Statement of Cash Flow

Quarterly Annual

Selected Year:

31-Dec
2020

Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc

31.1% - Net income (loss)

23.5% - Accounts receivable

21.3% - Depreciation and amortization

9.6% - Inventory

4.5% - Stock-based compensation

3.6% - Deferred income taxes

3.2% - Prepaid expenses and other assets

2.5% - Inventory obsolescence

0.3% - (Gain) loss from revaluation of liability related to tax receivable agreement

0.2% - Provision for expected credit losses

0.1% - Amortization of deferred financing costs and debt discount and premium

SOURCEs

23.5% 21.3% 9.6% 3.2% 3.6% 4.5% 31.1%

100 %

USES

75.3% 5.7% 10.2% 7.5%

10.2% - Accounts payable

7.5% - Payments pursuant to tax receivable agreement

5.7% - Accrued expenses and other liabilities

1.3% - (Gain) loss on sale of assets

	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Net income (loss)	$45,679	$45,679	$45,679	$150,281	$156,303	$59,215	$59,215	$24,544
Depreciation and amortization	$45,679	$45,679	$45,679	30,153	38,854	40,520	40,520	37,032
Amortization of debt discount and loan costs	$45,679	$45,679	$45,679	275	-	-	-	-
Amortization of deferred financing costs and debt discount and premium Amortization of deferred financing costs and debt discount and premium	-	-	$45,679	275	168	168	168	672
Stock-based compensation	$45,679	$45,679	$45,679	4,704	6,995	8,599	8,599	8,652
Provision for (recovery of) bad debt expense	$45,679	$45,679	$45,679	-	355	-	-	-
Provision for expected credit losses	-	-	-	-	355	342	342	4
Deferred income taxes	$45,679	$45,679	$45,679	15,201	25,403	6,948	6,948	7,064
Inventory obsolescence	$45,679	$45,679	$45,679	1,451	2,552	4,840	4,840	5,856
(Gain) loss on sale of assets	$45,679	$45,679	$45,679	886	236	(2,480)	(2,480)	(2,680)
(Gain) loss on repayment of debt	$45,679	$45,679	$45,679	4,305	-	-	-	-
Gain from revaluation of liability related to tax receivable agreement Gain from revaluation of liability related to tax receivable agreement	-	-	-	-	(5,336)	-	-	-
(Gain) loss from revaluation of liability related to tax receivable agreement (Gain) loss from revaluation of liability related to tax receivable agreement	-	-	-	-	(5,336)	555	555	-
Accounts receivable	$45,679	$45,679	$45,679	(8,105)	4,204	44,829	44,829	(13,444)
Inventory	$45,679	$45,679	$45,679	(38,227)	(17,592)	18,201	18,201	(3,948)
Prepaid expenses and other assets	$45,679	$45,679	$45,679	(6,509)	438	6,177	6,177	20,200
Accounts payable	$45,679	$45,679	$45,679	7,651	(607)	(19,434)	(19,434)	17,276
Accrued expenses and other liabilities	$45,679	$45,679	$45,679	5,114	6,994	(10,893)	(10,893)	(13,144)
Payments pursuant to tax receivable agreement	-	-	-	-	(9,335)	(14,207)	(14,207)	-
Net cash provided by (used in) operating activities	$45,679	$45,679	$45,679	$167,180	$209,632	$143,380	$143,380	$87,580

Selected Year:

31-Dec
2020

Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically

25.9% - Sale of assets

SOURCEs

74.1% 25.9%

100 %

USES

100.0%

100.0% - Capital expenditures

	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Capital expenditures	$45,679	$45,679	$45,679	(70,053)	(59,703)	(24,493)	(24,493)	(10,340)
Sale of assets	$45,679	$45,679	$45,679	1,899	3,755	6,346	6,346	3,728
Patent expenditures	$45,679	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities	$45,679	$45,679	$45,679	($68,154)	($55,948)	($18,147)	($18,147)	($6,612)

Selected Year:

31-Dec
2020

Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.

SOURCEs

100 %

USES

42.6% 40.6% 13.2% 3.6%

42.6% - Dividends on common stock - Class A

40.6% - Cash distributions to members

13.2% - Repayment of finance leases

3.6% - Stock repurchases

	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Initial and Follow-on Public Offerings	-	$45,679	$45,679	828,168	-	-	-	-
Public equity offering	-	-	-	828,168	-	-	-	-
Repayment of long-term borrowing	$45,679	$45,679	$45,679	(248,529)	-	-	-	-
Repayment of finance leases	-	-	$45,679	(6,274)	(7,484)	(5,317)	(5,317)	(4,076)
Repayments of capital leases	$45,679	$45,679	$45,679	(6,274)	-	-	-	-
Deferred fees and costs related to loan	$45,679	-	-	-	-	-	-	-
Deferred financing costs	-	$45,679	$45,679	(840)	-	-	-	-
Dividends on common stock - Class A	-	-	-	-	(4,244)	(17,140)	(17,140)	(17,172)
Cash distributions to members	$45,679	$45,679	$45,679	(31,848)	(8,392)	(16,304)	(16,304)	(2,976)
Stock repurchases	-	-	-	-	(1,549)	(1,445)	(1,445)	(240)
Redemption of CW Units	-	$45,679	$45,679	(575,681)	-	-	-	-
Net cash provided by (used in) financing activities	$45,679	$45,679	$45,679	($35,004)	($21,669)	($40,206)	($40,206)	($24,464)

Selected Year:

31-Dec
2020

Grand Total for sum of cash flows coming from operations, investing and financing

$86,056,000

	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2020 31-Dec	Last Quarter Annualized LQA 2020 31-Dec
Cash and equivalents - Beginning of period	$45,679	$45,679	$45,679	$7,574	$70,841	$202,603	-	$1,095,764
Effect of changes in foreign exchange rates on cash	$45,679	$45,679	$45,679	(755)	(253)	1,029	-	2,368
(Decrease) increase in cash and cash equivalents	$45,679	$45,679	$45,679	63,267	131,762	86,056	-	58,872
Cash and equivalents - End of period	$45,679	$45,679	$45,679	$70,841	$202,603	$288,659	-	$1,154,636

Cactus Inc

Short Description

Statement of Cash Flow