Bank of South Carolina (Bank of South Carolina) Cash Flow from Investing

: $-15.46 Mil (TTM As of Jun. 2023)

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Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

For the three months ended in Jun. 2023, Bank of South Carolina spent $0.12 Mil on purchasing property, plant, equipment. It gained $0.00 Mil from selling property, plant, and equipment. It spent $0.00 Mil on purchasing business. It gained $0.00 Mil from selling business. It spent $0.00 Mil on purchasing investments. It gained $9.97 Mil from selling investments. It paid $0.00Mil for net Intangibles purchase and sale. And it paid $8.15 Mil for other investing activities. In all, Bank of South Carolina gained $1.70 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Jun. 2023.

Bank of South Carolina Cash Flow from Investing Historical Data

The historical data trend for Bank of South Carolina's Cash Flow from Investing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of South Carolina Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash Flow from Investing

14.01

19.90

-80.19

-68.57

-107.68

Bank of South Carolina Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash Flow from Investing																-19.79	-19.00	-2.67	4.50	1.70

Bank of South Carolina Cash Flow from Investing Calculation

If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).

Likewise, if a company buys another company for cash, this will reduce their cash position.

Bank of South Carolina's Cash Flow from Investing for the fiscal year that ended in Dec. 2022 is calculated as:

	Cash Flow from Investing		(A: Dec. 2022 )
=	Purchase Of Property, Plant, Equipment	+	Sale Of Property, Plant, Equipment	+	Purchase Of Business
=	-0.565	+	0	+	0
+	Sale Of Business	+	Purchase Of Investment	+	Sale Of Investment
+	0	+	-104.82	+	22.065
+	Net Intangibles Purchase And Sale	+	Cash From Discontinued Investing Activities	+	Cash From Other Investing Activities
+	0	+	0	+	-24.361
=	-107.68

Bank of South Carolina's Cash Flow from Investing for the quarter that ended in Jun. 2023 is calculated as:

	Cash Flow from Investing		(Q: Jun. 2023 )
=	Purchase Of Property, Plant, Equipment	+	Sale Of Property, Plant, Equipment	+	Purchase Of Business
=	-0.123	+	0	+	0
+	Sale Of Business	+	Purchase Of Investment	+	Sale Of Investment
+	0	+	0	+	9.971
+	Net Intangibles Purchase And Sale	+	Cash From Discontinued Investing Activities	+	Cash From Other Investing Activities
+	0	+	0	+	-8.148
=	1.70

Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.46 Mil.

Bank of South Carolina (OTCPK:BKSC) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

Bank of South Carolina's purchase of property, plant, equipment for the three months ended in Jun. 2023 was $-0.12 Mil. It means Bank of South Carolina spent $0.12 Mil on purchasing property, plant, equipment.

In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.

In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

Bank of South Carolina's sale of property, plant, equipment for the three months ended in Jun. 2023 was $0.00 Mil. It means Bank of South Carolina gained $0.00 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

Bank of South Carolina's purchase of business for the three months ended in Jun. 2023 was $0.00 Mil. It means Bank of South Carolina spent $0.00 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

Bank of South Carolina's sale of business for the three months ended in Jun. 2023 was $0.00 Mil. It means Bank of South Carolina gained $0.00 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

Bank of South Carolina's purchase of investment for the three months ended in Jun. 2023 was $0.00 Mil. It means Bank of South Carolina spent {stock_data.stock.currency_symbol}}0.00 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

Bank of South Carolina's sale of investment for the three months ended in Jun. 2023 was $9.97 Mil. It means Bank of South Carolina gained $9.97 Mil from selling investments.

7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.

Bank of South Carolina's net Intangibles purchase and sale for the three months ended in Jun. 2023 was $0.00 Mil. It means Bank of South Carolina paid $0.00 Mil for net Intangibles purchase and sale.

8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.

Bank of South Carolina's cash from discontinued investing activities for the three months ended in Jun. 2023 was 0.00 Mil. It means Bank of South Carolina paid $0.00 Mil for discontinued investing activities.

9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.

Bank of South Carolina's cash from other investing activities for the three months ended in Jun. 2023 was $-8.15 Mil. It means Bank of South Carolina paid $8.15 Mil for other investing activities.

Bank of South Carolina Cash Flow from Investing Related Terms

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Bank of South Carolina (Bank of South Carolina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of South Carolina Corp (OTCPK:BKSC) » Definitions » Cash Flow from Investing

Comparable Companies

Traded in Other Exchanges

N/A

Address

256 Meeting Street, Charleston, SC, USA, 29401

Website

https://www.banksc.com

Bank of South Carolina Corp is a financial institution holding company. It is engaged in providing financial product and services. The bank offers various deposits, including non-interest-bearing accounts, negotiable order of withdrawal accounts, money market accounts, time deposits and savings accounts. Its loan offering includes commercial and industrial loans; real estate loans; loans to individuals for household, family and other personal expenditures. In addition to one- to four-family residential mortgage loans, it offers home equity loans and lines of credit that are secured by the borrower's primary or secondary residence. Geographically, all the activities are functioned through the regions of South Carolina and derive majority of its income from interest on loans and investments.

Executives

Walpole Gene H Iv	officer: Chief Financial Officer	PO BOX 538, CHARLESTON SC 29402
Fleetwood S Hassell	officer: Senior Vice President	P O BOX 538, CHARLESTON SC 29402
Sheryl G Sharry	officer: Senior Vice President	P. O. BOX 538, CHARLESTON SC 29402
Douglas H Sass	officer: Executive Vice President	P O BOX 538, CHARLESTON SC 29402
Charles G Lane	director	P O BOX 538, CHARLESTON SC 29402
Lane C Hugh Jr	director, 10 percent owner, officer: President & CEO	P O BOX 538, CHARLESTON SC 29402
Susanne King Boyd	officer: Cheif Operating Officer	PO BOX 538, CHARLESTON SC 29402
David W Bunch	director	P O BOX 538, CHARLESTON SC 29402
Hutson Richard W Jr	director	P O BOX 538, CHARLESTON SC 29402
Elizabeth M Hagood	director	P O BOX 538, CHARLESTON SC 29402
Hiott William L Jr	director, officer: Executive Vice President
Alan I Nussbaum	director	P O BOX 538, CHARLESTON SC 29402
David R Schools	director	P O BOX 538, CHARLESTON SC 29402
Malcolm M Rhodes	director	P O BOX 538, CHARLESTON SC 29402
Glen B Haynes	director	P O BOX 538, CHARLESTON SC 29402