Asta funding inc (ASFI)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Cash flows from operating activities:
Net income from continuing operations

7,175

4,670

-8,382

4,667

-809

5,133

-

-

-

-

-

(Loss) from discontinued operations

-

-80

-4,620

2,906

1,776

371

-

-

-

-

-

Net income

7,175

4,590

-13,002

7,573

967

5,504

2,415

9,959

10,521

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Net income

-

-

-

-

-

-

-

-

-

3,129

-90,725

Depreciation and amortization

95

62

97

377

319

363

440

380

262

1,291

1,664

Deferred income taxes

-348

1,232

2,619

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-1,972

-6,017

354

57

3,318

4,611

5,310

-8,505

Impairment of consumer receivables acquired for liquidation

225

310

1,129

164

0

19,591

10,990

1,771

721

-

-

Impairments of consumer receivables acquired for liquidation

-

-

-

-

-

-

-

-

-

13,029

-183,500

Stock based compensation

7

106

101

686

1,393

1,822

1,956

1,623

2,055

1,189

984

Unrealized gain on equity securities

57

-

-

-

-

-

-

-

-

-

-

Loss on sale of available-for-sale securities

-

-

-1,011

-63

-155

-143

-252

339

-

-

-

Provision/ (recoveries) for bad debts - personal injury claims

-230

499

0

-

-

-

-

-

-

-

-

Structured settlements - accrued interest

-

-

-

-

-

-

-

0

-

-

-

Structured settlements  gains (losses)

-

-

-

-

-

-

-

0

-

-

-

Unrealized gain on other investments

-

-

-

359

68

0

-

-

-

-

-

Unrealized foreign exchange loss on other investments

-

-

-

-8

-829

0

-

-

-

-

-

Reserve for loss on other investments

-

-

-

-

0

0

-

-

-

-

-

Loss on other investment

-

-

-3,590

-1,000

-

-

-

-

-

-

-

Forgiveness of debt

-

-

552

0

-

-

-

-

-

-

-

Settlement receivable

-

-3,884

0

-

-

-

-

-

-

-

-

Operating lease adjustment

-

-

-

21

0

0

-

-

-

-

-

Forgiveness of non-recourse debt

-

-

-

-

0

26,101

-

0

-

-

-

Loss from equity method investment

-87

750

4,619

10,551

-54

1,931

-

-

-

-

-

Changes in:
Receipt of income tax carry-back claim

-7,894

-

-

-

-

-

-

-

-

-

-

Prepaid and income taxes receivable

2,771

-3,703

8,376

-6,398

6,951

-852

-

-

-

-

-

Prepaid and income taxes receivable

-

-

-

-

-

-

561

1,281

-3,142

47,531

-54,042

Due from third party collection agencies and attorneys

-128

-54

-228

-297

-132

310

-873

-42

-1,444

955

-2,497

Accounts receivable

93

-

-

-

-

-

-

-

-

-

-

Other assets

131

-40

-5,550

1,582

2,814

-326

631

190

771

1,683

268

Accounts payable and accrued expenses

-1,237

-2,665

-

-

-

-

-

-

-

-

-

Other liabilities

-

-

825

1,566

902

-355

-434

-247

1,041

-98

-2,109

Income taxes payable

575

-

-

-

-

-

-

-

-

-

-

Net assets related to discontinued operations

-

710

-1,568

-13,007

-11,021

-7,832

-

-

-

-

-

Net cash provided by operating activities

11,319

4,007

-11,863

-9,318

-21,993

-7,571

16,479

17,598

16,742

68,743

32,996

Cash flows from investing activities:
Purchase of consumer receivables acquired for liquidation

-

-

2,214

8,162

2,110

5,078

3,340

2,495

7,435

7,989

19,552

Principal collected on receivables acquired for liquidation

1,707

2,117

7,624

9,628

15,602

21,076

21,902

29,149

38,360

54,211

71,936

Principal collected on consumer receivable accounts represented by account sales

-

3

197

0

2

113

433

67

235

2,076

-

Purchase of available for sale debt securities and investments in equity securities

134,337

32,569

-

-

-

-

-

-

-

-

-

Effect of foreign exchange on consumer receivables acquired for liquidation

-

-

-

-

-

-

-

-

45

97

-

Principal payments received from collections represented by sales of consumer receivables acquired for liquidation

