WORLD KINECT CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-170.2M | $126.5M | $174.5M | $221.1M | $207.2M | $201.4M | $199.2M | $146.9M |
| Depreciation & Amortization | $86.0M | $82.3M | $65.5M | $57.3M | $44.7M | $36.7M | $40.5M | $19.1M |
| Depreciation | $44.1M | $42.5M | $35.1M | $30.3M | $22.0M | $18.6M | $15.5M | $9.3M |
| Amortization | $41.9M | $39.7M | $30.4M | $27.0M | $22.4M | $18.1M | $25.0M | $9.8M |
| Stock-Based Compensation | $21.2M | $19.2M | $17.0M | $15.8M | $16.7M | $14.1M | $11.0M | $10.1M |
| Net Cash from Operating Activities | $-133.6M | $50.7M | $447.5M | $141.1M | $264.3M | $145.8M | $-142.5M | $-35.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $54.0M | $36.1M | $51.0M | $50.2M | $82.7M | $28.5M | $19.5M | $12.5M |
| Business Acquisitions | $120.7M | $430.8M | — | — | $77.0M | $217.8M | $122.7M | $177.8M |
| Net Cash from Investing Activities | $158.7M | $-274.0M | — | — | — | — | — | $-180.3M |
| Financing Activities | ||||||||
| Dividends Paid | $16.3M | $16.6M | $15.3M | $10.6M | $10.7M | $10.7M | $10.6M | $8.9M |
| Stock Repurchases | $61.9M | $41.2M | $70.5M | $10.0M | $35.0M | — | — | — |
| Net Cash from Financing Activities | $-361.6M | $340.9M | — | — | — | — | — | $190.0M |
| Net Change in Cash | $-326.2M | $116.1M | $280.2M | $10.2M | $119.4M | — | — | $-26.0M |
| Free Cash Flow | $-187.6M | $14.6M | $396.5M | $90.9M | $181.6M | $117.3M | $-162.0M | $-48.2M |