Uber Results Presentation Deck
Free Cash Flow Reconciliation
$ in Millions
Free Cash Flow reconciliation:
Net cash provided by (used in) operating activities
Purchases of property and equipment
Free Cash Flow
Free Cash Flow, excluding HMRC VAT payments:
Add: HMRC VAT payments
Free Cash Flow, excluding HMRC VAT payments
Uber
Q3 2023 Earnings
Sep 30, '22
432
(74)
$358
$358
Dec 31, '22
(244)
(59)
($303)
733
$430
Three Months Ended
Mar 31, '23
606
(57)
$549
$549
Jun 30, '23
1.190
(50)
$1,140
$1,140
Sep 30, '23
996
(61)
$905
622
$1,527
Note 1: Net cash provided by (used in) operating activities and Free Cash Flow in Q4'22 experienced a cash outflow of approximately $733 million (GBP 613 million) to resolve outstanding HMRC VAT
claims related to periods prior to our model change on March 14, 2022.
Note 2: Net cash provided by (used in) operating activities and Free Cash Flow in Q3'23 experienced a cash outflow of approximately $622 million (GBP 493 million) related to the payment of a HMRC
VAT assessment.
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