-

-

-

-

-

-

-

-

-

-

-5,317

Effect of foreign exchange on consumer receivables acquired for liquidation

-

-

-

-

-

-

-

-

-

-

450

Purchase of available-for-sale securities

-

-

13,193

12,019

17,843

20,111

34,171

66,625

14,000

-

-

Proceeds from sale of available for sale debt securities

108,366

-

62,406

16,302

24,178

12,560

33,076

22,656

-

-

-

Purchase of non-controlling interest

-

1,800

0

800

0

0

-

-

-

-

-

Investments in structured settlements  advances

-

-

-

-

-

-

-

0

-

-

-

Investments in structured settlements  receipts

-

-

-

-

-

-

-

0

-

-

-

Proceeds from sale of CBC

-

4,491

0

-

-

-

-

-

-

-

-

Proceeds from note receivable

4,313

1,437

0

-

-

-

-

-

-

-

-

Proceeds from settlement receivable

1,781

1,116

0

-

-

-

-

-

-

-

-

Acquisition of personal injury claims portfolios

-

14,571

0

-

-

-

-

-

-

-

-

Personal injury claims - advances

234

60

4,369

0

-

-

30,963

22,549

-

-

-

Personal injury claims - receipts

6,019

7,091

665

0

-

-

-

-

-

-

-

Change in equity method investment

-131

52,788

-

-

-

-

-

-

-

-

-

Purchase of certificates of deposit

-

-

-

-

-

-

-

45,121

3,980

8,934

-

Proceeds from maturities of certificates of deposit

-

-

-

-

-

-

42,682

11,499

3,854

-

-

Purchase of other investments

-

-

-

-

5,000

0

-

-

-

-

-

Decrease (increase) in equity method investment

-

-

-2,727

-2,720

6,471

-4,737

-

-

-

-

-

Investments in personal injury claims  receipts

-

-

-

-

-

-

13,801

3,953

-

-

-

Capital expenditures

115

38

25

168

1

0

725

638

475

108

187

Change in investing activities related to discontinued operations

-

-1,538

1,793

-8,002

-11,080

-12,122

-

-

-

-

-

Net cash used in investing activities

-12,631

18,467

55,611

-501

-2,723

1,175

42,695

-70,104

16,514

39,159

57,064

Cash flows from financing activities:
Proceeds from exercise of stock options

-

399

0

1,205

476

40

125

610

21

870

1

Purchase of treasury stock

844

-

54,203

11,174

1,751

0

1,579

16,156

70

-

-

Dividends paid

-

35,352

0

-

-

-

-

-

-

-

-

Tax benefit arising from exercise of non-qualified stock options

-

-

-

-

-

-

-

-

-

472

74

Change in restricted cash

-

-

-

-

0

968

120

-57

273

826

917

Dividends paid

-

-

-

-

-

-

1,290

1,144

1,169

1,155

1,427

Distribution to non-controlling interest

-

-

-

-

-

-

621

-

-

-

-

Repayments of non-recourse debt Bank of Montreal, net

-

-

-

-

0

9,659

25,703

10,141

18,879

32,139

90,863

Change in financing activities related to discontinued operations

-

1,387

11,500

15,824

19,316

6,432

-

-

-

-

-

Borrowings of other debt  CBC

-

-

-

-

-

-

-

0

-

-

-

Repayment of other debt  CBC

-

-

-

-

-

-

-

0

-

-

-

Repayments under subordinated debt - related party

-

-

-

-

-

-

-

-

4,386

3,860

-

Net cash provided by financing activities

-844

-33,566

-42,703

5,854

18,042

-2,219

-28,948

-26,888

-24,210

-34,986

-91,298

Foreign currency effect on cash

180

101

-155

0

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-1,976

-10,991

890

-3,965

-6,674

-8,615

-

-

-

-

-

Less: net decrease in cash and cash equivalents classified within assets related to discontinued operations

-

-316

419

300

474

572

-

-

-

-

-

Net (decrease) in cash and cash equivalents

-1,976

-11,307

1,309

-3,665

-6,200

-8,043

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

30,226

-79,394

9,046

72,916

-1,238

Supplemental disclosure of non-cash operating activities:
Interest

-

20

149

0

2,398

1,004

-

-

-

-

-

Interest

-

-

-

-

-

-

1,822

2,570

3,114

4,542

9,082

Income taxes

5,004

-

6,200

307

13,060

3,100

-

2,002

5,647

2,052

5,887

Interest

-

824

3,929

3,252

-

-

-

-

-

-

-

Note receivable

-

5,750

0

-

-

-

-

-

-

-

-

Settlement receivable

-

-3,884

0

-

-

-

-

-

-

-

-

Issuance of unrestricted stock

-

-

404

-

-

-

-

-

-

-

-

Issuance of stock

-

-

404

-

-

-

-

-

-

-

-

Retirement of treasury stock

-

-

-

-

0

17,505

-

0

-

-

-

Structured settlements

-

-

-

-

0

30,436

-

0

-

-

-

Other debt CBC

-

-

-

-

0

23,363

-

0

-

-

-