BEL FUSE INC /NJ (BELFA) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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BEL FUSE INC /NJ cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $31,762,000.00Net earnings → Operating adjustments reconciliation: $17,197,000.00Increase in accounts payable → Operating adjustments reconciliation: $33,072,000.00Depreciation and amortization → Operating adjustments reconciliation: $13,535,000.00Stock-based compensation → Operating adjustments reconciliation: $5,111,000.00Unrealized losses (gains) on foreign currency revaluation → Operating adjustments reconciliation: $3,786,000.00Increase in income taxes payable → Operating adjustments reconciliation: $1,745,000.00Inventory impairment → Operating adjustments reconciliation: $1,186,000.00Amortization of deferred financing costs → Operating adjustments reconciliation: $1,090,000.00Changes in fair value of contingent consideration liabilities → Operating adjustments reconciliation: $852,000.00Decrease (increase) in unbilled receivables → Operating adjustments reconciliation: $67,000.00Operating adjustments reconciliation → Increase in inventories: $32,166,000.00Operating adjustments reconciliation → Increase in accounts receivable: $32,095,000.00Operating adjustments reconciliation → Deferred tax benefit: $4,557,000.00Operating adjustments reconciliation → Decrease in accrued expenses: $4,310,000.00Operating adjustments reconciliation → (Increase) decrease in other assets: $2,006,000.00Operating adjustments reconciliation → (Decrease) increase in other liabilities: $843,000.00Operating adjustments reconciliation → Other, net: $622,000.00Operating adjustments reconciliation → Increase in other current assets: $563,000.00Operating adjustments reconciliation → Decrease in accrued restructuring costs: $479,000.00Proceeds from issuance of common stock, net → financing reconciliation: $441,643,000.00Borrowings under revolving line of credit → financing reconciliation: $20,000,000.00financing reconciliation → Net cash from financing activities: $236,267,000.00financing reconciliation → Repayments under revolving line of credit: $217,500,000.00financing reconciliation → Payment for contingent consideration: $3,531,000.00financing reconciliation → Dividends paid to noncontrolling interest: $2,661,000.00financing reconciliation → Dividends paid to common shareholders: $1,684,000.00Net cash used in investing activities → investing reconciliation: $20,111,000.00Proceeds from disposal/sale of property, plant and equipment → investing reconciliation: $3,000.00investing reconciliation → Acquisition of business, net of cash acquired: $15,224,000.00investing reconciliation → Purchase of property, plant and equipment: $4,890,000.00Exchange-rate effect → Cash sources and uses: $388,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $57,800,000.00Net cash from operating activities → Cash sources and uses: $31,762,000.00Net cash from financing activities → Cash sources and uses: $236,267,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $306,106,000.00Cash sources and uses → Net cash used in investing activities: $20,111,000.00Amortization of deferred financing costs: $1,090,000.00Debt issuance cost amortization+$1.09 M(Decrease) increase in other liabilities: -$843,000.00Other operating liabilities−$843.00 KDeferred tax benefit: -$4,557,000.00Deferred taxes & credits−$4.56 MUnrealized losses (gains) on foreign currency revaluation: $3,786,000.00Unrealized FX gain & loss+$3.79 MGain on sale of properties: $0.00Net earnings: $48,959,000.00Net earnings+$48.96 MIncrease in accounts payable: $33,072,000.00Accounts payable+$33.07 MDecrease in accrued expenses: -$4,310,000.00Accrued liabilities−$4.31 MDepreciation and amortization: $13,535,000.00Depreciation & amortization+$13.54 MDecrease in accrued restructuring costs: -$479,000.00Restructuring reserves, net−$479.00 KStock-based compensation: $5,111,000.00Stock-based compensation+$5.11 MIncrease in income taxes payable: $1,745,000.00Income taxes payable+$1.75 MDecrease (increase) in unbilled receivables: $67,000.00Contract assets+$67.00 KIncrease in inventories: -$32,166,000.00Inventories−$32.17 MIncrease in other current assets: -$563,000.00Other current assets−$563.00 K(Increase) decrease in other assets: -$2,006,000.00Other noncurrent assets−$2.01 MInventory impairment: $1,186,000.00Inventory write-downs+$1.19 MChanges in fair value of contingent consideration liabilities: $852,000.00Contingent consideration change+$852.00 KOther, net: -$622,000.00Other non-cash items−$622.00 KIncrease in accounts receivable: -$32,095,000.00Accounts receivable−$32.10 MNet cash from operating activities: $31,762,000.00Operating cash+$31.76 MOperating adjustments reconciliation: $77,641,000.00Proceeds from issuance of common stock, net: $441,643,000.00Common