Avis Budget Group
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Avis Budget Group generated cash of $3,828,000,000, which is less than the previous year. Cash used in financing activities reached the amount of $3,506,000,000 last year. Net change in cash is therefore $2,000,000.
Cash Flow
| 2014 | 2.57B | -2.80B | 182M |
|---|---|---|---|
| 2015 | 2.58B | -2.83B | 115M |
| 2016 | 2.62B | -2.14B | -438M |
| 2017 | 2.64B | -2.20B | -308M |
| 2018 | 2.60B | -3.42B | 667M |
| 2019 | 2.58B | -2.75B | 318M |
| 2020 | 691M | 3.17B | -4.04B |
| 2021 | 3.49B | -6.30B | 2.68B |
| 2022 | 4.70B | -4.29B | -360M |
| 2023 | 3.82B | -7.34B | 3.50B |
CAR Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 572M | 626M | 765M | 900M | 735M | 901M | 720M | 452M | 624M | 693M |
Operating activities | ||||||||||
Net income | 1.63B | 2.75B | 1.28B | -684M | 302M | 165M | 361M | 163M | 313M | 245M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 3.45B | 2.81B | 2.48B | 2.56B | 3.14B | 2.23B | 2.20B | 2.13B | 2.05B | 2.02B |
Stock-based compensation expense | 30M | 25M | 30M | 9M | 22M | 0 | 13M | 27M | 28M | 34M |
| Deferred income tax benefit | 30M | 25M | 30M | 9M | 22M | 0 | 13M | 27M | 28M | 34M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -43M | -97M | -143M | 115M | 10M | -44M | -59M | -65M | -42M | -60M |
Inventories | 0 | 0 | 143M | -115M | -10M | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -72M | 217M | 414M | -181M | 84M | 48M | 49M | -9M | -79M | -3M |
Cash generated by operating activities | 3.82B | 4.70B | 3.49B | 691M | 2.58B | 2.60B | 2.64B | 2.62B | 2.58B | 2.57B |
Investing activities | ||||||||||
Purchases Of Investments | -541M | -439M | -367M | -286M | -251M | -188M | -61M | 0 | -148M | 0 |
Investments In Property Plant And Equipment | -15.45B | -4.13B | -6.08B | 3.25B | -2.67B | -3.17B | -2.13B | -2.14B | -2.44B | -2.39B |
Acquisitions Net | 8.34B | -6.60B | 4.07B | 8.75B | 10.46B | 9.64B | 9.58B | 10.46B | 9.43B | -416M |
Cash generated by investing activities | -7.34B | -4.29B | -6.30B | 3.17B | -2.75B | -3.42B | -2.20B | -2.14B | -2.83B | -2.80B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 15M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -355M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -951M | -3.32B | -1.46B | -119M | -67M | -216M | -210M | -387M | -393M | -297M |
Repayments of term debt | 4.87B | 2.96B | -11.41B | -18.44B | 385M | -16.9B | -74M | -16.67B | 544M | -14.72B |
Cash used in financing activities | 3.50B | -360M | 2.68B | -4.04B | 318M | 667M | -308M | -438M | 115M | 182M |
Net Change In Cash | 2M | 16M | -139M | -135M | 165M | -166M | 181M | 38M | -172M | -69M |
Cash at end of period | 559M | 642M | 626M | 765M | 900M | 735M | 901M | 490M | 452M | 624M |
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