ARES - Ares Management Corporation

NYSE - NYSE Delayed Price. Currency in USD
Annual

Cash Flow

All numbers in thousands
Breakdown
ttm
12/30/2018
12/30/2017
12/30/2016
Cash flows from operating activities
Net Income
122,356
57,020
76,178
111,808
Depreciation & amortization
-
28,517
32,809
37,455
Deferred income taxes
-
-
-
-
Stock based compensation
-
89,724
69,711
39,065
Change in working capital
75,464
331,460
-86,373
-192,455
Accounts receivable
-
29,578
-90,444
-28,306
Inventory
-
-
-
-
Accounts Payable
-
2,262
-
-
Other working capital
-1,390,027
-1,435,521
-1,896,255
-637,568
Other non-cash items
142,090
-4,509
-26,357
-29,960
Net cash provided by operating activites
-1,373,972
-1,417,102
-1,863,095
-625,655
Cash flows from investing activities
Investments in property, plant and equipment
-16,055
-18,419
-33,160
-11,913
Acquisitions, net
-
-
0
0
Purchases of investments
-
-
-
-
Sales/Maturities of investments
-
-
-
-
Other investing activites
-
-
-
0
Net cash used for investing activites
-16,055
-18,419
-33,160
-11,913
Cash flows from financing activities
Debt repayment
-1,266,446
-1,888,738
-1,685,010
-973,468
Common stock issued
206,705
105,333
-
0
Common stock repurchased
-
0
-
-
Dividends Paid
-325,458
-334,346
-283,356
-212,839
Other financing activites
-47,990
-103,543
116,880
-26,240
Net cash used privided by (used for) financing activities
1,423,005
1,405,339
1,654,958
880,764
Net change in cash
30,011
-8,682
-223,932
221,378
Cash at beginning of period
122,192
118,929
342,861
121,483
Cash at end of period
155,170
110,247
118,929
342,861
Free Cash Flow
Operating Cash Flow
-1,373,972
-1,417,102
-1,863,095
-625,655
Capital Expenditure
-16,055
-18,419
-33,160
-11,913
Free Cash Flow
-1,390,027
-1,435,521
-1,896,255
-637,568