Polaris Renewable Energy
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 Polaris Renewable Energy generated cash of $43,960,000, which is more than the previous year. Cash used in financing activities reached the amount of -$27,713,000 last year. Net change in cash is therefore $4,728,000.
Cash Flow
| 2014 | 13.15M | -2.71M | -17.70M |
|---|---|---|---|
| 2015 | 25.58M | -15.57M | 36.41M |
| 2016 | 25.41M | -27.89M | -13.35M |
| 2017 | 34.56M | -25.09M | -17.99M |
| 2018 | 37.41M | -14.73M | -22.08M |
| 2019 | 44.60M | -42.92M | -6.90M |
| 2020 | 40.31M | -2.85M | -9.99M |
| 2021 | 41.12M | -10.14M | 6.89M |
| 2022 | 33.50M | -65.99M | -30.12M |
| 2023 | 43.96M | -11.37M | -27.71M |
PIF.TO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 35.32M | 97.93M | 60.05M | 32.59M | 37.80M | 37.21M | 45.73M | 61.59M | 15.29M | 22.54M |
Operating activities | ||||||||||
Net income | 11.74M | 2.49M | 501K | 28.84M | 14.49M | 12.13M | 1.66M | -4.26M | -37.49M | -23.87M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 29.16M | 25.59M | 26.38M | 24.74M | 23.45M | 22.91M | 21.75M | 22.21M | 26.08M | 26.18M |
Stock-based compensation expense | 348K | 383K | 643K | 887K | 572K | 0 | 1.23M | 966.43K | 1.46M | 136.35K |
| Deferred income tax benefit | 348K | 383K | 643K | 887K | 572K | 0 | 1.23M | 966.43K | 1.46M | 136.35K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 609K | -219K | 10.06M | -4.08M | -76K | -2.99M | -138.68K | -6.01M | 4.12M | -2.01M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 43.96M | 33.50M | 41.12M | 40.31M | 44.60M | 37.41M | 34.56M | 25.41M | 25.58M | 13.15M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -11.38M | -32.48M | -8.41M | -6.89M | -47.90M | -10.19M | -28.16M | -25.60M | -16.11M | -4.39M |
Acquisitions Net | 0 | -32.70M | 0 | 0 | 0 | 137.29K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -11.37M | -65.99M | -10.14M | -2.85M | -42.92M | -14.73M | -25.09M | -27.89M | -15.57M | -2.71M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 39.35M | 23.45M | 0 | 0 | 0 | 0 | 62.25M | 0 |
Payments for dividends | -12.61M | -12.11M | -11.13M | -9.42M | -9.42M | -9.40M | -8.13M | -4.85M | 0 | 0 |
Repurchases of common stock | -214K | 0 | -18.02M | -23.45M | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -15.35M | -8.54M | -21.32M | -24.02M | 2.34M | -12.67M | -9.85M | -8.49M | -22.86M | -16.67M |
Cash used in financing activities | -27.71M | -30.12M | 6.89M | -9.99M | -6.90M | -22.08M | -17.99M | -13.35M | 36.41M | -17.70M |
Net Change In Cash | 4.72M | -62.60M | 37.87M | 27.46M | -5.21M | 591.43K | -8.52M | -15.85M | 46.30M | -7.25M |
Cash at end of period | 40.05M | 35.32M | 97.93M | 60.05M | 32.59M | 37.80M | 37.21M | 45.73M | 61.59M | 15.29M |
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