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CERAGON NETWORKS LTD (CRNT)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   20-F20-F20-F20-F20-FS-1/A20-F20-F
Cash flows from operating activities:          
    Net loss  -14.8-17.1-2.323.015.611.41.0-76.5
    Adjustments required to reconcile net loss to net cash from (used in) operating activities:          
        Depreciation and amortization  12.212.99.77.89.210.012.213.5
        Loss from sale of property and equipment  0.1       
        Share-based compensation expense  2.61.72.12.01.21.11.63.3
        Decrease (increase) in accrued severance pay and pensions, net  -0.40.50.30.0    
        Decrease (increase) in trade receivables, net  -11.29.34.5-11.1-6.411.139.5-33.9
        Increase in other accounts receivable and prepaid expenses  -7.0-6.7-2.14.6-0.3 -1.311.3
        Decrease in operating lease right-of-use assets  5.75.15.3     
        Decrease (increase) in inventories  -11.99.9-9.5-1.0-8.64.710.21.8
        Increase (decrease) in trade payables  5.92.0-15.92.34.8-2.4-28.425.2
        Increase in deferred revenues  1.73.04.2-0.72.6-6.2-8.89.7
        Decrease (increase) in deferred tax assets, net  8.3-0.2-0.3-6.60.5 2.09.8
        Decrease in operating lease liability  -4.6-5.1-5.1     
        Increase  -1.61.9-3.82.1-1.5 -11.1-16.3
            Net cash provided by (used in) operating activities  -15.017.2-12.922.517.225.816.1-32.3
   
Cash flows from investing activities:          
    Purchase of property and equipment  -9.4-6.1-11.6-10.3-8.5 -5.3-12.7
    Proceeds from sale of property and equipment  0.2       
    Purchase of intangible assets  -0.2-0.4-3.3-3.4-1.4   
    Proceeds from bank deposits    1.00.0-1.0   
        Net cash used in investing activities  -9.4-6.5-13.9-15.3-10.9-8.2-4.7-7.5
   
Cash flows from financing activities:          
    Proceeds from (repayment of) bank credits and loans, net  9.8-8.614.6 -17.0   
    Proceeds from exercise of stock options  4.71.20.62.60.3 0.1 
        Net cash provided by (used in) financing activities  14.5-7.415.22.6-16.7 -15.838.8
Translation adjustments on cash and cash equivalents  -0.1-0.20.0-0.10.0 -0.70.0
    Increase (decrease) in cash and cash equivalents  -10.03.2-11.69.7-10.5   
Cash and cash equivalents at the beginning of the year  27.123.935.625.936.3   
Cash and cash equivalents at the end of the year  17.127.123.935.625.9 36.3 
   
Supplemental disclosure of cash flow information:          
    Cash paid for income taxes  2.03.03.81.62.5 1.52.6
    Cash paid for interest on bank loans  1.31.11.81.81.8 2.83.5

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