Gci liberty, inc. (GLIBA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net earnings (loss)

1,938,242

-873,654

724,557

820,569

-25,866

59,244

31,727

9,162

5,486

8,610

3,516

Adjustments to reconcile net earnings (loss) to net cash from operating activities:
Depreciation and amortization

266,333

206,946

3,252

2,964

181,767

170,285

147,259

130,452

125,937

126,699

123,362

Stock-based compensation expense

24,897

28,207

26,583

16,128

10,902

8,392

6,638

5,040

6,620

6,733

2,804

Share of (earnings) losses of affiliates, net

-2,629

25,772

7,001

11,831

-

-

-

-

-

-

-

Realized and unrealized (gains) losses on financial instruments, net

3,002,400

-681,545

637,164

1,309,365

-

-

-

-

-

-

-

Unrealized (gain) loss on derivative instrument with related party

-

-

-

-

-11,160

0

0

-

-

-

-

Deferred income tax expense (benefit)

729,970

-182,724

-133,522

496,820

-1,847

10,029

10,957

12,088

7,405

9,248

3,936

Intergroup tax payments

0

0

287,763

294,708

-

-

-

-

-

-

-

Asset Impairment Charges

167,062

207,940

0

0

-

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-27,700

0

-103

-

-9,111

0

0

Software impairment charge

-

-

-

-

29,839

0

0

-

-

-

-

Impairment of equity method investment

-

-

-

-

12,593

0

0

-

-

-

-

Other, net

-4,800

-13,441

-1,040

18,044

-16,142

-9,933

-5,128

-6,651

-8,555

6,725

14,919

Change in operating assets and liabilities:
Current and other assets

-3,041

34,698

-31,772

-5,881

-

-

-

-

-

-

-

Payables and other liabilities

-45,969

61,657

7,584

-5,605

8,435

-320

42,178

10,610

28,680

-13,244

47,618

Net cash provided (used) by operating activities

88,605

82,888

304,864

292,225

253,955

258,203

159,634

152,783

134,434

171,259

100,919

Cash flows from investing activities:
Cash and restricted cash from acquisition of GCI Holdings

0

147,957

0

0

-

-

-

-

-

-

-

Capital expended for property and equipment

148,481

134,352

3,488

2,642

176,235

176,109

180,554

146,038

177,090

96,194

120,983

Insurance proceeds

-

-

-

-

-

-

-

-

-

990

0

Purchase of businesses, net of cash received

-

-

-

-

12,736

2,514

107,600

1,874

352

5,545

109

Purchase of KKCC assets

-

-

-

-

0

0

-

-

-

-

-

Purchases of investments

0

48,581

76,815

264,703

0

25,735

0

0

-

-

-

Proceeds from derivative instrument

105,866

0

0

-

-

-

-

-

-

-

-

Settlement of derivative instrument

105,866

0

0

-

-

-

-

-

-

-

-

Note receivable payment from an equity method investee

-

-

-

-

-

0

-

-

-

-

-

Restricted cash, net

-

-

-

-

-65

-5,871

-23,997

25,244

16,621

0

0

Purchases of other assets and intangible assets

-

-

-

-

13,955

11,018

6,027

6,152

5,423

4,712

5,093

Grant proceeds

-

-

-

-

14,007

1,136

2,405

10,403

35,060

-

-

Sales of investments

-

-

-

1,161,596

7,551

6,180

0

0

-

-

-

Note receivable issued to an equity method investee

-

-

-

-

3,000

0

0

-

-

-

-

Payments to Acquire Equity Method Investments

-

-

-

2,400,000

-

-

-

-

-

-

-

Other investing activities, net

-17,799

-2,700

-2,180

-978

4,760

-49

-1,428

0

-233

0

0

Purchase of marketable securities

-

-

-

-

-

-

-

-

-

202

305

Proceeds from sale of marketable securities

-

-

-

-

-

-

-

-

-

941

613

Net cash provided (used) by investing activities

-130,682

-32,276

-78,123

-1,504,771

-189,063

-202,140

-266,351

-168,905

-164,193

-104,722

-125,877

Cash flows from financing activities:
Proceeds from Tower Transactions

-

-

-

-

0

0

-

-

-

-

-

Investment by non-controlling interest

-

-

-

-

0

-

-

16,461

16,546

-

-

Borrowings of debt

877,308

1,588,703

0

0

-

-

-

-

-

-

-

Repayment of debt, finance leases and tower obligations

688,901

254,033

0

0

494,982

118,585

98,152

64,540

429,626

35,974

402,710

Contributions from (distributions to) former parent, net

0

-1,122,272

-109,540

-302,797

-

-

-

-

-

-

-

Payment of debt issuance costs

-

-

-

-

13,979

84

2,990

0

3,603

2,300

9,006

Issuance of 2025 Notes

-

-

-

-

445,973

0

0

-

-

-

-

Distribution to non-controlling interests

-

-

-

0

282,505

0

0

0

0

0

0

Indemnification payment to Qurate Retail

0

132,725

0

0

-

-

-

-

-

-

-

Derivative payments

0

80,001

0

0

-

-

-

-

-

-

-

Borrowing on Senior Credit Facility

-

-

-

-

295,000

89,000

261,000

70,000

142,000

30,000

30,000

Repurchases of GCI Liberty common stock

43,910

111,648

0

0

53,774

6,850

17,208

17,611

55,661

80,807

0

Issuance of Searchlight note payable and derivative stock appreciation rights with related party

-

-

-

-

75,000

0

0

-

325,000

0

421,473

Payment of bond call premium

-

-

-

-

20,244

0

0

-

-

-

-

Distribution to non-controlling interest

-

-

-

-

4,932

50,000

17,845

-

-

-

-

Payment of Senior Notes call premiums

-

-

-

-

-

-

-

-

4,728

0

0

Other financing activities, net

-18,302

-20,752

-31,180

1,989

677

887

-

69

0

-27

189

Proceeds from stock option exercises

-

-

-

-

-

-

622

2,118

947

659

-

Borrowing of other long-term debt

-

-

-

-

-

-

1,770

4,729

35,201

6,206

3,884

Net cash provided (used) by financing activities

126,195

-132,728

-140,720

-300,808

-53,766

-85,632

127,197

11,226

26,076

-82,243

43,830

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

84,118

-82,116

86,021

-1,513,354

11,126

-29,569

20,480

-4,896

-3,683

-15,706

18,872