MercadoLibre, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $13.8M | $136.4M | $105.8M | $72.6M | $117.5M | $101.2M | $76.8M | $56.0M |
| Depreciation & Amortization | $40.9M | $29.0M | $23.2M | $16.9M | $11.9M | $9.0M | $7.3M | $4.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $4.4M | $4.0M | $3.1M | $1.7M | $781.0K | $891.7K | $1.0M | $841.8K |
| Stock-Based Compensation | $35.7M | $23.0M | $10.2M | $11.9M | $11.6M | $4.4M | $4.1M | $3.5M |
| Net Cash from Operating Activities | $269.0M | $190.3M | $221.4M | $196.8M | $142.5M | $139.9M | $89.4M | $67.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $55.2M | $68.5M | $39.2M | $34.4M | $113.8M | $16.7M | $18.9M | $13.2M |
| Business Acquisitions | $8.6M | $7.3M | $45.0M | $36.8M | $3.4M | — | $5.5M | — |
| Net Cash from Investing Activities | $-22.6M | $-84.2M | $-183.5M | — | $-78.8M | $-84.6M | $-66.9M | $-58.8M |
| Financing Activities | ||||||||
| Dividends Paid | $26.5M | $24.4M | $21.0M | $28.3M | $23.8M | $18.0M | $10.6M | — |
| Stock Repurchases | — | — | $2.7M | $1.9M | $1.0M | — | — | — |
| Net Cash from Financing Activities | $-50.9M | $-19.7M | $-27.7M | — | $-9.2M | $-18.0M | $-10.6M | $-3.0M |
| Net Change in Cash | $154.1M | $67.3M | $-56.3M | $82.9M | $38.8M | $34.1M | $10.6M | $7.0M |
| Free Cash Flow | $213.9M | $121.7M | $182.2M | $162.4M | $28.8M | $123.1M | $70.5M | $54.7M |