Hannon armstrong sustainable infrastructure capital, inc. (HASI)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'12
Cash flows from operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

92,622

81,920

44,777

52,176

56,734

41,798

36,106

27,507

22,565

31,035

32,065

27,437

18,801

14,756

12,579

11,375

9,084

8,034

7,254

7,713

9,104

9,770

0

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Provision for loss on receivables

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on derivative instrument

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Depreciation and amortization

3,352

3,593

3,658

4,005

4,546

4,526

-2,416

-194

1,921

3,550

11,835

10,143

8,617

7,658

6,584

5,962

4,972

3,950

3,533

3,094

3,333

2,631

0

0

0

0

Amortization of deferred financing costs

6,858

6,435

7,909

8,964

9,785

10,727

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Equity-based compensation

14,130

14,160

12,570

11,830

11,799

10,066

10,834

10,976

10,580

11,304

10,953

10,687

10,615

10,054

10,365

10,535

10,448

10,641

9,288

8,243

6,938

5,187

0

0

0

0

Equity method investments

27,502

34,392

-5,626

-2,614

2,716

-4,312

-5,360

-4,764

-2,424

7,746

10,514

6,569

557

-781

-506

-162

-265

-98

0

0

0

-

-

-

-

0

Gain (Loss) on Securitization of Financial Assets

64,409

56,717

21,954

18,070

25,082

25,728

33,128

33,863

31,948

28,915

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of receivables and investments

0

-

-

-

0

-

-

-

-

-2,137

-1,121

2,304

-2,599

2,015

-360

-277

4,179

3,120

0

0

0

-

-

-

-

-

Changes in receivables held-for-sale

-

-

-

-

-

-12,685

-772

6,481

6,581

3,338

5,644

40,822

40,822

46,204

36,543

1,522

1,477

11,002

-1,712

-1,914

-1,869

25

0

0

0

-

Noncash gain on securitizations and payment in kind income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Amortization of servicing assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Change in securitization residual assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Changes in accounts payable and accrued expenses

3,178

5,184

-343

1,205

-1,537

6,882

876

-3,261

-451

-327

-66

2,762

-206

3,312

3,448

2,113

3,016

-1,029

-126

-5,938

-5,660

-3,201

0

0

0

0

Other

21,851

11,962

20,646

16,747

15,317

15,720

16,452

11,682

7,249

5,604

3,412

7,673

13,323

12,983

10,055

8,045

7,798

7,184

6,947

6,777

3,312

2,493

0

0

0

0

Net cash provided by (used in) operating activities

37,691

29,489

60,584

64,764

56,899

58,793

20,054

12,587

11,820

11,717

27,308

60,427

52,233

56,855

47,727

12,933

13,412

18,519

3,342

-4,252

-2,415

5,123

0

0

0

0

Cash flows from investing activities
Equity method investments

282,525

152,096

120,894

106,905

86,797

76,349

6,767

18,621

135,155

232,811

276,409

264,605

156,808

60,774

0

0

0

-

-

-

-

-

-

-

-

-

Investments in equity method affiliate, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Equity method investment distributions received

100,796

71,183

64,449

69,365

85,303

88,160

94,765

97,695

84,654

75,114

64,615

54,739

46,726

48,870

46,012

38,568

34,955

25,307

0

0

0

-

-

-

-

0

Purchases of and investments in receivables

505,107

497,866

453,030

386,648

311,823

292,834

138,800

33,706

79,097

111,161

164,097

274,558

259,874

300,511

290,134

211,137

346,483

289,906

326,104

305,491

197,980

227,075

0

0

0

0

Principal collections from receivables

74,601

57,670

365,524

365,174

357,026

345,956

38,882

59,881

76,535

98,482

100,623

114,476

139,992

116,432

115,646

77,204

39,570

70,093

0

0

0

-

-

-

-

-

Proceeds from sales of receivables

116,048

134,932

134,932

96,690

26,919

0

-318

27,468

66,773

78,857

84,101

62,335

22,935

39,978

69,513

85,034

108,732

92,456

0

0

0

-

-

-

-

-

Principal collections from financing receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Purchases of real estate

-

-

-

-

-

-

-

-

-

170,982

149,681

129,311

117,220

17,693

11,870

11,745

33,700

42,913

0

0

0

-

-

-

-

-

Purchases of investments

54,958

45,830

28,423

33,840

28,291

25,308

26,123

17,508

15,835

22,115

20,559

18,993

28,577

31,335

38,353

36,495

41,512

33,648

0

0

0

-

-

-

-

-

Principal collections from investments

6,349

6,626

6,934

8,580

5,833

5,252

6,308

3,190

4,429

3,733

1,537

2,136

1,139

1,768

1,533

1,190

1,989

8,919

9,087

8,848

10,079

1,784

0

0

0

-

Proceeds from sales of investments and securitization assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,995

