.4M | $12.7M | — | $12.2M | $14.4M |
| Stock-Based Compensation | $14.5M | — | — | — | $16.5M | — | — | — |
| Net Cash from Operating Activities | $162.1M | — | — | — | $97.9M | — | — | — |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-150.0M | — | — | — | $-22.3M | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $111.5M | — | — | — | $95.3M | — | — | — |
| Stock Repurchases | $0 | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $21.1M | — | — | — | $-80.4M | — | — | — |
| Net Change in Cash | $33.3M | — | — | — | $-4.8M | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |
People who invest make money for themselves; people who speculate make money for their brokers.