SFL Corporation Ltd.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $101.2M | $146.4M | $200.8M | $122.8M | $89.2M | $185.8M | $131.2M | $165.7M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $88.2M | $94.3M | $78.1M | $67.4M | $58.4M | $55.6M | $49.9M | $34.2M |
| Amortization | $0 | $0 | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $177.8M | $230.1M | $258.4M | $132.4M | $140.1M | $86.6M | $163.7M | $153.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $48.4M | $39.4M | $-205.8M | $-21.9M | $-74.0M | $34.3M | $-5.9M | $77.0M |
| Financing Activities | ||||||||
| Dividends Paid | $152.9M | $168.3M | $162.6M | $152.1M | $109.1M | $152.0M | $122.6M | $117.2M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-135.5M | $-277.3M | $-33.3M | $-118.3M | $-68.0M | $-155.3M | $-149.9M | $-228.0M |
| Net Change in Cash | $90.7M | $-7.8M | $19.4M | $-7.8M | $-1.9M | $-34.4M | $7.9M | $2.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |