Solvay Bank Corp.
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 Solvay Bank Corp. generated cash of $12,479,000, which is more than the previous year. Cash used in financing activities reached the amount of $2,871,000 last year. Net change in cash is therefore $31,958,000.
Cash Flow
| 2019 | 9.13M | -24.35M | 10.67M |
|---|---|---|---|
| 2020 | 9.49M | -33.38M | 95.34M |
| 2021 | 12.45M | -138.43M | 52.46M |
| 2022 | 10.35M | -52.68M | 46.77M |
| 2023 | 12.47M | 16.60M | 2.87M |
SOBS Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 0 | 10.92M | 0 | 0 | 17.51M |
Operating activities | |||||
Net income | 6.22M | 10.76M | 10.25M | 7.11M | 8.63M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 730K | 695K | 708K | 691K | 681K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 12.47M | 10.35M | 12.45M | 9.49M | 9.13M |
Investing activities | |||||
Purchases Of Investments | -9.45M | -78.74M | -241.76M | -136.05M | -108.81M |
Investments In Property Plant And Equipment | -353K | -108K | -529K | -519K | -1.67M |
Acquisitions Net | 0 | 0 | 3.60M | 0 | 0 |
Cash generated by investing activities | 16.60M | -52.68M | -138.43M | -33.38M | -24.35M |
Financing activities | |||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -4.16M | -3.74M | -3.38M | -3.36M | -3.10M |
Repurchases of common stock | 0 | 0 | 0 | -390K | 0 |
Repayments of term debt | 0 | 46M | -25.3M | -23.15M | 15.25M |
Cash used in financing activities | 2.87M | 46.77M | 52.46M | 95.34M | 10.67M |
Net Change In Cash | 31.95M | 4.44M | -73.51M | 71.46M | -4.54M |
Cash at end of period | 31.95M | 15.37M | -73.51M | 71.46M | 12.97M |