Tecnoglass Inc
NASDAQ:TGLS
Cash Flow Statement
Cash Flow Statement
Tecnoglass Inc
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 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
13
|
20
|
20
|
22
|
10
|
26
|
5
|
1
|
(11)
|
(9)
|
27
|
20
|
23
|
10
|
(8)
|
8
|
6
|
15
|
15
|
14
|
9
|
5
|
17
|
9
|
24
|
(2)
|
7
|
16
|
24
|
51
|
54
|
67
|
68
|
81
|
95
|
121
|
156
|
184
|
203
|
202
|
184
|
|
Depreciation & Amortization |
7
|
9
|
12
|
15
|
9
|
9
|
9
|
9
|
13
|
13
|
14
|
15
|
16
|
17
|
19
|
20
|
21
|
22
|
22
|
23
|
23
|
23
|
23
|
23
|
23
|
22
|
21
|
21
|
21
|
21
|
21
|
21
|
21
|
21
|
21
|
20
|
20
|
19
|
19
|
20
|
22
|
|
Change in Deffered Taxes |
5
|
5
|
5
|
5
|
(0)
|
(1)
|
(2)
|
(2)
|
(0)
|
1
|
1
|
1
|
(0)
|
(2)
|
(7)
|
(4)
|
(6)
|
(2)
|
3
|
(1)
|
(3)
|
(5)
|
(6)
|
(10)
|
(3)
|
(13)
|
(9)
|
(5)
|
7
|
16
|
14
|
15
|
4
|
2
|
3
|
4
|
6
|
7
|
11
|
13
|
8
|
|
Stock-Based Compensation |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Non-Cash Items |
3
|
1
|
6
|
9
|
13
|
(3)
|
18
|
29
|
37
|
35
|
(1)
|
1
|
(1)
|
12
|
25
|
9
|
7
|
4
|
2
|
2
|
2
|
0
|
3
|
17
|
9
|
48
|
33
|
19
|
9
|
(25)
|
(12)
|
(11)
|
15
|
13
|
10
|
16
|
11
|
7
|
(3)
|
(19)
|
(27)
|
|
Cash Taxes Paid |
4
|
4
|
10
|
12
|
3
|
3
|
5
|
7
|
13
|
18
|
20
|
27
|
26
|
25
|
27
|
16
|
18
|
18
|
8
|
9
|
8
|
6
|
11
|
13
|
12
|
13
|
11
|
10
|
11
|
11
|
13
|
12
|
15
|
16
|
13
|
31
|
27
|
51
|
102
|
97
|
107
|
|
Cash Interest Paid |
7
|
9
|
11
|
11
|
8
|
7
|
7
|
8
|
7
|
8
|
8
|
11
|
9
|
13
|
12
|
16
|
16
|
18
|
18
|
10
|
18
|
19
|
19
|
28
|
20
|
20
|
20
|
19
|
19
|
20
|
22
|
15
|
16
|
6
|
6
|
6
|
6
|
8
|
10
|
11
|
12
|
|
Change in Working Capital |
(18)
|
(36)
|
(56)
|
(54)
|
(35)
|
(19)
|
(5)
|
(18)
|
(36)
|
(52)
|
(48)
|
(57)
|
(41)
|
(20)
|
(16)
|
(15)
|
(14)
|
(47)
|
(46)
|
(42)
|
(35)
|
(24)
|
(27)
|
(25)
|
(28)
|
(24)
|
(11)
|
16
|
12
|
37
|
30
|
23
|
8
|
(2)
|
(9)
|
(45)
|
(50)
|
(59)
|
(108)
|
(73)
|
(48)
|
|
Cash from Operating Activities |
11
N/A
|
(1)
N/A
|
(12)
-1 629%
|
(3)
+72%
|
(5)
-41%
|
12
N/A
|
25
+113%
|
20
-23%
|
3
-87%
|
(12)
N/A
|
(7)
+39%
|
(20)
-168%
|
(3)
+84%
|
18
N/A
|
12
-33%
|
18
+53%
|
14
-21%
|
(7)
N/A
|
(4)
+41%
|
(4)
N/A
|
(5)
-14%
|
(0)
+92%
|
10
N/A
|
14
+32%
|
26
+88%
|
32
+24%
|
42
+31%
|
68
+63%
|
72
+6%
|
100
+39%
|
107
+7%
|
114
+6%
|
117
+3%
|
116
-1%
|
120
+4%
|
117
-3%
|
142
+22%
|
158
+11%
|
122
-23%
|
144
+18%
|
139
-4%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(20)
|
(21)
|
(27)
|
(45)
|
(25)
|
(28)
|
(33)
|
(18)
|
(15)
|
(10)
|
(5)
|
(13)
|
(23)
|
(25)
|
(22)
|
(14)
|
(7)
|
(6)
|
(8)
|
(8)
|
(13)
|
(16)
|
(22)
|
(26)
|
(25)
|
(28)
|
(19)
|
(19)
|
(18)
|
(18)
|
(29)
|
(37)
|
(52)
|
(55)
|
(60)
|
(66)
|
(71)
|
(78)
|
(83)
|
(87)
|
(78)
|
|
Other Items |
(1)
|
(1)
|
2
|
2
|
9
|
9
|
5
|
5
|
6
|
(18)
|
(16)
|
6
|
(2)
|
20
|
12
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(33)
|
(34)
|
(34)
|
