NAVIOS MARITIME ACQUISITION CORP NNA Cash Flow

Navios maritime acquisition corp (NNA)

CashFlow / Yearly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Operating Activities
Net loss
-78,899	62,878	89,737	13,047	-58,592	-3,798	-3,857	-	-
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
56,880	57,617	57,623	67,718	63,880	-	-	-	-
Net loss
-	-	-	-	-	-	-	-13,546	-648
Depreciation and amortization
-	-	-	-	-	49,644	38,638	10,120	0
Amortization and write-off of deferred finance fees and bond premium
3,784	3,656	3,495	9,111	11,615	2,820	-	-	-
Gain on debt repayment
0	350	0	0	-	-	-	-	-
Amortization and write-off of deferred finance fees and bond premium
-	-	-	-	-	-	3,188	3,456	0
Amortization of dry dock and special survey costs
4,198	2,837	1,532	1,979	3,096	2,622	633	0	0
Stock based compensation
57	864	2,362	5,254	1,089	0	0	5,619	0
Impairment loss
-	-	-	11,690	0	0	-	-	-
Gain on sale of vessel
0	11,749	5,771	22,599	-21,098	0	0	-	-
Non-cash settlement received
-	-	-	-	-3,446	0	0	-	-
Change in fair value of other assets
-	-	-	1,188	0	-	-	-	-
Equity/ (loss) in net earnings of affiliates, net of dividends received
-56,923	1,438	3,821	2,000	0	-	-	-	-
Change in fair value of other assets
-	-	-	-	-	0	-	-	-
Equity in earnings of affiliates
-	-	-	-	-	0	-	-	-
Changes in operating assets and liabilities:
(Increase)/ decrease in prepaid expenses and other current assets
2,390	479	-5,067	5,287	-1,523	2,194	1,369	-	-
Share based compensation
-	-	-	-	-	-	-	2,140	0
(Increase)/decrease in prepaid expenses and other current assets
-	-	-	-	-	-	-	3,188	-2
Decrease in accounts receivable
-8,123	6,731	-4,367	9,308	3,338	-1,375	1,999	-4,479	0
(Increase)/ decrease in due from related parties, short-term
-11,116	7,210	0	0	-	-	-	-	-
(Increase)/ decrease in restricted cash
26	-224	41	-642	1,538	-320	451	-288	0
Increase in other long term assets
0	-1,020	1,230	-3,665	4,636	-413	1,310	0	0
Decrease/ (increase) in due from related parties, long-term
12,730	7,638	16,476	-	-	-	-	-	-
Increase in due from related parties, long-term
-	-	-	1,361	0	0	-	-	-
Increase/ (decrease) in accounts payable
-993	2,102	1,246	254	300	256	-2,433	3,398	27
Increase in accrued expenses
1,164	1,245	-293	-1,640	-966	-2,541	6,273	-4,022	106
Payments for dry dock and special survey costs
14,897	3,828	6,598	5,726	242	-2,944	-7,843	0	0
(Decrease)/ increase in due to related parties, short-term
17,107	0	-17,763	15,014	-62,615	35,780	33,797	4,390	-106
Increase/ (decrease) in deferred revenue
-3,475	-75	6,200	-5,656	3,405	400	486	324	0
Decrease in other long term liabilities
-	-	-	-	-204	-276	480	0	0
Net cash (used in)/ provided by operating activities
45,942	92,945	119,636	75,985	-29,571	81,877	64,233	10,300	-623
Investing Activities
Net proceeds from sale of vessel
-	-	-	-	-	-	0	-	-
Investment in affiliate
-	-	-	-	-	0	0	-	-
Loans receivable from affiliates
-13,706	-4,275	-7,327	-4,465	-2,660	0	0	-	-
Loan repayment from affiliated companies
55,132	0	0	-	-	-	-	-	-
Cash paid for assets acquired, net of cash assumed
-	-	-	-	-	-	-	76,428	0
Cash paid for business acquisition, net of cash assumed
-	-	-	-	-	-	-	102,038	0
Acquisition of vessels
-	-	-	-	-	-	-	89,121	0
Acquisition of vessels
0	0	163,791	362,339	288,906	83,253	140,704	89,843	0
Loan receivable from affiliate, net of issuance fee and costs
0	49,342	0	0	-	-	-	-	-
Deposits for vessel acquisitions
-	-	-	-	-	-	78,495	-	-
Decrease in restricted cash
-	-	-	-	10,076	19,416	3,769	-	-
Dividends received from affiliates
11,036	7,223	2,585	0	0	-	-	-	-
Investment in affiliates
84	89	7,201	0	4,750	-	-	-	-
Deposits for vessel acquisitions
-	-	-	11,881	24,907	142,119	-	-	-
Net cash proceeds from sale of vessel
0	89,988	71,224	232,956	17,407	0	-	-	-
Acquisition of intangible assets other than goodwill
-	-	-	-	-	-	10,347	-	-
Decrease in restricted cash
-	-	-	-	-	-	-	-2,335	0
Acquisition of intangible assets other than goodwill
-	-	-	-	-	-	-	0	0
Release from trust account
-	-	-	-	-	-	-	251,493	708
Net cash provided by/ (used in) investing activities
52,378	43,505	-104,510	-145,729	-293,740	-205,956	-225,777	-103,602	708
