Five point holdings, llc (FPH)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
CASH FLOWS FROM OPERATING ACTIVITIES:
NET (LOSS) INCOME

-83,684

22,268

-13,256

-12,240

-915

-67,945

34,381

46,009

33,023

24,196

-73,757

-82,527

-111,649

-96,617

0

0

0

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Equity in loss (earnings) from unconsolidated entities

-37,466

2,327

932

-1,346

10,326

-2,163

-10,440

16,413

5,045

5,776

16,707

-6,415

-4,232

-1,356

0

0

0

Deferred income taxes

1,100

2,400

10,500

10,500

10,500

9,200

0

0

0

-

-

-

-

-7,900

0

0

0

Depreciation and amortization

18,766

20,633

18,737

16,584

14,947

13,260

11,909

8,301

4,852

1,508

2,365

3,214

3,446

3,042

0

0

0

Adjustment To Payable For Tax Receivable Agreement

-

-

-

-

-

1,928

107,514

107,514

107,514

105,586

0

0

0

-

-

-

-

Gain on settlement of contingent consideration—related party

0

-64,900

-64,900

-64,900

-64,900

0

0

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Properties

-

-

-

-

-

6,700

6,700

6,700

6,700

0

0

0

0

-

-

-

-

Gain on insurance proceeds for damaged property

-

-

-

-

-

1,566

1,566

1,550

1,000

0

0

0

0

-

-

-

-

Share-based compensation

13,327

13,631

12,832

12,081

11,381

11,464

13,330

15,756

17,039

18,421

18,234

16,061

32,527

27,746

0

0

0

Changes in operating assets and liabilities:
Inventories

212,776

191,967

268,284

262,458

271,228

278,008

243,589

232,013

171,129

64,523

53,592

1,268

1,345

61,746

0

0

0

Related party assets

15,691

19,446

22,969

19,301

18,029

17,787

10,527

5,821

709

-49,253

-43,952

-39,453

-61,997

-14,230

0

0

0

Other assets

3,907

3,924

1,384

5,248

308

1,073

1,376

1,062

1,212

923

-1,438

290

-62

479

0

0

0

Accounts payable and other liabilities

8,840

-4,174

-21,002

-16,820

-24,342

-5,714

31,499

78,942

87,577

59,774

50,049

-11,276

-18,058

11,237

0

0

0

Related party liabilities

-1,334

-4,309

-4,103

-2,582

-1,988

1,355

1,026

-2,080

-1,801

-34,487

-34,410

-34,682

-54,725

-15,518

0

0

0

Net cash used in operating activities

-237,814

-232,040

-354,782

-343,075

-355,795

-343,296

-268,687

-224,145

-152,619

-58,143

-65,860

-68,332

-88,028

-124,637

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Distribution from indirect Legacy Interest in Great Park Venture—related party

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in restricted cash and certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from the maturity of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

25,000

0

0

0

Purchase of marketable securities

-

-

-

-

-

-

-

-

-

25,233

45,996

45,996

45,996

20,763

0

0

0

Distribution from Gateway Commercial Venture

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of golf club operating properties

-

-

-

-

-

5,685

5,685

5,685

5,685

0

0

0

0

-

-

-

-

Proceeds from insurance on damaged property

-

-

-

-

-

1,749

1,749

1,601

370

0

0

0

0

-

-

-

-

Payment of costs sharing advances, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Cash from former San Francisco Venture members in relation to Separation Agreement

-

-

-

-

-

-

-

-

-

30,000

60,000

90,000

120,000

90,000

0

0

0

Purchase of properties and equipment

1,184

1,676

3,545

4,030

4,294

3,105

1,085

475

187

242

624

923

1,115

1,091

0

0

0

Net cash provided by investing activities

1,061

311

4,892

-3,883

-5,202

579

-3,851

-91,451

-55,422

-56,765

-49,270

62,325

65,592

81,753

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of financing costs

-

-

-

-

-

-

-

-

-

10,558

385

385

29

132

0

0

0

Related party reimbursement obligation

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal payment on Macerich note

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Principal payment on Macerich note

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Payment of equity offering costs

-

-

-

-

-

-

-

-

-

2,499

2,499

1,730

1,143

0

0

0

0

Reacquisition of share-based compensation awards for tax-withholding purposes

5,521

4,099

4,099

4,099

4,099

5,131

5,131

5,131

5,131

6,480

6,861

6,861

6,861

381

0

0

0

Tax distribution to noncontrolling interest

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Contribution from noncontrolling interest

0

5,544

5,544

5,544

5,544

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds from issuance of redeemable noncontrolling interest

0

25,000

25,000

25,000

25,000

0

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

111,219

83,206

85,731

-38,682

-43,682

-10,131

479,696

478,927

902,727

900,206

409,998

410,767

-12,563

-5,043

0

0

0

NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH

-125,534

-148,523

-264,159

-385,640

-404,679

-352,848

207,158

163,331

694,686

785,298

294,868

404,760

-34,999

-47,927

0

0

0

Common Class B
Proceeds of Class B common share offering

0

3

3

3

3

0

0

0

0

-

-

-

-

-

-

-

-