Jones Lang LaSalle Incorporated JLL Cash Flow

Jones lang lasalle incorporated (JLL)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash flows used for operating activities:
Net income
537,900	491,700	279,500	345,900	446,300	388,000	273,352	208,843	165,612	154,439	-3,158	86,690
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization
202,400	186,100	167,200	141,800	108,100	94,400	79,853	78,810	82,832	71,573	83,335	90,584
Equity in earnings from real estate ventures
36,300	32,800	44,400	33,800	77,400	48,300	31,343	23,857	6,385	-11,379	-58,867	-5,462
(Gain) loss on sale of assets
-900	12,900	-3,500	10,300	700	-3,100	2,555	0	0	-109	1,381	-
Distributions of earnings from real estate ventures
21,000	59,500	30,300	30,900	51,200	19,500	13,672	10,641	593	188	157	1,064
Provision for loss on receivables and other assets
30,800	18,800	26,300	21,300	14,500	8,200	8,715	6,586	10,273	7,081	28,173	20,737
Amortization of deferred compensation
74,200	26,800	24,900	30,100	22,700	20,200	22,703	32,276	34,002	41,230	45,909	62,684
(Gain) Loss on Mortgage Servicing Rights and Derivatives
-4,700	1,200	-10,100	23,500	-800	0	-	-	-	-	-	-
Accretion of interest and amortization of debt issuance costs
5,300	4,900	6,200	7,800	7,000	8,900	7,837	17,744	19,503	24,408	27,080	12,030
Other adjustment, net
-14,600	-17,100	-20,700	20,000	2,400	-3,900	-	-	-	-	-	-
Amortization of debt issuance costs
-	-	-	-	-	-	4,437	4,375	4,384	5,747	5,068	2,999
Change in:
Receivables
330,000	229,500	203,700	238,800	400,700	264,000	267,550	90,495	190,620	54,244	-67,434	-44,760
Increase (Decrease) in Reimbursable Receivables and Reimbursable Payables
26,200	-215,600	-34,500	-40,300	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
110,000	229,200	114,500	71,600	44,900	48,800	45,014	33,986	-3,320	24,868	20,062	13,154
Deferred tax assets, net
18,700	25,200	44,000	-8,400	-3,400	-19,800	-28,058	12,600	9,270	-5,457	56,984	65,458
Excess tax benefit from share-based payment arrangements
-	-	-	-	-	-	3,579	3,323	17,999	5,804	0	4,013
Accounts payable and accrued liabilities
-64,700	372,400	435,700	24,700	243,100	301,800	206,649	130,885	115,093	147,575	16,116	-211,020
Increase (Decrease) in Accrued Compensation
154,700	207,400	276,800	10,000	-	-	-	-	-	-	-	-
Net cash used in operating activities
483,800	604,100	798,700	222,600	375,800	498,900	295,235	325,899	211,338	384,270	250,554	33,365
Cash flows used in investing activities:
Net capital additions - property and equipment
187,800	161,900	151,400	216,200	147,800	132,700	110,684	94,758	91,538	47,609	44,249	-
Net investment activity (less than wholly-owned)
79,200	14,300	2,300	-	-	-	-	-	-	-	-	-
Acquisition of investment properties (less than wholly-owned)
-	-	-	99,800	1,300	24,200	-	-	-	-	-	103,702
Proceeds from Sales of Assets
-	-	-	34,000	7,400	1,200	13,604	0	0	-	-	-
Business acquisitions, net of cash acquired
801,300	101,300	18,700	483,900	391,600	38,200	57,544	27,706	251,787	24,250	2,461	299,172
Payments to Acquire Interest in Joint Venture
137,700	58,800	40,100	96,400	47,600	56,400	37,217	106,322	71,027	33,853	39,799	44,846
Proceeds from Real Estate and Real Estate Joint Ventures
113,800	51,900	44,700	58,300	49,200	62,400	-	-	-	-	-	-
Proceeds from Sale, Maturity and Collection of Investments
-	-	-	-	-	-	27,629	77,534	25,036	14,836	784	2,509
Restricted cash and other
