Transdigm group incorporated (TDG)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09Sep'08
Net Income

891,311

957,062

596,887

586,414

447,212

306,910

302,789

324,969

172,134

163,445

162,902

133,126

Net income from discontinued operations

50,432

-4,474

-31,654

0

0

-

-

-

19,909

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

89,689

56,397

50,937

43,455

35,939

32,543

27,307

23,692

20,092

15,086

13,593

13,252

Amortization of intangible assets

136,011

73,447

90,088

78,215

57,724

63,842

46,208

44,535

40,368

15,079

13,928

12,002

Amortization of debt issuance costs, original issue discount and premium

28,034

22,128

21,106

16,211

15,797

13,935

11,933

12,544

9,842

7,578

3,251

3,097

Amortization of inventory step-up

76,927

7,080

20,621

-

-

-

-

-

-

-

-

-

Loss contracts amortization

38,347

10,570

3,477

-

-

-

-

-

-

-

-

-

Refinancing costs

3,013

6,396

39,807

15,794

18,393

131,622

30,281

-

72,454

-

0

-

Net gain on sale of real estate

-

-

-

-

-

804

0

-

-

-

-

-

Share-based Payment Arrangement, Noncash Expense

93,400

58,500

45,500

48,306

31,500

26,332

48,884

22,151

12,574

6,704

5,813

4,035

Excess tax benefits related to share-based payment arrangements

-

-

-

-

61,965

51,709

66,201

50,555

23,411

17,459

9,278

18,756

Deferred income taxes

349

151,640

918

-5,808

-660

9,416

2,614

-24,800

-8,888

-1,900

8,800

7,335

Changes in assets/liabilities, net of effects from acquisitions of businesses:
Trade accounts receivable

82,268

43,811

54,669

80,114

25,418

24,309

25,006

1,957

14,993

17,721

346

-7,103

Inventories

35,712

17,888

-5,127

2,073

25,974

8,392

15,289

416

9,661

-2,893

4,518

-878

Income taxes receivable/payable

-2,667

36,161

18,219

-12,299

65,418

56,595

65,510

34,097

-22,259

13,094

3,933

25,815

Other assets

26,767

4,813

10,564

4,919

12,392

5,703

-1,155

10,564

2,692

-513

2,335

-431

Accounts payable

-1,632

18,075

-10,354

-6,657

13,480

-2,415

23,510

-3,620

4,484

4,933

8,808

-333

Accrued interest

-3,948

14,368

-958

17,933

-3,934

9,451

-

-

-

-

-

-

Accrued and other liabilities

-60,753

-3,174

-50,297

-22,776

-35,502

2,740

21,738

-5,791

12,475

1,259

-7,439

1,650

Net Cash Provided by (Used in) Operating Activities, Continuing Operations

1,015,472

1,022,173

788,733

683,298

520,938

541,222

470,205

413,885

260,386

197,304

197,112

189,635

Capital expenditures

101,591

73,341

71,013

43,982

54,871

34,146

35,535

25,246

18,026

12,887

13,155

10,884

Payments made in connection with acquisitions, net of cash acquired

3,976,155

667,619

215,990

1,399,064

1,624,278

311,872

483,257

868,696

1,650,363

166,557

155,233

154,160

Proceeds in connection with the sale of discontinued operations, net

188,766

57,383

0

0

-

-

-

-

-

-

-

-

Acquisition of Schroth, net of cash acquired

-

-

-

-

0

-

-

-

-

-

-

-

Cash proceeds from sale of real estate

-

-

-

-

-

16,380

0

-

-

2,885

-

-

Cash proceeds from sale of investment

-

-

-

-

-

-

16,350

-

-

-

-

-

Cash proceeds from sale of business

-

-

-

-

-

-

-

17,650

-

-

-

-

Cash proceeds from sales of discontinued operations

-

-

-

-

-

-

-

-

271,361

-

-

-

Net Cash Provided by (Used in) Investing Activities, Continuing Operations

-3,888,980

-683,577

-287,003

-1,443,046

-1,679,149

-329,638

-502,442

-876,292

-1,397,028

-176,559

-168,388

-165,044

Excess tax benefits related to share-based payment arrangements

-

-

-

-

61,965

51,709

66,201

50,555

23,411

17,459

9,278

18,756

Proceeds from exercise of stock options

81,875

57,583

21,177

30,112

61,674

26,738

21,534

15,710

9,208

6,361

8,345

9,769

Dividends and dividend equivalent payments

1,712,219

56,148

2,581,552

3,000

3,365

1,451,391

1,991,350

3,299

2,811

404,868

-

-

Payments for Repurchase of Common Stock

0

0

389,821

207,755

0

159,852

0

846

-

-

15,242

-

Proceeds from Lines of Credit

-

-

-

-

-

-

3,211,374

484,316

1,500,048

-

-

-

Repayments of Long-term Debt

76,428

12,174,305

1,284,698

834,409

1,025,318

-

-

-

-

-

-

-

Redemption of senior subordinated notes due 2022, net

550,000

0

0

0

0

-

-

-

-

-

-

-

Repayments of Other Long-term Debt

0

0

528,847

-

-

-

-

-

-

-

-

-

Repayment on credit facility

-

-

-

-

-

-

2,187,885

19,250

11,625

-

-

-

Proceeds from 5.50% senior subordinated notes due 2027, net

544,248

489,608

300,386

939,584

445,303

-

1,036,321

-

1,582,184

404,248

-

-

Proceeds from Issuance of Senior Long-term Debt

3,935,567

0

0

-

-

-

-

-

-

-

0

-

Proceeds from Issuance of Long-term Debt

0

12,779,694

2,937,773

1,711,515

1,515,954

-

-

-

-

-

-

-

Repurchase of 2018 Notes

-

-

-

-

-

-

-

-

1,041,894

-

-

-

Proceeds from trade receivable securitization facility, net

49,423

0

99,471

0

0

-

0

-

-

-

-

-

Financing fees and other, net

-1,113

-10,832

-17,571

-3,580

-1,266

-27

0

-

-

-

-

-

Net Cash Provided by (Used in) Financing Activities, Continuing Operations

2,271,353

1,085,600

-1,443,682

1,632,467

1,054,947

43,973

156,195

527,186

1,278,521

23,200

2,381

28,525

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

-3,376

-1,740

5,519

242

-2,251

-749

258

-438

192

-

-

-

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

-605,531

1,422,456

-936,433

872,961

-105,515

254,808

124,216

64,341

142,071

43,945

31,105

53,116

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for interest

877,531

634,980

587,718

448,608

398,939

319,577

236,769

197,787

155,849

97,713

82,247

95,099

Cash paid during the period for income taxes, net of refunds

215,154

129,246

185,295

183,291

127,363

97,798

82,292

103,938

88,367

72,498

75,306

39,918