(34)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
2
|
|
Cash from Investing Activities |
(21)
N/A
|
(22)
-7%
|
(25)
-12%
|
(43)
-72%
|
(16)
+62%
|
(20)
-21%
|
(28)
-42%
|
(14)
+52%
|
(9)
+31%
|
(28)
-197%
|
(21)
+25%
|
(7)
+67%
|
(25)
-258%
|
(5)
+81%
|
(10)
-106%
|
(23)
-135%
|
(15)
+35%
|
(13)
+15%
|
(14)
-8%
|
(13)
+4%
|
(19)
-44%
|
(21)
-14%
|
(55)
-160%
|
(60)
-8%
|
(59)
+2%
|
(62)
-5%
|
(18)
+70%
|
(18)
N/A
|
(18)
+2%
|
(17)
+4%
|
(29)
-67%
|
(37)
-25%
|
(51)
-39%
|
(56)
-9%
|
(60)
-8%
|
(67)
-12%
|
(73)
-8%
|
(78)
-7%
|
(84)
-7%
|
(87)
-4%
|
(76)
+13%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
33
|
37
|
37
|
37
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(9)
|
(24)
|
|
Net Issuance of Debt |
8
|
15
|
26
|
35
|
9
|
3
|
0
|
(10)
|
11
|
43
|
49
|
33
|
33
|
20
|
6
|
21
|
17
|
(2)
|
5
|
12
|
20
|
25
|
32
|
31
|
17
|
11
|
1
|
(18)
|
(23)
|
(15)
|
(22)
|
(37)
|
(28)
|
(52)
|
(48)
|
(34)
|
(32)
|
(16)
|
(17)
|
0
|
0
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(9)
|
(11)
|
(13)
|
(13)
|
(15)
|
(16)
|
(16)
|
|
Other |
0
|
23
|
23
|
23
|
23
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(15)
|
(15)
|
(15)
|
(10)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(3)
|
|
Cash from Financing Activities |
8
N/A
|
39
+360%
|
50
+28%
|
58
+18%
|
34
-42%
|
4
-89%
|
1
-82%
|
(9)
N/A
|
10
N/A
|
41
+333%
|
46
+12%
|
31
-33%
|
32
+3%
|
18
-43%
|
4
-76%
|
18
+314%
|
15
-17%
|
(4)
N/A
|
3
N/A
|
9
+214%
|
17
+87%
|
55
+223%
|
65
+17%
|
63
-3%
|
48
-23%
|
10
-79%
|
(3)
N/A
|
(22)
-575%
|
(34)
-55%
|
(35)
-4%
|
(42)
-21%
|
(57)
-35%
|
(44)
+23%
|
(60)
-37%
|
(58)
+3%
|
(47)
+20%
|
(45)
+4%
|
(30)
+33%
|
(31)
-5%
|
(25)
+22%
|
(43)
-75%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
2
|
2
|
3
|
3
|
1
|
1
|
1
|
2
|
1
|
1
|
0
|
(1)
|
1
|
1
|
0
|
0
|
0
|
1
|
2
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
0
|
(5)
|
(4)
|
0
|
(1)
|
1
|
1
|
(3)
|
(5)
|
(2)
|
(4)
|
(5)
|
(6)
|
(6)
|
(1)
|
2
|
6
|
|
Net Change in Cash |
1
N/A
|
18
+2 500%
|
15
-15%
|
16
+1%
|
13
-17%
|
(3)
N/A
|
(2)
+50%
|
(1)
+38%
|
3
N/A
|
2
-42%
|
18
+837%
|
3
-83%
|
4
+40%
|
32
+657%
|
7
-80%
|
13
+98%
|
14
+9%
|
(24)
N/A
|
(14)
+42%
|
(8)
+40%
|
(8)
+2%
|
31
N/A
|
18
-43%
|
14
-22%
|
15
+8%
|
(25)
N/A
|
16
N/A
|
28
+75%
|
19
-30%
|
48
+151%
|
37
-24%
|
17
-54%
|
17
+2%
|
(1)
N/A
|
(2)
-46%
|
(2)
-21%
|
19
N/A
|
44
+137%
|
6
-86%
|
34
+473%
|
26
-25%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(9)
N/A
|
(22)
-133%
|
(39)
-80%
|
(48)
-23%
|
(30)
+39%
|
(17)
+44%
|
(7)
+55%
|
2
N/A
|
(12)
N/A
|
(22)
-78%
|
(12)
+45%
|
(32)
-166%
|
(26)
+19%
|
(7)
+72%
|
(10)
-42%
|
4
N/A
|
7
+71%
|
(14)
N/A
|
(12)
+12%
|
(12)
+1%
|
(18)
-52%
|
(16)
+11%
|
(12)
+28%
|
(12)
-4%
|
1
N/A
|
4
+471%
|
23
+473%
|
49
+113%
|
53
+10%
|
82
+54%
|
78
-6%
|
77
-1%
|
66
-14%
|
61
-8%
|
61
+0%
|
50
-17%
|
71
+40%
|
80
+14%
|
39
-51%
|
58
+47%
|
61
+6%
|