-	-	-	-	52,900	0	0	-	-	-	-	-
Other, net
-42,500	-4,000	3,000	1,500	-	-	-	-	-	-	-	-
Net cash used in investing activities
-1,049,700	-280,400	-170,800	-805,500	-584,600	-187,900	-164,212	-151,252	-389,316	-90,876	-85,725	-445,211
Cash flows provided by financing activities:
Proceeds from Issuance of Senior Long-term Debt
0	0	395,700	0	0	-	-	272,396	0	0	217,338	-
Proceeds from borrowings under credit facility
5,864,000	3,145,000	3,072,000	3,145,000	2,173,000	1,664,000	1,957,791	1,690,142	1,550,590	1,160,802	1,037,022	1,481,001
Repayments of borrowings under credit facility
5,339,000	3,145,000	3,997,000	2,456,000	1,889,200	1,827,800	1,979,500	2,017,000	1,248,700	1,133,000	1,348,306	1,016,080
Proceeds from (Repayments of) Short-term Debt
86,800	-41,400	-15,900	-	-	-	-	-	-	-	-	-
Payment for Contingent Consideration Liability, Financing Activities
77,300	57,100	47,000	53,900	-	-	-	-	-	-	-	-
Payment for deferred acquisition obligations and earn-out obligation
-	-	-	-	51,800	39,300	72,482	143,768	164,216	105,798	24,207	49,653
Debt issuance costs
-	-	-	-	-	-	4,614	946	2,630	11,565	11,182	9,644
Shares repurchased for payment of employee taxes on stock awards
13,600	12,400	6,600	7,000	10,100	16,000	14,277	11,656	30,234	19,448	7,212	14,026
Excess tax adjustment from share-based payment arrangements
-	-	-	-	-	-	3,579	3,323	17,999	5,804	0	4,013
Common stock issued under compensation plans including tax benefit
3,700	2,900	3,600	2,800	12,000	12,100	1,255	3,705	1,210	1,406	3,355	9,953
Payments of Ordinary Dividends, Common Stock
42,700	37,800	33,100	29,400	25,600	21,900	20,026	18,219	13,484	8,961	8,267	-
Capital lease payments
-	-	-	-	-	-	0	0	-	-	-	-
Other loan proceeds, net
-	-	-	-	-	-	940	13,282	0	0	-	-
Noncontrolling interest (distributions) contributions, net
40,600	3,600	7,500	11,300	-1,500	11,400	-1,054	0	0	-	-	-
Other, net
62,100	900	-2,700	23,600	-15,200	14,500	-	-	-	-	-	-
Payments of dividends
-	-	-	-	-	-	-	-	-	-	-	26,405
Net cash provided by financing activities
584,600	-141,300	-623,500	636,400	191,600	-203,000	-128,388	-208,741	110,535	-110,760	-141,459	379,159
Effect of currency exchange rate on Cash and Cash Equivalents
-800	-19,900	13,300	-7,000	-16,600	-10,300	-2,068	1,799	-	-	-	-
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
17,900	162,500	17,700	46,500	-33,800	97,700	567	-32,295	-67,443	182,634	23,370	-32,687
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities
58,500	49,200	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for:
Interest
-	-	47,600	34,800	21,700	20,200	22,850	-15,480	-9,940	17,250	25,150	19,160
Income taxes, net of refunds
280,800	153,400	144,700	143,600	155,600	88,500	84,951	-75,930	-65,588	39,099	50,718	97,757
Operating Lease, Payments
171,200	-	-	-	-	-	-	-	-	-	-	-
Non-cash activities
Business acquisitions, including contingent consideration
846,100	11,600	11,500	103,300	105,100	10,300	9,215	-7,373	-	4,300	0	-
Supplemental acquisition fees and costs
-	-	-	-	-	-	-	-	-6,598	0	5,419	347,258
Capital Leases
-	-	-	9,800	6,700	21,200	0	0	-	-	-	-
Deconsolidation of investment properties (less than wholly-owned)
-	-	-	63,400	0	0	-	-	-	-	-	-
Deferred business acquisition obligations
17,000	3,900	1,800	62,700	23,100	21,500	13,195	36,281	149,521	-	-	-
Deconsolidation of noncontrolling interest and related debt
-	-	-	65,200	0	0	-	-	-	-	-	-