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    Sapiens International Corporation N.V. (SPNS)

    -NCM
    7.95 Down 0.01(0.13%) 4:00PM EST
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    Cash FlowGet Cash Flow for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingDec 31, 2013Dec 31, 2012Dec 31, 2011
    Net Income 11,604   11,780   5,897  
    Operating Activities, Cash Flows Provided By or Used In
    Depreciation7,887  7,393  6,748  
    Adjustments To Net Income933  818  1,091  
    Changes In Accounts Receivables(6,677)(1,649)(3,333)
    Changes In Liabilities4,715  469  (1,793)
    Changes In Inventories -   -   -  
    Changes In Other Operating Activities(1,184)(42)(258)
    Total Cash Flow From Operating Activities 17,266   18,792   8,413  
    Investing Activities, Cash Flows Provided By or Used In
    Capital Expenditures(4,129)(1,327)(482)
    Investments -   -  (1,054)
    Other Cash flows from Investing Activities(5,602)(3,532)(994)
    Total Cash Flows From Investing Activities (9,731) (4,859) (2,530)
    Financing Activities, Cash Flows Provided By or Used In
    Dividends Paid(5,959)(182)(134)
    Sale Purchase of Stock39,480  (5,801)207  
    Net Borrowings -   -   -  
    Other Cash Flows from Financing Activities -   -   -  
    Total Cash Flows From Financing Activities 33,521   (5,983) 73  
    Effect Of Exchange Rate Changes207  (360)(678)
    Change In Cash and Cash Equivalents 41,263   7,590   5,278  

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    Currency in USD.