Clear channel outdoor holdings, inc. (CCO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-481,446

-361,777

-361,996

-208,023

-239,561

-202,845

-768,436

-768,547

-728,052

-626,210

9,867

44,603

-14,205

157,877

36,213

44,782

115,324

-58,715

13,075

29,697

80,535

17,119

-15,722

-5,152

-46,546

-24,326

-182,923

-170,088

-188,166

-159,210

9,897

-5,142

28,418

63,219

0

0

0

Reconciling items:
Depreciation and amortization

310,001

309,324

306,196

307,375

309,968

318,952

333,343

337,034

332,557

325,991

322,855

327,539

336,223

344,124

353,572

360,832

367,263

375,962

388,899

396,275

401,595

406,243

404,816

402,744

401,585

403,170

403,144

405,152

407,254

399,264

401,528

416,110

422,042

432,035

0

0

0

Impairment charges

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Income Tax Expense (Benefit)

55,767

24,067

-15,127

-47,249

-16,473

14,395

-242,881

-241,230

-278,595

-311,085

-23,865

-33,783

-36,208

32,025

41,401

42,045

53,819

5,902

-16,680

465

-6,367

-33,569

-17,183

-29,448

-30,646

-31,216

-162,385

-162,622

-164,869

-157,315

-20,425

-9,152

2,620

-1,393

0

0

0

Provision for doubtful accounts

8,112

6,223

7,048

8,487

7,547

7,387

5,520

5,985

7,905

6,740

8,543

8,069

9,162

10,659

13,142

14,902

12,877

13,384

10,442

8,151

8,154

7,150

7,077

5,808

4,933

5,124

5,934

7,553

6,892

7,000

5,502

5,572

5,493

5,977

0

0

0

Amortization of deferred financing charges and note discounts, net

10,195

10,300

10,548

10,667

10,738

10,730

10,531

10,452

10,472

10,527

10,661

10,683

10,642

10,572

10,157

9,683

9,212

8,770

8,689

8,679

8,669

8,660

8,651

8,626

8,593

8,562

8,917

9,939

10,973

10,963

0

0

0

-

-

-

-

Share-based compensation

17,713

15,770

14,176

15,287

8,245

8,517

9,194

8,956

9,337

9,590

9,253

9,101

10,280

10,291

10,648

10,222

8,947

8,502

8,076

7,222

7,658

7,743

7,790

7,980

8,074

7,725

7,220

9,228

9,048

10,589

0

0

0

-

-

-

-

Income (Loss) from Equity Method Investments

-

-

-

-

-

-

-

-

-330

-

-1,144

-1,243

-1,746

-1,689

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-96,271

-101,745

-101,745

-5,474

-5,474

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of operating and other assets, net

0

-

-

0

0

-

-

-11,135

-3,787

29,347

161,754

178,187

111,288

363,485

230,116

229,761

289,632

5,468

7,655

7,502

6,502

7,801

18,099

20,080

23,530

22,979

14,201

49,994

49,043

50,943

0

0

0

-

-

-

-

Foreign exchange transaction loss (gain)

-21,567

-2,248

-41,170

-22,670

-52,616

-33,580

-14,082

2,319

45,629

29,563

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other reconciling items, net

5,561

5,178

1,425

4,149

2,932

2,460

2,433

405

2,166

2,675

4,628

43,034

7,101

666

-18,446

-75,956

-26,988

-1,350

12,191

35,855

33,647

14,461

20,464

13,260

466

-2,188

-3,182

56

-1,659

-112

2,322

59

2,707

5,329

0

0

0

Changes in operating assets and liabilities:
Decrease in accounts receivable

6,572

12,555

36,892

37,617

41,666

74,598

37,257

9,830

40,525

39,790

37,208

23,947

12,673

-30,308

-29,424

-15,478

11,642

57,580

68,724

45,682

55,170

38,618

13,119

23,627

-30,560

-43,429

-3,055

18,059

42,114

46,294

9,943

-24,328

-34,869

-15,829

0

0

0

Increase in prepaid expenses

19,907

36,540

11,470

7,646

-16,854

-2,077

-6,111

236

-26,280

-9,608

-7,605

2,320

51,703

15,939

21,314

5,546

-29,200

7,578

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other current assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in accounts payable

