American shared hospital services (AMS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
OPERATING ACTIVITIES
Net income

1,430

1,630

2,940

2,250

-576

-562

-113

813

1,489

806

466

Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization

7,411

6,818

6,677

6,327

6,190

6,383

6,410

6,096

6,272

6,001

6,492

Loss on disposal of assets

0

0

-15

0

0

1

-20

-3

72

0

-1

Non cash lease expense

256

0

0

-

-

-

-

-

-

-

-

Loss on early extinguishment of debt

-

-

-

-108

0

0

-

-

-

-

-

Loss on write down investment in equity securities

0

0

579

0

2,140

0

0

-

-

-

-

Amortization of accrued interest on lease financing

0

0

80

0

0

-

-

-

-

-

-

Loss on sale of subsidiary

-

-

-

-

-

-572

0

0

-

-

-

Deferred income taxes

-444

48

-1,266

772

298

76

59

25

76

168

409

(Gain) on foreign currency transactions

-

-

-

-

-

161

-1,174

132

-27

0

-

Accrued interest on lease financing

29

39

33

414

0

0

-

-

-

-

-

Stock-based compensation expense

230

223

323

215

226

138

88

74

125

110

135

Interest expense associated with lease liabilities

76

0

0

-

-

-

-

-

-

-

-

Other non-cash items

-

-

-

-4

31

-107

0

0

-

-

-

Changes in operating assets and liabilities:
Receivables

1,187

420

860

1,230

-178

-1,069

643

-655

961

-76

-573

Prepaid expenses and other assets

-260

231

793

283

52

-11

-58

316

1,063

76

110

Accounts payable, accrued liabilities and deferred revenue

-28

-115

-125

199

-175

859

-

-

-

-

-

Lease liability

-332

0

0

-

-

-

-

-

-

-

-

Income taxes payable

130

0

0

-

-

-

-

-

-

-

-

Net insurance proceeds receivable

-160

160

0

0

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

1,023

-349

957

99

-262

Net cash from operating activities

-

-

-

-

-

6,773

8,076

6,869

-

-

-

Net cash from operating activities

8,047

8,062

7,853

8,378

8,548

-

-

-

6,850

7,184

7,704

INVESTING ACTIVITIES
Payment for purchase of property and equipment

990

1,577

803

1,042

900

5,212

1,710

6,634

5,613

315

1,145

Proceeds from insurance

0

51

0

0

-

-

-

-

-

-

-

Investment in equity securities

-

-

-

-

10

8

14

31

-

-

-

Investment in equity securities

-

-

-

-

-

-

-

-

39

-

-

Proceeds from sale of equipment

0

0

150

0

0

-

-

-

-

-

-

Proceeds from sale of subsidiary

-

-

-

-

-

768

0

0

-

-

-

Net cash (used in) investing activities

-

-

-

-

-

-4,452

-1,724

-6,665

-

-

-

Net cash (used in) investing activities

-990

-1,526

-653

-1,042

-910

-

-

-

-5,652

-315

-10,145

FINANCING ACTIVITIES
Principal payments on long-term debt

1,980

2,467

2,314

2,968

2,058

3,263

3,523

6,818

3,889

5,381

6,808

Principal payments on finance leases

4,142

4,089

4,954

4,171

4,026

4,429

3,476

3,732

2,983

2,784

1,631

Proceeds from long-term debt financing on property and equipment

-

-

-

-

-

2,625

1,298

9,219

-

-

-

Proceeds from certificate of deposit

-

-

-

-

-9,000

0

0

-

-

-

-

Long term debt financing on property and equipment

-

-

-

-

-

-

-

-

6,980

928

811

Proceeds from capital lease financing on property and equipment

-

-

-

-

-

-

-

-

-

1,000

0

Advances on line of credit

-

-

-

-

-

1,140

369

1,300

350

600

2,100

Payments on line of credit

-

-

-

-

8,780

1,200

79

600

1,000

0

700

