UGI CORPORATION
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $258.5M | $215.5M |
| Depreciation & Amortization | $200.9M | $184.4M |
| Depreciation | $180.2M | $163.8M |
| Amortization | $18.4M | — |
| Stock-Based Compensation | $11.4M | $11.8M |
| Net Cash from Operating Activities | $665.0M | $464.4M |
| Investing Activities | ||
| Capital Expenditures | $301.7M | $232.1M |
| Business Acquisitions | $322.6M | $1.3M |
| Net Cash from Investing Activities | $-519.9M | $-289.5M |
| Financing Activities | ||
| Dividends Paid | $85.1M | $80.9M |
| Stock Repurchases | — | — |
| Net Cash from Financing Activities | $-114.6M | $-180.1M |
| Net Change in Cash | $34.9M | $-6.6M |
| Free Cash Flow | $363.3M | $232.3M |