Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2018) 9 Months |
(Jun 30 2018) 6 Months |
(Mar 31 2018) 3 Months |
(Dec 31 2017) 12 Months |
(Sep 30 2017) 9 Months |
Income |
61.03 |
40.18 |
18.01 |
51.52 |
43.04 |
Depreciation & amortization |
4.53 |
2.88 |
1.38 |
5.36 |
3.98 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Minority interests
|
- |
- |
- |
- |
- |
Accountig change |
- |
- |
- |
- |
- |
Provision for Doubtful Accounts |
0.05 |
- |
- |
0.22 |
0.03 |
Inventories |
- |
- |
- |
- |
- |
Write-off of Assets |
- |
- |
- |
- |
- |
Sales of business |
- |
- |
- |
- |
- |
Share-based Compensation |
8.92 |
5.77 |
2.61 |
9.15 |
6.17 |
Stock-based compensation expense |
- |
- |
- |
- |
- |
Foreign Currency Transaction Gain (Loss), Unrealized |
- |
- |
- |
- |
- |
Increase Decrease In Commissions Receivable |
1.50 |
-1.21 |
0.48 |
-0.47 |
-1.72 |
Increase Decrease Prepaid Rent Leasehold Improvements |
- |
- |
- |
- |
- |
Increase Decrease Investments In Trust Account |
- |
- |
- |
- |
- |
Commission Payable Increase Decrease |
- |
-10.55 |
-13.02 |
-5.56 |
-7.12 |
Marketable Securities Realized Gain Loss |
- |
0.14 |
0.16 |
-0.13 |
-0.13 |
Increase Decrease Assets In Trust Account |
- |
- |
-1.26 |
-1.45 |
-1.37 |
Increase Decrease In Contributions To Trust Account |
- |
-1.26 |
-4.76 |
2.37 |
-0.15 |
Increase Decrease Assets In Rabbi Trust Account |
- |
- |
- |
- |
- |
Deferred Compensation And Commissions Increase Decrease |
-28.11 |
- |
- |
- |
- |
Amortization Of Right Of Use Assets |
-3.50 |
- |
- |
- |
- |
Increase Decrease In Leasehold Improvements |
- |
- |
- |
- |
- |
Noncash Lease Expense |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
- |
- |
Increase Decrease In Advances And Loans |
- |
- |
- |
- |
- |
Income taxes |
-0.74 |
1.49 |
1.75 |
12.83 |
1.54 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Employee Related Liabilities |
-0.56 |
-6.75 |
-12.97 |
1.78 |
-1.76 |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
-1.55 |
-1.53 |
-2.68 |
-0.57 |
-1.36 |
Accrued & other current liabilities |
- |
- |
- |
- |
- |
Other Working capital changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense |
4.02 |
2.49 |
2.43 |
-3.67 |
0.44 |
Other Working Capital |
-9.07 |
-3.59 |
-2.11 |
-13.67 |
-12.78 |
Other Noncash Income (Expense) |
-0.15 |
0.15 |
0.06 |
0.11 |
-0.05 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
0.82 |
2.20 |
0.03 |
0.66 |
0.48 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
55.01 |
23.05 |
-12.99 |
66.54 |
25.34 |
Capital Expenditures |
-4.57 |
-2.64 |
-1.36 |
-6.55 |
-4.99 |
Sale of Capital Items |
- |
- |
- |
0.01 |
0.01 |
Proceeds from Sale and Maturity of Available-for-sale Securities |
88.03 |
64.97 |
30.07 |
44.75 |
14.95 |
Payments to Acquire Available-for-sale Securities, Debt |
-168.67 |
-57.41 |
-35.36 |
-65.09 |
-37.56 |
Proceeds from other investments |
- |
- |
- |
- |
- |
Payments To Acquire Convertible Notes |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-6.99 |
-6.22 |
- |
- |
- |
Investment in affiliate |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Receivables |
-0.11 |
-0.12 |
-0.12 |
-0.45 |
-0.42 |
Other |
- |
- |
- |
- |
- |
Other Net |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-92.32 |
-1.42 |
-6.78 |
-27.34 |
-28.01 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
-1.04 |
-1.04 |
- |
-0.99 |
-0.99 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
0.36 |
0.36 |
- |
0.65 |
0.39 |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-1.78 |
-1.71 |
-1.65 |
-5.45 |
-1.44 |
Proceeds From Issuance Initial Public Offering Excluding Unpaid Deferred Offering Costs Included In Accounts Payable And Other Accrued Expenses As Of Period End |
- |
- |
- |
- |
- |
Distribution Related To Stock Appreciation Rights Liability For Taxes Payable |
- |
- |
- |
- |
- |
Payments On Stock Appreciation Rights |
- |
- |
- |
- |
- |
Principal Payments On Stock Appreciation Rights |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
- |
- |
- |
- |
- |
Net Cash flow from
Financing Activities |
-2.46 |
-2.39 |
-1.65 |
-5.78 |
-2.04 |
Effect of exchange rate on cash flow |
-39.77 |
19.23 |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
50.44 |
20.40 |
-14.35 |
59.99 |
20.36 |
Total Cash Flow |
- |
- |
-21.42 |
33.42 |
-4.71 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
220.79 |
187.37 |
187.37 |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
1.55 |
1.91 |
1.90 |
Cash Income taxes paid |
16.24 |
11.44 |
0.11 |
35.00 |
23.55 |