Brown Capital Management Small Company Fund Institutional Shares
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 Brown Capital Management Small Company Fund Institutional Shares generated cash of $1,009,500,000, which is more than the previous year. Cash used in financing activities reached the amount of -$186,700,000 last year. Net change in cash is therefore $269,700,000.
Cash Flow
| 2014 | 385.01M | -707.31M | 589.39M |
|---|---|---|---|
| 2015 | 381.83M | -144.63M | -293.83M |
| 2016 | 411.04M | -142.41M | -160.52M |
| 2017 | 441.97M | -62.59M | -336.58M |
| 2018 | 567.52M | -951.77M | 337.75M |
| 2019 | 678.18M | -413.58M | -79.21M |
| 2020 | 713M | -759.1M | 355M |
| 2021 | 808.8M | -396.8M | -210.1M |
| 2022 | 881.4M | -1.91B | 1.72B |
| 2023 | 1.00B | -587M | -186.7M |
BCSSX Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.03B | 1.47B | 1.27B | 962.97M | 777.59M | 824.08M | 781.28M | 673.17M | 470.04M | 202.95M |
Operating activities | ||||||||||
Net income | 870.5M | 671.8M | 587.1M | 480.5M | 398.51M | 344.25M | 399.63M | 257.49M | 243.31M | 206.89M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 206M | 185.8M | 152.9M | 134.8M | 128.71M | 109.37M | 108.14M | 107.66M | 108.31M | 103.83M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 30.63M | 16.05M | 15.51M | 19.36M |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 30.63M | 16.05M | 15.51M | 19.36M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 599.5M | -828.8M | -81.5M | 13M | -79.88M | 318.79M | -443.04M | -109.66M | -26.10M | 1.05M |
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 | 1.00B | 881.4M | 808.8M | 713M | 678.18M | 567.52M | 441.97M | 411.04M | 381.83M | 385.01M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -68.9M | -52.6M | -45M | -70.7M | -73.10M | -41.52M | -24.19M | -17.76M | -18.37M | -24.92M |
Acquisitions Net | -630.7M | -1.92B | -366.8M | -694.8M | -353.04M | -923.87M | -41.47M | -122.62M | -136M | -696.48M |
Cash generated by investing activities | -587M | -1.91B | -396.8M | -759.1M | -413.58M | -951.77M | -62.59M | -142.41M | -144.63M | -707.31M |
Financing activities | ||||||||||
Common Stock Issued | 610.5M | 534.2M | 205.5M | 501.4M | 469.60M | 482.15M | 244.20M | 100.52M | 223.48M | 408.27M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | -77.71M | -70.26M | -64.10M | -59.33M |
Repurchases of common stock | -39.9M | -122.9M | -132.4M | -96.4M | -69.60M | -112.15M | -147.45M | -27.40M | -177.85M | -78.27M |
Repayments of term debt | 0 | 0 | -73.1M | -545M | 0 | -530M | 0 | -73.12M | 0 | -718.42M |
Cash used in financing activities | -186.7M | 1.72B | -210.1M | 355M | -79.21M | 337.75M | -336.58M | -160.52M | -293.83M | 589.39M |
Net Change In Cash | 269.7M | 563M | 198.3M | 308.92M | 185.37M | -46.49M | 42.80M | 108.11M | 203.12M | 267.09M |
Cash at end of period | 2.30B | 2.03B | 1.47B | 1.27B | 962.97M | 777.59M | 824.08M | 781.28M | 673.17M | 470.04M |