Oaktree Capital Group, LLC OAK Cash Flow

Oaktree capital group, llc (OAK)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net income (loss)
-239,778	387,338	403,326	567,315	511,544	464,545	444,080	435,366	665,052	689,482	764,929	799,375	644,766	566,103	-339,947	-2,275,341	-2,732,813	-1,532,962	-893,105	294,506	1,918,387	2,175,552	3,961,590	5,629,781	5,367,368	6,210,732	5,873,831	6,998,902	6,777,695	6,672,417	7,037,447	826,136	180,221	-308,645	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Investment (income) loss
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adoption of revenue recognition standard
-	-	-	-	-	48,709	48,709	48,709	48,709	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment income
-	-	-	-	-	157,110	200,353	193,218	185,401	201,289	213,539	228,236	220,130	199,126	149,445	94,029	68,723	51,958	57,264	52,690	41,386	33,695	48,576	54,276	48,775	56,027	30,299	27,129	31,945	25,382	17,637	10,947	11,585	8,600	0	0	0
Depreciation and amortization
14,175	20,287	26,182	26,039	26,024	25,862	25,323	21,901	18,354	15,776	14,011	14,841	15,885	16,222	16,067	16,232	15,291	14,022	11,896	10,266	8,974	8,003	7,991	7,380	7,297	7,119	7,090	7,200	7,353	7,397	7,326	7,148	6,770	6,583	0	0	0
Equity-based compensation
56,569	65,533	78,131	70,099	62,697	62,989	58,422	59,503	59,005	59,337	60,793	64,803	64,781	63,724	62,558	55,214	56,571	54,381	51,452	49,515	43,919	41,395	37,790	34,553	31,171	28,441	29,737	29,915	30,605	36,342	265,665	496,180	723,778	948,746	0	0	0
Net realized and unrealized (gain) loss from consolidated funds’ investments
-424,448	-7,836	-131,741	-86,373	-137,035	-188,120	-30,535	-24,221	52,868	75,461	80,783	82,524	55,217	15,140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-102,385	-879,469	-1,320,541	0	0	0
Amortization (accretion) of original issue and market discount of consolidated funds’ investments, net
9,612	3,625	5,816	7,277	6,002	4,999	4,378	3,911	4,241	3,816	3,835	3,648	4,096	6,583	27,621	21,104	24,334	26,366	-2,006	37,640	-4,101	5,910	53,524	8,347	57,230	73,376	58,050	102,179	123,273	120,132	107,585	70,354	198,796	118,363	0	0	0
Income distributions from corporate investments in funds and companies
91,521	134,512	143,848	173,754	182,399	197,801	228,323	213,667	199,173	182,844	168,464	165,254	131,862	121,421	86,768	66,125	68,132	50,252	53,173	51,275	46,513	45,817	41,470	40,846	35,664	37,706	37,706	27,683	17,490	0	0	0	0	-	-	-	-
Other non-cash items
-1,555	-2,929	-3,788	-3,814	-3,242	-1,961	-1,717	-772	-650	-1,028	-221	-5,113	-4,800	-4,688	-11,751	-22,015	-19,351	-15,689	-6,233	11,641	10,795	12,042	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows due to changes in operating assets and liabilities:
(Increase) decrease in other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-11,178	-10,191	-90,099	23,252	-78,116	46,741	111,779	8,679	141,230	27,290	-37,166	33,911	0	0	0
Decrease in net due from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-5,612	4,926	-2,951	-8,638	-19,894	-19,228	-22,886	-21,952	-12,389	-15,958	-21,944	-14,980	0	0	0
Decrease in accrued compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable, accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	34,050	-4,270	1,620	-19,524	3,921	91,972	88,936	19,431	6,673	-11,505	1,092	-5,653	0	0	0
Net cash used in operating activities
-3,477,716	-3,133,647	-3,274,627	-1,574,177	-821,258	-617,017	-236,564	-291,499	56,999	-336,305	-351,919	-151,106	-234,659	-317,906	1,021,040	90,260	625,810	-943,227	-3,620,669	-3,175,098	-5,240,128	-4,326,536	-2,102,046	-1,463,197	2,194,641	5,436,017	8,140,977	8,739,994	7,185,360	6,957,358	3,046,671	1,009,361	1,403,705	1,129,610	0	0	0
Cash flows from investing activities:
Purchases of U.S. Treasury and other securities
267,149	602,600	859,282	1,248,139	1,248,592	1,048,083	979,055	535,484	532,602	610,474	664,176	814,394	1,021,732	874,480	728,121	593,035	303,151	385,642	465,812	566,162	570,244	414,970	239,803	114,530	632,310	702,456	792,236	831,851	259,213	258,922	168,383	158,594	325,927	306,133	0	0	0
Proceeds from maturities and sales of U.S. Treasury and other securities
705,498	1,129,930	1,304,914	1,132,984	1,019,986	678,067	833,781	818,145	900,583	1,191,670	1,015,997	943,610	1,043,759	778,018	708,015	590,008	255,001	380,055	290,054	290,054	360,054	436,041	466,306	647,511	622,511	396,470	446,210	270,005	280,005	270,005	215,000	185,000	155,000	95,000	0	0	0
