Continental materials corporation (CUO)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Operating activities
Net loss

-13,899

-5,856

1,818

1,818

3,686

-

-

-

-

-

-

Discontinued operations, net of income tax

3,479

846

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

1,413

-5,459

-859

3,389

-1,948

-381

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

1,962

1,472

2,554

2,554

2,436

2,421

2,791

3,028

3,627

4,193

4,586

Write-off of deferred development costs

-

5,409

-

-

-

-

-

-

-

-

-

Impairment of mining property assets

22,492

-

-

-

-

-

-

-

-

-

-

Write-off of overpayment of prepaid royalties

-

627

-

-

-

-

-

-

-

-

-

Provision for future reclamation associated with the Pueblo aggregates deposit

-

-

-

-

-

-

4,000

-

-

-

-

Write-off of deferred development costs associated with Pueblo aggregates deposit

-

-

-

-

-

-

1,257

-

-

-

-

Write-off of prepaid royalties associated with the Pueblo aggregates deposit

-

-

-

-

632

-

401

-

-

-

-

Deferred income tax provision

-4,253

-1,798

-

-

1,533

771

-3,108

-324

957

-1,185

-387

Stock based compensation

204

-

-

-

-

-

-

-

-

-

-

Compensation of Board of Directors paid by issuance of treasury shares

568

315

326

326

152

197

217

204

150

448

268

Provision for doubtful accounts

189

165

134

134

280

63

89

3

164

10

245

Reserve for long-term note receivable - related party

-

-

-

-

-

-

-

352

-

-

-

Reduction in carrying value of real estate held for resale

-

-

-

-

-

-

-

-

73

-

-

Gain on disposition of property and equipment

1,237

-

118

118

287

225

1

70

68

-

-

Changes in working capital items:
Gain on disposition of property and equipment

-

-

-

-

-

-

-

-

-

200

73

Receivables

3,096

1,091

1,970

1,970

-44

2,767

-1,802

3,242

1,749

-1,683

3,208

Inventories

-2,995

-3,961

-286

-286

999

2,170

1,264

365

-1,550

774

328

Prepaid expenses

256

-116

94

94

-331

499

282

28

65

-110

-2

Real estate held for resale

-

-

-

-

-

-

-

-

-

723

-

Prepaid royalties

-

-

-

-

-

-

99

-113

-100

-231

-

Prepaid royalties

-

-

-

-

-

-

-

-

-

-

193

Accounts payable and accrued expenses

5,251

-282

864

864

2,666

1,960

-333

848

335

-1,288

584

Income taxes payable and refundable

-1,903

-436

682

682

-669

394

348

564

-1,504

-281

1,422

Other

-2,965

305

-95

-95

-1,706

-

25

319

85

-257

61

Net cash provided by continuing operations

2,573

2,061

-

-

-

-

-

-

-

-

-

Net cash (used) provided by discontinued operations

-2,138

631

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

435

2,692

4,387

4,387

8,099

1,558

582

317

6,844

-443

2,598

Investing activities:
Capital expenditures by continuing operations

2,693

1,409

-

-

-

-

-

-

-

-

-

Capital expenditures by discontinued operations

172

1,291

-

-

-

-

-

-

-

-

-

Payments for acquisitions

22,521

-

-

-

-

-

-

-

-

-

-

Cash proceeds from sale of discontinued operations

23,679

-

-

-

-

-

-

-

-

-

-

Capital expenditures

-

-

5,781

5,781

4,405

2,303

2,224

2,286

1,833

1,492

885

Real estate held for resale

-

-

-

-

-

-

-

650

-

-

-

Loan to subsidiary executive - related party

-

-

-

-

-

-

-

-

-

352

-

Collection of note received from sale of RMRM

-

-

-

-

-

-

-

-

-

-240

-

Collection of note receivable from sale of RMRM

-

-

-

-

-

-

-

-

-

-

240

Cash proceeds from sale of continuing operations property and equipment

2,593

-

126

126

310

233

1

134

68

207

113

Cash proceeds from sale of discontinued operations property and equipment

-

1,430

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

886

-1,270

-5,655

-5,655

-4,095

-2,070

-2,223

-1,502

-1,765

-1,397

-532

Financing activities:
Borrowings on the revolving bank loan

-

-

32,100

-

27,250

34,350

4,800

-

-

-

-

Borrowings on the revolving bank loan

21,750

33,100

-

32,100

-

-

-

-

-

-

-

Repayments on the revolving bank loan

23,150

34,400

30,600

30,600

31,450

33,950

-

-1,000

8,150

-2,400

100

Repayments of finance lease obligations

80

30

-

-

-

-

-

-

-

-

-

Payments to acquire treasury stock

257

5

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

3,408

500

375

1,252

1,615

Payments to acquire treasury stock

-

-

26

26

50

16

-

125

-

-

-

Refund of cash deposit for self-insured claims

-

-

-

-

-

-

-

-

4,340

500

-

Net cash used by financing activities

-1,737

-1,335

1,474

1,474

-4,250

384

1,392

375

-4,185

1,648

-1,715

Net increase in cash and cash equivalents

-416

87

-

206

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

206

-

-246

-128

-249

-810

894

-192

351

Supplemental disclosures of cash flow items:
Cash paid during the year for:
Interest, net

333

468

403

403

365

412

428

402

588

658

901

Income taxes, net

1,840

50

339

339

1,285

-388

-

-766

2,247

-

-

Contingent consideration from acquisitions

1,540

-

-

-

-

-

-

-

-

-

-

ARO liabilities and assets recognized

22,492

-

-

-

-

-

-

-

-

-

-

Capital expenditures purchased through capital lease obligation

-

200

-

-

-

-

-

-

-

-

-

Right of use assets obtained in exchange for operating lease liabilities

587

-

-

-

-

-

-

-

-

-

-

Income taxes refunded, net

-

-

-

-

-

-

721

-

-

-

-

Exchange of accounts receivable for other long-term asset

-

-

-

-

-

-

854

400

-

-

-

Capital expenditures purchased on account

-

-

-

-

-

-

383

-

-

-

-

Income taxes, net

-

-

-

-

-

-

-

-

-

-261

-1,374