Macatawa Bank Corp (MCBC)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-1998 | 12-1997 | |
| Cash Flows From Operating Activities | ||
| Net Income | -2,480 | -160 |
| Depreciation Amortization | 270 | 6 |
| Other Working Capital | -560 | N/A |
| Other Operating Activity | 2,010 | -86 |
| Operating Cash Flow | $-760 | $-240 |
| Cash Flows From Investing Activities | ||
| PPE Investments | -6,710 | N/A |
| Other Investing Activity | -162,390 | -3,180 |
| Investing Cash Flow | $-169,100 | $-3,180 |
| Cash Flows From Financing Activities | ||
| Other Financing Activity | 180,400 | 10,840 |
| Financing Cash Flow | $180,400 | $10,840 |
| Beginning Cash Position | 7,410 | 0 |
| End Cash Position | 17,950 | 7,410 |
| Net Cash Flow | $10,530 | $7,410 |
| Free Cash Flow | ||
| Operating Cash Flow | -760 | -240 |
| Free Cash Flow | -760 | -240 |