Endo International plc ENDP Cash Flow

Endo international plc (ENDP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
OPERATING ACTIVITIES:
Net income (loss)
-422,636	-1,031,469	-2,035,433	-3,347,050	-1,495,325	-718,184	-632,414	-688,021
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:
Depreciation and amortization
612,862	723,707	983,765	983,309	632,756	331,651	255,663	285,524
Inventory step-up
0	261	390	108,768	232,461	65,582	0	880
Share-based compensation
59,142	54,071	50,149	59,769	61,185	32,671	38,998	59,395
Amortization of debt issuance costs and discount
18,107	20,514	22,694	28,514	23,604	29,086	36,264	36,699
(Benefit) provision for bad debts
-	-	-	-	5,073	165	3,495	3,402
Provision for inventory reserve
-	-	-	-	-	39,606	-	-
Deferred income taxes
-5,561	5,557	-156,129	-745,341	-447,168	-275,123	-155,727	-193,960
Net loss on disposal of property, plant and equipment
-	-	-	-	-	-2,626	-2,571	-50
Change in fair value of contingent consideration
-46,098	19,910	49,949	23,823	-65,640	0	0	-
Gain on extinguishment of debt
119,828	0	-51,734	0	-67,484	-31,817	-11,312	-7,215
Asset impairment charges
526,082	916,939	1,154,376	3,802,493	1,390,281	22,542	680,198	768,467
(Gain) loss on sale of business and other assets
6,367	45,155	13,809	-3,192	10,294	8,780	2,665	0
Changes in assets and liabilities which (used) provided cash:
Accounts receivable
-19,158	-17,090	-484,710	502	274,994	341,404	80,195	-40,395
Inventories
27,139	-67,269	-147,189	-66,876	-29,130	-2,740	29,286	96,318
Prepaid and other assets
-11,370	12,797	-5,345	-69,273	-21,283	-51,895	22,509	-18,942
Accounts payable, accrued expenses and other liabilities
-525,746	-425,336	-87,944	-1,207,047	443,398	1,453,388	-	-
Income taxes payable/receivable, net
4,706	-43,291	-103,001	682,066	564,659	80,251	-31,826	74,931
Accounts payable
-	-	-	-	-	-	-159,532	142,609
Accrued expenses
-	-	-	-	-	-	-167,107	424,340
Other liabilities
-	-	-	-	69,926	-302,251	487,625	-809
Net cash provided by (used in) operating activities
98,052	267,270	553,985	528,143	118,501	337,776	298,517	733,879
INVESTING ACTIVITIES:
Purchases of property, plant and equipment, excluding capitalized interest
63,854	83,398	125,654	138,856	81,774	80,425	96,483	99,818
Capitalized interest payments
3,833	3,549	0	0	-	-	-	-
Proceeds from sale of intellectual property and property, plant and equipment
-	-	-	-	-	174	1,857	1,426
Acquisitions, net of cash and restricted cash acquired
-	-	-	30,394	7,648,048	1,086,510	3,645	3,175
Proceeds from sale of marketable securities and investments
-	-	-	-	1,230	87,233	0	18,800
Decrease in notes receivable
0	0	7,000	0	17	32,659	0	0
Increase in notes receivable
-	-	-	-	-	35,400	0	0
Product acquisition costs and license fees
0	3,000	0	19,206	43,968	5,000	12,000	-5,700
Proceeds from sale of business and other assets, net
6,577	70,369	223,237	10,870	1,588,779	54,521	8,150	0
Proceeds from settlement escrow
-	-	-	-	-	-11,518	11,518	0
Increase in restricted cash and cash equivalents
-	-	-	-	-	633,173	770,000	0
Decrease in restricted cash and cash equivalents
-	-	-	-	-	869,936	0	0
Other investing activities
-912	-1,678	0	-34	-	-12,614	0	0
Net cash used in investing activities
-60,198	-17,900	104,583	-177,552	-6,183,764	-771,853	-883,639	-88,467
FINANCING ACTIVITIES:
Proceeds from issuance of notes, net
1,483,125	0	300,000	0	2,835,000	750,000	700,000	0
Proceeds from issuance of term loans
0	0	3,415,000	0	2,800,000	1,525,000	0	0
