Cash Flow for Salem Communications Corporation (SALM)

Cash Flow for Salem Communications Corporation
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Net Income
Net Income -2,736,000 4,428,000 5,618,000
Operating Activities, Cash Flows Provided By or Used In
Depreciation 16,309,000 16,117,000 16,713,000
Adjustments To Net Income 26,678,000 11,854,000 6,439,000
Changes In Accounts Receivables -3,049,000 -2,556,000 -633,000
Changes In Liabilities -8,454,000 1,021,000 2,960,000
Changes In Inventories - - -
Changes In Other Operating Activities -87,000 117,000 38,000
Total Cash Flow From Operating Activities 28,735,000 31,077,000 31,757,000
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures -10,639,000 -8,549,000 -7,522,000
Investments - - -
Other Cash flows from Investing Activities -7,098,000 -10,517,000 3,011,000
Total Cash Flows From Investing Activities -17,737,000 -19,066,000 -4,511,000
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid -5,158,000 -3,412,000 -
Sale Purchase of Stock 1,422,000 409,000 24,000
Net Borrowings -7,540,000 -8,694,000 -28,107,000
Other Cash Flows from Financing Activities - - -
Total Cash Flows From Financing Activities -11,276,000 -11,697,000 -28,126,000
Effect Of Exchange Rate Changes - - -
Change In Cash and Cash Equivalents -315,000 313,000 -761,000