First Solar
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of First Solar generated cash of $602,260,000, which is less than the previous year. Cash used in financing activities reached the amount of $336,853,000 last year. Net change in cash is therefore $471,607,000.
Cash Flow
| 2014 | 680.98M | -511.87M | 7.35M |
|---|---|---|---|
| 2015 | -360.91M | -112.14M | 137.10M |
| 2016 | 206.75M | 144.52M | -136.39M |
| 2017 | 1.34B | -626.80M | 192.04M |
| 2018 | -326.80M | -682.71M | 255.22M |
| 2019 | 174.20M | -362.29M | 74.94M |
| 2020 | 37.12M | -131.22M | -82.58M |
| 2021 | 237.55M | -99.04M | 40.55M |
| 2022 | 873.36M | -1.19B | 309.39M |
| 2023 | 602.26M | -472.79M | 336.85M |
0R06.L Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.49B | 1.45B | 1.27B | 1.44B | 1.56B | 2.33B | 1.41B | 1.20B | 1.48B | 1.32B |
Operating activities | ||||||||||
Net income | 830.77M | -44.16M | 468.69M | 398.35M | -114.93M | 144.32M | -165.61M | -357.96M | 546.42M | 396.91M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 307.99M | 269.72M | 259.9M | 232.92M | 205.47M | 130.73M | 115.31M | 230.94M | 257.82M | 245.79M |
Stock-based compensation expense | 34.21M | 28.65M | 20.90M | 29.26M | 37.42M | 0 | 35.12M | 28.71M | 44.89M | 43.81M |
| Deferred income tax benefit | 34.21M | 28.65M | 20.90M | 29.26M | 37.42M | 0 | 35.12M | 28.71M | 44.89M | 43.81M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -304.18M | 118.72M | -222.19M | -196.34M | 301.10M | -116.38M | 85.76M | 92.74M | -340.29M | 122.36M |
Inventories | -205.10M | 16.69M | -136.36M | -145.39M | -83.52M | -257.22M | 212.75M | 95.78M | 113.53M | -99.87M |
Accounts payable | 79.32M | 5.56M | 34.91M | -43.28M | -336K | 96.44M | -47.19M | -191.64M | 143.87M | -52.33M |
Cash generated by operating activities | 602.26M | 873.36M | 237.55M | 37.12M | 174.20M | -326.80M | 1.34B | 206.75M | -360.91M | 680.98M |
Investing activities | ||||||||||
Purchases Of Investments | -3.61B | -3.37B | -2.14B | -901.92M | -1.17B | -1.36B | -580.97M | -422.60M | -556.47M | -305.39M |
Investments In Property Plant And Equipment | -1.38B | -903.60M | -540.29M | -416.63M | -668.71M | -739.83M | -514.35M | -229.45M | -166.43M | -257.54M |
Acquisitions Net | -28.05M | 442.30M | 300.49M | 0 | 0 | 247.59M | 720K | 281.23M | -27.47M | -29.27M |
Cash generated by investing activities | -472.79M | -1.19B | -99.04M | -131.22M | -362.29M | -682.71M | -626.80M | 144.52M | -112.14M | -511.87M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -31.13M | -12.09M | -15.98M | -13.11M | -16.08M | -11.17M | -5.13M | -20.40M | -18.18M | -23.1M |
Repayments of term debt | 367.98M | 321.48M | -72.67M | -225.34M | 90.03M | -18.93M | 234.36M | -692.64M | 151.16M | -60.06M |
Cash used in financing activities | 336.85M | 309.39M | 40.55M | -82.58M | 74.94M | 255.22M | 192.04M | -136.39M | 137.10M | 7.35M |
Net Change In Cash | 471.60M | 37.62M | 182.24M | -172.91M | -116.11M | -767.85M | 914.78M | 208.57M | -355.22M | 156.98M |
Cash at end of period | 1.96B | 1.49B | 1.45B | 1.27B | 1.44B | 1.56B | 2.33B | 1.41B | 1.12B | 1.48B |
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