Shenandoah Telecommunications Company (SHEN)

SHEN Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	8.04	-8.38	998.83	125.67	55.5
Depreciation & Amortization	65.47	68.9	55.21	48.7	46.79
Share-Based Compensation	10.03	8.53	3.41	5.91	3.37
Other Operating Activities	30.23	5.85	-1,308.38	122.58	153.49
Operating Cash Flow	113.77	74.9	-250.93	302.87	259.15
Operating Cash Flow Growth	51.91%	-	-	16.87%	-2.45%
Capital Expenditures	-256.55	-185.61	-160.1	-136.57	-67.05
Acquisitions	0	0	0	-1.89	-10
Change in Investments	1.9	0	0	0	0
Other Investing Activities	17.96	1.43	1,944	-17.13	-88.29
Investing Cash Flow	-236.69	-184.18	1,784	-155.59	-165.33
Dividends Paid	-4.52	-3.99	-940.26	-16.42	-13.94
Share Issuance / Repurchase	0	0	0	0	-7.23
Debt Issued / Paid	224.02	74.07	-2.03	-0.77	0.04
Other Financing Activities	-1.39	-1.08	-702.18	-36.34	-56.11
Financing Cash Flow	218.11	69	-1,644.47	-53.53	-77.25
Net Cash Flow	95.19	-40.28	-111.05	93.75	16.57
Free Cash Flow	-142.78	-110.72	-411.04	166.3	192.1
Free Cash Flow Growth	-	-	-	-13.43%	-8.09%
Free Cash Flow Margin	-49.68%	-41.41%	-167.61%	75.33%	92.86%
Free Cash Flow Per Share	-2.83	-2.21	-8.22	3.33	3.86

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).