CCSE:BVCC Cash Flow Statement

Financials in millions VEF. Fiscal year is January - December.

Millions VEF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Jun '16 Jun 30, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Net Income	20.05	20.02	2.89	43.42	2.1
Depreciation & Amortization	0.38	0.25	0.15	0.17	1.06
Provision & Write-off of Bad Debts	0.67	0.67	0.33	0.2	0.38
Change in Accounts Receivable	-11.2	-4.1	-1.86	-0.88	0.35
Change in Accounts Payable	-14.23	-2.48	2.86	4.2	1.04
Change in Other Net Operating Assets	-0.01	-1.37	5.18	-0.77	-1.51
Operating Cash Flow	-3.54	13.15	8.94	45.73	3.42
Operating Cash Flow Growth	-	47.11%	-80.46%	1238.47%	-
Capital Expenditures	-0.8	-1.12	-0.64	-0.15	-1.87
Other Investing Activities	2.58	2.58	6.77	-9.33	0.62
Investing Cash Flow	1.78	1.46	6.13	-9.48	-1.25
Issuance of Common Stock	-	-	-	-	1.8
Repurchase of Common Stock	-	-	-	-	-2.72
Common Dividends Paid	-12.15	-16.2	-16.2	-31.5	-1.8
Financing Cash Flow	-9.71	-16.2	-16.2	-31.5	-2.72
Net Cash Flow	-11.47	-1.59	-1.13	4.75	-0.55
Free Cash Flow	-4.34	12.03	8.29	45.58	1.55
Free Cash Flow Growth	-	45.07%	-81.81%	2848.52%	-
Free Cash Flow Margin	-5.36%	22.80%	41.53%	522.22%	26.57%
Free Cash Flow Per Share	-0.22	0.60	0.41	2.28	0.08
Levered Free Cash Flow	-	-0.73	-1.19	0.3	-
Unlevered Free Cash Flow	-	-0.73	-1.19	0.3	-
Change in Working Capital	-25.28	-7.79	5.56	1.95	-0.12

Updated Jul 19, 2017. Source: S&P Global Market Intelligence. Standard template. Financial Sources.