UNITIL CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $29.0M | $27.1M | $26.3M | $24.7M | $21.6M | $18.2M | $16.4M | $9.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $86.2M | $68.3M | $115.1M | $84.0M | $96.3M | $66.7M | $45.9M | $25.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $119.3M | $98.1M | $103.9M | $92.6M | $89.5M | $68.5M | $57.1M | $49.6M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-119.3M | $-98.1M | — | — | $-89.5M | $-68.5M | $-57.1M | $-49.6M |
| Financing Activities | ||||||||
| Dividends Paid | $20.4M | $20.0M | $19.6M | $19.2M | $19.1M | $17.2M | $15.2M | $15.0M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $36.2M | $26.9M | — | — | $-7.2M | $4.1M | $9.8M | $24.9M |
| Net Change in Cash | $3.1M | $-2.9M | $300.0K | $-1.0M | $-400.0K | $2.3M | $-1.4M | $1.2M |
| Free Cash Flow | $-33.1M | $-29.8M | $11.2M | $-8.6M | $6.8M | $-1.8M | $-11.2M | $-23.7M |