The GDL Fund
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 The GDL Fund generated cash of $19,071,086, which is more than the previous year. Cash used in financing activities reached the amount of -$20,380,817 last year. Net change in cash is therefore -$1,309,731.
Cash Flow
| 2017 | 8.39M | 0 | -17.01M |
|---|---|---|---|
| 2018 | 32.58M | 0 | -15.37M |
| 2019 | -24.59M | 0 | -15.98M |
| 2020 | 108.67M | 0 | -117.03M |
| 2021 | 7.25M | 0 | -9.02M |
| 2022 | -20.32M | 0 | 21.39M |
| 2023 | 19.07M | 0 | -20.38M |
GDL-PC Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.41M | 344.94K | 7.44M | 15.80M | 56.38M | -1.10M | 7.51M |
Operating activities | |||||||
Net income | 6.28M | -2.78M | 3.24M | -3.05M | 7.24M | -5.39M | 4.10M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -20.22K | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 19.07M | -20.32M | 7.25M | 108.67M | -24.59M | 32.58M | 8.39M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Financing activities | |||||||
Common Stock Issued | 0 | 132.77K | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -5.89M | -6.44M | -6.66M | -6.75M | -6.41M | 0 | -10.38M |
Repurchases of common stock | -14.33M | -7.30M | -2.36M | -110.17M | -9.57M | -8.38M | -6.39M |
Repayments of term debt | 0 | 14.88K | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -20.38M | 21.39M | -9.02M | -117.03M | -15.98M | -15.37M | -17.01M |
Net Change In Cash | -1.30M | 1.06M | -1.76M | -8.36M | -40.57M | 17.20M | -8.62M |
Cash at end of period | 103.61K | 1.41M | 5.67M | 7.44M | 15.80M | 16.10M | -1.10M |