Gyrodyne, LLC (GYRO)

Gyrodyne, LLC Cash Flow Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	TTM	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Aug 31, 2015	Aug 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
Net Income	-3.75	-3.75	-3.11	46.06	99.05	-1.12
Depreciation & Amortization	0.39	0.39	0.45	1	1.19	0.91
Asset Writedown	-	-	0.2	2.1	-	-
Change in Accounts Receivable	-0.12	-0.12	-0.08	0.02	-0.17	-0.02
Change in Accounts Payable	-0.01	-0.01	-0.92	1.22	0.15	-0.36
Change in Other Net Operating Assets	-0.23	-0.23	-3.05	2.71	-0.14	0.09
Other Operating Activities	0.96	0.96	1.03	-61.3	61.64	0.02
Net Cash from Discontinued Operations	0.45	0.45	0.52	-	-	-
Operating Cash Flow	-3.44	-3.44	-5.47	-8.11	161.71	-0.48
Acquisition of Real Estate Assets	-0.74	-0.74	-1.06	-1	-0.57	-0.91
Net Sale / Acq. of Real Estate Assets	-0.74	-0.74	-1.06	-1	-0.57	-0.91
Investment in Marketable & Equity Securities	0.94	0.94	-2.49	1	-4.44	-
Investing Cash Flow	0.19	0.19	-3.55	-0	-5.01	-0.91
Long-Term Debt Repaid	-	-	-	-5.01	-16.13	-0.58
Net Debt Issued (Repaid)	-	-	-	-5.01	-16.13	-0.58
Issuance of Common Stock	9.17	9.17	-	-	-	9.96
Other Financing Activities	-0.76	-0.76	-	-	0	0.24
Net Cash Flow	5.16	5.16	-9.02	-81.12	83.79	8.23
Cash Interest Paid	0.05	0.05	0.01	0.03	1	1.2
Cash Income Tax Paid	1.25	1.25	0.08	3.47	-	-
Levered Free Cash Flow	-	-	-5.51	-3.5	-2.87	0.41
Unlevered Free Cash Flow	-	-	-5.04	-3.5	-2.27	1.16
Change in Net Working Capital	-	-	3.25	-4.02	-0.17	0.01

Source: S&P Capital IQ. Real Estate template. Financial Sources.