mdf Commerce Inc
TSX:MDF
Cash Flow Statement
Cash Flow Statement
mdf Commerce 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 |
12
|
13
|
13
|
14
|
15
|
16
|
16
|
17
|
18
|
16
|
16
|
16
|
15
|
16
|
15
|
12
|
9
|
7
|
7
|
9
|
11
|
(26)
|
(27)
|
(28)
|
(33)
|
(6)
|
(8)
|
(11)
|
(11)
|
(8)
|
(11)
|
(16)
|
(18)
|
(24)
|
(26)
|
(109)
|
(90)
|
(85)
|
(84)
|
5
|
(14)
|
|
Depreciation & Amortization |
7
|
7
|
7
|
8
|
7
|
7
|
6
|
6
|
6
|
6
|
6
|
6
|
7
|
7
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
8
|
7
|
7
|
7
|
8
|
9
|
9
|
10
|
10
|
10
|
10
|
12
|
14
|
17
|
18
|
19
|
19
|
19
|
19
|
19
|
|
Change in Deffered Taxes |
2
|
1
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
0
|
(1)
|
1
|
1
|
1
|
2
|
(0)
|
(0)
|
(0)
|
(1)
|
(12)
|
(12)
|
(12)
|
(13)
|
(3)
|
(3)
|
(4)
|
(3)
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Other Non-Cash Items |
(0)
|
0
|
1
|
1
|
2
|
4
|
3
|
3
|
3
|
6
|
6
|
7
|
7
|
4
|
4
|
4
|
5
|
8
|
7
|
7
|
5
|
50
|
52
|
50
|
51
|
9
|
9
|
10
|
9
|
2
|
1
|
(0)
|
2
|
(1)
|
(1)
|
88
|
68
|
67
|
68
|
(22)
|
(0)
|
|
Cash Taxes Paid |
3
|
4
|
4
|
5
|
4
|
4
|
4
|
4
|
5
|
6
|
6
|
6
|
5
|
4
|
3
|
3
|
2
|
3
|
4
|
4
|
5
|
4
|
4
|
3
|
4
|
3
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
(0)
|
1
|
|
Cash Interest Paid |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
0
|
|
Change in Working Capital |
(0)
|
1
|
(2)
|
(1)
|
0
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(5)
|
(6)
|
(7)
|
(5)
|
(5)
|
(4)
|
(5)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(4)
|
(3)
|
(3)
|
1
|
(2)
|
2
|
(4)
|
8
|
13
|
11
|
2
|
(16)
|
(24)
|
(23)
|
(8)
|
(1)
|
|
Cash from Operating Activities |
20
N/A
|
22
+10%
|
20
-8%
|
22
+7%
|
24
+12%
|
24
-1%
|
24
0%
|
24
-2%
|
23
-1%
|
22
-5%
|
23
+2%
|
24
+3%
|
21
-9%
|
24
+11%
|
21
-10%
|
18
-18%
|
19
+8%
|
18
-6%
|
18
+1%
|
19
+4%
|
15
-21%
|
13
-14%
|
11
-10%
|
9
-19%
|
6
-40%
|
4
-28%
|
4
-6%
|
2
-58%
|
5
+235%
|
1
-78%
|
1
+7%
|
(11)
N/A
|
0
N/A
|
0
-9%
|
(2)
N/A
|
(3)
-54%
|
(19)
-573%
|
(27)
-40%
|
(24)
+13%
|
(10)
+58%
|
(1)
+94%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Other Items |
(59)
|
(59)
|
(6)
|
(7)
|
0
|
0
|
1
|
1
|
1
|
1
|
(17)
|
(17)
|
(17)
|
(17)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
18
|
18
|
10
|
11
|
(7)
|
(7)
|
(6)
|
(7)
|
0
|
(234)
|
(227)
|
(228)
|
(228)
|
(1)
|
60
|
61
|
61
|
61
|
0
|
|
Cash from Investing Activities |
(61)
N/A
|
(61)
+0%
|
(8)
+86%
|
(9)
-9%
|
(2)
+79%
|
(2)
-30%
|
(2)
+3%
|
(2)
+3%
|
(3)
-16%
|
(4)
-38%
|
(21)
-471%
|
(21)
0%
|
(21)
+0%
|
(21)
+1%
|
(5)
+76%
|
(6)
-9%
|
(6)
