Warner Music Group Corp.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2010 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $143.0M | $25.0M | $-91.0M | $-308.0M | $-198.0M | $-112.0M | $-143.0M |
| Depreciation & Amortization | $251.0M | $293.0M | $309.0M | $321.0M | $258.0M | $244.0M | $258.0M |
| Depreciation | $50.0M | $50.0M | $54.0M | $55.0M | $51.0M | $51.0M | — |
| Amortization | $201.0M | $243.0M | $255.0M | $266.0M | $207.0M | $193.0M | $219.0M |
| Stock-Based Compensation | $70.0M | $23.0M | $3.0M | $8.0M | $19.0M | — | $10.0M |
| Net Cash from Operating Activities | $535.0M | $342.0M | $222.0M | $130.0M | $159.0M | $209.0M | $150.0M |
| Investing Activities | |||||||
| Capital Expenditures | $44.0M | $42.0M | $63.0M | $76.0M | $34.0M | $32.0M | $51.0M |
| Business Acquisitions | $139.0M | $28.0M | $16.0M | $53.0M | $737.0M | $6.0M | $7.0M |
| Net Cash from Investing Activities | $-126.0M | $-8.0M | — | — | — | $-58.0M | $-85.0M |
| Financing Activities | |||||||
| Dividends Paid | $84.0M | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-128.0M | $-216.0M | — | — | — | $-3.0M | $-3.0M |
| Net Change in Cash | $288.0M | $113.0M | $89.0M | $2.0M | $-147.0M | $148.0M | $55.0M |
| Free Cash Flow | $491.0M | $300.0M | $159.0M | $54.0M | $125.0M | $177.0M | $99.0M |