33,768

-13,519

8,643

6,424

-9,156

29,247

13,524

31,474

41,954

-4,126

18,728

-6,131

-1,113

-3,797

-3,800

14,422

3,138

25,690

7,683

11,496

-13,009

-4,460

2,283

-5,651

18,472

-10,407

-12,008

-4,473

-4,964

2,503

4,536

4,027

20,127

23,702

0

0

0

Decrease in accrued expenses

-27,078

26,060

28,972

30,992

27,803

25,394

13,205

20,049

26,733

-7,316

38,761

39,016

30,057

25,518

51,258

-9,186

-828

3,617

-31,765

-10,465

-9,706

18,312

19,699

32,632

23,748

19,304

19,070

2,471

19,644

25,294

-32,429

-23,524

3,784

-35,842

0

0

0

Increase (decrease) in accrued interest

22,230

88,551

19,825

56,529

2,334

1,385

4,432

980

4,087

431

1,168

-2,775

1,960

194

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in deferred revenue

-5,791

2,956

40,716

9,095

12,284

41,347

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in deferred income

-

-

-

-

-

-

-

-

-

-

-

0

962

-

0

0

-12,058

-

-4,973

-7,907

-8,900

-5,370

-970

30,148

27,586

334

19,831

-18,979

-10,703

24,069

-11,559

-2,316

-7,607

-10,212

0

0

0

Changes in other operating assets and liabilities, net

-3,474

-47,646

23,667

5,165

15,087

30,241

14,735

16,989

2,317

-809

4,401

-10,034

-2,550

-10,386

-21,153

16,127

14,017

20,758

17,764

6,913

-6,365

19,059

12,292

6,255

19,778

-6,906

-20,219

-27,451

-36,123

-27,806

-60,654

-44,824

-42,358

-6,816

0

0

0

Net cash provided by (used for) operating activities

163,585

214,526

136,176

176,542

134,569

187,275

207,438

245,070

214,854

160,118

191,460

200,661

242,630

308,510

362,596

332,991

305,133

298,685

285,814

322,356

330,100

348,423

352,372

391,291

409,411

414,640

380,355

298,823

293,034

355,138

391,468

480,976

573,133

517,218

0

0

0

Cash flows from investing activities:
Purchases of property, plant and equipment

225,794

221,152

237,822

229,045

210,580

211,079

199,491

182,474

216,566

224,238

216,635

235,796

218,914

229,772

227,719

225,354

223,719

218,332

234,330

228,235

234,356

231,169

227,299

219,049

205,374

206,187

202,553

224,886

259,028

275,577

314,019

316,072

300,679

291,050

0

0

0

Purchases of concession rights

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sale of Productive Assets

-

-

-

-

-

9,770

7,578

15,354

20,051

72,049

287,464

284,277

274,783

808,194

594,549

592,787

597,016

11,264

9,515

8,102

11,377

12,861

36,480

39,436

41,256

42,134

19,865

58,824

53,639

56,433

0

0

0

-

-

-

-

Purchases of other operating assets

-

-

-

-

-

-

-

-

-

-

3,539

2,285

1,735

2,244

23,715

24,457

25,184

23,640

2,298

1,590

669

912

9,869

10,178

10,752

10,483

-2,837

-3,631

4,355

5,719

10,953

20,790

14,045

14,794

0

0

0

Other investing activities, net

-1,066

-1,713

-1,187

2,219

1,820

2,283

3,047

2,107

1,985

2,333

-27,193

-27,935

-12,059

2,098

55,094

56,228

41,388

27,017

2,702

3,115

2,069

3,384

3,826

3,863

3,793

3,143

2,660

1,324

3,572

4,164

-2,484

-2,987

-1,086

-7,206

0

0

0

Net cash provided by (used for) investing activities

-228,410

-220,042

-232,575

-222,016

-203,911

-203,592

-191,976

-167,516

-197,436

-154,522

94,483

74,131

66,193

574,080

288,021

286,748

306,725

-257,725

-229,462

-208,665

-209,544

-206,431

-188,694

-193,654

-178,663

-177,679

-187,232

-168,476

-218,037

-233,748

-279,745

-337,154

-307,840

-298,934

0

0

0

Cash flows from financing activities:
Draws on credit facilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,190

