Lakeland Financial
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 Lakeland Financial generated cash of $113,981,000, which is less than the previous year. Cash used in financing activities reached the amount of -$37,507,000 last year. Net change in cash is therefore $21,542,000.
Cash Flow
| 2014 | 55.7M | -239.79M | 211.62M |
|---|---|---|---|
| 2015 | 55.78M | -339.10M | 273.36M |
| 2016 | 62.19M | -442.44M | 466.85M |
| 2017 | 77.24M | -396.05M | 327.70M |
| 2018 | 104.97M | -166.44M | 102.20M |
| 2019 | 100.03M | -168.69M | -48.88M |
| 2020 | 87.22M | -712.02M | 775.34M |
| 2021 | 113.76M | -331.54M | 651.09M |
| 2022 | 169.34M | -626.52M | -95.77M |
| 2023 | 113.98M | -54.93M | -37.50M |
LKFN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 130.28M | 683.24M | 249.92M | 99.38M | 216.92M | 176.18M | 167.28M | 80.67M | 90.63M | 63.10M |
Operating activities | ||||||||||
Net income | 93.76M | 103.81M | 95.73M | 84.33M | 87.04M | 80.41M | 57.33M | 52.08M | 46.36M | 43.80M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 6.17M | 6.77M | 8.38M | 6.81M | 6.45M | 6.15M | 5.71M | 4.82M | 4.31M | 3.93M |
Stock-based compensation expense | 3.65M | 7.81M | 7.15M | 1.79M | 4.18M | 5.60M | 5.69M | 4.21M | 2.53M | 2.80M |
| Deferred income tax benefit | 3.65M | 7.81M | 7.15M | 1.79M | 4.18M | 5.60M | 5.69M | 4.21M | 2.53M | 2.80M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -10.71M | -1.85M | -6.31M | -4.73M | -3.30M | 787K | -1.38M | -398K | -1.36M |
Inventories | 0 | -40.75M | 371K | 7.76M | -6.53M | -4.04B | -3.99B | -3.54B | -3.16B | -2.81B |
Accounts payable | 0 | 40.75M | -371K | -7.76M | 6.53M | 8.48M | 2.58M | 3.75M | 2.46M | 2.7M |
Cash generated by operating activities | 113.98M | 169.34M | 113.76M | 87.22M | 100.03M | 104.97M | 77.24M | 62.19M | 55.78M | 55.7M |
Investing activities | ||||||||||
Purchases Of Investments | -7.17M | -315.27M | -835.00M | -216.47M | -129.45M | -126.55M | -139.25M | -116.19M | -91.81M | -73.36M |
Investments In Property Plant And Equipment | -5.99M | -4.82M | -6.16M | -5.71M | -7.99M | -7.96M | -9.58M | -9.82M | -9.16M | -6.56M |
Acquisitions Net | 0 | 6K | 356.66M | -586.71M | -152.10M | -101.20M | -347.20M | -391.11M | -321.41M | -230.62M |
Cash generated by investing activities | -54.93M | -626.52M | -331.54M | -712.02M | -168.69M | -166.44M | -396.05M | -442.44M | -339.10M | -239.79M |
Financing activities | ||||||||||
Common Stock Issued | 405K | 221K | 115K | 119K | 118K | 115K | 0 | 614K | 12K | 57K |
Payments for dividends | -47.10M | -40.85M | -34.65M | -30.57M | -29.65M | -25.29M | -21.40M | -18.21M | -15.71M | -13.56M |
Repurchases of common stock | -575K | -579K | -559K | -10.54M | -515K | -463K | -495K | -458K | -455K | -444K |
Repayments of term debt | -247M | 222M | -10.5M | -170M | -106.48M | -80.03M | -79.39M | -2K | -20.78M | -2K |
Cash used in financing activities | -37.50M | -95.77M | 651.09M | 775.34M | -48.88M | 102.20M | 327.70M | 466.85M | 273.36M | 211.62M |
Net Change In Cash | 21.54M | -552.95M | 433.31M | 150.54M | -117.54M | 40.74M | 8.9M | 86.60M | -9.96M | 27.53M |
Cash at end of period | 151.82M | 130.28M | 683.24M | 249.92M | 99.38M | 216.92M | 176.18M | 167.28M | 80.67M | 90.63M |
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