Seaboard Corporation SEB Cash Flow

Seaboard corporation (SEB)

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
Cash flows from operating activities:
Net earnings (loss)
-103,000	175,000	-7,000	58,000	57,000	-90,000	34,000	7,000	32,000	22,000	81,000	59,000	84,000	104,000	75,000	80,000	55,000	104,000	3,000	32,000	33,000	119,478	104,680	95,393	48,449	84,852	31,365	40,026	57,757	76,263	74,633	49,692	82,000	78,411	35,089	113,364	116,693
Adjustments to reconcile net earnings (loss) to cash from operating activities:
Depreciation and amortization
36,000	35,000	35,000	34,000	34,000	33,000	34,000	35,000	32,000	30,000	32,000	29,000	27,000	28,000	25,000	26,000	23,000	22,000	23,000	22,000	24,000	22,678	23,265	23,094	22,963	22,818	23,669	23,442	23,071	22,698	23,185	23,197	21,136	21,112	19,694	20,143	20,274
(Gain) loss from sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-256	495	1,392	1,144	-3,537	2,138	4,255	2,367	3,392	1,090	1,861	-	-	-	-
Deferred income taxes
-64,000	-46,000	-17,000	1,000	7,000	-22,000	-1,000	-4,000	7,000	-5,000	27,000	7,000	10,000	-	-	-	-	23,000	-13,000	-12,000	-8,000	11,310	1,328	10,490	2,872	14,298	13,424	3,614	-1,336	-10,455	3,584	-16,398	-1,291	16,000	-1,994	-8,667	-6,897
Pay-in-kind interest and accretion on notes receivable from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	4,000	5,000	4,000	4,489	3,976	3,907	3,628	4,172	3,397	3,320	3,111	3,189	2,989	2,940	2,818	2,782	2,660	2,621	2,521
Loss from affiliates
-4,000	8,000	-15,000	-16,000	-18,000	-4,000	-18,000	-16,000	-6,000	3,000	-3,000	-8,000	1,000	27,000	21,000	11,000	22,000	31,000	16,000	12,000	11,000	11,707	9,892	8,757	6,644	8,386	-4,989	-4,547	-2,850	9,004	2,318	9,816	9,569	17,771	-2,677	5,365	6,162
Dividends received from affiliates
5,000	3,000	5,000	0	2,000	3,000	17,000	1,000	2,000	0	5,000	7,000	12,000	22,000	23,000	7,000	1,000	33,000	18,000	8,000	10,000	12,177	0	735	1,088	-129	0	437	10,692	189	0	289	307	-	-	-	-
Other investment loss (income), net
-225,000	73,000	2,000	37,000	113,000	-167,000	40,000	12,000	-37,000	58,000	54,000	28,000	37,000	27,000	29,000	8,000	5,000	17,000	-26,000	-3,000	7,000	1,630	-2,990	2,787	573	4,726	3,020	-1,932	2,186	2,141	3,830	-969	3,459	4,060	-6,437	286	2,340
Other, net
-5,000	-	-	-	-	11,000	-14,000	-3,000	1,000	-1,000	2,000	6,000	2,000	4,000	-2,000	-12,000	1,000	-3,000	0	-1,000	-1,000	2,265	1,361	-640	14	-194	-915	51	58	-1,274	93	-1,593	-840	1,020	-187	-1,437	-225
Changes in assets and liabilities:
Receivables, net of allowance for credit losses
48,000	99,000	-18,000	40,000	-37,000	50,000	-2,000	-78,000	88,000	26,000	14,000	1,000	-29,000	24,000	39,000	-40,000	-41,000	58,000	-32,000	-39,000	-106,000	96,718	-20,421	35,873	-105,170	83,331	44,240	43,450	-17,021	-200	51,193	-20,425	36,015	5,488	8,257	-21,863	96,552
Inventories
102,000	56,000	42,000	-116,000	170,000	-72,000	17,000	91,000	-2,000	-46,000	108,000	-119,000	78,000	-20,000	108,000	-46,000	-48,000	65,000	34,000	-46,000	-18,000	6,029	23,606	78,887	-27,522	-76,739	37,553	-86,365	89,551	-54,928	203,563	-86,399	2,707	-11,288	38,703	77,055	14,261
