Heritage Southeast Bancorporation
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 Heritage Southeast Bancorporation generated cash of $20,602,000, which is more than the previous year. Cash used in financing activities reached the amount of $75,183,000 last year. Net change in cash is therefore $72,577,000.
Cash Flow
| 2016 | 3.05M | -33.98M | 26.47M |
|---|---|---|---|
| 2017 | 6.63M | -25.20M | 44.93M |
| 2018 | 6.00M | -61.35M | 32.68M |
| 2019 | 3.53M | 38.53M | 104.10M |
| 2020 | 17.72M | -201.14M | 229.03M |
| 2021 | 20.60M | -23.20M | 75.18M |
HSBI Cash Flow Statement (2016 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 218.62M | 173.01M | 26.83M | 49.49M | 23.13M | 27.59M |
Operating activities | ||||||
Net income | 13.81M | 4.44M | 876K | 4.41M | 941.43K | 6.89M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 4.95M | 6.90M | 916K | 632.33K | 638.85K | 487.48K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 0 | -315K | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 20.60M | 17.72M | 3.53M | 6.00M | 6.63M | 3.05M |
Investing activities | ||||||
Purchases Of Investments | -89.91M | -167.69M | -95.15M | -24.79M | -5.61M | -13.52M |
Investments In Property Plant And Equipment | -1.46M | -5.03M | -2.53M | -9.36M | -1.63M | -1.64M |
Acquisitions Net | 0 | 0 | 96.51M | 0 | 0 | 6.81K |
Cash generated by investing activities | -23.20M | -201.14M | 38.53M | -61.35M | -25.20M | -33.98M |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 14.69M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -20M | -15.54M | 0 | -10.52M | 0 | 0 |
Cash used in financing activities | 75.18M | 229.03M | 104.10M | 32.68M | 44.93M | 26.47M |
Net Change In Cash | 72.57M | 45.61M | 146.17M | -22.66M | 26.36M | -4.45M |
Cash at end of period | 291.20M | 218.62M | 173.01M | 26.83M | 49.49M | 23.13M |