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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities:    
Net Income $ 948,235 $ 2,265,618
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Equity-based compensation 88,787 290,980
Depreciation and amortization 5,766 4,793
Amortization of intangible assets 23,047 15,661
Amortization of debt issuance costs 320 255
Unrealized losses from investment in HFA and other investments 2,092 10,024
Non-cash interest income (1,656) (1,562)
Income from equity awards received for directors' fees (516) (2,563)
Income from equity method investment (47,880) (42,412)
Unrealized gain on market value on derivatives (284)  
Waived management fees   (13,581)
Non-cash compensation expense related to waived management fees   13,581
Change in fair value of contingent obligations 9,919  
Deferred taxes, net 31,509 18,230
Loss on disposal of assets 29 911
Gain on business acquisitions   (1,951,169)
Changes in assets and liabilities:    
Carried interest receivable (136,488) (398,151)
Due from affiliates (34,517) (69,059)
Other assets (16,938) 4,614
Accounts payable and accrued expenses 5,044 10,728
Accrued compensation and benefits 19,778 19,915
Deferred revenue 44,298 43,512
Due to affiliates (37,598) 51,640
Profit sharing payable 40,550 195,318
Other liabilities 501 (3,541)
Apollo Funds related:    
Net realized gains from investment activities (84,326) (14,770)
Net unrealized losses (gains) from investment activities 58,505 (191,058)
Net realized gains on debt (83,397)  
Net unrealized losses on debt 156,249 102,825
Distributions from investment activities 62,189 99,675
Change in cash held at consolidated variable interest entities 165,208 (30,215)
Purchases of investments (4,512,398) (2,913,760)
Proceeds from sale of investments and liquidating distributions 4,967,429 2,406,277
Change in other assets (111,683) 119,755
Change in other liabilities 254,558 (101,947)
Net Cash Provided by (Used in) Operating Activities 1,816,332 (59,476)
Cash Flows from Investing Activities:    
Purchases of fixed assets (4,669) (4,286)
Acquisition of Stone Tower (net of cash assumed)   (99,190)
Proceeds from disposals of fixed assets 1,381  
Purchase of investments in HFA and other   (1,889)
Cash contributions to equity method investments (52,040) (103,382)
Cash distributions from equity method investments 95,781 50,820
Change in restricted cash 3 (81)
Net Cash Provided by (Used In) Investing Activities 40,456 (158,008)
Cash Flows from Financing Activities:    
Principal repayments on debt and repurchase of debt (9,545) (376)
Distributions related to deliveries of Class A shares for RSUs (41,763) (16,915)
Distributions to Non-Controlling Interests in consolidated entities (6,448) (4,368)
Contributions from Non-Controlling Interests in consolidated entities 304 2,535
Distributions paid (230,008) (94,801)
Distributions paid to Non-Controlling Interests in Apollo Operating Group (439,017) (181,423)
Apollo Funds related:    
Issuance of debt 332,250 929,532
Principal repayment of debt (1,420,175) (246,134)
Purchase of AAA shares (62,326) (100,046)
Distributions paid (95,906) (49,598)
Distributions paid to Non-Controlling Interests in consolidated variable interest entities (72,479) (202,383)
Contributions from Non-Controlling Interests in consolidated variable interest entities 444,374 61,025
Net Cash (Used in) Provided by Financing Activities (1,600,739) 97,048
Net Increase (Decrease) in Cash and Cash Equivalents 256,049 (120,436)
Cash and Cash Equivalents, Beginning of Period 947,451 744,731
Cash and Cash Equivalents, End of Period 1,203,500 624,295
Supplemental Disclosure of Cash Flow Information:    
Interest paid 23,746 27,612
Interest paid by consolidated variable interest entities 63,219 62,356
Income taxes paid 2,513 658
Supplemental Disclosure of Non-Cash Investing Activities:    
Non-cash contributions on equity method investments 904 1,626
Non-cash distributions from equity method investments (1,364) (468)
Change in accrual for purchase of fixed assets   285
Supplemental Disclosure of Non-Cash Financing Activities:    
Declared and unpaid distributions (28,809) (12,131)
Non-cash distributions to Non-Controlling Interests in consolidated entities   (9,499)
Non-cash contributions from Non-Controlling Interests in Apollo Operating Group   280
Unrealized gain on interest rate swaps to Non-Controlling Interests in Apollo Operating Group, net of taxes   2,010
Satisfaction of liability related to AAA RDUs 1,027 (455)
Net transfers of AAA ownership interest to Non-Controlling Interests in consolidated entities 1,921 (88)
Net transfer of AAA ownership interest from Apollo Global Management, LLC (1,921) 88
Non-cash contributions to Non-Controlling Interests in Apollo Operating Group related to equity-based compensation 19,163 152,412
Unrealized gain on interest rate swaps   1,052
Unrealized loss on available for sale securities (from equity method investment) (5) (3)
Capital increases related to equity-based compensation 68,058 137,305
Non-cash contribution from Non-Controlling Interests in consolidated entities   1,247
Dilution impact of issuance of Class A shares 4,545  
Deferred tax asset related to interest rate swaps   (237)
Tax benefits related to deliveries of Class A shares for RSUs (10,911) (45)
Non-Controlling Interests in consolidated entities related to acquisition   306,351
Capital increase related to business acquisition   14,001
Net Assets Transferred from Consolidated Variable Interest Entity:    
Cash and cash equivalents   1,161,016
Investments, at fair value   8,581,827
Other assets   394,026
Debt, at fair value   (7,255,172)
Other liabilities   (560,262)
Net Assets Transferred from Consolidated Fund:    
Investments, at fair value   46,147
Adjustments related to exchange of Apollo Operating Group units:    
Deferred tax assets 92,080  
Due to affiliates (78,268)  
Additional paid in capital (13,812)  
Non-controlling Interest in Apollo Operating Group $ 50,819