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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands, € in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income / (loss) $ 157,613 $ 49,427 $ (180,597)
Adjustments to reconcile net income / (loss) to net cash generated from continuing operating activities:      
(Income) / loss from discontinued operations, net of tax (60,548) 1,636 918
Amortization of program rights 309,439 293,728 275,746
Depreciation and other amortization 46,437 45,871 57,817
Interest and related Guarantee Fees paid in kind 3,783 23,331 42,074
Loss on extinguishment of debt 415 101 150,158
Gain on disposal of fixed assets (90) (108) (299)
Deferred income taxes 2,734 (483) 1,424
Change in fair value of derivatives 1,322 231 11,473
Foreign currency exchange loss / (gain), net 2,376 (13,773) (8,891)
Changes in assets and liabilities:      
Accounts receivable, net (16,461) (325) (18,972)
Accounts payable and accrued liabilities (8,597) (1,588) 3,881
Program rights (307,490) (310,798) (287,357)
Other assets and liabilities 587 3,385 261
Accrued interest (31,338) (3,727) (133,723)
Income taxes payable (2,878) 7,554 5,162
Deferred revenue 6,293 (2,272) (852)
VAT and other taxes payable (1,656) (3,301) 1,028
Net cash generated from / (used in) continuing operating activities 109,024 93,301 (77,239)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property, plant and equipment (24,583) (28,115) (26,736)
Proceeds from disposal of property, plant and equipment 43 168 211
Net cash used in continuing investing activities (24,540) (27,947) (26,525)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from debt 0 0 533,963
Repayments of debt (270,780) (59,060) (430,030)
Debt transactions costs (10,746) (106) (9,541)
Payment of credit facilities and capital leases (4,858) (2,999) (1,357)
Settlement of forward currency swaps 0 0 (12,106)
Proceeds from exercise of warrants 105,652 1,148 6,997
Proceeds from sale-leaseback transactions 0 2,746 0
Payments of withholding tax on net share settlement of stock-based compensation (1,630) (168) 0
Net cash (used in) / provided by continuing financing activities (182,362) (58,439) 87,926
Net cash provided by / (used in) discontinued operations - operating activities 1,842 736 (149)
Net cash provided by / (used in) discontinued operations - investing activities 100,724 (877) (1,638)
Net cash used in discontinued operations - financing activities 0 0 0
Impact of exchange rate fluctuations on cash (1,405) 11,020 (862)
Net increase / (decrease) in cash and cash equivalents 3,283 17,794 (18,487)
CASH AND CASH EQUIVALENTS, beginning of year 58,748 40,954 59,441
CASH AND CASH EQUIVALENTS, end of year 62,031 58,748 40,954
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid for interest (including mandatory cash-pay Guarantee Fees) 43,400 47,200 54,000
Cash paid for income taxes, net of refunds 28,365 15,143 290
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING AND INVESTING ACTIVITIES:      
Accretion on Series B Convertible Redeemable Preferred Stock 4,777 9,694 13,701
Capital Lease Obligations Incurred 13,419 8,811 1,193
Guarantee Fees Previously Paid in Kind [Member] [Member]      
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid for Guarantee Fees that may be paid in kind 27,300 0 22,400
Guarantee Fee [Member]      
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid for Guarantee Fees that may be paid in kind $ 812 $ 8,300 $ 8,349