Other assets
1,000	4,000	6,000	-37,000	5,000	47,000	-9,000	-9,000	-42,000	-2,000	-1,000	9,000	2,000	-5,000	-15,000	17,000	-9,000	-3,000	-5,000	4,000	10,000	-20,219	2,261	18	-6,060	421	3,981	11,014	-2,416	-15,592	32,338	5,331	-3,910	-25,206	4,490	-6,722	-58,418
Current liabilities, exclusive of debt
-63,000	180,000	31,000	-45,000	26,000	-32,000	32,000	18,000	-67,000	-18,000	52,000	-4,000	-53,000	-3,000	109,000	-45,000	-38,000	35,000	59,000	12,000	-31,000	21,984	27,744	55,094	-60,822	22,233	-24,828	-33,212	-37,193	-23,095	181,073	-37,132	-27,600	47,039	4,602	36,947	-125,463
Other, net
-	-	-	-	-	-	-	-	4,000	-	-2,000	2,000	5,000	9,000	-33,000	-1,000	6,000	-1,000	3,000	11,000	2,000	5,750	10,110	4,221	2,919	1,143	-2,262	295	2,824	8,094	6,948	6,534	3,989	19,930	11,576	3,788	3,701
Net cash from operating activities
-106,000	101,000	31,000	146,000	-107,000	72,000	102,000	56,000	8,000	47,000	21,000	183,000	-6,000	128,000	53,000	129,000	117,000	50,000	102,000	141,000	123,000	90,734	80,353	58,943	143,970	119,968	-41,382	67,473	-21,059	128,743	-10,293	116,391	26,862	188,261	28,276	58,344	-54,885
Cash flows from investing activities:
Purchase of short-term investments
200,000	163,000	130,000	156,000	577,000	445,000	349,000	82,000	254,000	347,000	73,000	156,000	191,000	338,000	54,000	128,000	171,000	645,000	362,000	88,000	225,000	174,098	355,638	138,253	429,011	131,915	88,303	179,161	212,621	170,300	167,921	196,966	237,924	107,308	26,139	61,320	38,664
Proceeds from the sale of short-term investments
284,000	211,000	145,000	235,000	382,000	524,000	52,000	78,000	537,000	178,000	158,000	72,000	198,000	249,000	39,000	175,000	247,000	92,000	268,000	47,000	119,000	33,706	311,585	203,883	326,826	84,544	201,613	164,247	174,596	225,997	228,233	106,581	194,330	80,882	38,633	34,308	67,000
Proceeds from the maturity of short-term investments
17,000	11,000	10,000	11,000	153,000	21,000	11,000	12,000	9,000	17,000	6,000	11,000	25,000	15,000	9,000	5,000	5,000	5,000	8,000	12,000	4,000	12,206	2,456	2,300	1,038	1,730	626	2,888	756	9,616	7,084	10,177	9,816	4,222	3,060	7,988	3,985
Capital expenditures
55,000	88,000	105,000	73,000	83,000	67,000	37,000	22,000	36,000	55,000	40,000	42,000	36,000	30,000	32,000	33,000	63,000	43,000	28,000	40,000	28,000	26,335	26,452	30,183	38,030	39,057	28,807	47,248	34,888	46,537	44,162	39,087	28,969	33,485	73,774	37,460	39,029
Proceeds from sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,000	1,000	44,000	-	-	-	-	5,361	387	576	1,676	4,448	662	3,626	6,264	5,307	4,760	3,170	2,669	-	-	-	-
Acquisition of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,825	-	-	-	-
Cash paid for acquisition of business
-	-	-	-	-	-	0	0	270,000	-	40,000	0	14,000	-	66,000	0	148,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in and advances to affiliates, net
5,000	-	-	-	-	0	9,000	0	17,000	0	23,000	39,000	25,000	16,000	18,000	13,000	24,000	41,000	28,000	32,000	18,000	8,917	20,297	1,745	41	1,249	25,838	4,048	7,865	15,606	2,530	3,160	3,631	3,301	8,881	2,714	3,637