+0%
|
(5)
+7%
|
(4)
+33%
|
(4)
-6%
|
(4)
-9%
|
(4)
-8%
|
13
N/A
|
14
+7%
|
6
-57%
|
8
+25%
|
(10)
N/A
|
(11)
-7%
|
(9)
+15%
|
(11)
-19%
|
(11)
+1%
|
(239)
-2 098%
|
(233)
+2%
|
(233)
0%
|
(233)
+0%
|
(6)
+98%
|
56
N/A
|
57
+3%
|
57
0%
|
58
+1%
|
(3)
N/A
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(2)
|
(0)
|
(0)
|
(1)
|
(5)
|
(5)
|
(12)
|
(14)
|
(9)
|
(9)
|
(2)
|
(0)
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
15
|
15
|
60
|
135
|
120
|
235
|
189
|
114
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
43
|
37
|
(8)
|
(9)
|
(12)
|
(11)
|
(3)
|
2
|
(2)
|
0
|
10
|
8
|
6
|
5
|
(7)
|
(4)
|
(4)
|
(3)
|
(7)
|
(7)
|
(4)
|
(3)
|
(14)
|
(18)
|
(6)
|
(6)
|
(3)
|
(6)
|
(28)
|
(27)
|
(18)
|
22
|
33
|
36
|
40
|
12
|
(48)
|
(48)
|
(55)
|
(61)
|
(5)
|
|
Cash Paid for Dividends |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(4)
|
(3)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
2
|
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)
|
0
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
|
Cash from Financing Activities |
37
N/A
|
30
-17%
|
(15)
N/A
|
(16)
-4%
|
(24)
-49%
|
(22)
+6%
|
(21)
+7%
|
(18)
+14%
|
(17)
+3%
|
(15)
+12%
|
2
N/A
|
1
-6%
|
0
-86%
|
(3)
N/A
|
(15)
-463%
|
(12)
+16%
|
(12)
-1%
|
(10)
+20%
|
(14)
-38%
|
(13)
+6%
|
(10)
+23%
|
(9)
+8%
|
(20)
-120%
|
(24)
-19%
|
(12)
+48%
|
(11)
+8%
|
8
N/A
|
7
-10%
|
30
+338%
|
107
+252%
|
101
-5%
|
255
+152%
|
221
-13%
|
149
-33%
|
153
+3%
|
10
-94%
|
(50)
N/A
|
(50)
+1%
|
(56)
-12%
|
(62)
-11%
|
(6)
+91%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
1
|
0
|
(0)
|
0
|
(1)
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
2
|
2
|
2
|
2
|
(0)
|
(0)
|
|
Net Change in Cash |
(3)
N/A
|
(7)
-121%
|
(3)
+63%
|
(2)
+10%
|
(1)
+79%
|
0
N/A
|
2
+446%
|
5
+136%
|
5
-3%
|
4
-20%
|
3
-12%
|
4
+9%
|
0
-86%
|
0
-49%
|
1
+488%
|
(1)
N/A
|
0
N/A
|
2
+650%
|
1
-56%
|
3
+138%
|
2
-34%
|
(0)
N/A
|
4
N/A
|
(0)
N/A
|
(1)
-280%
|
1
N/A
|
2
+59%
|
(2)
N/A
|
26
N/A
|
96
+262%
|
90
-5%
|
4
-95%
|
(12)
N/A
|
(84)
-614%
|
(83)
+2%
|
4
N/A
|
(12)
N/A
|
(18)
-51%
|
(20)
-11%
|
(14)
+27%
|
(9)
+34%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
19
N/A
|
21
+11%
|
19
-11%
|
20
+7%
|
22
+13%
|
22
-4%
|
21
-2%
|
21
-2%
|
20
-3%
|
18
-11%
|
19
+3%
|
19
+3%
|
17
-10%
|
20
+14%
|
18
-10%
|
14
-23%
|
15
+11%
|
14
-5%
|
14
0%
|
15
+3%
|
10
-30%
|
8
-23%
|
7
-17%
|
5
-27%
|
1
-75%
|
0
-88%
|
0
-57%
|
(2)
N/A
|
2
N/A
|
(3)
N/A
|
(3)
+6%
|
(15)
-461%
|
(5)
+66%
|
(5)
+3%
|
(7)
-37%
|
(8)
-10%
|
(23)
-206%
|
(30)
-30%
|
(27)
+12%
|
(13)
+53%
|
(3)
+73%
|