Dynex capital, inc. (DX)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net loss (income)

-152,668

7,023

33,893

-

-

-

-

-

-

-

17,581

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

-

-

43,099

16,544

27,806

68,069

74,042

39,812

29,472

-

Adjustments to reconcile net loss to cash provided by operating activities:
Decrease (increase) in accrued interest receivable

5,190

1,200

-577

-2,368

1,607

-546

-1,370

10,464

6,504

1,522

1,368

(Decrease) increase in accrued interest payable

5,277

6,574

578

1,413

-204

-600

-347

730

1,086

-129

-448

Loss on derivative instruments, net

-186,949

-3,461

3,044

-5,606

-

-

-

-

-

-

-

Gain on sale of investments, net

-5,755

-23,373

-11,530

-4,238

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

192

871

1,379

782

(Gain) loss on derivative instruments, net

-

-

-

-

-43,128

-53,393

-10,076

-908

-2,825

-

-

Loss on sale of investments, net

-

-

-

-

-978

16,223

-

-

-

-

-

Fair value adjustments, net

-56

52

75

103

69

-

-

-

-

-

-

Loss on sale of investments, net

-

-

-

-

-

-

3,354

8,461

2,096

-

-

Marketable Securities, Realized Gain (Loss)

-

-

-

-

-

-

-

-

-

2,891

-

Gain on sale of investments, net

-

-

-

-

-

-

-

-

-

-

187

Loss on non-recourse collateralized financing

-

-

-

-

-

-

-

-

-1,970

561

-

Fair value adjustments, net

-

-

-

-

-

208

-652

735

2,149

294

-

Amortization of investment premiums, net

133,690

143,036

157,706

150,729

152,308

137,837

128,865

91,622

-

-

-

Other amortization and depreciation, net

1,684

1,232

1,287

1,502

5,338

8,900

7,743

-1,092

-

-

-

Loss (gain) on non-recourse collateralized financing

-

-

-

-

-

-

-

-

-

-

-16

Fair value adjustments, net

-

-

-

-

-

-

-

-

-

-

205

Amortization and depreciation

-

-

-

-

-

-

-

-

32,505

6,180

2,470

Stock-based compensation expense

1,205

1,231

1,954

2,709

2,965

2,719

2,314

1,712

783

626

527

Cash paid for stock appreciation rights

-

-

-

-

-

-

-

-

-

420

-

Cash payments on stock appreciation rights

-

-

-

-

-

-

-

-

-

-

0

Change in other assets and liabilities, net

1,412

4,118

-42

1,047

2,430

-306

6,628

-934

-1,538

-1,769

-463

Net cash and cash equivalents provided by operating activities

175,346

180,560

204,448

210,514

216,951

214,476

208,760

149,388

70,641

30,071

19,631

Investing activities:
Purchase of investments

2,991,311

1,789,272

1,317,959

435,046

1,122,970

599,381

1,419,060

2,639,909

1,606,819

1,112,804

508,109

Principal payments received on investments

537,481

188,898

307,133

448,567

494,275

518,303

913,210

679,635

468,401

-

-

Proceeds from sales of investments

1,033,066

733,064

1,073,093

99,284

449,921

-

-

-

-

-

-

Principal payments received on investments

-

-

-

-

-

-

-

-

-

315,709

117,675

(Increase) decrease in principal receivable on investments

-

-

-

-

-

-

-

-

-

-168

2,604

Proceeds from sales of investments

-

-

-

-

-

503,918

358,090

231,145

184,688

56,585

18,707

Principal payments received on mortgage loans held for investment

2,103

4,210

3,386

4,953

15,570

16,787

15,828

40,830

37,556

54,977

29,084

Payment to acquire interest in limited partnership

-

-

-

-

6,000

4,000

0

0

-

-

-

Proceeds from Limited Partnership Investments

-

-

-

10,835

0

0

-

-

-

-

-

Net payments on derivatives, including terminations

184,920

6,135

-21,986

60,588

39,929

11,415

39,097

0

0

-

-

Other investing activities

121

102

206

37

237

7

-5,891

2,893

-419

297

-18

Net cash and cash equivalents provided by (used in) investing activities

-1,603,702

-869,337

87,433

67,968

-209,370

424,205

-165,138

-1,691,192

-915,755

-685,662

-345,229

Financing activities:
Borrowings under repurchase agreements

102,505,318

105,236,233

84,876,542

40,594,639

23,555,007

22,547,991

29,176,511

-

-

-

-

Repayments of repurchase agreement borrowings

101,020,954

104,534,151

85,209,592

40,805,107

23,458,697

23,115,878

29,160,302

-

-

-

-

Borrowings under (repayments of) repurchase agreements and FHLB advances, net

-

-

-

-

-

-

-

1,470,170

859,610

595,854

364,112

Deferred borrowing costs paid

-

-

-

-

-

-

-

-

0

0

-

Borrowings under non-recourse collateralized financing

-

-

-

-

-

-

-

-

-

50,678

0

Principal payments on non-recourse collateralized financing

-738

-2,094

-938

-2,039

-2,395

-2,167

-17,840

-40,626

-15,296

-43,829

-17,271

Cash paid to redeem securitization financing bond

-

-

-

-

-

-

-

-

23,669

56,406

15,493

Increase in Restricted Cash

-

-

-

-

-

-

13,346

0

0

-

-

Increase in restricted cash

-

-

-

-

-

28,878

-

-

-

-

-

Proceeds from issuance of preferred stock

19,924

1,599

31,350

548

0

0

54,251

55,407

-

-

-

Proceeds from issuance of preferred stock

-

-

-

-

-

-

-

-

0

0

-

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

2,974

Proceeds from issuance of common stock

63,889

41,858

47,182

137

166

252

7,436

123,868

95,282

116,850

12,873

Cash paid for stock issuance costs

185

10

61

201

0

0

-

-

-

-

-

Payments for Repurchase of Common Stock

25,034

0

0

310

41,171

0

6,934

921

0

0

-

Payments related to tax withholding for stock-based compensation

296

364

521

485

557

507

545

0

0

-

-

Dividends paid

68,042

52,790

47,532

51,900

61,016

64,880

69,332

59,061

40,873

18,893

15,759

Net cash and cash equivalents (used in) provided by financing activities

1,473,882

690,281

-303,570

-264,718

-8,663

-664,067

-30,101

1,548,837

875,054

644,254

331,436

Net (decrease) increase in cash, cash equivalents, and restricted cash

45,526

1,504

-11,689

13,764

-1,082

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-25,386

13,521

7,033

29,940

-11,337

5,838

Supplemental Disclosure of Cash Activity:
Cash paid for interest

108,986

53,205

35,851

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

24,033

19,260

19,445

33,517

34,035

22,110

14,568

16,293