Norwood Financial Corp.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $8.2M | $6.7M | $5.9M | $7.7M | $8.5M | $8.4M | $7.4M | $7.3M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $922.0K | $726.0K | $551.0K | $572.0K | $594.0K | $570.0K | $531.0K | $459.0K |
| Amortization | $150.0K | $122.0K | $105.0K | $121.0K | $137.0K | $153.0K | $108.0K | $52.0K |
| Stock-Based Compensation | — | — | — | $154.0K | $162.0K | $130.0K | $170.0K | $163.0K |
| Net Cash from Operating Activities | $16.1M | $11.4M | $10.5M | $10.5M | $12.7M | $11.4M | $10.8M | $8.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.6M | $511.0K | $290.0K | $193.0K | $393.0K | $417.0K | $175.0K | $179.0K |
| Business Acquisitions | — | — | — | — | — | — | $-4.5M | — |
| Net Cash from Investing Activities | $-28.6M | — | — | $4.7M | $-52.7M | $-17.2M | $31.1M | $-10.9M |
| Financing Activities | ||||||||
| Dividends Paid | $5.4M | $4.7M | $4.5M | $4.4M | $4.2M | $3.9M | $3.5M | $3.1M |
| Stock Repurchases | $1.6M | $447.0K | $127.0K | $179.0K | $319.0K | $320.0K | $602.0K | — |
| Net Cash from Financing Activities | $12.1M | — | — | $-10.7M | $35.5M | $-3.2M | $-37.1M | $1.6M |
| Net Change in Cash | $-477.0K | $7.2M | $-2.4M | $4.5M | $-4.4M | $-9.1M | $4.8M | $-730.0K |
| Free Cash Flow | $14.4M | $10.9M | $10.2M | $10.3M | $12.3M | $10.9M | $10.6M | $8.4M |