Iac/interactivecorp (IAC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

409,230

283,725

160,796

171,577

94,352

-979,912

-164,161

Less: earnings from discontinued operations, net of tax

-

-

-

-

-

174,673

1,926

-9,051

-3,992

103,745

-23,439

-306,096

Net earnings

543,820

757,747

358,008

-16,151

113,374

234,557

281,799

169,847

175,569

-9,393

-956,473

141,935

Adjustments to reconcile net earnings to net cash provided by operating activities:
Share-based Payment Arrangement, Expense

240,788

238,420

264,618

104,820

105,450

59,634

53,005

85,625

88,588

84,280

70,081

85,773

Amortization of intangibles

92,595

108,399

42,143

79,426

139,952

57,926

59,843

35,771

22,057

27,472

157,031

43,053

Depreciation

88,399

75,360

74,265

71,676

62,205

61,156

58,909

52,481

56,719

63,897

61,391

67,716

Bad debt expense

65,803

48,445

28,930

17,733

16,648

-

-

-

-

-

-

-

Amortization of non-cash marketing

-

-

-

-

-

-

-

-

-

-

15,868

20,002

Goodwill impairment

3,318

0

0

275,367

14,056

0

0

-

-

28,032

916,868

11,600

Excess tax benefits from stock-based awards

-

-

-

-

-

-

32,891

57,101

22,166

-

-

-

Deferred income taxes

-80,101

-34,679

-285,278

-119,181

-59,786

76,869

-9,096

37,076

-35,483

-6,074

27,707

-153,490

Losses on equity securities, net

37,581

152,044

34,927

0

-

-

-

-

-

-

-

-

Equity in (earnings) losses of unconsolidated affiliates

-

-

-

-

-

-9,697

-6,615

-25,345

-36,300

-25,676

-14,014

16,640

Acquisition-related contingent consideration fair value adjustments

-

-

-

-

-15,461

-13,367

343

0

0

-

-

-

Losses (gains) from the sale of businesses, net

-8,239

119,955

-2,254

50,965

1,005

21,946

50,608

3,576

-

-

-

-

Impairment of long-term investments

-

-

-

-

6,689

66,601

5,268

8,685

0

7,844

4,936

180,021

Acquisition-related contingent consideration payment

-

-

-

-

0

-

-

-

-

-

-

-

Gain on real estate transaction

-

-

-

-

34,341

0

0

-

-

-

-

-

Other adjustments, net

-45,546

-15,763

-61,647

-596

-8,907

-20,789

-19,254

-19,866

-12,011

-9,920

-9,697

-

Gain on sale of Match Europe

-

-

-

-

-

-

-

-

-

-

132,244

-

Gain on sales of long-term investments

-

-

-

-

-

-

-

-

1,974

-

28,835

381,099

Gains on sales of assets

-

-

-

-

-

-

-

-

1,338

-

-

-

Loss on extinguishment of Senior Notes

-

-

-

-

-

-

-

-

-

-

-

-63,218

Decrease in the fair value of the derivative asset related to Arcandor AG stock

-

-

-

-

-

-

-

-

-

-

-58,097

5,785

Changes in assets and liabilities, net of effects of acquisitions and dispositions:
Accounts receivable

