Amc entertainment holdings, inc. (AMC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13
Cash flows from operating activities:
Net earnings (loss)

-149,100

110,100

-487,200

111,700

103,900

64,080

364,400

Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization

450,000

537,800

538,600

268,200

233,000

216,321

197,537

Loss on NCM charged to merger, acquisition and transaction costs

-

-

22,600

-

-

-

-

Loss on extinguishment of debt

-16,600

-

-500

-

-

8,544

422

Deferred income taxes

-33,700

-6,400

157,800

34,100

51,600

32,430

-266,598

Impairment of long-lived assets

84,300

13,800

43,600

5,500

1,700

3,149

-

Amortization of net discount (premium) on corporate borrowings

11,300

200

-2,700

200

800

832

-12,687

Amortization of deferred charges to interest expense

15,800

16,000

12,700

6,100

3,500

2,664

-

Theatre and other closure expense

-

-

-

-5,200

-5,000

-9,346

5,823

Non-cash portion of stock-based compensation

4,400

14,900

5,700

4,900

10,500

11,293

12,000

Gain on dispositions

17,400

3,200

2,500

2,400

-300

630

2,876

Gain on derivative asset and derivative liability

-5,800

-111,400

-

-

-

-

-

Repayment of Nordic interest rate swaps

-

-

2,600

-

-

-

-

Equity in (earnings) loss from non-consolidated entities, net of distributions

-2,700

40,000

3,900

15,400

9,600

102

19,611

NCM held-for-sale impairment loss

-

16,000

208,000

-

-

-

1,370

Landlord contributions

106,500

127,600

133,300

125,100

83,300

59,518

-18,090

Non-cash rent - purchase accounting

25,700

-

-

-

-

-

-

Deferred rent

62,300

101,600

52,900

33,700

24,500

18,056

6,333

Net periodic benefit cost

1,700

1,100

600

700

-18,200

-3,418

973

Change in assets and liabilities, excluding acquisitions:
Receivables

-700

200

36,600

56,700

1,400

-308

3,365

Other assets

-30,900

400

4,800

29,100

2,800

4,282

8,915

Accounts payable

104,800

-85,600

34,700

21,500

41,300

-13,692

64,215

Accrued expenses and other liabilities

-600

68,500

-21,400

-18,400

-8,700

-52,603

14,822

Other, net

7,500

3,400

11,500

-4,200

2,200

1,312

1,081

Net cash provided by operating activities

579,000

523,200

537,400

431,700

467,500

297,302

357,342

Cash flows from investing activities:
Capital expenditures

518,100

576,300

626,800

421,700

333,400

270,734

260,823

Acquisition of Nordic Cinemas Group, net of cash and restricted cash acquired

11,800

-

-

-

-

-

-

Proceeds from sale leaseback transaction

-

50,100

136,200

-

-

-

-

Proceeds from disposition of long-term assets

23,200

14,200

24,100

19,900

600

238

3,880

Investments in non-consolidated entities, net

9,700

11,400

11,100

-10,500

-

1,522

3,265

Other, net

-300

2,100

2,300

6,500

1,800

-327

7,448

Net cash used in investing activities

-516,100

-317,200

-959,300

-1,331,500

-509,400

-271,691

-268,784

Cash flows from financing activities:
Proceeds from issuance of Term Loan Due 2026

-

-

-

498,700

-

-

-

Call premiums paid for Senior Secured Notes due 2023 and Senior Subordinated Notes due 2022

