Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

## APD Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

`Free Cash Flow = Operating Cash Flow - Capital Expenditures`

Using above formula to calculate Free Cash Flow for APN Property Group Limited (APD), the free cash flow value is 11.06M.

All amounts in AUD

Operating Cash
11.12M
Capital Expenditure
-61k
Free Cash Flow
11.06M

APN Property Group Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

## APD Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for APN Property Group Limited (ASX:APD).

30 Jun 201930 Jun 201830 Jun 201730 Jun 2016
Net Income14.53M13.56M10.69M49.67M
Depreciation120k165k110k117k
Change To Netincome-6.22M-5.07M-4.68M-45.74M
Change To Account Receivables684k-1.05M551k-11.31M
Change To Liabilities4.36M4.09M2.08M13.68M
Change To Operating Activities-1.83M-635k-804k3.04M
Total Cash From Operating Activities11.12M10.3M9.16M11.82M
Capital Expenditures-61k-444k-240k-83k
Investments-15.5M-16.39M31.75M-16.36M
Total Cashflows From Investing Activities-3.38M-13.68M93k11.52M
Dividends Paid-7.06M-6.28M-5.49M-4.66M
Total Cash From Financing Activities-7.06M-268k-62.64M28.25M
Change In Cash686k-3.65M-53.39M51.69M
Issuance Of Stock3k3k292k703k