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Five Point Holdings, LLC (FPH)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20
   8-K10-Q10-Q10-K8-K10-Q10-Q10-K
CASH FLOWS FROM OPERATING ACTIVITIES:          
    Net loss   -11.0-36.8  -4.9-21.0 
    Adjustments to reconcile net (loss) income to net cash used in operating activities:          
        Equity in earnings from unconsolidated entities   -0.61.0-6.2 -12.13.6-42.4
        Return on investment from Gateway Commercial Venture          
        Deferred income taxes          
        Depreciation and amortization   1.41.6  4.19.3 
        Gain on distribution from indirect Legacy Interest in Great Park Venture—related party     -1.0 -1.0  
        Share-based compensation   0.74.1  1.11.3 
        Changes in operating assets and liabilities:          
            Inventories   -42.4-47.5-104.1 -59.9-52.1-99.2
            Related party assets   -0.82.8-0.4 17.0-5.0-10.0
            Other assets   -0.2-0.4-1.3 -1.72.9-0.1
            Accounts payable and other liabilities   -20.86.3-18.3 -7.08.9-32.3
            Related party liabilities   -1.810.8  -0.9-0.3-1.3
                Net cash used in operating activities   -75.6-58.0-81.4 -65.3-52.5-78.5
   
CASH FLOWS FROM INVESTING ACTIVITIES:          
    Return of investment          
    Contribution to Valencia Landbank Venture          
    Distribution from indirect Legacy Interest in Great Park Venture—related party       1.0  
    Purchase of properties and equipment   -0.1 -0.2 0.0-0.1-2.1
        Net cash provided by investing activities   0.90.5  78.00.0 
   
CASH FLOWS FROM FINANCING ACTIVITIES:          
    Reacquisition of share-based compensation awards for tax-withholding purposes    -2.7-2.0  -2.0-5.5
    Payment of financing costs     -0.7 -0.7  
    Related party reimbursement obligation   -1.2-1.2-19.4 -4.9-11.0-13.5
    Tax distribution to noncontrolling interest    -0.4-4.4 -0.3-2.9-4.6
        Net cash used in financing activities   -1.2-4.3-26.6 -5.8-15.9-23.5
    NET DECREASE IN CASH AND CASH EQUIVALENTS, AND RESTRICTED CASH     -32.7   -49.1

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