Capital contributions from non-controlling interests

-

-

-

7

46

117

-

217

1,509

-

-

Capital contributions from non-controlling interests

-

-

-

-

-

-

184

-

-

-

-

Capital contributions from non-controlling interests

-

-

-

-

-

-

-

-

-

0

-

Distributions to non-controlling interests

939

690

666

699

670

951

792

780

996

627

513

Proceeds from warrants and options exercised

42

0

115

220

0

0

-

-

-

-

-

Private placements of common stock

-

-

-

-

-

1,800

0

-

-

-

-

Private placements of common stock

-

-

-

-

-

-

-

0

-

-

-

Investment in subsidiaries by non-controlling interests

-

-

-

-

-

-

-

-

-

0

0

Investment in certificate of deposit

-

-

-

-

-

-

-

-

-

-

9,000

Common stock repurchase

-

-

-

-

-

2

0

28

0

0

271

Principal payments on short-term financing

-51

0

0

1,137

0

0

-

-

-

-

-

Reclassification of restricted cash

-

-

-

-

0

0

-

-

-

-

-

Proceeds from promissory notes

-

-

-

-

-

1,000

0

0

-

-

-

Net cash (used in) financing activities

-

-

-

-

-

-3,163

-6,019

-1,222

-

-

-

Effect of changes in foreign exchange rates on cash

-

-

-

-

-

-

-

2

-27

-

-

Net cash (used in) financing activities

-7,070

-7,246

-7,819

-6,474

-6,488

-

-

-

-29

-6,264

-7,012

Net change in cash, cash equivalents, and restricted cash

-

-

-

862

1,150

-842

333

-1,018

1,169

605

-9,453

Net change in cash and cash equivalents

-13

-710

-619

-

-

-

-

-

-

-

-

Effect of changes in foreign exchange rates on cash

-

-

-

-

-

-8

12

-

-

-

-

SUPPLEMENTAL CASH FLOW DISCLOSURE
Cash paid for interest

1,318

1,612

1,574

2,150

1,670

-

-

-

-

-

-

Interest

-

-

-

-

-

2,070

2,116

2,352

2,503

2,446

2,352

Cash paid for income taxes

397

459

126

266

25

41

44

158

90

88

31

SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES
Acquisition of equipment with lease financing

1,293

1,679

2,153

8,878

1,343

3,709

3,478

264

-

-

-

Acquisition of equipment with long-term debt financing

0

1,853

992

570

1,016

-

-

-

-

-

-

Acquisition of insurance with short-term financing

526

0

0

-

-

-

-

-

-

-

-

Interest capitalized to property and equipment

110

115

138

-

-

-

-

-

-

-

-

Insurance proceeds receivable and due

0

977

0

0

-

-

-

-

-

-

-

Right of use assets and lease liabilities

1,362

-

-

-

-

-

-

-

-

-

-

Acquisition of equipment with long-term debt financing

0

1,853

992

570

1,016

-

-

-

-

-

-

Warrants issued with promissory notes

-

-

-

-

-

145

0

0

-

-

-

Acquisition of equipment with capital lease financing

-

-

-

-

-

700

0

0

-

-

-

Equipment relieved in sale of subsidiary

-

-

-

-

-

-4,921

0

0

-

-

-

Other assets relieved in sale of subsidiary

-

-

-

-

-

-826

0

0

-

-

-

Debt relieved in sale of subsidiary

-

-

-

-

-

5,181

0

0

-

-

-

Other liabilities relieved in sale of subsidiary

-

-

-

-

-

14

0

0

-

-

-

Net equity relieved in sale of subsidiary

-

-

-

-

-

1,351

0

-

-

-

-

Net equity releived in sale of subsidiary

-

-

-

-

-

-

-

0

-

-

-

OCI released to net income in sale of subsidiary

-

-

-

-

-

-779

0

0

-

-

-

Investment released to net income in sale of subsidiary

-

-

-

-

-

-1,360

0

0

-

-

-

Acquisition of equipment with capital lease financing

-

-

-

-

-

-

-

-

6,400

9,706

4,716