Airmedia group inc. (AMCN)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)

-179,181

-89,242

142,912

-31,826

-11,520

-32,241

-12,680

-7,583

-37,028

Less: Net income from discontinued operations

0

0

221,183

20,288

18,335

-

-

-

-

Net loss from continuing operations

-179,181

-89,242

-78,271

-52,114

-29,855

-

-

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Bad debt provisions

37,255

12,697

-2,661

3,212

1,049

1,242

2,044

2,223

13,573

Depreciation and amortization

12,048

12,971

5,771

6,294

11,813

24,033

25,138

23,479

16,513

Deferred tax provision

0

4,328

4,681

-2,288

-

-

-

-

-

Impairment of fixed assets, prepaid equipment cost and intangible assets

67,342

826

0

-

-

-

-

-

-

Gain on remeasurement of fair value of cost and equity method investment (net)

-

-

-

-

-

-

-

919

-

Impairment of fixed assets

-

-

-

0

-

9,583

656

1,000

-

Share-based compensation

343

773

567

1,281

943

3,502

4,614

7,971

5,766

(Income) loss and impairment on equity method investments

-2,603

-33

2,352

-212

-69

22

243

290

164

(Gain) loss on disposal of property and equipment

-417

-22

129

11

-296

-1,192

-4,380

-518

-1,097

Impairment loss of loan receivable from a third party

-

-

-

-

-

0

0

-

-

Gain on sale/maturity of short-term investments

0

0

347

643

1,414

2,023

1,040

511

360

Impairment of goodwill

-

-

-

-

-

20,611

1,003

0

-

Changes in assets and liabilities
Accounts receivable

1,874

3,250

-13,742

-9,371

6,475

8,609

28,728

21,089

18,154

Notes receivable

0

0

-762

116

646

0

0

-

-

Prepaid concession fees

-1,656

3,043

-7,302

997

3,388

-2,358

-10,178

3,894

-17,246

Other current assets

821

5,369

16,045

-2,224

-4,115

3,147

3,705

-4,540

1,431

Long-term deposits

-789

1,962

-3,632

108

-868

7,033

499

-

-

Other non-current assets

-1,304

781

-2,778

5,095

661

0

0

-

-

Long term deposits

-

-

-

-

-

-

-

-2,815

-

Long term deposits

-

-

-

-

-

-

-

-

1,086

Amount due from related parties

1,310

-1,813

4,873

953

0

1,148

-169

302

-

Accounts payable

4,491

6,730

-8,591

-1,723

2,977

8,269

18,734

5,534

14,209

Accrued expenses and other current liabilities

-920

2,030

-6,762

-466

168

-1,397

1,555

262

-101

Deferred revenue

-525

517

-2,643

-1,905

621

6,586

-1,805

-702

6,530

Amount due to related parties

0

-15,023

12,803

0

0

0

0

-

-

Deferred tax assets (liabilities), net

-

-

-

-

4,394

1,831

1,319

-

-

Deferred tax assets (liabilities), net

-

-

-

-

-

-

-

-3,526

-6,953

Income tax payable

-1,712

-27,377

42,600

-68

318

305

-520

1,100

-799

Other noncurrent liabilities

-475

-303

0

1,264

0

0

-

-

-

Net cash used in continuing operations

-58,570

-103,610

-28,036

-42,629

-23,596

20,230

17,932

-

-

Net cash used in discontinued operations

0

0

-41,026

40,815

24,133

-

-

-

-

Net cash used in operating activities

-58,570

-103,610

-69,062

-1,814

537

-

-

10,626

8,858

CASH FLOWS FROM INVESTING ACTIVITIES:
Consideration receivable

0

195,915

0

0

-

-

-

-

-

Payments for acquisition of business (net of cash acquired of $212, nil and nil in 2010, 2011 and 2012, respectively)

-

-

-

-

-

-

-

14,758

6,070

Payment for contingent consideration in connection with a business combination

-

-

-

-

-

-

2,966

2,415

-

Purchase of property and equipment

7,170

21,558

10,389

4,306

803

9,287

4,186

8,910

28,702

Prepaid equipment costs

-

-

-

11,224

56,996

0

0

-

-

Proceeds from disposal of property and equipment

0

0

978

18

30

127

172

137

72

Purchase of intangible assets

-

-

-

-

-

-

-

-

146

Net amount received upon settlement of short-term investment

0

-3,617

-14,206

-26,073

-111

42,464

-1,040

-1,226

190

Dividend received from equity method investee

-

-

-

242

686

0

0

-

-

Loan to related party

-

-

-

-

-

-

-

-

5,575

Restricted cash

-

-

-

3,223

0

1,580

-748

5,281

1,447

Acquisition of Guangzhou Xinyu

0

0

-4,808

0

-

-

-

-

-

Acquisition of Guangzhou Xinyu (net of cash acquired of $nil)

