First Citizens Cash Flow - Annual (OTCMKTS:FCBN)

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$922.25 $4.25 (0.46%) FCBN stock closing price Sep 30, 2014 (Closing)

The cash flow statement is one of the reports a publicly traded company like First Citizens needs to disclose. While its important to look at the First Citizens debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as First Citizens revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the First Citizens stock analysis. First Citizens generated $93.79M cash from operating activities in 2009. FCBN increase in investments stood at a positive value of $327.37M for the latest 2009. View details of First Citizens cash flows for latest & last ten financial years.

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Fiscal year is Jan - Dec. 2009 2008 2006
First Citizens Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow34.31M31.39M25.27M
Net Increase (Decrease) in Assets Liabilities-23.81M-5.03M2.55M
Cash From (used in) Discontinued Operations---
Other Adjustments Net-17.72M21.81M-20.8M
First Citizens Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-9.86M-19.67M-29.78M
Acquisition Disposition of Subsidiaires--53.92M22.5M
Increase (Decrease) in Investments-36.11M9.27M-246.95M
Other Cash Inflow (Outflow) from Investment Activities373.34M-320.9M3.42M
First Citizens Net Cash from (used by) Invesment Activities
Issuance (Purchase) of Equity Shares-0.21M-1.2M-33.39M
Issuance (Repayment) of Debt Securities-1.04M-11.39M-16.37M
Increase (Decrease) in Bank & Other Borrowings-107.93M62.81M46.66M
Payment of Dividends & Other Cash Distributions-1.35M-1.35M-1.36M
Other Cash from (used by) Financing Activities
First Citizens Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash---
First Citizens Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year350.76M425.29M388.93M
Cash & Equivalents at Year End711.85M350.76M506.34M
All figures in USD. M: Millions of USD, B: Billions of USD.

The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The First Citizens stock price history and First Citizens stock comparison chart inevitably reflect its cash flow situation.
  • Net Change in Cash and Cash Equivalents: First Citizens cash grew YoY to $101.02M, meaning the company is able to meet its expenditure and grow cash which will also eventually reflect in the First Citizens stock price movement.
  • First Citizens increased its cash from operating activities to $0.97M in 2009. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc. , and was $93.79M for FCBN in last year report.
  • Cash flow from financing activities shows the flow of cash between First Citizens and its owners and creditors and was $-60.06M for 2009. Financing activities allow a company to raise capital, and repay bondholders.