The Macerich Company
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 The Macerich Company generated cash of $295,502,000, which is less than the previous year. Cash used in financing activities reached the amount of -$338,888,000 last year. Net change in cash is therefore $9,155,000.
Cash Flow
| 2014 | 400.70M | -255.79M | -129.72M |
|---|---|---|---|
| 2015 | 540.37M | -101.02M | -437.75M |
| 2016 | 417.50M | 443.11M | -853.08M |
| 2017 | 386.38M | 176.87M | -566.26M |
| 2018 | 344.31M | 176.32M | -514.43M |
| 2019 | 355.15M | -112.02M | -278.21M |
| 2020 | 124.83M | -202.84M | 446.45M |
| 2021 | 286.36M | 234.96M | -837.02M |
| 2022 | 337.51M | -1.40M | -321.94M |
| 2023 | 295.50M | 52.54M | -338.88M |
MAC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 181.13M | 166.97M | 482.65M | 114.21M | 149.30M | 143.10M | 94.04M | 86.51M | 84.90M | 69.71M |
Operating activities | ||||||||||
Net income | -278.09M | -65.07M | 16.16M | -245.46M | 102.55M | 68.97M | 161.67M | 554.83M | 522.91M | 1.60B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 296.39M | 302.48M | 324.40M | 326.05M | 337.66M | 332.73M | 340.31M | 342.54M | 454.81M | 378.70M |
Stock-based compensation expense | 13.16M | 17.63M | 14.27M | 13.84M | 12.03M | 27.36M | 30.79M | 33.28M | 28.36M | 29.46M |
| Deferred income tax benefit | 13.16M | 17.63M | 14.27M | 13.84M | 12.03M | 27.36M | 30.79M | 33.28M | 28.36M | 29.46M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 354K | 6.61M | 62.42M | -105.94M | -9.92M | -13.91M | -6.50M | -7.58M | 1.90M | -12.35M |
Inventories | 0 | 0 | 0 | 0 | 40.24M | -12.29M | -23.78M | -6.24M | -6.32M | -26.50M |
Accounts payable | 1.87M | -382K | -6.74M | 15.47M | -237K | -2.15M | -5.82M | -8.92M | -4.01M | -123K |
Cash generated by operating activities | 295.50M | 337.51M | 286.36M | 124.83M | 355.15M | 344.31M | 386.38M | 417.50M | 540.37M | 400.70M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -106.26M | -86.84M | -232.46M | -252.90M | -187.78M | -119.65M | -441.38M | -494.46M | 0 |
Investments In Property Plant And Equipment | 0 | -97.90M | -110.92M | -71.51M | -199.81M | -237.23M | -202.15M | -259.47M | -364.41M | -267.36M |
Acquisitions Net | -81.15M | -81.71M | -86.84M | -126.65M | -252.90M | -181.23M | -117.53M | -430.42M | -426.18M | -307.73M |
Cash generated by investing activities | 52.54M | -1.40M | 234.96M | -202.84M | -112.02M | 176.32M | 176.87M | 443.11M | -101.02M | -255.79M |
Financing activities | ||||||||||
Common Stock Issued | 1.21M | 1.74M | 831.58M | 1.53M | 1.51M | 1.57M | 1.86M | 1.69M | 1.51M | 0 |
Payments for dividends | -146.63M | -133.33M | -143.44M | -179.86M | -474.53M | -453.63M | -443.83M | -797.47M | -810.60M | -385.72M |
Repurchases of common stock | 0 | -183K | 520M | 0 | 0 | 415M | -221.42M | -800.01M | -400.14M | 0 |
Repayments of term debt | -151.84M | -137.44M | -2.02B | -628.60M | 199.49M | -469.81M | 201.77M | -2.43B | 784.65M | 351.86M |
Cash used in financing activities | -338.88M | -321.94M | -837.02M | 446.45M | -278.21M | -514.43M | -566.26M | -853.08M | -437.75M | -129.72M |
Net Change In Cash | 9.15M | 14.16M | -315.68M | 368.44M | -35.08M | 6.19M | -3.00M | 7.53M | 1.60M | 15.19M |
Cash at end of period | 190.29M | 181.13M | 166.97M | 482.65M | 114.21M | 149.30M | 91.03M | 94.04M | 86.51M | 84.90M |
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