Corporate investments in funds and companies
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions and proceeds from corporate investments in funds and companies
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions and proceeds from corporate investments in funds and companies
427,206	495,509	196,783	390,572	608,444	324,898	182,376	181,423	135,218	264,226	192,826	180,275	164,582	181,769	-187,392	-146,335	-90,331	-57,954	-57,660	-79,298	-66,000	-38,341	-26,860	-3,963	-5,426	-2,643	-84,766	-52,737	-59,805	-63,704	-5,334	-15,771	-6,001	-12,461	0	0	0
Corporate investments in funds and companies
293,999	264,673	484,267	395,882	374,660	442,216	295,774	280,905	226,662	158,663	137,973	99,035	102,077	113,464	91,791	79,103	87,878	82,273	86,407	86,399	60,394	68,499	74,193	78,748	79,762	59,682	17,363	12,775	16,492	16,635	7,788	47,902	55,518	53,488	0	0	0
Purchases of fixed assets
3,754	6,764	8,655	8,679	8,705	5,816	5,904	16,824	25,368	29,413	29,867	80,301	73,065	70,430	70,254	10,892	12,878	23,724	21,134	19,151	16,133	5,005	6,522	6,065	5,816	4,609	3,614	3,090	2,472	5,218	9,204	9,733	11,799	10,383	0	0	0
Net cash (used in) provided by investing activities
567,802	751,402	405,723	-260,492	-421,539	-493,150	-420,311	17,574	194,798	342,959	359,741	133,143	45,841	-98,587	5,241	53,313	-58,575	-53,630	-225,639	-327,997	-246,354	-39,729	137,011	402,131	-139,967	-417,634	-358,180	-522,861	63,762	55,047	49,213	-15,458	-232,243	-262,543	0	0	0
Cash flows from financing activities:
Repayments of debt obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	235,714	241,964	248,215	35,715	283,215	284,465	285,714	286,964	40,714	40,714	51,429	51,429	0	0	0
Purchase of OCGH units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	295,567	295,567	715,475	419,908	420,741	420,741	323,093	322,935	322,935	322,935	675	39,623	0	0	0
Repurchase and cancellation of units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to Class A unitholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	133,294	167,122	167,079	160,296	148,599	114,699	88,951	66,789	56,765	44,488	42,182	53,063	0	0	0
Distributions to OCGH unitholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	438,812	554,124	609,175	621,613	605,293	531,207	431,779	357,278	347,112	293,203	313,041	416,677	0	0	0
Proceeds from issuance of debt obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500,000	250,000	250,000	0	0	0	0	-	-	-	-	300,000	0	0	0
Net cash provided by (used in) financing activities
3,326,124	2,730,302	3,101,494	2,172,823	1,008,679	994,983	269,082	-97,272	-162,031	-51,032	440,348	585,803	526,929	763,327	-789,185	446,661	312,839	992,269	0	0	0	-	-	-	-2,781,068	-5,312,944	-8,851,376	-8,905,163	-7,478,565	-7,592,778	-2,421,193	-1,642,328	-1,887,730	-3,666,634	0	0	0
Effect of exchange rate changes on cash
-16,841	-8,289	-13,814	46	-1,681	-239	14,761	22,507	42,511	39,285	25,790	2,808	-16,144	-6,546	-10,113	18,814	16,396	-12,804	-17,390	-98,986	-37,265	-15,242	-13,488	68,802	11,451	3,700	11,287	2,869	-7,421	3,240	1,161	-18,964	-6,950	-528	0	0	0
Net increase (decrease) in cash and cash-equivalents
399,369	339,768	218,776	338,200	-235,799	-115,423	-373,032	-348,690	132,277	-5,093	473,960	570,648	321,967	340,288	226,983	609,048	896,470	-17,392	-619,171	-643,384	-567,204	710,829	1,242,439	488,106	-714,943	-290,861	-1,057,292	-685,161	-236,864	-577,133	675,852	-667,389	-723,218	-2,800,095	0	0	0
Initial consolidation of funds
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial consolidation (deconsolidation) of funds
-	-	-	-	-	-	-	-	-	5,358	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deconsolidation of funds
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of non-cash activities:
Change in cash and cash-equivalents from adoption of accounting guidance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oaktree Capital Group Excluding Consolidated Funds
Decrease in deferred tax assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in other assets
-10,049	-4,365	21,491	-10,461	-15,590	-10,745	-30,010	2,958	-195	-7,818	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in net due from affiliates
190,486	177,615	-12,706	-6,006	-227,989	-241,067	-188,142	-181,186	-184,267	-184,616	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued compensation expense
