Universal corporation (UVV)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'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'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

29,318

29,747

895

33,692

31,089

34,293

11,060

34,322

50,219

28,306

3,321

36,450

57,062

26,498

-7,504

52,594

46,615

25,064

-6,125

46,375

58,077

15,484

525

27,209

44,203

29,830

53,913

26,685

39,715

49,286

25,233

29,892

61,602

-7,997

17,322

28,764

57,585

53,783

24,418

23,395

48,474

54,672

43,804

Adjustments to reconcile net income to net cash used by operating activities:
Depreciation

9,269

9,164

9,067

9,453

9,211

9,795

8,645

8,730

8,621

8,667

8,818

9,804

8,783

8,682

8,642

9,533

8,859

9,217

9,145

9,039

9,057

8,645

8,653

8,199

9,024

9,447

10,587

10,990

10,775

10,840

10,803

10,662

9,710

10,759

11,027

11,180

10,958

10,693

10,823

10,400

10,364

10,622

9,902

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

819

407

409

398

409

420

415

430

419

425

434

431

492

385

400

398

406

402

412

417

771

516

504

Net provision for losses (recoveries) on advances and guaranteed loans to suppliers

1,978

-1,720

-165

706

2,363

-4,611

-797

-645

3,438

-353

1,290

-1,271

2,452

-1,925

-113

1,841

3,328

-2,317

-2,037

3,066

3,165

-1,981

-516

-2,376

5,525

610

2,946

-1,211

-1,181

2,556

1,459

1,498

4,011

2,167

4,254

-888

12,191

4,372

2,991

-634

10,321

8,244

583

Foreign currency remeasurement (gain) loss, net

3,946

-3,264

1,497

4

2,162

-4,895

943

-3,246

-514

-1,973

5,917

3,224

-1,374

-1,477

-9,642

-1,025

489

-19,175

-2,806

-14,605

-7,075

-8,439

1,283

327

-21,658

9,543

-2,534

146

20,828

-1,605

-8,790

-7,065

2,891

2,099

-178

3,056

1,185

-1,693

1,876

-16,528

-1,343

2,301

6,261

Equity in net income of unconsolidated affiliates, net of dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,237

-

-

-

-

-

-

-

-

-

-

-

-

Gain on favorable outcome of excise tax case in Brazil

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

163,238

-163,238

81,619

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on fire loss insurance settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

9,592

-

-

-

-

-

-

-

-

Restructuring and impairment costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,389

397

1,143

3,350

0

-

-

-

-

-

-

-

-

1,441

399

2,962

6,859

7,540

10,995

2,020

949

-

-

0

0

Other, net

-3,015

4,081

-3,780

1,199

-9,271

-4,469

6,928

19,997

-5,220

-8,855

1,944

12,061

-8,706

9,187

-8,079

4,800

-17,077

7,753

-8,680

6,623

-8,751

5,075

4,395

4,854

-4,684

-15,152

12,731

14,641

-1,920

-13,805

2,258

14,570

3,772

-9,690

-10,371

-6,223

-3,952

8,817

-1,023

4,704

-11,403

-5,263

13,825

Changes in operating assets and liabilities, net:
Changes in operating assets and liabilities, net

-67,433

199,156

128,819

-

-47,199

93,481

179,366

-

-127,432

156,214

122,647

-

-82,081

22,858

2,690

-

-79,965

72,254

127,756

-

-264,032

268,118

118,286

-

476,286

-553,468

209,035

-

116,238

-77,063

-83,580

-

99,036

-45,596

-186,063

-

-148,396

107,377

303,270

-

-131,375

153,117

126,603

Net cash used by operating activities

106,921

-163,080

-116,739

261,835

115,683

-44,667

-168,329

130,613

176,477

-108,766

-117,079

67,562

160,328

6,369

16,056

176,332

151,965

-28,868

-112,898

229,010

352,119

-238,849

-114,893

10,648

292,995

-74,156

-232,990

32,757

256,477

3,168

-57,936

139,799

182,027

23,204

-145,244

143,573

225,851

-52,382

-262,824

107,424

188,559

-82,025

-51,724

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment

8,384

7,629

5,679

10,390

8,327

9,025

11,018

10,470

8,798

8,413

6,356

7,086

10,977

10,264

7,303

8,649

10,047

13,557

14,900

15,178

12,636

13,763

16,808

15,003

11,074

9,404

10,368

7,187

4,093

10,777

8,726

7,923

11,777

9,647

8,827

7,328

8,456

10,191

13,154

14,654

16,494

15,271

11,158

Proceeds from sale of property, plant and equipment

1,692

1,028

226

684

519

269

589

122

1,799

3,067

206

1,509

218

195

252

1,602

225

542

613

731

2,808

590

393

1,249

1,163

189

145

171

1,131

267

1,965

-284

10,745

2,088

5,817

3,063

-3,172

4,739

945

1,663

1,222

321

1,813

Proceeds from fire loss insurance settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

