CIB Marine Bancshares
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 CIB Marine Bancshares generated cash of -$904,000, which is less than the previous year. Cash used in financing activities reached the amount of $142,612,000 last year. Net change in cash is therefore -$10,176,000.
Cash Flow
| 2014 | 2.41M | -44.2M | 39.21M |
|---|---|---|---|
| 2015 | -4.21M | -65.91M | 70.98M |
| 2016 | 5.64M | -82.09M | 77.56M |
| 2017 | 4.83M | 16.47M | -17.22M |
| 2018 | 10.77M | -66.57M | 54.46M |
| 2019 | -4.93M | 25.58M | -24.72M |
| 2020 | -10.21M | -2.19M | 33.36M |
| 2021 | 40.67M | -1.92M | -9.49M |
| 2022 | 9.67M | -61.68M | 12.49M |
| 2023 | -904K | -151.88M | 142.61M |
CIBH Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 19.66M | 59.18M | 29.92M | 8.97M | 13.03M | 14.37M | 10.29M | 9.17M | 8.31M | 10.88M |
Operating activities | ||||||||||
Net income | 880K | 3.72M | 6.67M | 8.18M | 2.04M | 3.34M | 26.95M | 4.07M | -605K | 302K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 720K | 790K | 57K | 2.50M | 1.51M | 1.51M | 1.83M | 2.15M | 1.61M | 1.56M |
Stock-based compensation expense | 530K | 434K | 492K | 403K | 500K | 0 | 273K | 59K | 0 | 0 |
| Deferred income tax benefit | 530K | 434K | 492K | 403K | 500K | 0 | 273K | 59K | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.97M | 79K | 3.10M | -4.21M | 574K | 99K | 730K | -562K | 445K | 796K |
Inventories | -2.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 2.92M | -1.22M | -3.68M | 4.32M | 711K | 653K | -1.81M | 521K | 403K | 1.73M |
Cash generated by operating activities | -904K | 9.67M | 40.67M | -10.21M | -4.93M | 10.77M | 4.83M | 5.64M | -4.21M | 2.41M |
Investing activities | ||||||||||
Purchases Of Investments | -44.91M | -48.59M | -23.39M | -13.52M | -21.10M | -31.40M | -18.69M | -26.38M | -22.33M | -17.94M |
Investments In Property Plant And Equipment | 13K | -523K | -224K | -982K | -619K | -755K | -490K | -292K | -426K | -412K |
Acquisitions Net | 13K | 0 | -2.72M | -14.89M | 23.45M | -58.80M | 18.89M | -64.74M | -58.05M | -48.23M |
Cash generated by investing activities | -151.88M | -61.68M | -1.92M | -2.19M | 25.58M | -66.57M | 16.47M | -82.09M | -65.91M | -44.2M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 159K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | -4.81M | -18M | -173K | -5.08M | -6.28M | -5K | 0 | 0 | 0 |
Repayments of term debt | 42.43M | 7.43M | -24.26M | -22.53M | -12.86M | -2.49M | -12.72M | -38.06M | 27.62M | 0 |
Cash used in financing activities | 142.61M | 12.49M | -9.49M | 33.36M | -24.72M | 54.46M | -17.22M | 77.56M | 70.98M | 39.21M |
Net Change In Cash | -10.17M | -39.51M | 29.25M | 20.95M | -4.06M | -1.33M | 4.08M | 1.12M | 856K | -2.57M |
Cash at end of period | 9.49M | 19.66M | 59.18M | 29.92M | 8.97M | 13.03M | 14.37M | 10.29M | 9.17M | 8.31M |