0

0

0

-

-

-

-

-

Funding of escrow accounts

17,796

28,953

34,893

39,802

37,194

34,980

35,373

59,131

47,268

37,613

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Withdrawal from escrow accounts

24,035

30,707

33,174

40,238

32,406

33,108

43,157

30,646

24,633

15,986

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Proceeds from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Other

-1,925

-1,959

-3,122

-1,979

139

505

1,691

-3,143

-28,194

1,414

669

5,015

30,701

1,280

-971

1,314

-1,309

1,078

0

0

0

-

-

-

-

-

Net cash provided by (used in) investing activities

-273,185

-201,141

89,366

100,632

51,543

50,800

-64,735

31,240

-50,221

-297,880

-383,575

-458,796

-368,474

-190,631

-253,370

-211,822

-417,318

-349,046

-449,207

-417,756

-301,409

-357,203

0

0

0

0

Cash flows from financing activities
Proceeds from nonrecourse debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Principal payments on nonrecourse debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from credit facilities

201,000

101,500

114,345

220,345

198,283

171,783

183,938

57,938

67,000

302,612

314,612

468,112

452,712

307,900

342,200

249,965

363,886

308,086

389,287

378,022

305,501

310,501

0

0

0

-

Principal payments on credit facilities

330,887

328,465

365,689

177,105

48,529

46,604

132,327

346,976

403,549

515,777

496,927

321,623

367,868

271,968

363,175

424,741

363,170

376,455

0

0

0

-

-

-

-

0

Proceeds from issuance of non-recourse debt

133,003

130,988

52,309

55,884

52,226

69,255

232,613

397,816

525,860

609,332

0

0

0

-

-

-

-

405,765

0

0

0

-

-

-

-

-

Principal payments on non-recourse debt

255,013

206,705

462,498

431,591

396,930

390,537

142,086

113,822

92,443

79,459

58,893

55,372

66,391

69,097

64,507

62,601

51,347

46,602

45,939

63,422

67,995

55,570

0

0

0

-

Payments on deferred funding obligations

-

-

-

-

-

73,946

90,933

107,897

111,409

124,785

113,685

96,254

70,516

65,741

73,250

75,466

80,609

82,838

75,670

67,583

87,707

67,354

0

0

0

-

Net proceeds of common stock issuances

206,755

138,383

268,587

268,602

233,653

187,265

13,909

13,832

29,059

96,899

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Redemption of OP units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Payments of dividends and distributions

90,251

86,406

82,165

77,785

73,901

70,989

70,669

70,491

69,990

68,234

63,708

59,180

53,765

49,481

44,930

40,374

35,961

31,591

28,140

19,616

17,432

13,864

0

0

0

-

Withholdings on employee share vesting

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-13,914

-18,932

-27,731

-20,798

-20,285

-14,644

-12,308

-19,672

-22,380

-25,392

-24,056

-16,118

-15,560

-12,863

-19,412

-21,754

-17,696

-17,250

0

0

0

-

-

-

-

-

Net cash provided by (used in) financing activities

329,669

218,885

-17,893

-193,241

-118,858

-168,417

-17,863

-39,272

72,148

345,196

418,099

459,591

335,830

113,704

260,672

209,630

389,728

339,601

377,710

367,065

291,783

340,511

0

0

0

0

Increase (decrease) in cash, cash equivalents, and restricted cash

94,175

47,233

132,057

-27,845

-10,416

-58,824

-62,544

4,555

33,747

59,033

61,832

61,222

19,589

-20,072

55,029

10,741

-14,178

9,074

-68,155

-54,943

-12,041

-11,569

0

0

0

0

Return of capital on Series A Participating Preferred Units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Distributions to non-controlling interest holders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Distributions on Series A Participating Preferred Units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Interest paid

58,610

48,056

61,082

66,767

69,533

72,078

66,816

61,061

54,766

48,865

42,731

39,550

40,065

37,858

33,622

30,676

28,777

24,111

21,700

19,500

14,066

13,213

0

0

0

0

Non-cash changes in deferred funding obligations and non-recourse debt (financing activity)

-

-

-

-

-

-

-

-

-

101,324

273,620

290,559

181,816

127,630

0

0

0

-

-

-

-

-

-

-

-

-

Non-cash changes in receivables and investments (investing activity)

-

-

-

-

-

-

-

-

-

-85,933

-275,355

-292,065

-197,235

-142,551

0

0

0

-

-

-

-

-

-

-

-

-

Non-cash changes in residual assets (investing activity)

-53,335

-61,001

-27,416

-31,252

-26,952

-25,827

12,694

-833

-16,793

-28,777

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-