Formula Systems 1985 Ltd
NASDAQ:FORTY
Cash Flow Statement
Cash Flow Statement
Formula Systems 1985 Ltd
Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | |||||||||||
Net Income |
47
|
107
|
95
|
50
|
56
|
39
|
77
|
94
|
114
|
142
|
|
Depreciation & Amortization |
26
|
24
|
9
|
31
|
32
|
44
|
49
|
87
|
96
|
122
|
|
Change in Deffered Taxes |
(0)
|
1
|
14
|
2
|
0
|
(13)
|
(6)
|
(13)
|
(6)
|
(8)
|
|
Other Non-Cash Items |
3
|
(59)
|
(95)
|
6
|
5
|
18
|
(1)
|
6
|
13
|
21
|
|
Cash Taxes Paid |
18
|
15
|
14
|
23
|
19
|
20
|
23
|
39
|
45
|
38
|
|
Cash Interest Paid |
4
|
2
|
5
|
6
|
7
|
6
|
9
|
16
|
17
|
15
|
|
Change in Working Capital |
(3)
|
(5)
|
(6)
|
(2)
|
(18)
|
(7)
|
(37)
|
22
|
71
|
(69)
|
|
Cash from Operating Activities |
73
N/A
|
69
-6%
|
17
-76%
|
87
+423%
|
75
-14%
|
81
+8%
|
83
+2%
|
196
+137%
|
287
+46%
|
208
-27%
|
|
Investing Cash Flow | |||||||||||
Capital Expenditures |
(13)
|
(17)
|
(5)
|
(17)
|
(19)
|
(19)
|
(21)
|
(37)
|
(29)
|
(31)
|
|
Other Items |
2
|
(47)
|
(15)
|
(15)
|
(61)
|
(88)
|
(70)
|
(72)
|
(148)
|
(79)
|
|
Cash from Investing Activities |
(12)
N/A
|
(63)
-432%
|
(20)
+69%
|
(31)
-59%
|
(80)
-154%
|
(107)
-34%
|
(90)
+16%
|
(108)
-20%
|
(177)
-64%
|
(110)
+38%
|
|
Financing Cash Flow | |||||||||||
Net Issuance of Common Stock |
2
|
3
|
0
|
2
|
1
|
3
|
26
|
(6)
|
93
|
(0)
|
|
Net Issuance of Debt |
29
|
6
|
72
|
7
|
32
|
59
|
56
|
63
|
(21)
|
(27)
|
|
Cash Paid for Dividends |
0
|
(5)
|
(12)
|
(13)
|
(10)
|
(12)
|
(5)
|
(13)
|
(15)
|
(22)
|
|
Other |
(69)
|
(42)
|
(29)
|
24
|
(29)
|
(31)
|
(36)
|
(39)
|
(47)
|
(65)
|
|
Cash from Financing Activities |
(38)
N/A
|
(38)
+0%
|
32
N/A
|
21
-35%
|
(6)
N/A
|
19
N/A
|
41
+115%
|
6
-85%
|
10
+62%
|
(114)
N/A
|
|
Change in Cash | |||||||||||
Effect of Foreign Exchange Rates |
0
|
4
|
(3)
|
(7)
|
(0)
|
13
|
(11)
|
6
|
13
|
(0)
|
|
Net Change in Cash |
23
N/A
|
(29)
N/A
|
25
N/A
|
69
+174%
|
(11)
N/A
|
6
N/A
|
23
+282%
|
100
+344%
|
133
+33%
|
(16)
N/A
|
|
Free Cash Flow | |||||||||||
Free Cash Flow |
60
N/A
|
52
-13%
|
12
-77%
|
70
+489%
|
56
-21%
|
62
+12%
|
62
0%
|
159
+157%
|
258
+62%
|
177
-31%
|