XML 271 R7.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Operating Activities:      
Net loss $ (126.9) $ (106.9) $ (8.9)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 17.8 15.6 17.9
Amortization of films and television programs and program rights 1,642.1 1,347.8 1,649.3
Non-cash charge from the modification of an equity award (see Note 11) 0.0 49.2 0.0
Content and other impairments 26.1 12.8 5.9
Amortization of debt financing costs and other non-cash interest 23.7 25.1 21.8
Non-cash share-based compensation 57.9 62.5 73.4
Other non-cash items 38.7 46.0 59.9
(Gain) loss on extinguishment of debt 1.8 1.3 1.3
Equity interests income (4.3) (8.7) (0.5)
Gain on investments, net 0.0 (3.5) (44.0)
Deferred income taxes (2.4) (4.4) 1.6
Changes in operating assets and liabilities:      
Proceeds from the termination of interest rate swaps 0.0 0.0 188.7
Accounts receivable, net 185.3 84.9 (136.7)
Investment in films and television programs and program rights, net (1,667.3) (1,120.5) (1,568.4)
Other assets (78.0) 16.5 (44.9)
Accounts payable and accrued liabilities (102.5) (48.8) 57.4
Participations and residuals (34.5) 26.8 138.3
Content related payables (13.5) (24.5) (10.7)
Deferred revenue 111.0 3.2 (24.5)
Due from Starz Business (181.8) 114.5 (30.8)
Net Cash Flows Provided By (Used In) Operating Activities (106.8) 488.9 346.1
Investing Activities:      
Net proceeds from purchase price adjustments for eOne acquisition (see Note 3) 12.0 0.0 0.0
Purchase of eOne, net of cash acquired (see Note 3) 0.0 (331.1) 0.0
Proceeds from the sale of other investments 1.6 5.2 46.3
Investment in equity method investees and other (2.0) (13.3) (17.5)
Distributions from equity method investees and other 0.0 0.8 1.9
Acquisition of assets (film library and related assets) (35.0) 0.0 0.0
Increase in loans receivable 0.0 (3.7) 0.0
Repayment of loans receivable 1.5 0.0 0.0
Purchases of accounts receivables held for collateral 0.0 (85.5) (183.7)
Receipts of accounts receivables held for collateral 0.0 105.7 190.8
Capital expenditures (13.5) (9.9) (6.5)
Capital expenditures (13.5) (9.9) (6.5)
Net Cash Flows Provided By (Used In) Investing Activities (35.4) (331.8) 31.3
Financing Activities:      
Debt - borrowings, net of debt issuance costs 4,387.7 3,145.0 1,523.0
Debt - repurchases and repayments (4,474.5) (2,611.4) (1,745.8)
Film related obligations - borrowings 1,985.8 1,820.8 1,584.7
Film related obligations - repayments (1,959.5) (1,942.9) (956.5)
Settlement of financing component of interest rate swaps 0.0 0.0 (134.5)
Purchase of noncontrolling interest (7.4) (194.6) (36.5)
Distributions to noncontrolling interest (10.3) (1.7) (7.6)
Parent net investment (100.3) (290.1) (621.3)
Tax withholding required on equity awards (18.7) 0.0 0.0
Proceeds from Business Combination, net 281.7 0.0 0.0
Net Cash Flows Provided By (Used In) Financing Activities 84.5 (74.9) (394.5)
Net Change In Cash, Cash Equivalents and Restricted Cash (57.7) 82.2 (17.1)
Foreign Exchange Effects on Cash, Cash Equivalents and Restricted Cash (3.1) 0.8 (1.8)
Cash, Cash Equivalents and Restricted Cash - Beginning Of Period 334.4 251.4 270.3
Cash, Cash Equivalents and Restricted Cash - End Of Period 273.6 334.4 251.4
LIONS GATE ENTERTAINMENT CORP [Member]      
Operating Activities:      
Net loss (373.6) (1,116.3) (2,018.8)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 188.1 192.2 180.3
Amortization of films and television programs and program rights 1,722.4 1,577.9 1,665.3
Non-cash charge from the modification of an equity award (see Note 11) 0.0 49.2 0.0
Content and other impairments 162.4 377.3 385.2
Amortization of debt financing costs and other non-cash interest 27.4 28.3 25.7
Non-cash share-based compensation 74.4 90.6 102.0
(Gain) loss on extinguishment of debt 7.5 (19.9) (57.4)
Equity interests income (4.3) (8.7) (0.5)
Gain on investments, net 0.0 (3.5) (44.0)
Deferred income taxes 5.3 (18.5) (5.3)
Other amortization 46.2 53.4 69.2
Goodwill and intangible asset impairment 0.0 663.9 1,475.0
Changes in operating assets and liabilities:      
Proceeds from the termination of interest rate swaps 0.0 0.0 188.7
Accounts receivable, net 188.6 95.6 (140.6)
Investment in films and television programs and program rights, net (1,968.6) (1,409.3) (1,979.2)
Other assets (69.1) (1.7) (41.9)
Accounts payable and accrued liabilities (163.8) (136.3) (2.9)
Participations and residuals (37.8) 29.0 145.4
Content related payables (69.7) (45.6) (35.1)
Deferred revenue 98.6 (0.8) (25.4)
Net Cash Flows Provided By (Used In) Operating Activities (166.0) 396.8 (114.3)
Investing Activities:      
Net proceeds from purchase price adjustments for eOne acquisition (see Note 3) 12.0 0.0 0.0
Purchase of eOne, net of cash acquired (see Note 3) 0.0 (331.1) 0.0
Investment in equity method investees and other (2.0) (13.3) (17.5)
Distributions from equity method investees and other 0.0 0.8 1.9
Acquisition of assets (film library and related assets) (35.0) 0.0 0.0
Increase in loans receivable 0.0 (3.7) 0.0
Repayment of loans receivable 1.6 0.0 0.0
Proceeds from the sale of other investments 1.5 5.2 46.3
Capital expenditures (31.1) (34.7) (49.0)
Net Cash Flows Provided By (Used In) Investing Activities (53.0) (376.8) (18.3)
Financing Activities:      
Debt - borrowings, net of debt issuance costs 4,235.0 3,145.0 1,523.0
Debt - repurchases and repayments (4,443.3) (2,672.8) (1,880.8)
Film related obligations - borrowings 2,296.2 2,010.6 1,688.6
Film related obligations - repayments (2,179.3) (2,215.4) (1,073.0)
Sale of noncontrolling interest in Lionsgate Studios Corp. (see Note 2) 281.7 0.0 0.0
Settlement of financing component of interest rate swaps 0.0 0.0 (134.5)
Purchase of noncontrolling interest (7.4) (194.6) (36.5)
Distributions to noncontrolling interest (10.3) (1.7) (7.6)
Exercise of stock options 0.7 0.5 3.8
Tax withholding required on equity awards (29.1) (32.0) (19.2)
Net Cash Flows Provided By (Used In) Financing Activities 144.2 39.6 63.8
Net Change In Cash, Cash Equivalents and Restricted Cash (74.8) 59.6 (68.8)
Foreign Exchange Effects on Cash, Cash Equivalents and Restricted Cash (5.0) (1.2) (2.8)
Cash, Cash Equivalents and Restricted Cash - Beginning Of Period 371.4 313.0 384.6
Cash, Cash Equivalents and Restricted Cash - End Of Period $ 291.6 $ 371.4 $ 313.0