Vecima Networks Inc
TSX:VCM
Cash Flow Statement
Cash Flow Statement
Vecima Networks 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 |
22
|
23
|
25
|
23
|
15
|
16
|
16
|
18
|
20
|
22
|
21
|
19
|
16
|
12
|
8
|
5
|
3
|
3
|
4
|
2
|
2
|
0
|
(3)
|
(4)
|
(2)
|
(0)
|
2
|
2
|
(4)
|
(5)
|
(2)
|
(1)
|
4
|
7
|
9
|
17
|
24
|
26
|
27
|
19
|
15
|
|
Depreciation & Amortization |
7
|
6
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
5
|
5
|
6
|
7
|
7
|
6
|
6
|
6
|
7
|
9
|
10
|
11
|
11
|
12
|
5
|
8
|
11
|
16
|
16
|
17
|
17
|
15
|
16
|
16
|
16
|
18
|
18
|
19
|
19
|
20
|
20
|
21
|
|
Change in Deffered Taxes |
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(4)
|
(5)
|
4
|
5
|
6
|
7
|
3
|
2
|
2
|
1
|
2
|
2
|
1
|
0
|
(2)
|
(3)
|
(2)
|
(1)
|
0
|
1
|
0
|
(3)
|
(3)
|
(5)
|
(4)
|
(1)
|
0
|
3
|
3
|
4
|
(5)
|
(9)
|
(10)
|
|
Other Non-Cash Items |
5
|
(1)
|
0
|
4
|
14
|
15
|
6
|
9
|
13
|
15
|
9
|
8
|
4
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
(1)
|
(0)
|
(2)
|
(2)
|
(0)
|
1
|
3
|
5
|
3
|
2
|
3
|
4
|
7
|
7
|
17
|
18
|
20
|
|
Cash Taxes Paid |
(3)
|
(4)
|
(4)
|
(4)
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
3
|
5
|
13
|
|
Cash Interest 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
|
0
|
1
|
1
|
2
|
3
|
4
|
|
Change in Working Capital |
(2)
|
2
|
3
|
4
|
(4)
|
(4)
|
0
|
1
|
4
|
7
|
8
|
12
|
5
|
(2)
|
(2)
|
0
|
3
|
13
|
8
|
1
|
(2)
|
(1)
|
6
|
5
|
9
|
(2)
|
(7)
|
(5)
|
(5)
|
(0)
|
8
|
(2)
|
(5)
|
(19)
|
(27)
|
(42)
|
(65)
|
(61)
|
(71)
|
(45)
|
(43)
|
|
Cash from Operating Activities |
30
N/A
|
29
-2%
|
32
+8%
|
36
+13%
|
29
-18%
|
31
+4%
|
27
-11%
|
31
+13%
|
38
+24%
|
44
+16%
|
48
+9%
|
49
+2%
|
38
-22%
|
23
-40%
|
14
-39%
|
12
-14%
|
12
-4%
|
22
+93%
|
21
-6%
|
13
-40%
|
11
-10%
|
9
-18%
|
11
+23%
|
11
-3%
|
16
+45%
|
10
-37%
|
10
-3%
|
13
+30%
|
8
-37%
|
10
+20%
|
20
+108%
|
12
-40%
|
14
+15%
|
6
-58%
|
3
-43%
|
1
-80%
|
(13)
N/A
|
(5)
+60%
|
(11)
-111%
|
5
N/A
|
4
-21%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(4)
|
(8)
|
(10)
|
(11)
|
(12)
|
(14)
|
(12)
|
(13)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(17)
|
(18)
|
(20)
|
(21)
|
(20)
|
(19)
|
(17)
|
(15)
|
(14)
|
(13)
|
(14)
|
(15)
|
(16)
|
(19)
|
(20)
|
(21)
|
(23)
|
(23)
|
(25)
|
(25)
|
(25)
|
(26)
|
(27)
|
(29)
|
|
Other Items |
(0)
|
(6)
|
9
|
(0)
|
(12)
|
(9)
|
(13)
|
(6)
|
(19)
|
(23)
|
(21)
|
(26)
|
(22)
|
(16)
|
(14)
|
20
|
4
|
8
|
10
|
(10)
|
19
|
21
|
22
|
17
|
18
|
10
|
7
|
0
|
1
|
13
|
14
|
20
