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Advanced Emissions Solutions, Inc. (ADES)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities          
Net loss  -8.960.4-20.335.535.527.997.7-30.1
   
Adjustments to reconcile net loss to net cash (used in) from operating activities:          
    Depreciation, amortization, depletion and accretion  6.47.98.57.40.70.81.02.0
    Operating lease expense  2.72.03.63.2    
    Stock-based compensation expense  2.01.92.52.02.52.22.96.9
    Earnings from equity method investments  -3.5-68.7-31.0-69.2-54.2-53.8-45.6-8.9
    Amortization of debt discount and debt issuance costs   0.91.41.70.10.1  
    Other non-cash items, net  0.5-0.20.20.60.30.50.00.3
    Changes in operating assets and liabilities:          
        Prepaid expenses and other assets  -0.9-2.13.2-2.2-0.8-0.41.2-0.1
        Other long-term assets, net  0.2-4.3-1.0-0.3-0.80.01.00.2
        Other current liabilities  1.0-8.3-0.5-0.3-0.9-1.6-3.1-0.8
        Operating lease liabilities  1.53.3      
        Other long-term liabilities  0.0-2.6-3.3-0.3-0.20.2-2.20.6
        Distributions from equity method investees, return on investment  2.322.962.473.95.54.67.95.0
            Net cash (used in) provided by operating activities  -6.126.054.062.3-9.9-11.7-18.3-29.9
   
Cash flows from investing activities          
Acquisition of property, plant, equipment, and intangible assets, net  -8.9-6.2-6.7-7.9-0.5-0.4  
Acquisition of mine development costs     -0.7-62.5  -2.1
Distributions from equity method investees in excess of cumulative earnings  3.651.1  47.248.938.38.7
Proceeds from sale of property and equipment  1.30.9    0.10.9
    Net cash (used in) provided by investing activities  -4.644.4-7.5-13.2-16.548.439.94.3
   
Cash flows from financing activities          
Net proceeds from common stock issuance          
Principal payments on finance lease obligations  -1.2-1.2-1.4-1.4    
Principal payments on Arq Loan          
Dividends paid on common stock  0.0-0.1-5.0-18.3-20.2-15.7  
    Net cash provided by (used) in financing activities  -1.7-17.5-27.7-55.719.5-32.9-15.710.0
   
Supplemental disclosure of non-cash investing and financing activities:          
    Change in accrued purchases for property and equipment  0.50.2      

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