Salem Media Group Inc
NASDAQ:SALM
Cash Flow Statement
Cash Flow Statement
Salem Media Group Inc
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(6)
|
(3)
|
16
|
12
|
11
|
5
|
5
|
8
|
6
|
11
|
11
|
11
|
11
|
9
|
10
|
7
|
5
|
25
|
24
|
21
|
22
|
(3)
|
(4)
|
(5)
|
(26)
|
(28)
|
(83)
|
(82)
|
(62)
|
(54)
|
1
|
6
|
28
|
42
|
43
|
50
|
16
|
(3)
|
(10)
|
(26)
|
(46)
|
|
Depreciation & Amortization |
15
|
15
|
16
|
17
|
18
|
19
|
19
|
18
|
18
|
18
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
18
|
18
|
18
|
18
|
17
|
17
|
16
|
15
|
15
|
15
|
14
|
14
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
13
|
|
Change in Deffered Taxes |
(4)
|
(5)
|
4
|
0
|
4
|
4
|
4
|
6
|
5
|
6
|
6
|
6
|
9
|
4
|
5
|
3
|
(0)
|
(21)
|
(21)
|
(23)
|
(23)
|
2
|
(3)
|
2
|
3
|
4
|
42
|
35
|
34
|
30
|
(3)
|
(1)
|
(0)
|
(2)
|
(2)
|
(3)
|
(4)
|
(0)
|
(3)
|
(2)
|
(11)
|
|
Other Non-Cash Items |
34
|
32
|
5
|
11
|
9
|
10
|
10
|
7
|
8
|
3
|
2
|
2
|
(1)
|
8
|
7
|
10
|
12
|
11
|
10
|
13
|
12
|
11
|
17
|
14
|
37
|
40
|
55
|
56
|
38
|
34
|
14
|
12
|
(12)
|
(24)
|
(26)
|
(28)
|
1
|
15
|
18
|
24
|
51
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
1
|
2
|
2
|
2
|
1
|
0
|
|
Cash Interest Paid |
24
|
17
|
14
|
17
|
14
|
15
|
15
|
12
|
14
|
14
|
14
|
14
|
14
|
14
|
14
|
12
|
8
|
14
|
11
|
18
|
18
|
17
|
17
|
17
|
17
|
17
|
16
|
16
|
16
|
15
|
15
|
15
|
17
|
15
|
15
|
14
|
11
|
12
|
13
|
12
|
12
|
|
Change in Working Capital |
(9)
|
(12)
|
(4)
|
(3)
|
(7)
|
3
|
0
|
(2)
|
3
|
(2)
|
3
|
4
|
1
|
1
|
(2)
|
(2)
|
3
|
(5)
|
1
|
(8)
|
(8)
|
(5)
|
(9)
|
(8)
|
(13)
|
(14)
|
(13)
|
5
|
2
|
(1)
|
(2)
|
(16)
|
(14)
|
(6)
|
(10)
|
(12)
|
(8)
|
(16)
|
(15)
|
(12)
|
(12)
|
|
Cash from Operating Activities |
30
N/A
|
29
-5%
|
37
+29%
|
38
+2%
|
35
-8%
|
42
+21%
|
39
-8%
|
37
-5%
|
40
+8%
|
36
-10%
|
40
+11%
|
40
0%
|
37
-7%
|
39
+4%
|
37
-5%
|
36
-3%
|
38
+5%
|
27
-27%
|
31
+14%
|
21
-33%
|
22
+7%
|
23
+3%
|
19
-17%
|
21
+8%
|
17
-17%
|
17
-1%
|
16
-7%
|
28
+79%
|
26
-9%
|
23
-11%
|
24
+6%
|
14
-42%
|
14
+3%
|
22
+56%
|
18
-22%
|
20
+14%
|
18
-12%
|
8
-56%
|
3
-63%
|
(4)
N/A
|
(4)
-7%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(10)
|
(11)
|
(11)
|
(12)
|
(11)
|
(10)
|
(10)
|
(9)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(8)
|
(11)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(12)
|
|
Other Items |
(10)
|
(7)
|
(7)
|
(13)
|
(13)
|
(12)
|
(8)
|
(8)
|
(14)
|
(17)
|
(19)
|
(12)
|
(8)
|
(5)
|
(3)
|
(4)
|
(4)
|
(2)
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
(2)
|
4
|
19
|
17
|
19
|
18
|
2
|
6
|
1
|
10
|
23
|
18
|
36
|
27
|
13
|
8
|
(5)
|
(4)
|
|
Cash from Investing Activities |
(20)
N/A
|
(18)
+12%
|
(19)
