ALLETE
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 ALLETE generated cash of $585,300,000, which is more than the previous year. Cash used in financing activities reached the amount of -$262,500,000 last year. Net change in cash is therefore $39,200,000.
Cash Flow
| 2014 | 269.8M | -625.7M | 404.4M |
|---|---|---|---|
| 2015 | 340.1M | -618.8M | 229.9M |
| 2016 | 332M | -276.2M | -125.3M |
| 2017 | 402.9M | -229M | -102.5M |
| 2018 | 433.1M | -349M | -115.2M |
| 2019 | 249.5M | -345.3M | 109.3M |
| 2020 | 299.8M | -812.8M | 485.7M |
| 2021 | 263.5M | -485.2M | 204.2M |
| 2022 | 221.3M | -384M | 155.2M |
| 2023 | 585.3M | -283.6M | -262.5M |
ALE Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 40.2M | 47.7M | 65.2M | 92.5M | 79M | 110.1M | 27.5M | 97M | 145.8M | 97.3M |
Operating activities | ||||||||||
Net income | 247.1M | 131.3M | 137.8M | 161.6M | 185.5M | 174.1M | 172.2M | 155.8M | 141.5M | 125.5M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 251.8M | 250.3M | 241.5M | 228.1M | 213.6M | 210.5M | 182.1M | 200.9M | 171.5M | 136.4M |
Stock-based compensation expense | 7.3M | 4.9M | 5.9M | 6.1M | 6.3M | 6.8M | 6.6M | 5.1M | 11.6M | 11.4M |
| Deferred income tax benefit | 7.3M | 4.9M | 5.9M | 6.1M | 6.3M | 6.8M | 6.6M | 5.1M | 11.6M | 11.4M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 1.8M | -14M | -13M | -18.2M | 22.6M | -10.7M | -8M | -4.7M | 1.1M | -3.5M |
Inventories | 277.1M | -256.1M | -23.5M | -1.4M | -4.1M | 55.5M | 11.9M | 13.3M | -22.1M | -17.5M |
Accounts payable | -4M | -1.3M | 15M | 11.8M | -8.8M | 13.6M | -7.5M | 6.5M | -19.3M | 10.9M |
Cash generated by operating activities | 585.3M | 221.3M | 263.5M | 299.8M | 249.5M | 433.1M | 402.9M | 332M | 340.1M | 269.8M |
Investing activities | ||||||||||
Purchases Of Investments | -9.4M | -2.4M | -3.6M | -8.7M | -12.2M | -13.3M | -16.4M | -14.8M | -3.9M | -8.9M |
Investments In Property Plant And Equipment | -271.2M | -220.5M | -473.3M | -717.8M | -597.1M | -312.4M | -208.5M | -265.6M | -286.8M | -598.5M |
Acquisitions Net | -8.2M | -160.9M | -17.6M | -99.1M | 239M | -39.2M | -18.5M | -5.9M | -333.3M | -60.3M |
Cash generated by investing activities | -283.6M | -384M | -485.2M | -812.8M | -345.3M | -349M | -229M | -276.2M | -618.8M | -625.7M |
Financing activities | ||||||||||
Common Stock Issued | 14.9M | 248M | 69.9M | 18.1M | 1.9M | 20.3M | 86M | 30.9M | 161.2M | 0 |
Payments for dividends | -155.5M | -145.9M | -131.9M | -128.2M | -121.4M | -115M | -108.7M | -102.7M | -97.9M | -83.8M |
Repurchases of common stock | 0 | 0 | 733M | 672.4M | 0 | 75.6M | 0 | 3.2M | 0 | 0 |
Repayments of term debt | -129.7M | -91.6M | -552.9M | -488.6M | 129.7M | -95.5M | -58.1M | -54.8M | 162.2M | 240.5M |
Cash used in financing activities | -262.5M | 155.2M | 204.2M | 485.7M | 109.3M | -115.2M | -102.5M | -125.3M | 229.9M | 404.4M |
Net Change In Cash | 39.2M | -7.5M | -17.5M | -27.3M | 13.5M | -31.1M | 71.4M | -69.5M | -48.8M | 48.5M |
Cash at end of period | 79.4M | 40.2M | 47.7M | 65.2M | 92.5M | 79M | 98.9M | 27.5M | 97M | 145.8M |
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