-15,202	-155,900	17,032	107,455	42,658	161,526	22,939	-8,677	49,440	-9,143	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable, accrued expenses and other liabilities
38,468	63,972	57,661	-6,865	1,630	-22,537	-26,034	-8,425	1,436	7,533	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of Class A units
-	-	-	-	-	219,750	219,750	219,750	219,750	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of OCGH units
-	-	-	-	-	219,525	219,525	219,525	219,525	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase and cancellation of units
2,266	12,191	12,191	11,314	11,667	12,195	13,042	13,453	13,081	12,317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to Class A unitholders
407,140	439,433	486,552	219,509	211,253	210,941	197,061	242,027	219,853	206,212	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to preferred unitholders
27,316	27,316	28,855	25,935	19,106	12,277	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to OCGH unitholders
305,554	360,321	424,387	283,867	278,940	284,507	278,169	366,614	357,391	355,834	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling interests
2,232	3,421	4,642	4,721	4,870	4,921	4,867	4,997	4,850	4,784	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	2,235	2,235	2,235	2,235	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consolidated Funds
Increase (decrease) in accounts payable, accrued expenses and other liabilities
-	-	-	-	-	13,632	8,979	704	-1,459	2,802	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable, accrued expenses and other liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in dividends and interest receivable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in dividends and interest receivable
-	-	-	-	-	6,554	5,972	5,400	4,523	4,328	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in due from brokers
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in due from brokers
-	-	-	-	-	-42,683	-36,233	-8,677	13,060	-44,457	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in receivables for securities sold
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in receivables for securities sold
-	-	-	-	-	-75,122	-112,536	-23,298	-68,199	101,668	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in other assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in other assets
-	-	-	-	-	286	1,101	47	1,017	286	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in payables for securities purchased
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in payables for securities purchased
-	-	-	-	-	-118,813	-300,263	8,907	-72,422	259,652	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities
-	-	-	-	-	4,949,238	4,933,510	5,188,222	4,947,015	5,337,361	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities and sales of securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities and sales of securities
-	-	-	-	-	3,576,770	4,173,089	4,252,526	4,210,765	4,108,640	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling interests
-	-	-	-	-	335,041	344,349	313,621	232,178	148,617	0	0	0	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to non-controlling interests
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	1,771	2,148	6,224	9,058	8,159	0	0	0	-	-	-	-	-	-	0	0	-	2,196	728	728	0	0	0	0	-	-	-	-	2,611	0	0	0
Contributions from non-controlling interests
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from non-controlling interests
-	-	-	-	-	447,260	228,762	343,009	356,723	331,764	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from debt obligations issued by CLOs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from debt obligations issued by CLOs
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment on debt obligations issued by CLOs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment on debt obligations issued by CLOs
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on credit facilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on credit facilities
-	-	-	-	-	0	0	448,100	610,600	702,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on credit facilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on credit facilities
-	-	-	-	-	0	2,892	345,129	362,085	370,336	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-