Notes receivable issued to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	0	0	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments received on notes receivable from affiliates
-	-	-	-	-	-	-	0	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-272	0	41	81,231	0	575	0	564	-	-	-	-
Purchase of long-term investments
35,000	24,000	5,000	3,000	6,000	4,000	9,000	5,000	3,000	3,000	3,000	4,000	2,000	12,000	6,000	4,000	9,000	2,000	4,000	19,000	3,000	667	0	43	2,290	-32	953	501	2,578	3,160	104	4,479	2,046	-	-	-	-
Other, net
-	12,000	-2,000	-4,000	-4,000	2,000	-5,000	-2,000	-1,000	-	-	-	-	-	-	-	-	8,000	-11,000	-5,000	9,000	-243	-2,827	394	-324	1,684	7,698	-4,504	-2,878	3,740	641	-369	-176	-702	-528	-65	-99
Net cash from investing activities
6,000	-58,000	-69,000	1,000	-127,000	37,000	-340,000	-17,000	-29,000	-50,000	-15,000	-156,000	-45,000	-139,000	-121,000	17,000	-131,000	-618,000	-135,000	-91,000	-160,000	-156,716	-4,917	36,141	-139,508	-78,624	48,503	-55,652	7,773	-76,168	26,132	-123,395	-67,840	-72,863	-99,756	-385	-10,246
Cash flows from financing activities:
Lines of credit, net
96,000	-	-	-	104,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable to banks, net
-	-	-	-	-	-	-	-47,000	39,000	-	-43,000	2,000	21,000	-23,000	29,000	-49,000	18,000	50,000	2,000	-18,000	49,000	48,815	-7,872	-8,020	-15,923	13,980	-9,800	13,909	22,911	4,904	-6,447	-9,229	23,364	-87,781	12,020	-28,981	42,232
Proceeds from long-term debt
4,000	7,000	5,000	17,000	14,000	-	-	-	-	0	33,000	0	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	27,206	5,476	1,589	47,322	711	15,345
Principal payments of long-term debt
6,000	15,000	0	18,000	2,000	3,000	0	11,000	32,000	4,000	4,000	4,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	24,091	142	16,636	13,131	37,897	122	5,816	112	107	1,174	99	96
Repurchase of common stock
13,000	0	3,000	1,000	13,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-781	0	49,377	4,404	6,651	3,656	13,326	367	8,637	2,244	9,614	6,335	-	-	-	-
Dividends paid
3,000	3,000	2,000	2,000	3,000	1,000	2,000	2,000	2,000	1,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-1,000	-1,000	-1,000	-1,000	-1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,952	-30	109	-127	96	-452	104	-748	-2,971	174	104	104	191	104	104	53
Net cash from financing activities
77,000	-41,000	49,000	-96,000	99,000	5,000	240,000	-60,000	5,000	59,000	-16,000	-4,000	19,000	-26,000	30,000	-49,000	18,000	572,000	2,000	-18,000	49,000	48,047	-93,402	-63,191	-20,454	-16,666	-14,050	-15,949	8,665	-58,977	-8,639	2,651	22,497	-95,069	57,114	-28,265	57,534
Effect of exchange rate changes on cash and cash equivalents
-1,000	2,000	0	0	0	2,000	-3,000	0	0	-1,000	1,000	4,000	-2,000	-	-	-	-1,000	-	-	-	-	-2,043	345	2,884	-186	-1,780	-329	-146	255	-452	-821	-574	24	244	775	371	936
Net change in cash and cash equivalents
-24,000	4,000	11,000	51,000	-135,000	116,000	-1,000	-21,000	-16,000	55,000	-9,000	27,000	-34,000	-36,000	-38,000	98,000	3,000	1,000	-31,000	32,000	12,000	-19,978	-17,621	34,777	-16,178	22,898	-7,258	-4,274	-4,366	-6,854	6,379	-4,927	-18,457	20,573	-13,591	30,065	-6,661
Supplemental disclosures of cash flow information: