Cimatron Reports Q3 Revenues, Operating Profit, and Net Profit





CIMATRON LIMITED

STATEMENTS OF CASH FLOWS

(US Dollars in thousands)












Nine months ended





September 30,





2013


2012








Cash flows from operating activities:




Net income 

$        2,567


$        2,376








Adjustments to reconcile net income 




   to net cash provided by operating activities:




Depreciation and amortization

796


1,007

Increase in accrued severance pay

415


63

Stock based compensation

33


-

Deferred taxes, net

(115)


(272)








Changes in assets and liabilities:




Decrease in accounts receivable and prepaid expenses

332


1,051

Increase (decrease) in inventory

12


(2)

Increase in deposits with insurance companies and severance pay fund

(328)


(63)

Decrease in trade payables, accrued expenses and other liabilities

(425)


(1,587)

Net cash provided by operating activities

3,287


2,573








Cash flows from investing activities:




Proceeds from sale of property and equipment

-


1

Purchase of property and equipment

(346)


(243)

Net cash used in investing activities

(346)


(242)















Cash flows from financing activities:




Short-term bank credit

20


(40)

Long-term bank credit

(3)


(7)

Cash distribution to shareholders

(7,916)


(1,863)

Proceeds from issuance of shares upon exercise of options 

47


40

Proceeds from issuance of restricted shares

9


-

Proceeds from issuance of shares 

5,786


-

Net cash used in financing activities

(2,057)


(1,870)















Net increase in cash and cash equivalents

884


461

Effect of exchange rate changes on cash

127


28

Cash and cash equivalents at beginning of period

11,903


11,787

Cash and cash equivalents at end of period

$      12,914


$      12,276








Appendix A - Non-cash transactions





Purchase of property on credit

$              7


$              5
















« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article
Autodesk - DelCAM

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Hexagon’s Recent Ups & Downs Update
Jobs
Solidworks Product Designer for NASCENT Technology at Charlotte, NC
SYSTEMS INTEGRATOR for Palm Beach County Human Resources at West Palm Beach, FL
Developer-Support-Implementation Engineer for EDA Careers at San Francisco Area, CA
CAD/CAM Regional Account Manager (Pacific Northwest) for Vero Software Inc. at Seattle, WA
Upcoming Events
Engineer 3D! Training + Technology Conference at Hyatt Regency Milwaukee 333 West Kilbourn Avenue Milwaukee WI - Apr 25 - 26, 2017
PMTS 2017 at Greater Columbus Convention Center Exhibit Halls E, F, & D 400 North High St. Columbus OH - Apr 25 - 27, 2017
AI·GI·CRV Conference 2017 at Edmonton, Alberta Canada - May 16 - 19, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
SolidCAM: Patented Wizard to optimal feeds & speeds



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise