Granite Real Estate Investment Trust
Cash Flow
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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 Granite Real Estate Investment Trust generated cash of $313,181,000, which is more than the previous year. Cash used in financing activities reached the amount of -$203,110,000 last year. Net change in cash is therefore -$18,947,000.
Cash Flow
| 2014 | 92.86M | 20.12M | -90.71M |
|---|---|---|---|
| 2015 | 159.84M | -20.78M | -143.95M |
| 2016 | 159.99M | 11.77M | -39.96M |
| 2017 | 158.67M | -237.84M | -105.23M |
| 2018 | 157.88M | 95.86M | 324.18M |
| 2019 | 183.43M | -876.09M | 343.52M |
| 2020 | 244.32M | -1.06B | 1.35B |
| 2021 | 262.26M | -1.02B | 333.47M |
| 2022 | 277.49M | -766.55M | 214.55M |
| 2023 | 313.18M | -128.12M | -203.11M |
GRP-UN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 135.08M | 402.51M | 831.28M | 298.67M | 658.24M | 69.01M | 246.21M | 119.15M | 116.23M | 95.52M |
Operating activities | ||||||||||
Net income | 138.49M | 155.82M | 1.31B | 429.92M | 382.27M | 465.35M | 357.74M | 280.69M | 195.54M | 63.66M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.27M | 1.59M | 1.32M | 1.15M | 906K | 300K | 335K | 707K | 720K | 621K |
Stock-based compensation expense | 10.21M | -167K | 12.44M | 8.11M | 7.48M | 0 | 4.91M | 3.68M | -89K | 3.69M |
| Deferred income tax benefit | 10.21M | -167K | 12.44M | 8.11M | 7.48M | 0 | 4.91M | 3.68M | -89K | 3.69M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -200K | 1.67M | -4.11M | 10.14M | -3.67M | -1.62M | -1.19M | 2.72M | -1.45M | 136K |
Inventories | 1.72M | 4.20M | 0 | 0 | 639K | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -1.72M | -4.20M | 0 | 0 | -639K | 0 | -4.68M | 0 | 0 | 0 |
Cash generated by operating activities | 313.18M | 277.49M | 262.26M | 244.32M | 183.43M | 157.88M | 158.67M | 159.99M | 159.84M | 92.86M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -764.61M | 0 | 0 | -978.29M | 0 | -237.11M | 0 | -5.99M | 0 |
Investments In Property Plant And Equipment | -285K | -807K | -589K | -65.28M | -30.47M | -33.28M | -83.69M | -19.50M | -26.73M | -44.15M |
Acquisitions Net | 0 | 700.67M | 454K | -7.00M | 892.76M | -33.08M | -153.97M | 0 | 0 | -75.14M |
Cash generated by investing activities | -128.12M | -766.55M | -1.02B | -1.06B | -876.09M | 95.86M | -237.84M | 11.77M | -20.78M | 20.12M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 13.11M | 303.06M | 552.93M | 502.00M | 792.63M | 0 | 1.61M | 0 | 1.78M |
Payments for dividends | -203.91M | -202.28M | -191.08M | -163.06M | -150.60M | 0 | -122.63M | -113.09M | -108.32M | -103.20M |
Repurchases of common stock | -26.99M | -155.52M | 495.14M | -25.01M | -71K | -63.53M | -12.04M | -1K | -3K | 330.23M |
Repayments of term debt | 47.24M | 565.85M | -254.71M | -638K | -598K | -279.76M | 30.95M | -421.18M | -35.50M | -319.96M |
Cash used in financing activities | -203.11M | 214.55M | 333.47M | 1.35B | 343.52M | 324.18M | -105.23M | -39.96M | -143.95M | -90.71M |
Net Change In Cash | -18.94M | -267.43M | -428.76M | 532.60M | -359.56M | 589.22M | -177.19M | 127.06M | 2.92M | 20.71M |
Cash at end of period | 116.13M | 135.08M | 402.51M | 831.28M | 298.67M | 658.24M | 69.01M | 246.21M | 119.15M | 116.23M |
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