Alerus Financial Corporation (ALRS)

Alerus Financial Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	11.7	40.01	52.68	44.68	29.54
Depreciation & Amortization	8.51	8.24	8.81	8.93	8.77
Share-Based Compensation	1.63	1.9	3.1	1.93	1.75
Other Operating Activities	7.15	52.82	85.25	-77.78	-20.81
Operating Cash Flow	28.98	102.97	149.83	-22.25	19.25
Operating Cash Flow Growth	-71.85%	-31.28%	-	-	-64.06%
Capital Expenditures	-3.17	-1.79	-1.71	-3.81	-2.03
Acquisitions	0	101.51	0	-9.28	10.38
Change in Investments	-51.95	-393.28	-416.58	-525.73	-75.09
Other Investing Activities	3.04	0.94	0.63	0.43	1.15
Investing Cash Flow	-52.09	-292.62	-417.66	-538.39	-65.59
Dividends Paid	-14.82	-12.8	-10.75	-10.39	-8.91
Share Issuance / Repurchase	-6.64	-0.74	-0.71	-0.48	60.86
Debt Issued / Paid	-63.91	377.88	0.08	-0.21	-93.69
Other Financing Activities	180.13	-358.75	348.56	600.68	191.44
Financing Cash Flow	94.76	5.59	337.18	589.6	149.7
Net Cash Flow	71.65	-184.07	69.35	28.96	103.36
Free Cash Flow	25.81	101.18	148.13	-26.06	17.22
Free Cash Flow Growth	-74.49%	-31.70%	-	-	-65.43%
Free Cash Flow Margin	15.55%	47.96%	62.24%	-11.72%	9.49%
Free Cash Flow Per Share	1.30	5.43	8.62	-1.52	1.17

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).