Ormat Technologies, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $132.4M | $88.7M | $120.4M | $54.2M | $41.2M | $-213.0M | $-43.1M | $37.3M |
| Depreciation & Amortization | $115.1M | $106.0M | $107.2M | $100.8M | $92.9M | $99.5M | $93.5M | $86.8M |
| Depreciation | $98.8M | $94.8M | $95.2M | $87.9M | $91.8M | $89.9M | $89.6M | $80.7M |
| Amortization | $6.9M | $4.4M | $3.3M | $3.3M | $3.3M | $3.3M | $3.3M | $3.2M |
| Stock-Based Compensation | $8.8M | $5.2M | $4.0M | $5.6M | $6.3M | $6.4M | $6.7M | $7.4M |
| Net Cash from Operating Activities | $245.6M | $159.3M | $190.0M | $213.2M | $86.8M | $89.5M | $132.7M | $101.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $259.2M | $151.9M | $152.5M | $158.8M | $204.6M | $233.0M | $269.7M | $283.5M |
| Business Acquisitions | $35.3M | $20.1M | — | — | — | — | — | $64.5M |
| Net Cash from Investing Activities | $-345.5M | $-173.8M | $-91.0M | $-129.2M | $-157.2M | $-100.8M | $-341.0M | $-203.8M |
| Financing Activities | ||||||||
| Dividends Paid | $20.5M | $25.7M | $12.7M | $9.6M | $3.6M | $3.6M | $5.9M | $12.3M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-67.9M | $43.5M | $46.6M | $-101.2M | $61.1M | $-21.9M | $225.3M | $138.9M |
| Net Change in Cash | $-182.4M | $44.3M | $145.7M | $-17.1M | $-9.3M | $-33.3M | $17.1M | $36.5M |
| Free Cash Flow | $-13.7M | $7.4M | $37.6M | $54.5M | $-117.9M | $-143.5M | $-136.9M | $-182.0M |