91,435

34,828

115,169

-1,283

29,680

19,918

-10,421

30,991

58,314

32,901

18,121

-5,625

Other assets

17,661

44,557

-5,688

12,808

21,174

3,606

34,632

22,991

-1,287

8,636

-6,458

4,571

Accounts payable and other liabilities

41,882

53,555

-25,289

-52,359

8,756

4,963

-766

-14,384

57,228

54,188

18,825

-80,667

Income taxes payable and receivable

-3,287

27,034

655

8,998

24,167

-94,492

49,191

47,010

-7,048

76,749

109,009

121,238

Deferred revenue

37,614

49,468

39,154

35,803

66,914

30,142

-5,841

1,864

48,950

19,653

14,238

6,463

Other changes in assets and liabilities, net

-

-

-

-

-

-

147

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

14,528

Net cash provided by operating activities

937,939

988,128

416,699

344,238

405,671

469,005

410,961

354,527

372,386

340,707

348,547

118,920

Cash flows from investing activities:
Acquisitions, net of cash acquired

205,726

64,496

146,553

18,403

617,402

259,391

40,434

400,254

278,469

17,333

85,534

148,631

Capital expenditures

136,652

85,634

75,523

78,039

62,049

57,233

80,311

51,201

39,954

39,829

33,938

58,983

Proceeds from maturities of time deposits

-

-

-

87,500

0

0

-

-

-

-

-

-

Proceeds from maturities of marketable debt securities

163,500

333,600

114,350

252,369

218,462

21,644

12,502

195,501

584,935

763,326

229,583

356,252

Purchases of marketable debt securities

59,639

449,676

29,891

313,943

93,134

175,826

0

53,952

203,970

838,155

586,274

169,958

Net proceeds from the sale of businesses and investments

165,124

136,719

185,778

172,228

9,413

58,388

83,091

14,616

15,214

5,324

64,046

549,305

Investments in time deposits

-

-

-

87,500

0

0

-

-

-

-

-

-

Purchases of investments

253,663

52,980

9,106

12,565

34,470

24,334

51,080

36,094

90,245

2,283

6,482

67,936

Purchases of long-term investments

253,663

52,980

9,106

12,565

34,470

24,334

-

-

-

-

-

67,936

Dividend received from Meetic S.A.

-

-

-

-

-

-

-

-

-

11,355

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

32,246

Net cash distribution from spun-off businesses

-

-

-

-

-

-

-

-

-

-

-

441,658

Other, net

2,473

-9,027

-2,994

-11,215

3,541

3,042

3,529

9,923

12,697

501

4,041

-42

Net cash (used in) provided by investing activities

-329,529

-173,440

42,049

12,862

-582,721

-439,794

-79,761

-341,307

-25,186

-118,096

-422,640

933,995

Cash flows from financing activities:
Purchase of exchangeable note hedges

303,428

0

74,365

0

0

0

15,844

0

0

-

-

-

Proceeds from issuance of warrants

166,520

0

23,650

0

0

-

-

-

-

-

-

-

Principal payments on Match Group debt

-

-

-

-

0

-

-

-

-

-

-

-

Borrowing under credit facility / term loan

-

-

-

-

0

0

0

-

-

-

-

-

Proceeds from issuance of Match Group debt

-

-

-

-

788,000

0

500,000

500,000

0

0

-

-

Borrowings under Match Group Credit Facility

-

-

-

-

0

-

-

-

-

-

-

-

Principal payments on debt

-

-

-

-

80,000

-

-

-

-

-

-

-

Debt issuance costs

27,815

5,449

33,744

7,811

19,050

383

7,399

11,001

0

-

-

-

Fees and expenses related to note exchange

-

-

-

-

6,954

0

0

-

-

-

-

-

Proceeds from Match Group initial public offering, net of fees and expenses

-

-

-

-

428,789

0

0

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

200,000

0

264,214

691,830

507,765

539,598

545,489

145,590

Withholding taxes paid on behalf of employees on net settled stock-based awards

-

-

-

-

65,743

-

-

-

-

-

-

-

Repurchases of IAC Senior Notes

-

-

-

-

-

0

-

-

-

-

-

519,944

Dividends paid to Match Group noncontrolling interests

0

105,126

0

0

113,196

97,338

79,189

68,163

10,668

0

-

-

Issuance of Match Group common stock pursuant to stock-based awards, net of withholding taxes

-

-

-

-

-

1,609

-5,077

262,841

132,785

25,939

151,933

-10,564

Issuance of Match Group common stock pursuant to stock-based awards, net of withholding taxes

