Africa Oil Corp.
Cash Flow
Last updated:
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 Africa Oil Corp. generated cash of -$53,300,000, which is less than the previous year. Cash used in financing activities reached the amount of -$29,100,000 last year. Net change in cash is therefore $32,300,000.
Cash Flow
| 2014 | -9.86M | -326.85M | 4.95M |
|---|---|---|---|
| 2015 | -11.02M | -318.92M | 273.39M |
| 2016 | -4.42M | 361.58M | 1.77M |
| 2017 | -864K | -69.63M | -249K |
| 2018 | -1.94M | -19.35M | -568K |
| 2019 | -4.48M | -35.12M | -1.22M |
| 2020 | -5.34M | -394.27M | 110.64M |
| 2021 | -10.20M | 187.70M | -159.11M |
| 2022 | -16.3M | 220.2M | -63.2M |
| 2023 | -53.3M | 114.7M | -29.1M |
AOI.TO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 199.7M | 58.9M | 40.47M | 329.46M | 370.33M | 392.29M | 463.06M | 104.20M | 161.16M | 493.20M |
Operating activities | ||||||||||
Net income | 87.1M | -60.3M | 190.72M | -17.61M | -156.76M | -66.71M | -4.53M | -17.76M | -87.43M | -155.71M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 62.2K | 170.6K | 0 | 1.29M | 546K | 84K | 104K | 34K | 20K | 67K |
Stock-based compensation expense | 11.3M | 9.5M | 6.3M | 2.96M | 2.23M | 0 | 1.99M | 3.32M | 8.10M | 17.95M |
| Deferred income tax benefit | 11.3M | 9.5M | 6.3M | 2.96M | 2.23M | 0 | 1.99M | 3.32M | 8.10M | 17.95M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -53.3M | -16.3M | -10.20M | -5.34M | -4.48M | -1.94M | -864K | -4.42M | -11.02M | -9.86M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | -4.58M | -87K | -107K | -15K | -12K | -199K | -2K | -14K |
Acquisitions Net | -44.4M | -24.8M | -1.98M | -568.36M | -11.29M | -47.83M | -11.24M | -2.38M | -2.11M | 0 |
Cash generated by investing activities | 114.7M | 220.2M | 187.70M | -394.27M | -35.12M | -19.35M | -69.63M | 361.58M | -318.92M | -326.85M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 5K | 304K | 0 | 273.91M | 4.95M |
Payments for dividends | -23.1M | -23.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -6M | -39.9M | -427K | -330K | -676K | -573K | -553K | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -239.53M | -110.19M | -546K | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -29.1M | -63.2M | -159.11M | 110.64M | -1.22M | -568K | -249K | 1.77M | 273.39M | 4.95M |
Net Change In Cash | 32.3M | 140.8M | 18.41M | -288.99M | -40.87M | -21.95M | -70.77M | 358.85M | -56.95M | -332.04M |
Cash at end of period | 232M | 199.7M | 58.88M | 40.47M | 329.46M | 370.33M | 392.29M | 463.06M | 104.20M | 161.16M |
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