UNIVEST FINANCIAL CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $44.1M | $19.5M | $27.3M | $22.2M | $21.2M | $20.9M | $18.9M | $15.8M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $5.6M | $4.1M | $3.8M | $3.2M | $2.9M | $2.9M | $2.6M | $2.5M |
| Amortization | $4.2M | $4.1M | $3.6M | $3.3M | $2.3M | $2.4M | $1.6M | $1.5M |
| Stock-Based Compensation | $3.2M | $2.1M | $1.4M | $1.1M | $978.0K | $1.3M | $888.0K | $1.0M |
| Net Cash from Operating Activities | $68.7M | $33.3M | $39.3M | $29.7M | $32.8M | $37.1M | $42.7M | $34.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $4.0M | $12.6M | $5.9M | $5.6M | $3.8M | $578.0K | $2.3M | $2.9M |
| Business Acquisitions | $0 | $79.2M | $3.0M | $9.3M | $2.2M | $3.2M | $1.8M | $927.0K |
| Net Cash from Investing Activities | $-332.5M | $-313.9M | $-190.0M | $-36.3M | $21.6M | $-58.2M | $-57.8M | $-84.5M |
| Financing Activities | ||||||||
| Dividends Paid | $21.3M | $17.0M | $15.0M | $13.0M | $10.0M | $16.8M | $13.4M | $13.2M |
| Stock Repurchases | $3.5M | $8.4M | $13.3M | $4.6M | $12.0M | $2.3M | $1.9M | $153.0K |
| Net Cash from Financing Activities | $281.4M | $277.7M | $151.1M | $5.9M | $-120.2M | $79.6M | $43.3M | $40.8M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $64.7M | $20.7M | $33.5M | $24.1M | $29.0M | $36.6M | $40.4M | $31.9M |