Lakeland Financial Corporation (LKFN)

Lakeland Financial Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	92.89	93.77	103.82	95.73	84.34	87.05
Depreciation & Amortization	6.17	6.17	6.02	6.11	6.04	5.93
Share-Based Compensation	2.17	2.94	7.3	6.83	1.72	3.66
Other Operating Activities	10.1	11.11	52.21	5.1	-4.87	3.4
Operating Cash Flow	111.33	113.98	169.34	113.77	87.23	100.04
Operating Cash Flow Growth	-25.32%	-32.69%	48.85%	30.43%	-12.81%	-4.70%
Capital Expenditures	-5.37	-5.98	-4.82	-6.16	-5.06	-7.98
Change in Investments	-162.02	-48.7	-610.9	-325.62	-697.84	-156.64
Other Investing Activities	0.24	-0.26	-10.81	0.23	-9.12	-4.07
Investing Cash Flow	-167.15	-54.93	-626.52	-331.55	-712.02	-168.69
Dividends Paid	-47.64	-47.09	-40.84	-34.64	-30.57	-29.64
Share Issuance / Repurchase	-0.19	-0.17	-0.36	-0.44	-10.43	-0.4
Debt Issued / Paid	0	-247	222	-10.5	-84.5	-106.48
Other Financing Activities	97.82	256.76	-276.58	696.68	900.84	87.63
Financing Cash Flow	49.99	-37.51	-95.78	651.09	775.34	-48.89
Net Cash Flow	-5.83	21.54	-552.96	433.31	150.55	-117.54
Free Cash Flow	105.96	108	164.53	107.61	82.17	92.06
Free Cash Flow Growth	-26.01%	-34.36%	52.89%	30.96%	-10.74%	-5.55%
Free Cash Flow Margin	43.77%	44.81%	69.90%	48.53%	42.12%	46.77%
Free Cash Flow Per Share	4.13	4.22	6.45	4.22	3.23	3.60

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).