WORLD KINECT CORPORATION
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $117.1M | $105.0M |
| Depreciation & Amortization | $17.0M | $13.9M |
| Depreciation | $8.6M | — |
| Amortization | $8.3M | — |
| Stock-Based Compensation | $6.5M | $14.7M |
| Net Cash from Operating Activities | $77.9M | $393.5M |
| Investing Activities | ||
| Capital Expenditures | $6.5M | $6.8M |
| Business Acquisitions | $52.0M | $93.4M |
| Net Cash from Investing Activities | $-61.8M | $-100.2M |
| Financing Activities | ||
| Dividends Paid | $7.7M | $4.3M |
| Stock Repurchases | — | — |
| Net Cash from Financing Activities | $-34.4M | $-13.4M |
| Net Change in Cash | $-15.5M | $278.2M |
| Free Cash Flow | $71.4M | $386.7M |