Warner Music Group Corp.
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 Warner Music Group Corp. generated cash of $754,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$396,000,000 last year. Net change in cash is therefore $53,000,000.
Cash Flow
| 2015 | 222M | -95M | -19M |
|---|---|---|---|
| 2016 | 342M | -8M | -216M |
| 2017 | 535M | -126M | -128M |
| 2018 | 425M | 405M | -955M |
| 2019 | 400M | -376M | 88M |
| 2020 | 463M | -219M | -316M |
| 2021 | 638M | -638M | -61M |
| 2022 | 742M | -824M | 188M |
| 2023 | 687M | -300M | -325M |
| 2024 | 754M | -311M | -396M |
WMG Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 641M | 584M | 499M | 553M | 619M | 514M | 647M | 359M | 246M | 157M |
Operating activities | ||||||||||
Net income | 478M | 439M | 555M | 307M | -470M | 258M | 312M | 149M | 30M | -88M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 327M | 332M | 339M | 306M | 261M | 269M | 261M | 251M | 293M | 309M |
Stock-based compensation expense | 52M | 49M | 39M | 45M | 608M | 50M | 62M | 70M | 23M | 3M |
| Deferred income tax benefit | 52M | 49M | 39M | 45M | 608M | 50M | 62M | 70M | 23M | 3M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -110M | -113M | -195M | -58M | 18M | -90M | -43M | -60M | 17M | 6M |
Inventories | 30M | -12M | -22M | -19M | -2M | 3M | -3M | 1M | 16M | -6M |
Accounts payable | 86M | 77M | -21M | 91M | -32M | 3M | 82M | 48M | 23M | -17M |
Cash generated by operating activities | 754M | 687M | 742M | 638M | 463M | 400M | 425M | 535M | 342M | 222M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -126M | -509M | -64M | -94M | -231M | -23M | -139M | -28M | -16M |
Investments In Property Plant And Equipment | -116M | -241M | -326M | -574M | -125M | -145M | -88M | -60M | -67M | -79M |
Acquisitions Net | 19M | 0 | 326M | -64M | -94M | -231M | -23M | 73M | 45M | -16M |
Cash generated by investing activities | -311M | -300M | -824M | -638M | -219M | -376M | 405M | -126M | -8M | -95M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -361M | -340M | -318M | -265M | -344M | -94M | -925M | -84M | 0 | 0 |
Repurchases of common stock | 0 | 0 | -6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 164M | 535M | -849M | -1.37B | 197M | -635M | 1M | -497M | -16M |
Cash used in financing activities | -396M | -325M | 188M | -61M | -316M | 88M | -955M | -128M | -216M | -19M |
Net Change In Cash | 53M | 57M | 85M | -54M | -66M | 105M | -133M | 288M | 113M | 89M |
Cash at end of period | 694M | 641M | 584M | 499M | 553M | 619M | 514M | 647M | 359M | 246M |
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