Alerus Financial Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016
Net Income	11.7	40.01	52.68	44.68	29.54	25.87	15	14.01
Depreciation & Amortization	8.51	8.24	8.81	8.93	8.77	8.73	9.86	11.39
Share-Based Compensation	1.63	1.9	3.1	1.93	1.75	1.85	0.94	1.47
Other Operating Activities	7.15	52.82	85.25	-77.78	-20.81	17.11	22.1	7.1
Operating Cash Flow	28.98	102.97	149.83	-22.25	19.25	53.55	47.89	33.99
Operating Cash Flow Growth	-71.85%	-31.28%	-	-	-64.06%	11.83%	40.90%	-
Capital Expenditures	-3.17	-1.79	-1.71	-3.81	-2.03	-3.74	-0.56	-1.28
Acquisitions	0	101.51	0	-9.28	10.38	0	0	-45.44
Change in Investments	-51.95	-393.28	-416.58	-525.73	-75.09	-148.86	-205.94	-18.66
Other Investing Activities	3.04	0.94	0.63	0.43	1.15	-2.1	1.41	5.97
Investing Cash Flow	-52.09	-292.62	-417.66	-538.39	-65.59	-154.71	-205.09	-59.41
Dividends Paid	-14.82	-12.8	-10.75	-10.39	-8.91	-7.46	-6.73	-6.16
Share Issuance / Repurchase	-6.64	-0.74	-0.71	-0.48	60.86	-0.36	-0.29	-0.36
Debt Issued / Paid	-63.91	377.88	0.08	-0.21	-93.69	63.29	29.1	-31.85
Other Financing Activities	180.13	-358.75	348.56	600.68	191.44	-35.67	49.75	5
Financing Cash Flow	94.76	5.59	337.18	589.6	149.7	19.81	71.83	-33.37
Net Cash Flow	71.65	-184.07	69.35	28.96	103.36	-81.35	-85.37	-58.79
Free Cash Flow	25.81	101.18	148.13	-26.06	17.22	49.81	47.33	32.71
Free Cash Flow Growth	-74.49%	-31.70%	-	-	-65.43%	5.23%	44.71%	-
Free Cash Flow Margin	15.55%	47.96%	62.24%	-11.72%	9.49%	29.41%	28.27%	19.83%
Free Cash Flow Per Share	1.30	5.43	8.62	-1.52	1.17	3.62	3.47	2.42

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).