FRONTIER COMMUNICATIONS CORPORATION FTR Cash Flow

Frontier communications corporation (FTR)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows provided from (used by) operating activities:
Net loss
-186,000	-162,000	-345,000	-5,317,000	-87,000	-219,000	-426,000	-18,000	20,000	-1,029,000	-38,000	-662,000	-75,000	-80,000	-80,000	-27,000	-186,000	-103,000	-14,000	-28,000	-51,000	14,000	42,000	38,000	39,000	67,277	35,400	-38,460	50,783	29,199	71,626	21,999	30,490	45,248	22,320	33,844	56,196	46,622	29,684	35,939	43,472
Adjustments to reconcile net loss to net cash provided from (used by) operating activities:
Depreciation and amortization
415,000	420,000	422,000	454,000	484,000	492,000	471,000	486,000	505,000	514,000	539,000	552,000	579,000	562,000	578,000	575,000	316,000	319,000	325,000	335,000	341,000	323,000	261,000	274,000	281,000	282,775	285,701	297,849	303,675	304,044	298,416	307,047	357,300	341,025	351,907	358,986	351,257	352,802	339,894	99,974	101,049
Loss on extinguishment of debt
-	0	0	0	-20,000	1,000	-2,000	0	33,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension settlement costs
103,000	-	-	-	-	-	-	-	-	6,000	15,000	19,000	43,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension/OPEB costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,000	19,000	16,000	-	-	-	2,000	-	-	-	3,000	14,442	13,950	3,590	5,018	3,867	-3,633	15,450	12,403	1,382	5,955	5,281	11,279	15,826	12,065	4,836	7,323
Stock-based compensation expense
1,000	5,000	3,000	4,000	3,000	4,000	5,000	5,000	4,000	4,000	4,000	3,000	3,000	3,000	6,000	7,000	8,000	8,000	7,000	5,000	7,000	5,000	6,000	6,000	6,000	4,439	3,634	5,042	3,885	3,825	5,175	4,057	3,718	3,480	3,052	4,093	3,584	4,543	4,702	2,485	2,743
Amortization of deferred financing costs
8,000	7,000	8,000	6,000	9,000	8,000	9,000	8,000	9,000	7,000	9,000	8,000	9,000	8,000	10,000	7,000	21,000	-3,000	56,000	77,000	61,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other adjustments
-1,000	-	-	-	-	8,000	4,000	11,000	9,000	-	-	-	-	-	-	-	-	-	-	-1,000	11,000	-	-	-10,000	-10,000	8,353	-1,785	-3,858	-1,710	-3,279	1,346	-6,849	-1,537	24,716	-3,415	3,736	2,999	-4,206	-2,443	-5,582	2,159
Deferred income taxes
30,000	78,000	22,000	535,000	-16,000	55,000	3,000	21,000	-12,000	1,099,000	32,000	213,000	41,000	43,000	-8,000	52,000	119,000	4,000	278,000	-148,000	33,000	-47,000	59,000	44,000	22,000	-36,310	24,162	9,015	10,133	-20,707	-32,636	-11,394	-15,764	-67,192	30,914	-23,389	-27,744	95,524	-16,328	-1,848	8,084
Loss on disposal of Northwest Operations
-24,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in accounts receivable
-29,000	-31,000	-18,000	8,000	-7,000	-22,000	-6,000	-28,000	-9,000	39,000	-10,000	-46,000	-105,000	-37,000	-85,000	167,000	-26,000	-3,000	18,000	10,000	-87,000	78,000	-2,000	1,000	-16,000	7,474	-14,272	5,749	-48,951	-23,872	11,755	28,209	-59,905	88,762	13,543	1,291	-30,996	19,790	6,819	7,779	-1,242
Change in accounts payable and other liabilities
110,000	31,000	-139,000	143,000	-157,000	98,000	-167,000	189,000	-261,000	151,000	-196,000	59,000	-312,000	175,000	-288,000	314,000	-134,000	162,000	53,000	39,000	-138,000	37,000	88,000	36,000	-71,000	85,322	-16,163	9,597	-84,756	-17,879	4,976	-33,961	-102,042	-48,231	12,956	-78,883	29,469	-59,965	191,149	-87,665	62,914