stock issued+$441.64 MRepayments under revolving line of credit: -$217,500,000.00Credit line repayments−$217.50 MBorrowings under revolving line of credit: $20,000,000.00Credit line borrowings+$20.00 MDividends paid to common shareholders: -$1,684,000.00Dividends paid−$1.68 MDividends paid to noncontrolling interest: -$2,661,000.00Paid to noncontrolling interests−$2.66 MPayment for contingent consideration: -$3,531,000.00Contingent consideration paid−$3.53 MDeferred financing costs: $0.00Net cash from financing activities: $236,267,000.00Financing cash+$236.27 Mfinancing reconciliation: $461,643,000.00Purchase of property, plant and equipment: -$4,890,000.00PP&E purchases−$4.89 MProceeds from held to maturity securities: $0.00Investment in related party notes receivable: $0.00Proceeds from disposal/sale of property, plant and equipment: $3,000.00PP&E sales+$3.00 KAcquisition of business, net of cash acquired: -$15,224,000.00Acquisitions, net of cash−$15.22 MNet cash used in investing activities: -$20,111,000.00. Cash required to fund net payments.Investing cash−$20.11 Minvesting reconciliation: $20,114,000.00Cash sources and uses: $326,217,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $57,800,000.00Beginning cash$57.80 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $306,106,000.00Ending cash$306.11 MExchange-rate effect: $388,000.00FX effect+$388.00 KCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$26.87 MOperating cash − cash spent on PP&ECash flow / Net income0.65×Operating cash flow ÷ net incomeNet cash change+$248.31 MEnding cash − beginning cash
Chart details

BEL FUSE INC /NJ cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
57,800,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
31,762,000 US dollars. Net cash provided.
Amortization of deferred financing costs
1,090,000 US dollars
(Decrease) increase in other liabilities
negative 843,000 US dollars
Deferred tax benefit
negative 4,557,000 US dollars
Unrealized losses (gains) on foreign currency revaluation
3,786,000 US dollars
Gain on sale of properties
0 US dollars
Net earnings
48,959,000 US dollars
Increase in accounts payable
33,072,000 US dollars
Decrease in accrued expenses
negative 4,310,000 US dollars
Depreciation and amortization
13,535,000 US dollars
Decrease in accrued restructuring costs
negative 479,000 US dollars
Stock-based compensation
5,111,000 US dollars
Increase in income taxes payable
1,745,000 US dollars
Decrease (increase) in unbilled receivables
67,000 US dollars
Increase in inventories
negative 32,166,000 US dollars
Increase in other current assets
negative 563,000 US dollars
(Increase) decrease in other assets
negative 2,006,000 US dollars
Inventory impairment
1,186,000 US dollars
Changes in fair value of contingent consideration liabilities
852,000 US dollars
Other, net
negative 622,000 US dollars
Increase in accounts receivable
negative 32,095,000 US dollars
Investing activities
negative 20,111,000 US dollars. Net cash used.
Purchase of property, plant and equipment
negative 4,890,000 US dollars
Proceeds from held to maturity securities
0 US dollars
Investment in related party notes receivable
0 US dollars
Proceeds from disposal/sale of property, plant and equipment
3,000 US dollars
Acquisition of business, net of cash acquired
negative 15,224,000 US dollars
Financing activities
236,267,000 US dollars. Net cash provided.
Proceeds from issuance of common stock, net
441,643,000 US dollars
Repayments under revolving line of credit
negative 217,500,000 US dollars
Borrowings under revolving line of credit
20,000,000 US dollars
Dividends paid to common shareholders
negative 1,684,000 US dollars
Dividends paid to noncontrolling interest
negative 2,661,000 US dollars
Payment for contingent consideration
negative 3,531,000 US dollars
Deferred financing costs
0 US dollars
Operating adjustment reconciliation
77,641,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
461,643,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
20,114,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
388,000 US dollars
Ending cash on Jun 30, 2026
306,106,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
326,217,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
248,306,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.65×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
31,762,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
4,890,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
26,872,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $31.76M of net income directly to operating cash and $17.20M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 31,762,000 US dollars minus 4,890,000 US dollars equals 26,872,000 US dollars.
BEL FUSE INC /NJ (BELFA) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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