-5%
|
(25)
-32%
|
(23)
+5%
|
(22)
+7%
|
(17)
+20%
|
(17)
+2%
|
(25)
-48%
|
(29)
-15%
|
(30)
-4%
|
(24)
+21%
|
(19)
+21%
|
(15)
+18%
|
(13)
+16%
|
(13)
-3%
|
(13)
+3%
|
(10)
+20%
|
(10)
+7%
|
(8)
+17%
|
(10)
-23%
|
(11)
-9%
|
(10)
+9%
|
(11)
-16%
|
(5)
+53%
|
11
N/A
|
10
-6%
|
14
+34%
|
13
-6%
|
(3)
N/A
|
0
N/A
|
(6)
N/A
|
2
N/A
|
12
+567%
|
5
-53%
|
23
+326%
|
13
-43%
|
(1)
N/A
|
(6)
-513%
|
(18)
-224%
|
(16)
+13%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
1
|
1
|
2
|
2
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
(102)
|
(1)
|
(13)
|
(6)
|
(7)
|
(14)
|
(17)
|
(11)
|
(7)
|
(1)
|
1
|
(6)
|
(10)
|
(14)
|
(16)
|
(8)
|
(9)
|
0
|
(4)
|
(8)
|
(6)
|
(5)
|
(6)
|
(2)
|
(4)
|
(24)
|
(16)
|
(18)
|
(16)
|
(11)
|
(3)
|
(8)
|
(10)
|
(38)
|
(44)
|
(44)
|
(39)
|
9
|
63
|
67
|
65
|
|
Cash Paid for Dividends |
(3)
|
(5)
|
(5)
|
(6)
|
(7)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(3)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
95
|
(6)
|
(2)
|
(3)
|
0
|
(2)
|
1
|
(3)
|
(2)
|
(0)
|
(6)
|
(4)
|
(3)
|
(4)
|
(0)
|
(9)
|
(10)
|
(11)
|
(11)
|
2
|
0
|
(0)
|
3
|
(1)
|
(1)
|
2
|
(4)
|
(2)
|
(2)
|
(2)
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(17)
|
(15)
|
(18)
|
(60)
|
(48)
|
(47)
|
|
Cash from Financing Activities |
(9)
N/A
|
(11)
-30%
|
(18)
-63%
|
(13)
+29%
|
(12)
+4%
|
(20)
-62%
|
(21)
-6%
|
(20)
+7%
|
(15)
+25%
|
(7)
+54%
|
(10)
-44%
|
(16)
-62%
|
(18)
-14%
|
(23)
-27%
|
(24)
-2%
|
(22)
+6%
|
(25)
-10%
|
(17)
+31%
|
(22)
-27%
|
(13)
+41%
|
(13)
+3%
|
(12)
+3%
|
(9)
+23%
|
(9)
0%
|
(12)
-28%
|
(28)
-134%
|
(25)
+12%
|
(23)
+8%
|
(19)
+16%
|
(14)
+30%
|
(3)
+81%
|
(8)
-188%
|
(12)
-54%
|
(39)
-230%
|
(46)
-20%
|
(61)
-30%
|
(54)
+11%
|
(9)
+84%
|
3
N/A
|
19
+607%
|
18
-2%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
1
N/A
|
(0)
N/A
|
0
N/A
|
0
N/A
|
(1)
N/A
|
(0)
+98%
|
(0)
-300%
|
(0)
+63%
|
(0)
-300%
|
0
N/A
|
(0)
N/A
|
(0)
-56%
|
(0)
+36%
|
0
N/A
|
0
-75%
|
(0)
N/A
|
(0)
-250%
|
(0)
-86%
|
(0)
+23%
|
(0)
+80%
|
0
N/A
|
0
+1 100%
|
0
-83%
|
0
-50%
|
(0)
N/A
|
(0)
-450%
|
1
N/A
|
19
+1 436%
|
19
+1%
|
6
-67%
|
22
+250%
|
1
-96%
|
4
+454%
|
(5)
N/A
|
(23)
-415%
|
(17)
+26%
|
(23)
-32%
|
(2)
+92%
|
0
N/A
|
(3)
N/A
|
(1)
+67%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
20
N/A
|
18
-10%
|
26
+43%
|
26
+1%
|
24
-9%
|
32
+33%
|
29
-9%
|
28
-4%
|
29
+4%
|
24
-16%
|
28
+17%
|
28
-2%
|
27
-4%
|
29
+8%
|
27
-7%
|
26
-2%
|
28
+8%
|
19
-34%
|
23
+21%
|
12
-46%
|
14
+14%
|
14
-3%
|
10
-28%
|
11
+15%
|
8
-26%
|
9
+10%
|
9
-6%
|
23
+158%
|
20
-10%
|
18
-11%
|
19
+7%
|
8
-59%
|
6
-21%
|
11
+84%
|
5
-56%
|
7
+38%
|
4
-45%
|
(6)
N/A
|
(10)
-63%
|
(17)
-61%
|
(15)
+8%
|