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Investing Activities |
(4)
N/A
|
(13)
-205%
|
(1)
+93%
|
(11)
-1 183%
|
(25)
-121%
|
(23)
+8%
|
(26)
-13%
|
(19)
+26%
|
(31)
-67%
|
(35)
-12%
|
(35)
+0%
|
(39)
-13%
|
(37)
+5%
|
(31)
+16%
|
(29)
+7%
|
5
N/A
|
(11)
N/A
|
(9)
+24%
|
(8)
+7%
|
(29)
-269%
|
(1)
+95%
|
1
N/A
|
2
+206%
|
0
-93%
|
3
+1 589%
|
(4)
N/A
|
(6)
-49%
|
(14)
-137%
|
(15)
-4%
|
(3)
+82%
|
(5)
-85%
|
0
N/A
|
(8)
N/A
|
(23)
-184%
|
(23)
-2%
|
(25)
-6%
|
(25)
+1%
|
(25)
-3%
|
(26)
-4%
|
(27)
-2%
|
(29)
-8%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
2
|
3
|
3
|
3
|
1
|
0
|
1
|
0
|
16
|
17
|
17
|
17
|
2
|
|
Net Issuance of Debt |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
10
|
11
|
11
|
11
|
(1)
|
19
|
17
|
42
|
|
Cash Paid for Dividends |
(10)
|
(10)
|
(10)
|
0
|
(2)
|
(3)
|
(4)
|
0
|
(4)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
(5)
|
|
Other |
(34)
|
(12)
|
(12)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(0)
|
(1)
|
(2)
|
(4)
|
(4)
|
(2)
|
|
Cash from Financing Activities |
(45)
N/A
|
(23)
+50%
|
(23)
N/A
|
(23)
+0%
|
(2)
+90%
|
(3)
-44%
|
(4)
-29%
|
(4)
N/A
|
(5)
-11%
|
(4)
+17%
|
(4)
-3%
|
(3)
+20%
|
(3)
-5%
|
(4)
-18%
|
(4)
+2%
|
(4)
-19%
|
(3)
+23%
|
(4)
-31%
|
(5)
-14%
|
(5)
-2%
|
(6)
-20%
|
(6)
+11%
|
(5)
+10%
|
(5)
-5%
|
(5)
+7%
|
(5)
-9%
|
(6)
-11%
|
(6)
+4%
|
(5)
+6%
|
(4)
+27%
|
(5)
-18%
|
(6)
-23%
|
(7)
-20%
|
4
N/A
|
5
+27%
|
6
+15%
|
20
+251%
|
9
-58%
|
27
+215%
|
26
-4%
|
35
+37%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
1
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
|
Net Change in Cash |
(19)
N/A
|
(7)
+66%
|
8
N/A
|
2
-76%
|
3
+30%
|
5
+95%
|
(3)
N/A
|
8
N/A
|
2
-72%
|
5
+147%
|
9
+76%
|
6
-32%
|
(2)
N/A
|
(12)
-462%
|
(19)
-53%
|
13
N/A
|
(3)
N/A
|
9
N/A
|
8
-16%
|
(22)
N/A
|
3
N/A
|
4
+58%
|
9
+115%
|
6
-35%
|
15
+161%
|
0
-99%
|
(2)
N/A
|
(8)
-203%
|
(13)
-67%
|
4
N/A
|
12
+202%
|
7
-35%
|
(0)
N/A
|
(12)
-123 500%
|
(16)
-29%
|
(20)
-28%
|
(18)
+10%
|
(23)
-24%
|
(11)
+54%
|
5
N/A
|
11
+124%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
26
N/A
|
22
-17%
|
22
+0%
|
25
+13%
|
17
-30%
|
17
-1%
|
15
-13%
|
18
+20%
|
26
+43%
|
32
+24%
|
34
+7%
|
35
+3%
|
23
-35%
|
8
-67%
|
(1)
N/A
|
(3)
-319%
|
(4)
-6%
|
6
N/A
|
3
-52%
|
(7)
N/A
|
(9)
-33%
|
(11)
-20%
|
(8)
+32%
|
(6)
+23%
|
1
N/A
|
(4)
N/A
|
(4)
+15%
|
(1)
+61%
|
(7)
-430%
|
(7)
+11%
|
1
N/A
|
(8)
N/A
|
(7)
+7%
|
(17)
-141%
|
(20)
-17%
|
(24)
-21%
|
(38)
-56%
|
(31)
+19%
|
(37)
-22%
|
(22)
+40%
|
(25)
-14%
|