Syntel inc (SYNT)
CashFlow / TTM
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

178,023

173,527

166,268

171,856

-94,206

-72,067

-57,390

-31,146

263,774

265,562

252,526

248,993

232,908

231,613

249,740

245,343

243,154

231,382

219,658

203,280

195,345

191,222

185,543

179,576

154,301

138,552

122,856

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization

12,841

13,552

14,127

14,602

14,997

14,941

14,917

15,080

15,180

15,263

15,567

15,397

15,700

15,928

16,142

16,126

15,658

15,313

14,474

14,078

13,797

13,630

14,445

15,177

16,448

17,156

16,880

0

0

0

Provision/(Recoveries) for doubtful accounts / advances

-1,696

-1,231

33

1,592

1,627

1,600

316

0

0

0

-

-

-

-

-

-

167

213

272

217

165

644

1,101

0

0

0

-

-

-

-

Realized gains on sales of short term investments

1,839

1,626

1,494

1,136

3,844

5,320

5,790

13,820

15,047

16,822

18,796

18,697

15,758

14,631

14,619

7,422

6,682

4,718

3,600

3,850

3,877

3,953

3,012

2,337

2,158

2,553

2,539

0

0

0

Deferred income taxes

8,792

9,308

9,730

9,087

-4,083

-6,252

-5,510

-2,633

5,795

7,936

4,083

2,882

4,807

3,931

5,625

6,551

4,858

5,253

5,827

7,646

4,558

2,041

1,343

-2,978

2,016

3,574

4,613

0

0

0

Compensation expense related to restricted stock

7,313

7,998

8,591

9,539

9,051

8,796

8,148

7,427

7,465

7,229

7,197

6,942

6,858

6,820

6,457

6,031

5,578

5,147

4,732

4,320

4,110

3,880

3,725

3,460

3,242

2,888

2,684

0

0

0

Unrealized foreign exchange (income) loss

-3,207

-3,746

607

-2,177

1,930

4,423

-713

2,674

717

1,059

207

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Uncertain tax positions and other tax credits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Changes in assets and liabilities:
Accounts receivable and revenue earned in excess of billings

31,408

13,200

-3,240

-7,595

-34,459

-12,193

-18,963

-8,498

23,094

10,795

39,470

25,280

28,248

35,574

25,677

26,199

16,161

38,623

41,783

47,475

25,733

12,713

10,065

0

0

0

-

-

-

-

Other current assets

-2,046

-514

-3,509

7,717

-15,901

-9,392

-4,153

-28,849

-12,981

-9,852

2,422

12,415

5,356

12,021

7,392

10,577

25,710

19,417

16,834

20,971

24,091

14,689

15,751

0

0

0

-

-

-

-

Accounts receivable and revenue earned in excess of billings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accrued payroll and other liabilities

35,854

20,611

798

-45,918

-13,562

-5,809

-1,162

35,582

3,182

11,481

8,198

28,049

14,389

11,823

16,289

17,645

11,509

22,050

28,698

38,750

39,359

23,897

19,742

1,124

27,898

27,283

27,399

0

0

0

Deferred revenue

-1,286

-2,941

-4,734

95

794

2,285

203

184

1,192

1,613

4,542

-1,259

-455

-820

-1,514

1,677

557

590

176

-2,139

-1,447

-2,854

-4,720

-2,085

-3,717

119

326

0

0

0

Net cash provided by operating activities

195,777

193,156

181,515

143,367

-32,861

-32,391

-11,650

51,243

259,696

274,887

223,521

238,672

215,635

201,023

233,400

236,141

223,212

206,684

199,966

178,811

192,093

196,046

188,688

161,109

132,776

110,522

109,052

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Property and equipment expenditures

