SouthState
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 SouthState generated cash of $546,757,000, which is less than the previous year. Cash used in financing activities reached the amount of $565,996,000 last year. Net change in cash is therefore -$313,686,000.
Cash Flow
| 2014 | 118.64M | -9.49M | -170.74M |
|---|---|---|---|
| 2015 | 186.86M | -103.01M | 194.07M |
| 2016 | 138.01M | -690.91M | 231.56M |
| 2017 | 197.89M | -60.9M | -133.81M |
| 2018 | 283.71M | -282.14M | 29.79M |
| 2019 | 181.02M | -795.05M | 893.74M |
| 2020 | 536.94M | 1.22B | 2.15B |
| 2021 | 537.26M | -2.31B | 4.01B |
| 2022 | 1.73B | -4.86B | -2.27B |
| 2023 | 546.75M | -1.42B | 565.99M |
SSB Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.31B | 6.72B | 4.60B | 688.70M | 408.98M | 377.62M | 374.44M | 695.79M | 417.86M | 479.46M |
Operating activities | ||||||||||
Net income | 494.30M | 496.04M | 475.54M | 120.63M | 186.48M | 178.87M | 87.55M | 101.28M | 99.47M | 75.43M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 58.82M | 64.59M | 63.13M | 46.36M | 33.12M | 35.69M | 28.70M | 21.58M | 21.47M | 21.18M |
Stock-based compensation expense | 35.86M | 35.63M | 25.72M | 23.31M | 8.83M | 8.78M | 6.93M | 6.22M | 5.80M | 3.90M |
| Deferred income tax benefit | 35.86M | 35.63M | 25.72M | 23.31M | 8.83M | 8.78M | 6.93M | 6.22M | 5.80M | 3.90M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -32.82M | 17.08M | -19.36M | -777K | -3.26M | -2.19M | -1.53M | -717K | -3.36M |
Inventories | 0 | 0 | -15.28M | 14.55M | -19.69M | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 2.60M | -3.75M | -3.68M | 197K | 1.93M | -948K | -831K | -2.12M | -2.42M |
Cash generated by operating activities | 546.75M | 1.73B | 537.26M | 536.94M | 181.02M | 283.71M | 197.89M | 138.01M | 186.86M | 118.64M |
Investing activities | ||||||||||
Purchases Of Investments | -307.05M | -2.50B | -3.91B | -2.35B | -979.07M | -209.80M | -245.82M | -386.47M | -436.08M | -175.65M |
Investments In Property Plant And Equipment | 0 | -17.67M | -28.41M | -16.93M | -15.79M | -14.53M | -15.16M | -25.79M | -15.22M | -16.10M |
Acquisitions Net | 0 | 250.11M | -39.92M | 2.56B | -359.52M | -387.98M | 185.16M | -686.88M | 403.54M | -49.36M |
Cash generated by investing activities | -1.42B | -4.86B | -2.31B | 1.22B | -795.05M | -282.14M | -60.9M | -690.91M | -103.01M | -9.49M |
Financing activities | ||||||||||
Common Stock Issued | 2.77M | 2.85M | 2.38M | 1.53M | 1.39M | 1.33M | 1.05M | 925K | 908K | 826K |
Payments for dividends | -156.18M | -146.66M | -135.33M | -98.25M | -57.69M | -50.55M | -38.62M | -29.28M | -23.71M | -20.85M |
Repurchases of common stock | -16.06M | -119.33M | -147.42M | -32.43M | -159.43M | -70.57M | -5.51M | -5.98M | -5.63M | -65.91M |
Repayments of term debt | 100M | -13M | -100.87M | -1.20B | 549.99M | -540.00M | -290.81M | -14K | -46.39M | -1.18M |
Cash used in financing activities | 565.99M | -2.27B | 4.01B | 2.15B | 893.74M | 29.79M | -133.81M | 231.56M | 194.07M | -170.74M |
Net Change In Cash | -313.68M | -5.40B | 2.23B | 3.92B | 279.72M | 31.35M | 3.17M | -321.34M | 277.92M | -61.59M |
Cash at end of period | 998.87M | 1.31B | 6.84B | 4.60B | 688.70M | 408.98M | 377.62M | 374.44M | 695.79M | 417.86M |
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