Ares management corporation (ARES)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities:
Net income (loss)

-24

372

304

260

199

152

267

303

403

172

136

170

144

286

197

42

6

62

0

0

0

Adjustments to reconcile net income to net cash used in operating activities

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Cash flows due to changes in operating assets and liabilities

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Allocable to non-controlling interest in Consolidated Funds:
Net cash used in operating activities

-2,096

-2,083

-1,373

-1,420

-1,847

-1,417

-2,393

-2,846

-1,490

-1,863

-1,558

-998

-892

-625

-265

73

44

-527

0

0

0

Cash flows from investing activities:
Purchase of furniture, equipment and leasehold improvements, net

-

-

-

-

-

18

19

19

25

33

31

27

19

11

0

0

0

-

-

-

-

Net cash used in investing activities

-52

-16

-16

-16

-18

-18

-19

-19

-25

-33

-31

-27

-19

-11

-10

-9

-10

-75

0

0

0

Cash flows from financing activities:
Allocable to non-controlling interests in Consolidated Funds:
Net cash provided by financing activities

3,214

2,122

1,422

1,557

1,844

1,405

2,336

2,839

1,508

1,654

1,442

902

924

880

235

111

9

581

0

0

0

Effect of exchange rate changes

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Ares Management L.P
Adjustments to reconcile net income (loss) to net cash used in operating activities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows due to changes in operating assets and liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of furniture, equipment and leasehold improvements, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuance of Class A common stock

590

206

206

0

-0

105

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from credit facility

980

335

535

590

585

680

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from term notes

-

-

-

-

-

44

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of credit facility

500

500

640

395

405

655

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of term loans

-

-

-

-

-

206

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Dividends and distributions

355

323

303

283

296

312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Series A Preferred Stock dividends and distributions

21

21

21

21

21

21

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock option exercises

110

90

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to net share settlement of equity awards

85

33

32

32

31

18

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

-7

-3

-1

-0

5

3

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated Funds
Adjustments to reconcile net income (loss) to net cash used in operating activities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows due to changes in operating assets and liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash used in operating activities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows due to changes in operating assets and liabilities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from non-controlling interests in Consolidated Funds

252

172

164

115

117

71

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to non-controlling interests in Consolidated Funds

89

96

178

155

179

159

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under loan obligations by Consolidated Funds

3,400

3,341

2,248

2,628

3,296

2,901

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repayments under loan obligations by Consolidated Funds

1,048

1,035

626

956

1,019

1,027

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-