Reaves Utility Income Fund
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 Reaves Utility Income Fund generated cash of $4,836,126, which is more than the previous year. Cash used in financing activities reached the amount of -$4,467,429 last year. Net change in cash is therefore $368,697.
Cash Flow
| 2014 | 47.88M | 0 | -47.76M |
|---|---|---|---|
| 2015 | 21.75M | 0 | -21.86M |
| 2016 | -65.05M | 0 | 65.07M |
| 2017 | -328.62M | -140.07M | 329.32M |
| 2018 | -28.71M | 0 | 28.03M |
| 2019 | 99.08M | 86.75M | -99.02M |
| 2020 | 45.50M | 42.98M | -45.60M |
| 2021 | -351.33M | -426.87M | 352.70M |
| 2022 | -111.41M | -60.30M | 110.68M |
| 2023 | 4.83M | 0 | -4.46M |
UTG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 625.82K | 1.36M | 0 | 96.80K | 40.09K | 716.78K | 23.72K | 0 | 116.5K | 0 |
Operating activities | ||||||||||
Net income | -74.37M | -222.01M | 249.82M | -178.85M | 334.05M | 29.05M | 166.96M | 172.54M | -18.27M | 186.86M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.25M | 30.76K | -539.19K | 685.41K | 145.19K | 0 | -47.31K | 0 | 1.12M | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -27.37K | -985.22K | 1.06M | -75.91K | 144.47K | 0 | 502.36K | 0 | 0 | 0 |
Cash generated by operating activities | 4.83M | -111.41M | -351.33M | 45.50M | 99.08M | -28.71M | -328.62M | -65.05M | 21.75M | 47.88M |
Investing activities | ||||||||||
Purchases Of Investments | -877.48M | -1.04B | -886.61M | -732.61M | -461.15M | 0 | -366.55M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | -60.30M | -426.87M | 42.98M | 86.75M | 0 | -140.07M | 0 | 0 | 0 |
Financing activities | ||||||||||
Common Stock Issued | 137.92M | 212.38M | 372.71M | 159.07M | 0 | 0 | 428.01M | 0 | 0 | 0 |
Payments for dividends | -162.38M | -151.70M | -124.93M | -104.75M | -99.02M | -96.85M | -98.69M | -61.79M | -51.86M | -47.51M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 20M | 50M | -74.04K | -100M | 0 | 0 | 0 | 0 | 30M | -252.47K |
Cash used in financing activities | -4.46M | 110.68M | 352.70M | -45.60M | -99.02M | 28.03M | 329.32M | 65.07M | -21.86M | -47.76M |
Net Change In Cash | 368.69K | -736.53K | 1.36M | -96.80K | 56.70K | -676.68K | 693.06K | 23.72K | -116.5K | 116.5K |
Cash at end of period | 994.51K | 625.82K | 1.36M | 0 | 96.80K | 40.09K | 716.78K | 23.72K | 0 | 116.5K |