-

-

-

-

-

0

-

-

-

-

-

-

Purchase of Match Group stock-based awards

-

-

-

-

23,431

0

0

-

-

-

-

-

Excess tax benefits from stock-based awards

-

-

-

-

-

-

32,900

57,101

22,166

14,291

796

763

Purchase of noncontrolling interests

29,184

22,498

20,184

2,740

32,207

33,165

67,947

4,891

3,843

-

-

-

Acquisition-related contingent consideration payments

0

185

27,289

2,180

5,750

8,109

256

10,781

-

-

-

-

Funds returned from escrow for Meetic tender offer

-

-

-

-

-

-

-

0

0

-

-

-

Funds returned from (held in) escrow for MyHammer tender offer

-

-

-

-

0

-

-

-

-

-

-

-

Decrease (increase) in restricted cash related to bond redemptions

-

-

-

-

-20,000

0

-71,512

-

-

-

-

-

Settlement of vested stock-based awards denominated in subsidiaries' equity

-

-

-

-

-

-

-

-

-

-

14,331

-

Liberty Exchange

-

-

-

-

-

-

-

-

-

217,921

-

-

Other, net

-3,868

1,060

-255

-2,705

607

11,449

-3,787

244

-4,908

79

1,294

1,219

Net cash provided by (used in) financing activities

399,831

-312,798

-196,869

-492,140

678,390

-

-

-

-

-

-

-

Total cash (used) provided

1,008,241

501,890

261,879

-135,040

501,340

-96,726

348,866

46,740

-25,033

-494,599

-479,890

378,799

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

-1,568

-1,887

11,604

-6,434

-10,298

-13,168

3,478

2,556

-4,496

-1,754

5,601

-23,035

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

1,006,673

500,003

273,483

-141,474

491,042

-110,039

350,467

45,824

-37,946

-503,898

-498,997

159,692

Net cash (used in) provided by financing activities attributable to continuing operations

-

-

-

-

-

-125,937

17,666

33,520

-372,233

-717,210

-405,797

-674,116

Net cash (used in) provided by operating activities attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

255,145

Net cash used in investing activities attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-501,701

Net cash (used in) provided by financing activities attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

50,484

Total cash used in discontinued operations

-

-

-

-

-

-145

-1,877

-3,472

-8,417

-7,545

-24,708

-196,072

ANGI Homeservices
Goodwill impairment

0

-

-

-

-

-

-

-

-

-

-

-

Borrowing under credit facility / term loan

-

-

275,000

-

-

-

-

-

-

-

-

-

Principal payments on debt

13,750

13,750

0

0

-

-

-

-

-

-

-

-

IAC/InterActiveCorp
Repurchases of IAC debt

35,035

363

393,464

126,409

-

-

-

-

-

-

-

-

Proceeds from issuance of debt

1,150,000

0

517,500

0

-

-

-

-

-

-

-

-

Purchase of treasury stock

0

82,891

56,424

308,948

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

10,682

41,700

82,397

25,821

-

-

-

-

-

-

-

-

Withholding taxes paid on behalf of employees on net settled stock-based awards

93,145

18,982

93,832

26,716

-

-

-

-

-

-

-

-

Match Group
Purchase of exchangeable note hedges

0

0

445,172

-

-

-

-

-

-

-

-

-

Borrowing under credit facility / term loan

40,000

-

-

-

-

-

-

-

-

-

-

-

Borrowings under Match Group Credit Facility

350,000

260,000

525,000

400,000

-

-

-

-

-

-

-

-

Principal payments on debt

300,000

0

0

450,000

-

-

-

-

-

-

-

-

Purchase of Match Group treasury stock

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

-

-

-

39,378

-

-

-

-

-

-

-

-

Withholding taxes paid on behalf of employees on net settled stock-based awards

-

-

-

29,830

-

-

-

-

-

-

-

-

Purchase of Match Group stock-based awards

0

0

272,459

0

-

-

-

-

-

-

-

-

Match Group and ANGI Homeservices
Purchase of treasury stock

273,258

133,455

0

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

573

4,705

61,095

39,378

-

-

-

-

-

-

-

-

Withholding taxes paid on behalf of employees on net settled stock-based awards

238,461

237,564

264,323

29,830

-

-

-

-

-

-

-

-