9,933

-

-

-

-

-

-

-

-

Net cash used by investing activities

-6,196

-6,601

-5,453

-9,706

-7,808

-6,756

-10,429

-8,348

-9,549

-3,346

-6,150

-5,975

-10,759

-10,069

-7,051

-7,445

-16,184

-13,015

-14,287

-14,588

-9,828

-13,173

-16,415

-12,721

-9,911

-9,215

-10,223

-7,016

-1,958

-10,510

-6,761

-8,207

-1,032

-7,559

6,923

-4,005

23,318

-5,452

-12,209

-12,455

-15,272

-14,950

-9,345

CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of short-term debt, net

-62,802

84,746

19,257

-73,857

-16,596

73,511

28,978

-5,964

-48,280

52,143

-16,058

5,950

-16,509

-572

5,782

712

-19,659

-2,479

26,306

-54,457

-240,432

155,018

142,489

-7,002

-121,875

53,411

31,739

18,504

-7,125

-56,711

26,958

-6,052

-155,484

34,486

109,662

-61,860

-167,490

62,015

127,985

18,685

-149,932

129,121

-3,124

Repayment of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

348,750

3,750

3,750

3,750

202,500

2,500

2,500

2,500

1,250

11,250

1,250

1,250

0

95,000

0

0

5,000

0

10,000

0

0

79,500

0

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

187

0

0

0

457

3,456

0

493

0

0

0

0

134

-

-

-

-

-

-

-

-

Repurchase of common stock

7,787

7,124

5,214

0

0

0

1,443

8,971

0

12,639

0

-

-

-

-

-

-

-

-

10,754

13,271

0

7,202

0

0

0

14,145

3,428

5,053

0

0

0

0

0

4,004

13,479

13,910

8,607

10,933

16,852

4,395

7,966

2,981

Dividends paid on convertible perpetual preferred stock

-

-

-

-

-

-

-

-

-

-

-

0

3,687

3,687

3,687

3,687

3,687

3,687

3,687

3,687

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

3,713

3,712

Dividends paid on common stock

18,880

18,979

18,742

18,727

18,726

18,718

13,712

13,813

13,562

13,675

13,649

13,647

12,075

12,066

12,040

12,040

11,813

11,787

11,749

11,852

11,824

11,817

11,844

11,841

11,608

11,596

11,676

11,662

11,488

11,450

11,396

11,391

10,977

11,148

11,195

11,310

11,232

11,352

11,427

11,567

11,365

11,489

11,461

Other

0

0

-2,883

-1,041

-2,289

-1

-2,656

0

0

-1

-2,827

-185

-11

5

-2,250

796

-1,699

0

-2,037

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used) provided by financing activities

-89,469

55,284

-7,582

-92,875

-37,611

53,532

11,167

-34,838

-61,842

24,568

-32,534

-189,187

-32,282

-17,580

-12,195

-17,408

-36,858

-19,213

8,833

-85,630

-251,323

133,761

116,168

-26,315

-165,648

33,718

163

645

-28,736

-84,468

10,600

-22,415

-73,806

-61,987

90,885

-90,362

-201,444

38,343

91,913

-13,172

-71,111

26,525

-21,278

Effect of exchange rate changes on cash

305

-426

214

-56

218

-241

-529

123

289

142

375

86

-674

87

-170

343

-268

-373

8

-324

-220

-629

65

53

-200

-185

-345

-94

99

107

-209

154

-326

-1,948

224

374

-114

1,526

-1,052

-14

3

1,274

888

Net decrease in cash and cash equivalents

11,561

-114,823

-129,560

159,198

70,482

1,868

-168,120

87,550

105,375

-87,402

-155,388

-127,514

116,613

-21,193

-3,360

151,822

98,655

-61,469

-118,344

128,468

90,748

-118,890

-15,075

-28,335

117,236

-49,838

-243,395

26,292

225,882

-91,703

-54,306

109,331

106,863

-48,290

-47,212

49,580

47,611

-17,965

-184,172

81,783

102,179

-69,176

-81,459