MATX: the cash flow

MyFinsight

For the year ending 2025-12-31, MATX had -$124,900K decrease in cash & cash equivalents over the period.

Cash Flow	2025-12-31
Net income	444,800
Depreciation and amortization	166,900
Amortization of operating lease right-of-use assets	133,100
Deferred income taxes, net	8,200
(gain) loss on disposal of property and equipment	4,400
Share-based compensation expense	22,700
(income) loss from ssat	32,500
Distributions from ssat	21,000
Other	-7,000
Accounts receivable, net	-12,300
Deferred dry-docking payments	49,400
Deferred dry-docking amortization	28,900
Prepaid expenses and other assets	24,900
Accounts payable, accruals and other liabilities	-33,800
Operating lease assets and liabilities, net	-128,100
Other long-term liabilities	-10,700
Net cash provided by operating activities	547,100
Capitalized vessel construction expenditures	244,300
Capital expenditures (excluding vessel construction expenditures)	149,100
Proceeds from disposal of property and equipment, net	9,100
Cash and interest deposits into capital construction fund	118,600
Withdrawals from capital construction fund	237,300
Net cash used in investing activities	-265,600
Repayments of debt	39,700
Payments of deferred loan fees	2,100
Dividends paid	44,900
Repurchase of matson common stock	303,300
Tax withholding related to net share settlements of restricted stock units	16,400
Net cash used in financing activities	-406,400
Net (decrease) increase in cash, cash equivalents and restricted cash	-124,900
Cash, cash equivalents and restricted cash, beginning of year	266,800
Cash, cash equivalents and restricted cash, end of year	141,900

Unit: Thousand (K) dollars (except for numbers of shares and EPS).