EPAM Systems
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 EPAM Systems generated cash of $562,634,000, which is more than the previous year. Cash used in financing activities reached the amount of -$165,773,000 last year. Net change in cash is therefore $359,472,000.
Cash Flow
| 2014 | 104.87M | -52.92M | 10.34M |
|---|---|---|---|
| 2015 | 76.39M | -125.49M | 33.76M |
| 2016 | 164.81M | -9.32M | 10.46M |
| 2017 | 195.36M | -36.17M | 49.74M |
| 2018 | 292.21M | -112.12M | 23.00M |
| 2019 | 287.45M | -145.36M | 20.36M |
| 2020 | 544.40M | -167.15M | -765K |
| 2021 | 572.32M | -368.92M | -59.55M |
| 2022 | 464.10M | -182.92M | -2.02M |
| 2023 | 562.63M | -66.76M | -165.77M |
EPAM Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.68B | 1.44B | 1.32B | 937.68M | 771.71M | 582.85M | 362.02M | 199.44M | 220.53M | 169.20M |
Operating activities | ||||||||||
Net income | 417.08M | 419.41M | 481.65M | 327.16M | 261.05M | 240.25M | 72.76M | 99.26M | 84.45M | 69.64M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 132.70M | 140.04M | 145.15M | 129.24M | 101.17M | 36.64M | 28.56M | 23.38M | 17.39M | 17.48M |
Stock-based compensation expense | 147.73M | 99.90M | 111.65M | 75.23M | 72.03M | 59.18M | 52.40M | 49.24M | 45.83M | 24.62M |
| Deferred income tax benefit | 147.73M | 99.90M | 111.65M | 75.23M | 72.03M | 59.18M | 52.40M | 49.24M | 45.83M | 24.62M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 32.35M | -192.71M | -211.68M | 4.23M | -87.17M | -31.00M | -58.74M | -30.61M | -47.69M | -30.41M |
Inventories | 0 | 0 | 211.68M | -4.23M | 87.17M | -899.46M | -688.50M | -506.74M | -363K | 25.24M |
Accounts payable | 154K | -2.93M | -2.40M | 2.42M | -1.68M | -772K | 1.22M | 741K | -2.78M | -2.60M |
Cash generated by operating activities | 562.63M | 464.10M | 572.32M | 544.40M | 287.45M | 292.21M | 195.36M | 164.81M | 76.39M | 104.87M |
Investing activities | ||||||||||
Purchases Of Investments | -14.46M | -61.62M | -2.54M | -140.5M | 0 | 0 | 0 | 0 | -165K | 0 |
Investments In Property Plant And Equipment | -28.41M | -81.62M | -111.50M | -68.79M | -99.30M | -37.57M | -29.80M | -29.31M | -17.96M | -15.84M |
Acquisitions Net | -24.81M | -10.64M | -314.95M | -18.88M | -39.32M | -74.26M | -6.84M | -5.5M | -76.90M | -37.09M |
Cash generated by investing activities | -66.76M | -182.92M | -368.92M | -167.15M | -145.36M | -112.12M | -36.17M | -9.32M | -125.49M | -52.92M |
Financing activities | ||||||||||
Common Stock Issued | 51.63M | 50.66M | 26.28M | 26.41M | 37.00M | 34.84M | 53.98M | 17.99M | 20.67M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -164.92M | -26.55M | -41.59M | -20.13M | -15.50M | -7.74M | -3.19M | -539K | 0 | 0 |
Repayments of term debt | -2.14M | -13.77M | -31.05M | -18K | -9K | -3.49M | -103K | -30.12M | 35M | 0 |
Cash used in financing activities | -165.77M | -2.02M | -59.55M | -765K | 20.36M | 23.00M | 49.74M | 10.46M | 33.76M | 10.34M |
Net Change In Cash | 359.47M | 234.28M | 125.81M | 385.84M | 165.97M | 188.85M | 220.56M | 162.57M | -21.08M | 51.32M |
Cash at end of period | 2.04B | 1.68B | 1.44B | 1.32B | 937.68M | 771.71M | 582.58M | 362.02M | 199.44M | 220.53M |
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