Citizens & Northern
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 Citizens & Northern generated cash of $33,548,000, which is less than the previous year. Cash used in financing activities reached the amount of $24,734,000 last year. Net change in cash is therefore $5,080,000.
Cash Flow
| 2014 | 22.28M | -9.48M | -19.76M |
|---|---|---|---|
| 2015 | 19.68M | 18.40M | -36.40M |
| 2016 | 18.51M | -29.39M | 6.19M |
| 2017 | 19.37M | -30.90M | 19.91M |
| 2018 | 25.89M | -21.64M | -8.42M |
| 2019 | 22.46M | 22.66M | -46.83M |
| 2020 | 24.78M | 96.58M | -56.46M |
| 2021 | 34.84M | -103.89M | 68.88M |
| 2022 | 34.59M | -234.68M | 151.93M |
| 2023 | 33.54M | -53.20M | 24.73M |
CZNC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 47.69M | 95.84M | 96.01M | 31.12M | 32.82M | 37.00M | 28.62M | 33.31M | 31.61M | 38.59M |
Operating activities | ||||||||||
Net income | 24.14M | 26.61M | 30.55M | 19.22M | 19.50M | 22.01M | 13.43M | 15.76M | 16.47M | 17.08M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.55M | 2.38M | 2.13M | 1.98M | 1.74M | 1.75M | 1.63M | 1.60M | 1.91M | 1.97M |
Stock-based compensation expense | 1.47M | 1.26M | 1.21M | 1.05M | 798K | 855K | 628K | 582K | 606K | 565K |
| Deferred income tax benefit | 1.47M | 1.26M | 1.21M | 1.05M | 798K | 855K | 628K | 582K | 606K | 565K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -3.53M | 186K | -2.64M | 1.18M | -413K | -595K | -410K | -1.69M | 1.39M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | -589K | 210K | 2.47M | -2.06M | 1.95M | 1.31M | -216K | 1.19M | -90K |
Cash generated by operating activities | 33.54M | 34.59M | 34.84M | 24.78M | 22.46M | 25.89M | 19.37M | 18.51M | 19.68M | 22.28M |
Investing activities | ||||||||||
Purchases Of Investments | -23.41M | -113.71M | -243.92M | -105.35M | -57.65M | -90.01M | -51.47M | -91.89M | -40.36M | -158.89M |
Investments In Property Plant And Equipment | -32.26M | -3.28M | -1.86M | -3.13M | -2.87M | -1.16M | -1.69M | -1.58M | -1.03M | -801K |
Acquisitions Net | 0 | 0 | 76.11M | 75.95M | -1.77M | -15.91M | -64.97M | -49.82M | -75.44M | 11.96M |
Cash generated by investing activities | -53.20M | -234.68M | -103.89M | 96.58M | 22.66M | -21.64M | -30.90M | -29.39M | 18.40M | -9.48M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 160K | 212K | 131K | 198K | 189K | 127K | 0 | 381K | 0 |
Payments for dividends | -15.56M | -15.86M | -15.97M | -14.46M | -14.04M | -11.74M | -11.14M | -11.11M | -11.24M | -11.39M |
Repurchases of common stock | -6.78M | -9.34M | -7.58M | -163K | -189K | 0 | 0 | -3.72M | -4.41M | -4.00M |
Repayments of term debt | 29.85M | 104.30M | -52.24M | -28.94M | 10.32M | -6.27M | 6.32M | -313K | 11.09M | -278K |
Cash used in financing activities | 24.73M | 151.93M | 68.88M | -56.46M | -46.83M | -8.42M | 19.91M | 6.19M | -36.40M | -19.76M |
Net Change In Cash | 5.08M | -48.15M | -169K | 64.89M | -1.70M | -4.17M | 8.38M | -4.69M | 1.69M | -6.97M |
Cash at end of period | 52.77M | 47.69M | 95.84M | 96.01M | 31.12M | 32.82M | 37.00M | 28.62M | 33.31M | 31.61M |
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