Change in prepaid expenses, income taxes and other assets
-2,000	-20,000	6,000	6,000	13,000	-14,000	16,000	19,000	5,000	-71,000	-53,000	39,000	11,000	-	-	-	-	41,000	-207,000	198,000	16,000	13,000	3,000	-12,000	-51,000	69,591	-39,908	90,476	-40,159	-1,974	-6,152	164	-3,438	-3,409	-53,275	-8,434	-6,588	83,574	15,220	-23,912	-24,312
Net cash provided from operating activities
477,000	405,000	246,000	575,000	282,000	603,000	286,000	672,000	251,000	665,000	356,000	529,000	300,000	714,000	321,000	693,000	-52,000	354,000	345,000	367,000	249,000	328,000	301,000	328,000	313,000	420,659	394,634	321,415	359,292	392,188	402,492	375,280	382,513	300,027	408,423	350,117	514,114	336,010	568,600	194,418	123,152
Cash flows provided from (used by) investing activities:
Cash transferred from/(to) escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,212	2	-21,801	11	-54,664	-8,267	-33,664	-5,425	-16,426	-14,222	-9,015	-3,349	-	-	-	-
Capital expenditures
286,000	328,000	318,000	275,000	305,000	245,000	329,000	321,000	297,000	308,000	268,000	263,000	315,000	299,000	403,000	350,000	207,000	185,000	177,000	178,000	170,000	159,000	152,000	126,000	135,000	150,918	157,560	137,513	189,009	177,300	195,034	167,551	208,522	111,792	222,530	210,505	203,534	228,528	159,010	53,423	39,927
The cash outflow towards acquisition and integration related activities. Payment includes finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.
-	-	-	-	-	-	-	-	-	15,000	14,000	4,000	1,000	43,000	11,000	36,000	52,000	52,000	63,000	28,000	10,000	34,000	40,000	32,000	10,000	-	-	-	-	15,329	10,828	12,209	15,731	13,837	43,655	13,408	5,578	19,055	15,583	32,674	29,679
Proceeds on sale of assets
2,000	-	2,000	0	74,000	-	0	1,000	10,000	-	15,000	24,000	70,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Network expansion funded by Connect America Fund - Phase I
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,000	7,000	9,000	15,000	16,000	19,000	6,000	11,958	11,809	7,418	1,815	3,976	854	0	0	-	-	-	-	-	-	-	-
Grant funds received for network expansion from Connect America Fund - Phase I
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,000	58,002	0	0	5,998	17,995	47,986	0	0	-	-	-	-	-	-	-	-
Other
-2,000	-	-	-	-	-1,000	-14,000	8,000	2,000	-18,000	-1,000	-2,000	-3,000	-	-	-	-	-	-	-	-	-5,000	-4,000	-10,000	-13,000	-8,464	-1,815	-1,193	-528	-16,645	166	6,167	5,918	-23,505	-2,939	733	6,556	-3,212	1,594	276	-142
Net cash used by investing activities
-282,000	-314,000	-315,000	-274,000	-231,000	-244,000	-315,000	-328,000	-289,000	-304,000	-266,000	-241,000	-243,000	-314,000	-420,000	-10,266,000	-259,000	8,229,000	-6,850,000	-2,068,000	-189,000	-699,000	-1,695,000	-159,000	-134,000	-86,953	-167,556	-104,182	-184,309	-107,301	-150,629	-152,263	-224,746	-85,698	-249,024	-215,631	-212,319	-244,371	-248,229	-211,891	-69,464
Cash flows provided from (used by) financing activities:
Long-term debt principle payments
5,000	5,000	4,000	4,000	1,995,000	518,000	283,000	87,000	1,627,000	149,000	86,000	1,538,000	38,000	340,000	44,000	45,000	24,000	24,000	24,000	121,000	129,000	15,000	15,000	216,000	14,000	14,452	14,474	1,016,945	517,129	185,481	34,504	522,466	14,502	473,404	966	77,055	969	950	4,331	978	977
