Artesian Resources Corporation (ARTNA)

Artesian Resources Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	16.7	18	16.83	16.82	14.93
Depreciation & Amortization	13.34	12.62	11.89	11.14	10.8
Share-Based Compensation	0.25	0.15	0.19	0.18	0.18
Other Operating Activities	1.56	-6.51	2.41	-7.78	-7.04
Operating Cash Flow	31.85	24.27	31.31	20.36	18.87
Operating Cash Flow Growth	31.26%	-22.50%	53.80%	7.89%	-35.25%
Capital Expenditures	-62.08	-48.42	-40.72	-34.23	-40.63
Acquisitions	0	-6.34	0	-5.74	0
Investing Cash Flow	-62.08	-54.76	-40.72	-39.97	-40.63
Dividends Paid	-11.24	-10.32	-9.83	-9.38	-9.12
Share Issuance / Repurchase	37.07	2.09	1.39	1.54	1.03
Debt Issued / Paid	-16.61	23.51	2.1	17.6	19.64
Other Financing Activities	22.2	16.43	15.82	9.28	10.51
Financing Cash Flow	31.42	31.71	9.48	19.05	22.06
Net Cash Flow	1.2	1.22	0.06	-0.57	0.3
Free Cash Flow	-30.23	-24.15	-9.41	-13.87	-21.76
Free Cash Flow Margin	-30.58%	-24.42%	-10.36%	-15.74%	-26.03%
Free Cash Flow Per Share	-3.02	-2.55	-1.00	-1.49	-2.35

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).