German American Bancorp, Inc. (GABC)

German American Bancorp Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	85.89	81.83	84.14	62.21	59.22
Depreciation & Amortization	9.56	10.12	8.77	9.43	8.63
Share-Based Compensation	2.33	2.33	1.72	1.05	1.31
Other Operating Activities	9.45	15.77	6.21	19.73	-3.94
Operating Cash Flow	107.23	110.04	100.84	92.42	65.23
Operating Cash Flow Growth	-2.55%	9.12%	9.12%	41.68%	4.65%
Capital Expenditures	-2.12	-7.85	-2.72	-3.14	-7.61
Acquisitions	0	207.76	1.69	0	5.55
Change in Investments	29.27	-224.95	-641.24	-344.36	31.15
Other Investing Activities	0.11	0.86	1.97	1.42	1.59
Investing Cash Flow	27.26	-24.18	-640.3	-346.08	30.66
Dividends Paid	-29.43	-27.02	-22.22	-20.14	-17.56
Share Issuance / Repurchase	0	0	0	-5.79	0
Debt Issued / Paid	-10.33	-11.87	-42.67	-155.46	-57.99
Other Financing Activities	-96.78	-324.77	655.49	676.91	-13.01
Financing Cash Flow	-136.54	-363.67	590.6	495.52	-88.56
Net Cash Flow	-2.05	-277.81	51.14	241.86	7.33
Free Cash Flow	105.12	102.18	98.12	89.28	57.62
Free Cash Flow Growth	2.87%	4.14%	9.91%	54.95%	21.10%
Free Cash Flow Margin	42.36%	40.33%	43.26%	46.46%	31.08%
Free Cash Flow Per Share	3.55	3.47	3.70	3.37	2.16

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).