Southern Michigan Bancorp Cash Flow - Annual (OTCMKTS:SOMC)

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$33.4 $1.2 (3.47%) SOMC stock closing price Aug 21, 2017 (Closing)

The Southern Michigan Bancorp cash flow statement is one of the three reports that the company generates every quarter. While its important to look at the Southern Michigan Bancorp 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 Southern Michigan Bancorp 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. Southern Michigan Bancorp had cash and cash equivalents of $13.48M at beginning of year and $16.32M at year end for 2016. Southern Michigan Bancorp cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Southern Michigan Bancorp saw a outflow of $15.5M from investing activities for 2016. View details of Southern Michigan Bancorp cash flows for latest & last ten financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Southern Michigan Bancorp Net Income Cash Flow
6.09M5.8M4.79M4.49M4.35M3.4M3.09M1.93M0.81M4.13M
Depreciation Depletion Amortization Cash-Flow1.9M1.6M1.76M1.72M1.83M1.6M1.93M1.8M1.81M0.83M
Net Increase (Decrease) in Assets Liabilities-1.63M0.89M1.08M-1.04M0.75M0.28M0.8M-0.9M0.14M-0.07M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net1.15M--0.06M2.52M0.99M3.14M-0.3M4.62M5.12M0.56M
Southern Michigan Bancorp Net Cash from (used by) Operating Activities
7.52M8.31M7.57M7.7M7.93M8.42M5.52M7.46M7.89M5.45M
Increase (Decrease) in Prop Plant And Equipment0.12M0.8M-0.05M0.88M1.04M-0.34M0.53M-0.69M-1.22M-2.56M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments-17.61M-24.16M3.24M-13.58M25.08M-30.25M-3.15M8.7M12.32M-8.71M
Other Cash Inflow (Outflow) from Investment Activities-40.44M-19.08M-26.29M-19.17M-40.16M-25.34M23.1M-3.94M0.27M-
Southern Michigan Bancorp Net Cash from (used by) Invesment Activities
-57.94M-42.44M-23.1M-31.87M-14.03M-55.93M20.48M4.07M11.37M-11.27M
Issuance (Purchase) of Equity Shares-0.93M-0.78M-0.15M-0.16M0.01M----0.62M-
Issuance (Repayment) of Debt Securities0.2M-10M-1.03M-6.71M-2.32M-0.75M-1.66M-2.27M-
Increase (Decrease) in Bank & Other Borrowings-2.63M1.29M-3.83M2.34M-1.94M3.04M0.22M0.9M4.11M14.39M
Payment of Dividends & Other Cash Distributions-1.73M-1.49M-1.34M-1.17M-0.76M-0.47M-0.46M-0.81M-1.84M-1.52M
Other Cash from (used by) Financing Activities58.36M33.21M-6.13M6.23M23.65M10.61M28.99M-13.13M-5.12M-1.93M
Southern Michigan Bancorp Net Cash from (used by) Financing Activities
53.25M32.24M-1.46M6.2M14.25M10.85M28M-14.7M-5.75M10.92M
Effect of Exchange Rate Changes on Cash----------
Southern Michigan Bancorp Net Change in Cash & Cash Equivalents
2.83M-1.88M-16.99M-17.96M8.14M-36.64M54.01M-3.17M13.51M5.1M
Cash & Equivalents at Beginning of Year13.48M15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M9.36M
Cash & Equivalents at Year End16.32M13.48M15.37M32.36M50.33M42.18M78.83M24.81M27.98M14.47M
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 Southern Michigan Bancorp stock price history and Southern Michigan Bancorp stock comparison chart inevitably reflect its cash flow situation.
  • Net Change in Cash and Cash Equivalents: Southern Michigan Bancorp cash grew YoY to $6.09M, meaning the company is able to meet its expenditure and grow cash which will also eventually reflect in the Southern Michigan Bancorp stock price movement.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $7.52M for SOMC.
  • Cash Flow from investment activities: Southern Michigan Bancorp used $15.5M 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 $53.25M for Southern Michigan Bancorp.
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