DIANA CONTAINERSHIPS INC. DCIX Cash Flow

Diana containerships inc. (DCIX)

CashFlow / Yearly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
ScenarioUnspecifiedDomain
Cash Flows used in Operating Activities:
Net income / (loss)
3,819	-149,014	-17,531	3,238	-57,346	5,969	3,630	-2,001
Adjustments to reconcile net income / (loss) to net cash used in operating activities:
Depreciation and amortization of deferred charges (Note 4)
8,147	12,740	13,140	10,309	11,070	12,476	5,937	-
Amortization of deferred financing costs
322	427	268	196	197	197	681	-
Amortization of discount premium (Notes 3 and 5)
6,010	0	0	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	1,454
Amortization of deferred financing costs
-	-	-	-	-	-	-	110
Foreign exchange gains
-	-	-	-	-	-	-	1,051
Amortization of deferred revenue
0	0	50	221	107	112	45	-
Amortization of prepaid charter revenue
0	3,798	8,566	11,610	20,322	12,204	0	-
Impairment losses (Note 4)
8,363	118,861	6,607	0	42,323	0	0	-
Loss / (gain) on vessels' sale (Note 4)
945	-2,899	-8,300	-695	-16,481	0	0	-
Compensation cost on restricted stock awards (Note 7)
1,171	1,119	928	341	371	900	954	1,330
Gain from bank debt write off
42,185	0	0	-	-	-	-	-
Actuarial gain / (loss)
-26	25	-73	68	0	0	-	-
(Increase) / Decrease in:
Accounts receivable, trade
-43	-282	62	157	319	52	125	37
Due from related parties
-	-	-	-	-	-	-398	398
Inventories
-914	-1,123	1,397	343	-1,242	1,374	1,209	623
Prepaid expenses and other assets
-639	1,617	487	714	362	1,877	-8	-
Increase / (Decrease) in:
Prepaid expenses and other assets
-	-	-	-	-	-	-	219
Accounts payable, trade and other
175	-1,236	900	68	-933	755	1,482	436
Due to related parties
-40	0	604	600	-254	339	318	-
Accrued liabilities
995	-291	289	154	-619	741	190	-
Accrued liabilities
-	-	-	-	-	-	-	586
Deferred revenue
331	-539	206	-310	-406	1,180	285	227
Other liabilities
36	50	-48	89	80	0	0	-
Drydock costs
474	540	2,861	0	0	-	-	-
Net Cash used in Operating Activities
-12,653	-11,963	17,445	25,487	31,740	31,346	12,504	-186
Cash Flows provided by Investing Activities:
Vessel acquisitions and other vessel costs
0	194	113,020	60,379	107,864	107,960	79,321	93,531
Proceeds from sale of vessels, net of expenses (Note 4)
5,895	10,618	7,045	8,784	33,665	0	0	-
Acquisition of time charter
0	0	6,000	0	8,500	42,000	0	-
Land acquisition
-	-	-	871	0	-	-	-
Property and equipment additions
15	29	39	29	421	0	-	-
Property and equipment additions
-	-	-	-	-	-	0	-
Insurance settlements
785	179	263	859	1,457	0	0	-
Net Cash provided by Investing Activities
6,665	10,574	-111,751	-51,636	-81,663	-149,960	-79,321	-93,531
Cash Flows used in Financing Activities:
Proceeds from a related party loan (Note 3)
40,000	0	0	-	50,000	0	0	-
Proceeds from an unrelated party loan (Note 5)
35,000	0	148,000	-	-	-	-	-
Proceeds from long term bank debt (Note 7)
-	-	-	0	6,000	92,700	85,000	20,000
Repayments of unrelated parties loans (Note 5)
111,500	19,159	103,263	0	0	-	104,670	330
Issuance of preferred stock, net of expenses (Note 7)
31,989	0	0	-	-	-	-	-
Issuance of common stock, net of issuance costs
-	-	-	96,001	12,356	53,901	121,492	85,281
Payments of financing costs
373	150	3,177	0	0	-	1,382	400
Net Cash used in Financing Activities
4,116	-19,683	41,691	88,467	38,082	108,786	97,073	103,764
Effects of exchange rates on cash
-	-	-	-	-	-	-	1,051
Net decrease in cash and cash equivalents
-1,872	-21,072	-52,615	62,318	-11,841	-9,828	30,256	11,098
SUPPLEMENTAL CASH FLOW INFORMATION
Cash dividends (Note 10)
0	374	739	7,534	29,674	28,545	4,154	-
Restricted cash at beginning of period
9,000	0	870	0	-600	-9,270	787	-787
Related party loan reduction in exchange for preferred shares (Note 3)
3,000	0	0	-	-	-	-	-
Interest payments, net of amounts capitalized
7,724	6,626	5,571	6,106	3,783	2,546	670	155