FirstService
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 FirstService generated cash of $280,360,000, which is more than the previous year. Cash used in financing activities reached the amount of $413,945,000 last year. Net change in cash is therefore $47,529,000.
Cash Flow
| 2014 | 45.17M | -39.90M | -24.62M |
|---|---|---|---|
| 2015 | 87.09M | -32.27M | -75.13M |
| 2016 | 109.00M | -130.84M | 19.5M |
| 2017 | 115.63M | -75.91M | -26.32M |
| 2018 | 99.46M | -106.19M | 20.44M |
| 2019 | 107.80M | -614.96M | 561.14M |
| 2020 | 291.76M | -142.26M | -75.19M |
| 2021 | 167.26M | -206.32M | 24.43M |
| 2022 | 105.89M | -160.8M | 18.78M |
| 2023 | 280.36M | -646.32M | 413.94M |
FSV.TO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 159.34M | 194.27M | 208.93M | 134.29M | 79.84M | 66.89M | 43.38M | 45.56M | 66.79M | 86.36M |
Operating activities | ||||||||||
Net income | 147.02M | 145.00M | 156.13M | 109.59M | -227.63M | 90.28M | 76.67M | 54.24M | 38.19M | 26.19M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 127.93M | 110.14M | 98.96M | 98.38M | 79.55M | 52.77M | 42.04M | 36.96M | 28.98M | 26.47M |
Stock-based compensation expense | 22.40M | 18.96M | 15.75M | 11.62M | 259.62M | 5.76M | 4.13M | 2.74M | 2.15M | 1.71M |
| Deferred income tax benefit | 22.40M | 18.96M | 15.75M | 11.62M | 259.62M | 5.76M | 4.13M | 2.74M | 2.15M | 1.71M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -93.82M | -69.67M | -86.94M | 8.90M | -17.39M | -37.1M | -15.02M | -21.07M | 2.89M | 3.23M |
Inventories | 22.24M | -71.51M | -15.50M | -44.23M | -7.10M | -5.78M | -821K | -4.54M | -6.10M | 72K |
Accounts payable | -17.06M | 11.54M | -10.36M | 13.71M | 858K | -3.24M | 5.01M | -72K | -1.16M | -252K |
Cash generated by operating activities | 280.36M | 105.89M | 167.26M | 291.76M | 107.80M | 99.46M | 115.63M | 109.00M | 87.09M | 45.17M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -92.73M | -77.60M | -58.20M | -39.41M | -46.62M | -40.59M | -36.25M | -29.12M | -19.69M | -22.43M |
Acquisitions Net | -547.18M | -51.99M | -147.44M | -98.55M | -566.83M | -59.44M | -39.57M | -90.85M | -12.34M | -16.68M |
Cash generated by investing activities | -646.32M | -160.8M | -206.32M | -142.26M | -614.96M | -106.19M | -75.91M | -130.84M | -32.27M | -39.90M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 150.00M | 191.73M | 103.91M | 0 | 101.16M | 0 | 0 |
Payments for dividends | -39.05M | -34.88M | -31.20M | -27.44M | -22.04M | -18.78M | -17.14M | -15.47M | -7.19M | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | -8.99M | -17.08M | -9.51M | -19.46M | 0 |
Repayments of term debt | 446.84M | 80.15M | -68.42M | -179.28M | 429.85M | -41.62M | 17.42M | -51.77M | -38.16M | -13.49M |
Cash used in financing activities | 413.94M | 18.78M | 24.43M | -75.19M | 561.14M | 20.44M | -26.32M | 19.5M | -75.13M | -24.62M |
Net Change In Cash | 47.52M | -34.92M | -14.66M | 74.64M | 54.44M | 12.95M | 13.80M | -2.17M | -21.23M | -19.57M |
Cash at end of period | 206.87M | 159.34M | 194.27M | 208.93M | 134.29M | 79.84M | 57.18M | 43.38M | 45.56M | 66.79M |
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