Proceeds from long-term debt borrowings
-	0	0	0	1,650,000	0	240,000	0	1,600,000	-	-	-	-	-	-	-	-	0	6,600,000	0	3,000	350,000	1,550,000	0	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving debt
-	0	499,000	75,000	375,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving debt
-	0	0	200,000	275,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing costs paid
-	0	0	14,000	30,000	0	4,000	13,000	26,000	0	0	9,000	6,000	1,000	31,000	1,000	6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid on common stock
-	-	-	-	-	-	-	-	-	47,000	47,000	48,000	124,000	123,000	124,000	123,000	123,000	123,000	122,000	106,000	105,000	100,000	101,000	100,000	100,000	100,178	99,956	100,054	99,812	99,843	99,845	99,851	99,851	186,584	186,588	186,610	186,605	186,347	186,336	78,351	78,355
Dividends paid on preferred stock
-	-	-	-	-	0	54,000	0	53,000	53,000	54,000	53,000	54,000	53,000	54,000	53,000	54,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premium paid to retire debt
-	-	-	-	-	0	0	1,000	16,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligation payments
8,000	-	9,000	9,000	8,000	-	13,000	7,000	10,000	-	5,000	15,000	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid on behalf of employees for shares withheld
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	0	-1,000	-1,000	-3,000	6,000	-3,000	-3,000	-5,000	-4,000	1,000	1,000	-6,000	-	-	-	-	-	-	0	-2,000	0	6,000	-6,000	-2,000	-1,330	-281	-110	-7,279	-8,317	-15,091	5,866	-3,694	-3,620	1,300	2,469	-6,102	-3,707	-588	87	-1,954
Net cash used by financing activities
-13,000	-14,000	485,000	-153,000	-286,000	-243,000	-117,000	-111,000	-137,000	-271,000	-191,000	-242,000	-238,000	-209,000	-253,000	1,404,000	-217,000	-214,000	6,270,000	2,438,000	-233,000	234,000	1,401,000	-322,000	-105,000	-115,171	-114,711	-545,898	-624,220	-57,844	437,612	-178,817	-118,047	-94,052	-186,254	-261,196	-193,676	-191,441	-200,461	-82,467	-81,286
Increase (Decrease) in cash, cash equivalents, and restricted cash
182,000	77,000	416,000	148,000	-235,000	116,000	-146,000	233,000	-175,000	90,000	-101,000	46,000	-181,000	191,000	-352,000	-8,169,000	-528,000	8,369,000	-235,000	737,000	-173,000	-137,000	7,000	-153,000	74,000	218,535	112,367	-328,665	-449,237	227,043	689,475	44,200	39,720	120,277	-26,855	-126,710	108,119	-99,802	119,910	-99,940	-27,598
Cash reclassed to assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,386	-	-	-	0	-	-	-	-	-	-	-	-
Supplemental cash flow information:
Cash paid during the period for:
Interest
163,000	261,000	496,000	187,000	525,000	241,000	550,000	123,000	593,000	175,000	576,000	220,000	577,000	190,000	566,000	187,000	524,000	175,000	195,000	169,000	189,000	192,000	145,000	173,000	146,000	174,573	144,968	180,364	168,095	191,364	116,350	210,247	118,524	205,855	118,917	209,661	119,067	212,196	118,295	71,335	109,528
Income tax payments, net
1,000	-	-	-	-	-	-	-	-	-47,000	-1,000	-6,000	3,000	-155,000	3,000	0	32,000	1,000	7,000	3,000	17,000	34,000	22,000	19,000	-5,000	11,325	-787	82,515	947	622	4,301	161	-369	-16,825	-43,450	18,257	8,946	-	-	-	-