Piedmont Realty Trust, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $133.6M | $99.7M | $131.3M | $42.2M | $98.7M | $93.2M | $225.0M | $120.4M |
| Depreciation & Amortization | $145.8M | $155.3M | $155.0M | $156.8M | $140.6M | $139.2M | $147.4M | $131.0M |
| Depreciation | $119.3M | $127.7M | $134.5M | $138.6M | $123.6M | $113.7M | $109.7M | $104.5M |
| Amortization | $73.9M | $74.4M | $61.2M | $56.3M | $43.9M | $47.5M | $56.7M | $43.4M |
| Stock-Based Compensation | $9.2M | $7.9M | $8.8M | $5.3M | $1.6M | $2.2M | $4.7M | $3.7M |
| Net Cash from Operating Activities | $242.8M | $231.8M | $223.7M | $217.2M | $215.1M | $220.9M | $267.1M | $275.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | $291.5M | $542.2M | $108.5M | $215.6M | $114.1M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $240.6M | $-119.9M | $299.9M | $-266.9M | $-495.8M | $-63.5M | $37.0M | $-80.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $60.5M | $7.9M | $158.9M | $54.8M | $173.6M | $88.5M | $3.2M | $0 |
| Net Cash from Financing Activities | $-482.9M | $-114.4M | $-531.0M | $55.1M | $274.8M | $-284.2M | $-221.1M | $-148.8M |
| Net Change in Cash | $551.0K | $1.6M | $-6.9M | $5.3M | $-6.0M | $-126.7M | $83.0M | $46.7M |
| Free Cash Flow | — | — | — | $-74.3M | $-327.1M | $112.4M | $51.5M | $161.6M |