-

-

-

-

0

-

-

-

-

Acquisition of AM Jiaming

0

0

325

0

0

-

-

-

-

Acquisition of equity interests from non-controlling shareholders

1,414

32,838

0

0

-

-

0

-

-

Acquisition of equity investments

-

-

-

0

-

-

-

-

-

Proceeds from disposal of equity investment

1,502

3,014

0

0

-

-

-

-

-

Capital injection in AM Guangying

-

-

-

-

-

2,223

0

367

586

Proceeds from equity exchange for Xinghe Union (net of cash acquired of $527)

-

-

-

-

-

0

-

-

-

Disposal of controlling interest in a former subsidiary

0

0

14

0

0

0

-

-

-

Loan to third parties

22,635

17,093

5,572

0

0

0

-

-

-

Purchase of long term investment

-17,449

-475

-3,033

-1,629

-1,645

-

-

-

-

Loan receivable from a third party

-

-

-

-

-

1,579

0

-

-

Net cash (used in) provided by continuing operations

-47,166

130,582

-8,307

5,951

-58,617

-57,006

-5,192

-

-

Net cash provided by discontinued operations

0

0

93,226

-12,108

-11,849

-

-

-

-

Loan receivable from a third party

-

-

-

-

-

-

-

0

-

Net cash provided by (used in) investing activities

-47,166

130,582

84,919

-6,157

-70,466

-

-

-30,368

-42,644

CASH FLOWS FROM FINANCING ACTIVITIES:
Share repurchase

-

-

-

-

-

-

7,373

-

-

Cash paid for treasury stock

-

-

-

-

2,846

3,421

3,775

0

7,387

Cash received from short-term loan

-

-

-

3,000

0

0

-

-

-

Cash payment for a short-term loan

0

0

3,000

0

0

-

-

-

-

Capital contribution from non-controlling interest

874

9,796

0

11,241

59,438

0

0

-

2,195

Treasury stock

-

-

-

-

-

-

-

0

-

Distribution of dividends to non-controlling interests

0

0

221

0

675

-

-

1,091

-

Proceeds from disposal of equity interests of AirMedia Lianhe

0

0

536

1,958

0

-

-

-

-

Proceeds from options exercised

0

1,334

4,826

624

21

161

229

1,163

1,279

Proceeds from disposal of equity interests of AM Lianhe

-

-

-

-

-

0

-

-

-

Acquisition of non-controlling interests

-

-

-

-

-

0

-

-

-

Dividend paid to non-controlling interests

-

-

-

-

-

0

0

-

-

Net cash provided by continuing operations

874

11,130

2,141

16,823

55,938

-3,260

-10,919

-

-

Net cash used in discontinued operations

0

0

0

0

-1,627

-

-

-

-

Net cash provided by financing activities

874

11,130

2,141

16,823

54,311

-

-

72

-3,913

Effect of exchange rate changes

5,787

-7,515

-1,698

-1,067

1,636

936

4,408

2,421

-81

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

-99,075

30,587

16,300

-

-

-

-

-

-

Net increase in cash

-

-

-

7,785

-13,982

-39,100

6,229

-19,670

-37,780

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income tax paid

1,601

27,712

957

1,812

1,340

4,016

2,105

1,941

1,721

Interests paid for short-term loan

0

0

10

-

-

-

-

-

-

Interests paid for short-term loan

-

-

-

75

0

0

-

-

197

Fair value of property, equipment and other assets acquired in exchange of advertising services rendered and subsidiary's equity transferred

169

541

304

11,083

50,305

1,987

2,823

262

1,280

SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:
Payable for purchase of property and equipment

3,569

0

15,925

8,526

3,561

5,679

5,251

-

-

Acquisition of non-controlling interests

0

1,882

0

0

-

-

-

-

-

Receivable of capital contribution from non-controlling interest

989

1,399

0

0

-

-

-

-

-

Dividend payable to non-controlling interests

-

-

-

73

0

-

-

-

-

Receivable for disposal of equity interests of AM Film and AM Lianhe

0

0

233

1,118

0

-

-

-

-

Receivable for disposal of 51% equity in AM Jiaming

-

-

-

53

0

-

-

-

-

Consideration receivable

0

0

200,685

0

0

-

-

-

-