Financing Activities
Loan proceeds, net of deferred finance costs
49,764	0	192,930	161,932	155,550	-	-	-	-
Loan proceeds, net of deferred finance costs and net of premium
-	-	-	-	-	-	-	556,671	0
Loan proceeds from related party, net of deferred finance cost
-	-	-	165,650	0	5,000	33,209	39,600	0
Deferred underwriter's fee
-	-	-	-	-	-	-	8,855	0
Loan repayment to related party
-	-	-	169,650	35,000	10,000	6,000	27,609	0
Loan proceeds, net of deferred finance costs
-	-	-	-	-	162,813	252,075	-	-
Loan repayments
84,196	105,531	140,861	216,197	100,216	13,744	126,277	412,245	0
Repayment of Senior Notes
-	-	-	-	505,000	0	0	-	-
Proceeds from issuance of ship mortgage and senior notes, net of debt issuance costs
-	-	-	59,598	595,420	-	-	-	-
Net proceeds from warrant exercise
-	-	-	-	-	-	-	74,978	0
Conversion of common stock into cash, upon redemption of common stock
-	-	-	-	-	-	-	99,312	0
Dividend paid
31,614	31,682	40,084	31,871	19,711	9,759	9,790	0	0
Decrease/ (increase) in restricted cash
2,085	-750	-130	17,651	-12,337	-8,685	-1,733	-250	0
Payment to related party
0	0	11,265	0	22,948	0	0	-	-
Net proceeds from equity offerings
-	-	-	54,289	307,542	0	0	-	-
Redemption of convertible shares and puttable common stock
2,500	4,000	5,500	0	0	-	-	-	-
Acquisition of treasury stock
0	0	9,904	0	0	-	-	-	-
Proceeds from issuance of ship mortgage and senior notes, net of debt issuance costs and premium
-	-	-	-	-	0	0	-	-
Net proceeds from equity offering
-	-	-	-	-	-	-	33,402	0
Issuance costs for preferred shares
-	-	-	-	-	-	-	1,805	0
Net cash used in financing activities
-66,461	-141,963	-14,814	41,402	363,300	125,625	141,484	154,575	0
Net increase/ (decrease) in cash and cash equivalents
31,859	-5,513	312	-28,342	39,989	1,546	-20,060	61,273	85
Supplemental disclosures of cash flow information
Cash interest paid, net of capitalized interest
71,966	72,478	70,130	69,255	54,726	-	-	-	-
Cash interest paid, net of capitalized interest
-	-	-	-	-	47,102	40,672	2,933	0
Non-cash investing activities
Preferred stock issued for VLCC transaction costs
-	-	-	-	-	-	-	5,619	0
Preferred stock issued for vessel deposits
-	-	-	-	-	-	-	1,649	0
Capitalized financing costs
-	-	-	-	-	879	766	320	0
Capitalized financing costs
0	0	19	355	472	-	-	-	-
Common units received upon sale of vessels
-	-	-	18,640	0	0	-	-	-
Investment in affiliates received upon sale of vessels
0	0	27,111	145,860	0	-	-	-	-
Costs payable relating to sale of vessel
-	-	-	-	-	-	-	10,745	0
Investment in affiliates received upon sale of vessels
-	-	-	-	-	0	-	-	-
Release from escrow
-	-	-	-	-	-	1,232	-	-
Acquisition of vessels
0	0	914	3,885	-7,198	-	-	-	-
Release from escrow
-	-	-	-	-	-	-	0	0
Due to related party
-	-	-	-	-	-	3,698	480	0
Issuance of Series D Convertible Preferred Stock issued for vessel acquisitions
-	-	-	-	6,000	-	-	-	-
Issuance of Series D Convertible Preferred Stock issued for vessel acquisitions
-	-	-	-	-	6,000	-	-	-
Stock based compensation
57	864	2,362	5,254	1,089	0	0	-	-
Deferred underwriter's fee
-	-	-	-	-	-	-	-	8,855
Restricted cash
-	-	-	-	-	-	-	35,596	0
Deposits for vessel acquisitions
-	-	-	-	-	-	-	174,411	0
Purchase options
-	-	-	-	-	-	-	3,158	0
Debt assumed
-	-	-	-	-	-	-	132,987	0
Long term liabilities
-	-	-	-	-	-	-	3,158	0
Accrued expenses
-	-	-	-	-	-	-	112	0
Total
-	-	-	-	-	-	-	76,908	0
Cash paid, net of cash received of $57
-	-	-	-	-	-	-	76,428	0
Payable to Navios Holdings
-	-	-	-	-	-	-	480	0
Total
-	-	-	-	-	-	-	76,908	0
Cash consideration
-	-	-	-	-	-	-	134,270	0
Equity issuance
-	-	-	-	-	-	-	9,513	0
Total purchase price
-	-	-	-	-	-	-	143,783	0
Vessels
-	-	-	-	-	-	-	419,500	0
Deposits for vessel acquisitions
-	-	-	-	-	-	-	62,575	0
Favorable lease terms
-	-	-	-	-	-	-	57,070	0
Current Assets including cash of $32,232
-	-	-	-	-	-	-	35,716	0
Current liabilities
-	-	-	-	-	-	-	16,387	0
Long-term debt assumed (including current portion)
-	-	-	-	-	-	-	410,451	0
Unfavorable lease terms
-	-	-	-	-	-	-	5,819	0
Fair value of net assets acquired
-	-	-	-	-	-	-	142,204	0
Goodwill
-	-	-	-	-	-	-	1,579	0