Gates Industrial Corporation
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 Gates Industrial Corporation generated cash of $481,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$258,300,000 last year. Net change in cash is therefore $142,600,000.
Cash Flow
| 2014 | 81.5M | -3.80B | 3.74B |
|---|---|---|---|
| 2015 | 275.9M | -60.5M | -73.9M |
| 2016 | 371.6M | -60.1M | -110.8M |
| 2017 | 313.5M | -220.6M | -75.3M |
| 2018 | 313.5M | -243.6M | -198.9M |
| 2019 | 348.9M | -78M | -59.3M |
| 2021 | 309M | -77.5M | -353.8M |
| 2022 | 265.8M | -90.7M | -253.1M |
| 2023 | 481M | -81.8M | -258.3M |
GTES Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 581.4M | 660.9M | 636.6M | 424.6M | 566M | 527.2M | 335.7M | 208.4M | 338.1M |
Operating activities | |||||||||
Net income | 256.4M | 242.5M | 90M | 694.1M | 271.1M | 182.7M | 84.3M | 50.9M | -122.9M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 217.5M | 217.2M | 218.6M | 222.2M | 218.5M | 212.2M | 240.8M | 269.9M | 248.5M |
Stock-based compensation expense | 27.4M | 44.3M | 19.8M | 15M | 0 | 5.4M | 4.2M | 4.3M | 11.8M |
| Deferred income tax benefit | 27.4M | 44.3M | 19.8M | 15M | 0 | 5.4M | 4.2M | 4.3M | 11.8M |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | 45.6M | -129.3M | 9.7M | 41.8M | -49.6M | -24.6M | -44.8M | 4.3M | -38.2M |
Inventories | 24.5M | 2.9M | -22.1M | 65.1M | -96.1M | -45.4M | 39.5M | 9.5M | 127M |
Accounts payable | -17.8M | -15.9M | 28.6M | -48.2M | 42.1M | 49.9M | 50.2M | 46.5M | -14.5M |
Cash generated by operating activities | 481M | 265.8M | 309M | 348.9M | 313.5M | 313.5M | 371.6M | 275.9M | 81.5M |
Investing activities | |||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -3.9M | -4.7M | 0 |
Investments In Property Plant And Equipment | -61.2M | -87M | -67.4M | -83.1M | -182.7M | -111.1M | -68.1M | -85.8M | -103.2M |
Acquisitions Net | 0 | 0 | 0 | 0 | -50.9M | -110.7M | -600K | -600K | -3.71B |
Cash generated by investing activities | -81.8M | -90.7M | -77.5M | -78M | -243.6M | -220.6M | -60.1M | -60.5M | -3.80B |
Financing activities | |||||||||
Common Stock Issued | 18.7M | 15.9M | 3.1M | 1.8M | 799.7M | 600K | 1.1M | 12.2M | 1.59B |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -251.7M | -175.9M | 0 | 0 | 0 | -1.6M | -2M | -1.5M | -12.9M |
Repayments of term debt | -20.9M | -55.19M | -331.2M | -25.1M | -960.5M | -32.2M | -67.3M | -51.7M | -1.81B |
Cash used in financing activities | -258.3M | -253.1M | -353.8M | -59.3M | -198.9M | -75.3M | -110.8M | -73.9M | 3.74B |
Net Change In Cash | 142.6M | -79.5M | -112.5M | 212M | -141.4M | 37.2M | 191.5M | 127.3M | 12.1M |
Cash at end of period | 724M | 581.4M | 524.1M | 636.6M | 424.6M | 564.4M | 527.2M | 335.7M | 350.2M |
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