15,900

-

-

-

-

-

-

Proceeds from issuance of Senior Unsecured Convertible Notes

-

600,000

-

310,000

-

-

-

Net proceeds from equity offering

-

-

616,800

-

-

-

-

Proceeds from issuance of bridge loan due 2017

-

-

-

350,000

-

-

-

Proceeds from extension and modification of Term Loan due 2022

-

-

-

-

124,400

-

-

Repurchase of Senior Subordinated Notes due 2020

-

-

-

-

645,700

-

-

Borrowings (repayments) under revolving credit facilities

-12,000

12,100

-

-75,000

75,000

-

-

Principal payment of Bridge Loan due 2017

-

-

350,000

-

-

-

-

Payments for Loans

1,400

1,400

1,400

-

-

-

-

Principal payments under Term Loan

21,900

13,800

12,600

8,800

5,800

7,750

7,813

Net proceeds (disbursements) from IPO

-

-

-

-

-

-

-355,580

Repurchase of Senior Notes due 2019

-

-

-

-

-

639,728

-

Payments of Stock Issuance Costs

-

-

-

800

-

281

-

Repayments under Revolving Credit Facility

-

-

-

75,000

-

-

-

Principal payment of Loan

-

-

-

1,400

1,400

1,389

-

Principal payments under capital and financing lease obligations

10,900

71,000

70,700

10,800

7,800

6,941

6,446

Principal payments under promissory note

1,400

1,400

1,400

-

-

-

-

Principal amount of coupon payment under Senior Subordinated Notes due 2020

-

-

-

-

3,500

6,227

-

Cash used to pay for deferred financing costs

11,900

15,500

33,600

65,900

21,300

7,952

9,126

Payment of construction payables

-

-

-

-

-

-

19,404

Cash used to pay dividends

84,100

258,100

104,600

79,600

78,600

58,504

-

Taxes paid for restricted unit withholdings

1,300

1,700

6,500

-

-

-

-

Retirement of Class B common stock

-

423,600

-

-

-

-

-

Purchase of treasury stock

-

21,800

34,000

-

-

92

588

Net cash provided by (used in) financing activities

-112,900

-194,800

492,300

918,200

35,300

-353,864

324,928

Effect of exchange rate changes on cash and cash equivalents and restricted cash

1,500

-5,500

17,700

600

-400

5

-103

Net increase (decrease) in cash and cash equivalents and restricted cash

-48,500

5,700

88,100

19,000

-7,000

-328,248

413,383

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for:
Interest (including amounts capitalized of $1.0 million, $0.5 million and $0.3 million)

284,500

278,300

226,700

105,400

103,900

113,578

152,220

Income taxes (received) paid, net

-1,700

19,500

10,900

4,700

5,300

1,084

1,646

Schedule of non-cash activities:
Investment in NCM (See Note 6-Investments)

-

-6,300

235,200

-

76,100

2,137

-

NCM
(Gain) loss on disposition

-

30,600

-22,600

-

-

-

-

Proceeds from disposition of NCM

-

162,500

89,000

-

-

-

-

Open Road Films
(Gain) loss on disposition

-

-

17,200

-

-

-

-

Proceeds from disposition of NCM

-

-

9,200

-

-

-

-

Nordic
Acquisition of Nordic Cinemas Group, net of cash and restricted cash acquired

-

-

577,600

-

-

-

-

Odeon
Acquisition

-

-

-

415,600

-

-

-

Carmike
Acquisition

-

-

-

497,800

-

-

-

Starplex Cinemas
Acquisition

-

-

-

-700

-

-

-

Screenvision
Proceeds from disposition of NCM

-

45,800

-

-

-

-

-

Senior Secured Credit Facility Term-Loan Due 2026
Proceeds from issuance of Term Loan Due 2026

1,990,000

-

-

-

-

-

-

Proceeds from issuance of Senior Unsecured Convertible Notes

1,990,000

-

-

-

-

-

-

6.375% Senior Subordinated Notes due 2024
Proceeds from issuance of Term Loan Due 2026

-

-

327,800

-

-

-

-

Proceeds from issuance of Senior Unsecured Convertible Notes

-

600,000

-

-

-

-

-

Proceeds from issuance of Senior Subordinated Notes

-

-

327,800

310,000

-

-

-

5.875% Senior Subordinated Notes due 2022
Proceeds from issuance of Term Loan Due 2023

-

-

-

498,700

-

-

-

Payments of Senior Subordinated Notes

375,000

-

-

-

-

-

-

5.875% Senior Subordinated Notes due 2026
Proceeds from issuance of Senior Unsecured Convertible

-

-

-

595,000

-

-

-

Proceeds from issuance of Senior Subordinated Notes

-

-

-

595,000

-

-

-

6.125% Senior Subordinated Notes due 2027
Proceeds from issuance of Senior Subordinated Notes

-

-

475,000

-

-

-

-

Proceeds from issuance of bridge loan due 2017

-

-

350,000

-

-

-

-

Term Loan Facility (SEK)
Proceeds from issuance of bridge loan due 2017

-

-

-144,400

-

-

-

-

Principal payments under Term Loan

-

-

144,400

-

-

-

-

Term Loan facility (EUR)
Proceeds from issuance of bridge loan due 2017

-

-

-169,500

-

-

-

-

Principal payments under Term Loan

-

-

169,500

-

-

-

-

Bridge Loan Agreement due 2017
Proceeds from issuance of bridge loan due 2017

-

-

-

350,000

-

-

-

Senior Secured Credit Facility Term Loans Due 2022 And 2023
Principal payments under Term Loan

1,338,500

-

-

-

-

-

-

6.0% Senior Secured Notes due 2023
Payments of Senior Subordinated Notes

230,000

-

-

-

-

-

-

Senior Secured Note GBP Due 2018
Payments of Senior Subordinated Notes

-

-

-

380,700

-

-

-

Senior Secured Note EUR Due 2018
Payments of Senior Subordinated Notes

-

-

-

212,500

-

-

-

Senior Secured Note GBP 9.0 Percent Due 2018 [Member]
Payments of Senior Subordinated Notes

-

-

-

380,700

-

-

-