Repayments of notes
1,501,788	0	0	-	899,875	0	0	-
Repayments of term loans
34,152	34,150	3,730,951	103,625	473,376	1,430,144	152,032	-
Proceeds from draw of revolving debt
300,000	0	0	380,000	525,000	0	0	-
Repayments of revolving debt
-	-	-	605,000	300,000	0	0	362,075
Repayments of other indebtedness
9,196	5,222	6,154	7,736	10,070	7,588	3,447	1,824
Payments for debt issuance and extinguishment costs
6,414	0	57,773	-	-	-	-	-
Repurchase of convertible senior subordinated notes
-	-	-	-	247,760	587,803	0	0
Prepayment penalty on long-term debt
-	-	-	-	31,496	0	0	-
Sale of mandatorily redeemable preferred shares
-	-	-	-	60,000	0	0	-
Redemption of mandatorily redeemable preferred shares
-	-	-	-	60,000	0	0	-
Payments to settle ordinary share warrants
-	-	-	-	-	284,454	0	-
Proceeds from the settlement of the hedge on convertible senior subordinated notes due 2015
-	-	-	-	-	356,265	0	0
Payments of deferred financing fees
-	-	-	500	125,111	62,715	10,475	0
Payments for contingent consideration
16,822	37,758	85,037	55,896	29,786	0	5,000	0
Tax benefits of share awards
-	-	-	-	-	35,188	12,017	4,949
Payments of tax withholding for restricted shares
10,156	5,375	2,078	11,500	15,398	25,081	9,781	0
Proceeds from exercise of options
4	933	0	1,952	27,217	41,392	97,129	19,358
Repurchase of ordinary shares
-	-	-	-	250,088	0	0	0
Issuance of ordinary shares related to the employee stock purchase plan
-	-	-	5,119	4,299	4,617	5,310	6,062
Issuance of ordinary shares
-	-	-	-	2,300,000	0	0	-
Payments related to the issuance of ordinary shares
-	-	-	-	66,956	4,800	0	256,000
Cash distributions to noncontrolling interests
-	-	-	-	-	5,291	52,711	53,269
Cash buy-out of noncontrolling interests
-	-	-	-	39,608	1,729	1,485	2,748
Net cash used in financing activities
204,601	-81,572	-166,993	-397,186	6,001,992	302,857	579,525	-645,547
Effect of foreign exchange rate
1,096	-1,975	2,515	436	-11,269	-4,037	1,692	431
NET INCREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-3,905	3,045
Movement in cash held for sale
0	0	11,744	-11,744	997	14,356	-813	-2,749
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, RESTRICTED CASH AND RESTRICTED CASH EQUIVALENTS
243,551	165,823	505,834	-57,903	-73,543	-120,901	-3,092	296
SUPPLEMENTAL INFORMATION:
Cash paid for interest, excluding capitalized interest
559,528	515,042	467,017	429,172	284,985	159,492	128,452	152,097
Cash paid for income taxes
14,875	17,639	28,675	63,983	42,700	36,356	70,160	192,647
Cash received from U.S. Federal tax refunds
-	-	-	759,950	162,821	116,819	-	-
Cash paid into Qualified Settlement Funds for mesh legal settlements
253,520	336,648	668,306	831,131	743,132	585,165	54,500	0
Cash paid out of Qualified Settlement Funds for mesh legal settlements
314,266	353,032	632,176	1,134,734	649,391	111,454	42,982	0
Other cash distributions for mesh legal settlements
15,330	25,222	19,243	7,830	27,380	26,709	0	-
SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Purchases of property, plant and equipment financed by capital leases
-	-	-	-	-	4,784	497	1,373
Purchase of property, plant and equipment financed by direct financing arrangement
-	-	-	-	-	-	-	57,008
Accrual for purchases of property, plant and equipment
-	-	-	-	4,476	11,397	8,351	12,237
Acquisition financed by ordinary shares
-	-	-	-	2,844,568	2,844,279	0	0
Repurchase of convertible senior subordinated notes financed by ordinary shares
-	-	-	-	625,483	55,229	0	0