7,969

8,184

8,610

8,767

12,814

16,699

17,513

18,529

16,015

16,012

17,013

19,809

21,230

19,818

19,218

19,904

19,059

19,117

20,495

23,249

30,605

32,624

32,255

23,632

18,194

22,122

38,232

0

0

0

Proceeds from sale of property and equipment

358

313

273

321

282

362

345

247

265

225

191

174

85

63

66

64

79

42

46

0

0

0

-

-

-

0

-

-

-

-

Purchase of mutual funds

301,401

274,490

246,660

240,587

205,601

198,014

184,692

273,541

260,527

224,787

221,097

174,870

201,455

359,146

349,791

292,478

285,013

270,155

294,010

317,652

361,277

263,868

270,685

235,598

232,504

232,003

213,829

0

0

0

Purchase of term deposits with banks

1,968

2,093

1,616

1,613

5,481

136,011

223,904

382,045

531,194

460,296

446,768

659,865

586,702

586,216

583,341

374,843

359,830

361,211

395,589

364,943

330,561

306,909

277,116

260,078

264,161

232,363

206,201

0

0

0

Proceeds from sales of mutual funds

278,891

269,583

239,019

224,436

268,791

275,436

299,208

357,552

320,997

314,976

304,083

303,995

291,995

314,783

305,298

228,599

209,634

168,572

200,836

248,150

257,748

262,982

238,604

190,556

207,578

224,310

219,032

0

0

0

Maturities of term deposits with banks

4,610

5,037

7,644

9,290

310,660

456,014

621,824

772,711

497,573

509,397

486,651

593,700

635,229

523,784

445,717

301,639

267,172

259,351

288,719

283,183

280,218

241,644

194,873

172,148

165,156

172,065

159,566

0

0

0

Net cash used in investing activities

-27,479

-9,834

-9,950

-16,920

355,837

381,088

495,268

456,395

11,099

123,503

106,047

43,325

117,922

-126,550

-201,269

-156,923

-187,017

-222,518

-220,493

-174,475

-183,001

-97,630

-145,134

-155,162

-142,125

-89,782

-79,664

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of loans and borrowings

130,625

173,750

140,625

0

0

0

-

-

-

-

8,625

8,250

7,875

7,500

7,125

6,750

6,375

56,000

54,500

0

0

0

-

-

-

-

-

-

-

-

Excess tax benefits on stock-based compensation plans

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106,231

9,996

9,999

9,993

9,992

0

0

0

Net cash used in financing activities

-146,798

-189,923

-156,798

-117,493

-970,671

-954,795

-902,273

-914,171

-37,390

-6,471

-8,368

-8,180

-7,045

-6,472

-6,097

-5,066

-5,226

94,656

96,156

48,297

47,939

-53,063

-55,557

-9,351

-9,995

-9,991

-9,990

0

0

0

Effect of foreign currency exchange rate changes on cash

-976

1,088

2,895

1,219

2,696

-5,470

-3,512

-5,127

-20,842

-15,249

-18,409

-18,411

-7,522

-8,056

-7,083

-2,894

3,608

11,821

8,506

10,932

4,470

1,994

1,997

907

6,503

3,576

6,725

0

0

0

Change in cash, cash equivalents and restricted cash

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash and cash equivalents

-

-

-

-

-

-

-422,167

-411,660

212,563

376,670

302,791

255,406

318,990

59,945

18,951

71,258

34,577

90,643

84,135

63,565

61,501

47,347

-10,006

-2,497

-12,841

14,325

26,123

0

0

0

Supplemental disclosures of cash flow information:
Cash dividends declared but unpaid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,497

2,237

2,234

2,494

0

0

0

Cash paid for income taxes

-

54,004

-

-

-

321,803

329,830

289,300

88,693

80,427

77,794

73,989

68,467

72,096

73,039

69,588

71,034

67,692

62,967

57,577

52,804

52,918

48,596

54,618

41,023

35,729

28,610

0

0

0

Cash paid for interest

-

11,649

-

-

-

6,941

3,328

1,933

2,255

2,232

2,215

2,219

2,260

2,259

2,291

2,351

2,382

1,968

1,601

0

0

0

-

0

0

0

-

-

-

-