Firstbank Cash Flow - Annual (NASDAQ:FBMI)

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$21.59 $0.53 (2.52%) FBMI stock closing price May 30, 2014 (Closing)

The Firstbank cash flow statement helps investors understand how well the company is managing its cash flows. This report provides details about cash inflows and outflows due to the company's business and investment activities, and summarize cash outflows for a given quarter. For Firstbank profits one has to check the income statement and for Firstbank debt one has to check the balance sheet. Firstbank stock analysis shows positive net income cash flow of $12.23M for 2013. This statement is important because profits alone cannot pay employees, or bills. Cash is required.   Firstbank had an inflow of $2.49M from operating activities, $25.15M spend due to financing activities, and $26.05M spend due to investing activities for 2013. View details of Firstbank cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2013 2012 2011 2010 2009 2008 2007 2006
Firstbank Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow6.31M6.49M6.54M5.23M4.5M4.3M4.09M3.2M
Net Increase (Decrease) in Assets Liabilities5.76M-1.54M4.52M9.31M0.09M2.64M4.06M3.87M
Cash From (used in) Discontinued Operations--------
Other Adjustments Net1.36M7.71M12.19M13.95M13.53M10.41M2.44M0.37M
Firstbank Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-1.66M-1.18M-1.71M-2.27M-1.17M-2.55M-2.99M-3.29M
Acquisition Disposition of Subsidiaires--------
Increase (Decrease) in Investments3.2M-12.96M-79.22M-108.32M-46.67M-14.45M-46.12M-32.42M
Other Cash Inflow (Outflow) from Investment Activities-27.24M14.5M34.86M69.34M14.7M-46.81M-15.17M-
Firstbank Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares-16.14M-16.1M0.42M0.39M33.9M1.76M0.8M-2.78M
Issuance (Repayment) of Debt Securities-2.7M3.03M-21.2M-59.6M-62.01M23.23M51.8M21.87M
Increase (Decrease) in Bank & Other Borrowings4.85M-3.99M5.45M1.91M-13.5M10.12M-16.42M-16.14M
Payment of Dividends & Other Cash Distributions-2.32M-3.56M-1.96M-2.27M-4.57M-6.72M-6.24M-5.58M
Other Cash from (used by) Financing Activities
Firstbank Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash--------
Firstbank Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year99.6M75.81M73.53M107.36M63.71M45.52M56.93M53.33M
Cash & Equivalents at Year End74.65M99.6M75.81M73.53M107.36M63.71M45.52M56.93M
All figures in USD. M: Millions of USD, B: Billions of USD.

Firstbank stock comparison chart provides an easy way to compare the stock price with peers along with details of Firstbank stock price history.
The statement of cash flows can be categorized into three main sections:
  • Firstbank saw a decrease in Net Change in Cash and Cash Equivalents from $23.78M in 2012 to $-24.94M in 2013. Apart from the Firstbank stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Cash Flow from operating activities: Firstbank reported a positive operating cash flow of $25.68M for 2013 and has seen an increase from the previous year. Operating cash flow or working capital comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: Firstbank used $26.05M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $-24.92M for Firstbank.