KKR Real Estate Finance Trust
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 KKR Real Estate Finance Trust generated cash of $155,715,000, which is more than the previous year. Cash used in financing activities reached the amount of -$271,510,000 last year. Net change in cash is therefore -$102,308,000.
Cash Flow
| 2014 | 32K | -66.74M | 66.95M |
|---|---|---|---|
| 2015 | 11.54M | -364.30M | 379.49M |
| 2016 | 25.40M | -456.44M | 500.60M |
| 2017 | 53.80M | -1.08B | 1.03B |
| 2018 | 76.83M | -1.99B | 1.90B |
| 2019 | 91.71M | -926.31M | 815.68M |
| 2020 | 115.06M | 88.70M | -160.55M |
| 2021 | 124.79M | -1.54B | 1.57B |
| 2022 | 141.12M | -1.17B | 1.01B |
| 2023 | 155.71M | 13.48M | -271.51M |
KREF Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 250.62M | 273.77M | 110.83M | 67.61M | 86.53M | 103.52M | 96.34M | 26.78M | 61K | 0 |
Operating activities | ||||||||||
Net income | -31.65M | 37.59M | 137.18M | 54.39M | 89.96M | 89.80M | 60.07M | 32.27M | 17.17M | -2.08M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 26.18M | 23.85M | 15.73M | 22.32M | 16.76M | 8.59M | 3.14M | 0 | 0 | 0 |
Stock-based compensation expense | 8.07M | 7.83M | 7.42M | 5.67M | 4.09M | 1.97M | 65K | 0 | 0 | 0 |
| Deferred income tax benefit | 8.07M | 7.83M | 7.42M | 5.67M | 4.09M | 1.97M | 65K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -23.76M | 171K | 893K | 61K | -6.91M | -5.45M | -1.64M | -1.05M | -448K |
Inventories | 0 | 0 | 0 | 0 | 0 | 6.91M | 5.19B | 0 | 0 | 0 |
Accounts payable | -773K | 10.33M | 1.86M | 1.61M | -647K | 1.76M | -6.28M | -6.87M | 3.07M | 0 |
Cash generated by operating activities | 155.71M | 141.12M | 124.79M | 115.06M | 91.71M | 76.83M | 53.80M | 25.40M | 11.54M | 32K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -94.00M | -15.61M | -1.20B | -10.24M | -23.88M | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -455K | -274K | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 13.48M | -1.17B | -1.54B | 88.70M | -926.31M | -1.99B | -1.08B | -456.44M | -364.30M | -66.74M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 194.22M | 287.13M | -157K | -1.25M | 109.5M | 581.25M | 210.00M | 256.82M | 0 |
Payments for dividends | -140.15M | -136.90M | -103.94M | -97.08M | -99.54M | -89.23M | -50.71M | -21.92M | -7.56M | 0 |
Repurchases of common stock | -1.97M | -35.78M | -5.58M | -26.35M | -4.10M | -31.34M | -648K | 520.40M | 0 | 0 |
Repayments of term debt | -123.88M | 876.80M | -1.42B | -24.89M | 933.04M | -1.31B | 523.76M | -198.72M | 123.9M | 0 |
Cash used in financing activities | -271.51M | 1.01B | 1.57B | -160.55M | 815.68M | 1.90B | 1.03B | 500.60M | 379.49M | 66.95M |
Net Change In Cash | -102.30M | -23.14M | 162.93M | 43.21M | -18.91M | -16.98M | 7.17M | 69.56M | 26.72M | 243.99K |
Cash at end of period | 148.31M | 250.62M | 273.77M | 110.83M | 67.61M | 86.53M | 103.52M | 96.34M | 26.78M | 243.99K |
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