UGI CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $436.6M | $364.7M | $281.0M | $337.2M | $278.1M | $210.2M | $245.4M | $261.0M |
| Depreciation & Amortization | $416.3M | $400.9M | $374.1M | $362.9M | $363.1M | $315.0M | $227.7M | $210.2M |
| Depreciation | $365.5M | $346.6M | $313.2M | $305.7M | $301.4M | $263.2M | $201.0M | $187.6M |
| Amortization | $50.8M | $54.3M | $52.0M | $48.2M | $52.8M | $44.5M | $20.4M | $19.9M |
| Stock-Based Compensation | $19.3M | $23.8M | $29.2M | $25.8M | $17.6M | $14.5M | $15.6M | $13.2M |
| Net Cash from Operating Activities | $964.4M | $969.7M | $1.16B | $1.01B | $801.5M | $707.7M | $554.7M | $598.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $638.9M | $563.8M | $490.6M | $456.8M | $486.0M | $339.4M | $360.7M | $347.3M |
| Business Acquisitions | $100.8M | $61.2M | $447.5M | $37.1M | $78.9M | $1.58B | $52.5M | $83.0M |
| Net Cash from Investing Activities | $-768.7M | $-558.6M | $-976.3M | $-487.6M | $-553.3M | $-1.90B | $-415.4M | $-399.3M |
| Financing Activities | ||||||||
| Dividends Paid | $168.9M | $160.7M | $153.5M | $136.1M | $125.8M | $119.1M | $113.8M | $98.6M |
| Stock Repurchases | $43.3M | $47.6M | $34.1M | $39.8M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-146.6M | $-275.1M | $-217.1M | $-475.7M | $-186.1M | $1.28B | $-152.1M | $-213.6M |
| Net Change in Cash | $55.6M | $133.1M | $-49.8M | $30.2M | $69.4M | $81.4M | $-22.2M | $-19.4M |
| Free Cash Flow | $325.5M | $405.9M | $673.2M | $548.6M | $315.5M | $368.3M | $194.0M | $251.5M |