Mackinac Financial (MFNC)
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Fiscal Year End Date: 12/31
| 12-2018 | 09-2018 | 06-2018 | 03-2018 | 12-2017 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 8,367 | 5,002 | 1,933 | 1,537 | 5,479 |
| Depreciation Amortization | 2,607 | 2,560 | 1,298 | 631 | 2,426 |
| Income taxes - deferred | 874 | 1,331 | 511 | 408 | 4,954 |
| Other Working Capital | 7,568 | 792 | 1,225 | -631 | 1,705 |
| Other Operating Activity | 1,215 | 777 | 490 | 175 | 1,180 |
| Operating Cash Flow | $20,631 | $10,462 | $5,457 | $2,120 | $15,744 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -359 | -187 | 140 | 522 | 606 |
| Net Acquisitions | 4,768 | 13,268 | 13,267 | N/A | N/A |
| Purchase Of Investment | -1,989 | -1,989 | -1,063 | N/A | -6,530 |
| Sale Of Investment | 63,404 | 60,245 | 58,760 | 1,336 | 16,341 |
| Net Loans | -6,148 | 2,767 | -7,343 | -1,454 | -33,600 |
| Other Investing Activity | 5,807 | 4,225 | 2,501 | 1,983 | 673 |
| Investing Cash Flow | $65,483 | $78,329 | $66,262 | $2,387 | $-22,510 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 2,905 | 1,472 | 9,000 | 11,000 | 18,250 |
| Debt Repayment | -62,738 | -52,530 | -27,527 | -550 | -12,277 |
| Common Stock Issued | 32,451 | 32,451 | 32,524 | N/A | N/A |
| Dividend Paid | -4,612 | -3,327 | -2,041 | -755 | -3,022 |
| Financing Cash Flow | $-59,383 | $-65,589 | $-44,256 | $-1,506 | $-2,563 |
| Beginning Cash Position | 37,426 | 37,426 | 37,426 | 37,426 | 46,755 |
| End Cash Position | 64,157 | 60,628 | 64,889 | 40,427 | 37,426 |
| Net Cash Flow | $26,731 | $23,202 | $27,463 | $3,001 | $-9,329 |
| Free Cash Flow | |||||
| Operating Cash Flow | 20,631 | 10,462 | 5,457 | 2,120 | 15,744 |
| Capital Expenditure | -2,549 | -2,175 | -1,484 | -548 | -2,377 |
| Free Cash Flow | 18,082 | 8,287 | 3,973 | 1,572 | 13,367 |