Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
-226.54 |
-164.81 |
-128.66 |
-53.33 |
-247.12 |
Depreciation & amortization |
1.66 |
1.23 |
0.81 |
0.41 |
1.44 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Revenue
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Inventories Decrease /-Increase |
-1.03 |
-2.12 |
1.27 |
0.37 |
-11.49 |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets, Total |
- |
- |
- |
- |
- |
Share-based Compensation |
55.62 |
39.13 |
26.85 |
14.01 |
44.70 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Gains (Losses) on Extinguishment of Debt |
29.02 |
-29.02 |
-29.02 |
- |
- |
Depreciation Amortization And Impairment |
- |
- |
- |
- |
- |
Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments |
- |
- |
- |
- |
- |
Amortization Of Discount And Premium On Investments |
-6.81 |
-4.22 |
-1.39 |
-0.82 |
-0.09 |
Noncash Interest Expense And Amortization Of Debt Issuance Costs |
66.29 |
43.94 |
20.22 |
0.33 |
0.19 |
Amortization Of Premium Discount On Investments |
- |
- |
- |
- |
- |
Tangible Asset Impairment Charges |
-0.81 |
0.54 |
-0.04 |
- |
- |
Income taxes |
- |
- |
- |
- |
- |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Receivables |
-6.10 |
-3.13 |
-6.97 |
2.02 |
-21.47 |
Increase (Decrease) in Accounts Payable |
-16.81 |
-36.68 |
-27.41 |
-27.23 |
-22.36 |
Increase (Decrease) in Interest Payable, Net |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
-6.82 |
-7.53 |
-1.48 |
-2.55 |
-2.58 |
Other Working Capital |
- |
- |
- |
- |
- |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
84.57 |
58.04 |
58.04 |
0.00 |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-95.14 |
-86.22 |
-66.33 |
-47.51 |
-161.85 |
Capital Expenditures |
-2.17 |
-1.61 |
-0.63 |
-0.16 |
-1.35 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Proceeds from Sale and Maturity of Available-for-sale Securities |
385.08 |
256.01 |
108.01 |
41.69 |
117.40 |
Payments to Acquire Available-for-sale Securities, Debt |
-514.41 |
-357.42 |
-233.53 |
-148.64 |
-244.28 |
Real Estate Investments |
- |
- |
- |
- |
- |
Proceeds From Realized Gain On Investments |
- |
- |
- |
- |
- |
Realized Gain Loss On Sale Of Investments Investing Activities |
- |
- |
- |
- |
- |
Increase (Decrease) in Restricted Cash |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
0.00 |
- |
0.00 |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-131.50 |
-103.03 |
-126.14 |
-107.11 |
-128.24 |
Short-term debt Net |
- |
- |
- |
- |
73.07 |
Other borrowing transactions |
-32.41 |
-32.41 |
-32.15 |
- |
- |
Long-term debt - borrowings |
300.00 |
300.00 |
300.00 |
- |
- |
Long-term debt - repayments |
-240.45 |
-240.45 |
-240.45 |
- |
- |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
8.34 |
8.52 |
7.03 |
5.08 |
14.96 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-3.34 |
- |
0.00 |
- |
- |
Issuance Of Non Recourse Notes Payable |
- |
- |
- |
- |
- |
Payment Of Foreign Currency Derivative Collateral |
- |
- |
- |
- |
- |
Proceeds From Payments For Foreign Currency Derivative Collateral |
- |
- |
- |
- |
- |
Receipt Payment Of Foreign Currency Derivative Collateral |
- |
- |
- |
- |
- |
Increase Decrease In Financing Lease Obligations |
- |
- |
- |
- |
- |
Proceeds From Royalty Financing Obligation |
- |
- |
- |
- |
- |
Proceeds From Issuance Of Common Stock Issued For Services |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
32.49 |
35.66 |
34.43 |
5.08 |
88.03 |
Effect of exchange rate on cash flow |
0.36 |
-0.16 |
-0.41 |
-0.10 |
0.57 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-97.31 |
-87.84 |
-66.95 |
-47.67 |
-163.20 |
Total Cash Flow |
-193.79 |
-153.75 |
-158.45 |
-149.64 |
-201.50 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |