Churchill Downs Incorporated
Cash Flow
Last updated:
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 Churchill Downs Incorporated generated cash of $605,800,000, which is more than the previous year. Cash used in financing activities reached the amount of $129,300,000 last year. Net change in cash is therefore $17,100,000.
Cash Flow
| 2014 | 141.61M | -440.30M | 322.04M |
|---|---|---|---|
| 2015 | 264.52M | -65.48M | -190.64M |
| 2016 | 226.8M | -50.7M | -201.9M |
| 2017 | 218.2M | -153.6M | -59.5M |
| 2018 | 197.8M | 824.1M | -933.3M |
| 2019 | 289.6M | -781.2M | 460.8M |
| 2020 | 141.9M | -239.4M | 76M |
| 2021 | 335.5M | -100.4M | -500K |
| 2022 | 536.8M | -3.10B | 2.41B |
| 2023 | 605.8M | -718M | 129.3M |
CHDN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 204.7M | 355.6M | 121M | 142.5M | 173.3M | 85.5M | 48.7M | 74.5M | 67.93M | 44.70M |
Operating activities | ||||||||||
Net income | 417.3M | 439.4M | 249.1M | -82.1M | 137.2M | 352.8M | 140.5M | 108.1M | 65.19M | 46.35M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 175.2M | 119M | 108.5M | 97.9M | 101M | 64M | 114.6M | 125.8M | 119.38M | 68.25M |
Stock-based compensation expense | 32.9M | 31.8M | 27.8M | 23.7M | 23.8M | 21.1M | 27.1M | 18.9M | 13.84M | 11.93M |
| Deferred income tax benefit | 32.9M | 31.8M | 27.8M | 23.7M | 23.8M | 21.1M | 27.1M | 18.9M | 13.84M | 11.93M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.61M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.59M |
Accounts payable | 0 | 50.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.38M |
Cash generated by operating activities | 605.8M | 536.8M | 335.5M | 141.9M | 289.6M | 197.8M | 218.2M | 226.8M | 264.52M | 141.61M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -410.1M | 0 | -24M | 57.2M | -24.51M | -602K |
Investments In Property Plant And Equipment | -676.5M | -456.8M | -91.8M | -234.2M | -163.3M | -149.4M | -116.9M | -57.2M | -45.76M | -56.73M |
Acquisitions Net | -241.3M | -2.91B | 0 | 0 | -616.7M | 983.8M | -48.2M | -6.2M | 4.58M | -383.95M |
Cash generated by investing activities | -718M | -3.10B | -100.4M | -239.4M | -781.2M | 824.1M | -153.6M | -50.7M | -65.48M | -440.30M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 770.3M | 726.8M | 0 | 1.5M | 2.1M | 2.2M | 1.21M | 7.47M |
Payments for dividends | -27.1M | -26M | -24.8M | -23.4M | -22.2M | -23.7M | -21.5M | -19.1M | -17.41M | -15.18M |
Repurchases of common stock | -55.9M | -174.9M | -297.5M | -28.4M | -95M | -547M | -190.9M | -39M | -147.55M | -76.58M |
Repayments of term debt | 237.1M | 2.67B | -430.9M | -580.4M | 596M | -435.7M | 214.6M | -588.4M | 18.4M | -404.25M |
Cash used in financing activities | 129.3M | 2.41B | -500K | 76M | 460.8M | -933.3M | -59.5M | -201.9M | -190.64M | 322.04M |
Net Change In Cash | 17.1M | -150.9M | 234.6M | -21.5M | -30.8M | 87.8M | 5.6M | -25.8M | 6.59M | 23.22M |
Cash at end of period | 221.8M | 204.7M | 355.6M | 121M | 142.5M | 173.3M | 54.3M | 48.7M | 74.52M | 67.93M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |