Cinemark holdings, inc. (CNK)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities
Net income

193,848

215,305

266,019

256,827

218,728

193,999

150,548

171,420

132,582

149,663

100,756

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation

256,118

257,826

235,093

207,091

186,898

173,138

160,071

143,394

150,149

138,637

144,055

Amortization of intangible and other assets and favorable/unfavorable leases

5,037

3,336

2,420

1,980

2,308

2,518

3,899

4,281

4,300

4,871

5,460

Amortization of long-term prepaid rents

-

2,382

2,274

1,826

2,361

1,542

2,625

2,673

2,657

1,786

1,389

Amortization of debt issue costs

5,311

5,561

6,197

5,492

5,151

5,245

5,476

4,792

4,744

4,716

4,775

Amortization of deferred revenues, deferred lease incentives and other

13,665

21,706

16,211

16,731

17,163

13,665

-11,712

9,343

9,629

6,968

4,810

Impairment of long-lived assets

57,001

32,372

15,084

2,836

8,801

6,647

3,794

3,031

7,033

12,538

11,858

Amortization of bond discount

-

-

-

-

-

-

482

933

853

780

365

Amortization of accumulated other comprehensive loss related to terminated interest rate swap agreement

-

-

-

-

-

-

-

2,470

4,236

4,633

4,633

Fair value change in interest rate swap agreements not designated as hedges

-

-

-

-

-

-

-

808

1,130

-

-

Share based awards compensation expense

14,615

14,336

12,681

13,394

15,758

12,818

16,886

15,070

9,692

8,352

4,304

Loss on disposal of assets and other

-12,008

-38,702

-22,812

-20,459

-8,143

-15,715

3,845

-12,168

-8,792

-2,464

3,202

Loss on debt amendments and refinancing

-

1,484

521

13,445

-

-

-

-

-

-

-

Non-cash rent expense

4,360

-

-

-

-

-

-

-

-

-

-

Loss on contribution and sale of digital projection systems to DCIP

-

-

-

-

-

-

-

-

-

2,033

-

Loss on marketable securities - RealD

-

-

-

-

-

-

-

-

-12,610

-

-

Write-off of unamortized debt issue costs associated with early retirement of debt

-

-

-

-

-

-

15,688

-

4,945

-

6,337

Accretion of interest on senior discount notes

-

-

-

-

-

-

-

-

-

-

8,085

Deferred lease expenses

-

-1,320

-1,268

-990

-1,806

2,536

5,701

4,104

4,155

3,940

3,960

Reclassification of cumulative translation adjustments

-

518

-1,551

-

-

-

-

-

-

-

-

Equity in income of affiliates

41,870

39,242

35,985

31,962

28,126

22,743

22,682

13,109

5,651

-3,438

-907

Deferred income tax expenses

-1,843

23,187

-15,015

-5,467

11,095

526

-37,790

5,280

21,676

-8,603

-12,614

Interest paid on redemption of senior notes

-

-

-

-

-

-

8,054

-

-

-

-

Tax benefit related to stock option exercises and restricted stock vestings

-

-

-

-

-

-

-

-

-

2,680

-7,545

Interest paid on repurchased senior discount notes

-

-

-

-

-

-

-

-

-

-

-158,349

Increase in deferred revenue related to new U.S. beverage agreement

-

-

-

-

-

-

-

-

-

-

6,550

Distributions from equity investees

53,366

30,143

25,973

21,916

19,027

19,172

13,658

7,470

7,125

5,486

2,699

Changes in other assets and liabilities:
Inventories

2,367

1,813

541

1,007

2,535

-400

1,539

1,287

-

-

-

Accounts receivable

-11,326

4,584

13,195

706

26,370

-33,804

15,938

2,365

-

-

-

Income tax receivable

794

-8,442

4,363

-15,510

3,527

18,681

-4,060

-10,657

-

-

-

Prepaid expenses and other

24,013

-1,419

775

2,267

2,557

-4,011

3,557

-22

-

-

-

Deferred charges and other assets - net

-8,495

-6,303

-4,956

-1,619

8,126

19,713

-17,624

-26,507

-

-

-

Accounts payable and accrued expenses

36,106

-11,408

23,405

-30,516

43,827

32,570

48,963

37,681

-

-

-

Income tax payable

-6,984

6,670

438

-2,261

936

-15,685

15,035

2,385

-

-

-

Liabilities for uncertain tax positions

341

-10,066

2,041

1,182

1,315

-4,437

-14,345

12,064

-

-

-

Other long-term liabilities

21,309

11,674

7,900

-5,522

5,481

5,491

-134

8,729

-

-

-

Changes in assets and liabilities and other

-

-

-

-

-

-

-

-

-32,062

60,767

-35,656

Net cash provided by operating activities

561,995

556,915

528,998

462,910

455,871

454,634

309,666

395,205

391,201

264,751

176,763

Investing activities
Additions to theatre properties and equipment and other

303,627

346,073

380,862

326,908

331,726

244,705

259,670

220,727

184,819

156,102

124,797

Proceeds from sale of theatre properties and equipment and other

3,155

3,920

15,098

3,570

9,966

2,545

34,271

1,976

6,230

21,791

2,178

Acquisitions of theatres in the U.S. and international markets, net of cash acquired

10,170

11,289

40,997

15,300

2,651

-

259,247

14,080

-

-

-

Acquisition of screen advertising business

-

-

-

1,450

-

1,040

-

-

-

-

-

Proceeds from sale of marketable securities

-

-

-

13,451

-

-

-

-

-

-

-

Investment in joint ventures and other, net

-

19,535

3,715

1,132

3,711

2,188

6,222

1,480

1,520

1,756

2,500

Proceeds from disposition of Mexico theatres

-

-

-

-

-

-

126,167

-

-

-

-

Net cash used for investing activities

-310,642

-451,370

-410,476

-327,769

-328,122

-253,339

-364,701

-234,311

-247,067

-136,067

-183,130

Dividends paid to stockholders

159,281

149,492

135,079

125,490

115,863

115,625

106,045

96,367

95,838

84,502

78,643

Proceeds from stock option exercises

-

-

-

-

-

112

57

459

444

7,914

2,524

Payroll taxes paid as a result of restricted stock withholdings

2,308

2,905

2,943

6,834

4,770

9,861

3,464

3,263

494

416

8,972

Proceeds from issuance of Senior Notes, net of discount

-

-

-

222,750

-

-

-

-

-

-

-

Retirement of Senior Subordinated Notes

-

-

-

200,000

-

-

-

-

-

181

-

Repayments of long-term debt

7,984

7,984

5,671

16,605

8,420

9,846

9,339

9,711

166,898

11,853

12,605

Retirement of senior discount notes

-

-

-

-

-

-

-

-

-

-

261,054

Proceeds from issuance of notes

-

-

-

-

-

-

530,000

400,000

200,000

-

-

Other short term borrowings

-

-

-

-

-

-

1,473

-

-

-

-

Proceeds from amended senior secured credit facility

-

-

-

-

-

-

-

700,000

-

-

-

Repayment of former senior secured credit facility

-

-

-

-

-

-

-

898,955

-

-

-

Redemption of senior notes

-

-

-

-

-

-

461,946

-

-

-

-

Proceeds from issuance of senior notes

-

-

-

-

-

-

-

-

-

-

458,532

Payment of debt issue costs

-

5,218

1,146

7,217

6,957

-

9,328

18,453

4,539

8,858

13,003

Fees paid related to debt amendments

-

704

521

11,076

-

-

-

-

-

-

-

Payments on capital and finance leases

14,600

25,353

21,725

-

-

-

-

-

-

-

-

Payments on capital leases

-

-

-

19,343

16,513

14,035

12,015

9,451

7,526

7,327

6,064

Proceeds from financing lease

-

-

10,200

-

-

-

-

-

-

-

-

Purchases of non-controlling interests

-

-

-

450

-

-

5,621

-

1,443

888

-

Other

-2,333

-992

-1,123

554

1,376

2,422

44

-835

-2,120

-539

-2,416

Net cash used for financing activities

-186,506

-192,648

-158,008

-163,711

-151,147

-146,833

-76,184

63,424

-78,414

-106,650

78,299

Effect of exchange rate changes on cash and cash equivalents

-2,756

-9,222

798

1,266

-26,932

-15,522

-11,516

-3,062

-9,309

5,027

16,401

Increase (decrease) in cash and cash equivalents

62,091

-96,325

-38,688

-27,304

-50,330

38,940

-142,735

221,256

56,411

27,061

88,333

NCM
Acquisition of NCM common units

-

78,393

-

-

-

-

-

-

-

-

-