3,010

820

2,935

2,935

2,752

2,752

-1,661

1,708

2,063

2,063

4,361

992

0

0

0

0

Repayments of Lines of Credit

-

-

-

-

-

-

-

-

-

909

1,281

1,704

1,898

2,100

2,273

2,368

2,567

3,849

3,954

4,645

4,866

3,682

6,503

5,146

5,490

4,815

0

0

0

-

-

-

-

4,151

0

0

0

Proceeds from long-term debt

3,240,000

5,475,000

5,475,197

2,235,197

2,235,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,917,643

0

0

0

-

-

-

-

Payments on long-term debt

3,521,052

5,716,036

5,711,110

2,200,429

2,200,531

632

626

716

740

748

962

1,566

1,980

2,334

1,991

1,145

560

56

54

52

50

48

1,183

1,861

2,200

6,626

2,698,963

2,699,312

2,702,333

2,700,786

14,157

20,483

20,470

20,099

0

0

0

Debt issuance costs

38,598

64,816

64,105

27,107

28,362

1,610

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net transfers from iHeartCommunications

-8,757

43,399

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

0

0

0

-

-

-

29,909

69,988

0

0

0

-

-

-

-

Proceeds from (Repayments of) Related Party Debt

-

-

-

-

-

-

-

-

-91,814

-

-281,886

-239,179

-275,060

45,099

0

0

0

-

-

-

-159,033

-68,804

-68,672

99,340

180,208

149,957

221,328

138,510

24,829

73,127

181,944

228,386

293,963

272,262

0

0

0

Proceeds from (Payments to) Noncontrolling Interests

-

-

-

-

-

-

-

-

-12,933

-

-7,898

-15,488

-15,302

-16,917

-80,004

-60,216

-33,778

-30,870

35,534

37,421

17,159

18,995

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Payments of Dividends

-

-

-

-

-

30,678

80,826

81,393

81,061

332,824

283,047

283,358

282,994

755,538

755,149

754,235

754,217

0

0

0

0

-

-

-

-

-

-

-

-

2,170,396

0

0

0

-

-

-

-

Other financing activities, net

-3,288

-3,502

-3,760

-2,138

-706

-712

2,829

-2,386

-2,455

-2,696

-6,320

-2,290

-743

-1,565

-10,346

-9,067

-7,684

-5,955

3,833

4,366

2,477

2,236

4,234

3,857

4,053

4,192

1,401

2,249

2,033

6,381

11,612

10,779

8,735

1,009

0

0

0

Net cash provided by financing activities

304,269

220,009

247,303

221,414

70,527

40,686

-48,256

-27,935

-37,924

-379,513

-419,338

-533,604

-571,121

-726,499

-425,582

-300,755

-325,558

199,054

-71,564

-197,472

-171,009

-261,309

-375,516

-373,548

-510,603

-484,393

-310,126

-224,877

-57,379

-105,549

-210,566

-258,628

-320,570

-298,744

0

0

0

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

-9,564

-287

-7,068

-5,332

-12,516

-9,810

-5,452

-1,029

9,240

9,536

2,761

704

-5,394

-5,330

-3,405

-9,096

-3,695

-13,231

-15,603

-12,310

-12,494

-9,024

-3,002

3,180

2,822

-2

689

1,907

-5,112

3,483

1,771

-10,378

-1,531

-903

0

0

0

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

229,880

214,206

143,836

170,608

-11,331

14,559

-38,246

48,590

-11,266

-364,381

0

0

-267,692

-

221,630

309,888

282,605

226,783

-30,815

-96,091

-62,947

-128,341

-214,840

-172,731

-277,033

-247,434

-116,314

-92,623

12,506

19,324

-97,072

-125,184

-56,808

-81,363

0

0

0

Supplemental Disclosures:
Cash paid for interest and dividends on mandatorily-redeemable preferred stock

367,279

323,892

398,038

349,371

391,986

375,489

376,561

378,196

373,604

374,309

366,344

372,446

368,851

368,051

366,338

360,410

354,263

356,021

347,756

346,200

346,094

347,786

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes, net of refunds

19,391

25,198

30,218

30,456

33,763

29,002

27,366

30,210

25,857

33,747

35,156

39,668

42,746

40,185

49,173

48,762

48,770

43,781

45,449

45,669

41,472

43,275

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-