Forbes Energy Services Ltd (FESLQ)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2017 | 12-2016 | 12-2015 | 12-2014 | 12-2013 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 1,243 | -109,129 | -46,074 | -8,321 | -13,090 |
| Depreciation Amortization | 34,359 | 53,634 | 56,489 | 56,766 | 56,356 |
| Income taxes - deferred | -32 | 197 | -16,754 | -3,957 | -4,977 |
| Accounts receivable | -7,632 | 8,220 | 55,331 | -2,453 | 8,732 |
| Accounts payable and accrued liabilities | 2,035 | -4,264 | -8,857 | -5,887 | 6,768 |
| Other Working Capital | -1,389 | 25,360 | 41,775 | -791 | 13,486 |
| Other Operating Activity | -43,694 | 12,064 | -45,328 | 11,887 | -10,852 |
| Operating Cash Flow | $-15,110 | $-13,918 | $36,582 | $47,244 | $56,423 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -5,776 | -6,775 | -8,014 | -32,446 | -41,177 |
| Other Investing Activity | 0 | 0 | 2,592 | -1 | 59 |
| Investing Cash Flow | $-5,776 | $-6,775 | $-5,422 | $-32,447 | $-41,118 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | N/A | N/A | 15,000 | N/A | N/A |
| Debt Repayment | 13,366 | -5,722 | -5,564 | -5,083 | -5,306 |
| Common Stock Issued | N/A | N/A | N/A | N/A | 7 |
| Dividend Paid | N/A | -123 | -735 | -735 | -735 |
| Other Financing Activity | -7,452 | -27,636 | -168 | -470 | -481 |
| Financing Cash Flow | $5,914 | $-33,481 | $8,533 | $-6,288 | $-6,515 |
| Beginning Cash Position | 40,297 | 74,611 | 34,918 | 26,409 | 17,619 |
| End Cash Position | 25,325 | 20,437 | 74,611 | 34,918 | 26,409 |
| Net Cash Flow | $-14,972 | $-54,174 | $39,693 | $8,509 | $8,790 |
| Free Cash Flow | |||||
| Operating Cash Flow | -15,110 | -13,918 | 36,582 | 47,244 | 56,423 |
| Capital Expenditure | -8,921 | -8,917 | -9,568 | -37,877 | -42,626 |
| Free Cash Flow | -24,031 | -22,835 | 27,014 | 9,367 | 13,797 |