AMC Other Presentation Deck
ASC 842 Adjustments: Cash Flow Statement
While ASC 842 has no impact on total change in cash, principal payments for legacy financing lease
obligations in cash flow from financing are reclassified and captured in cash flow from operations
Net Income
Deferred Rent (1)
D&A
Line Item
Non-Cash Rent Expense -
Purchase Accounting (1)
Cash Flow Used In
Operating Activities
Principal Payment
Under FLO
Cash Flow Provided By
Financing Activities
Change In Cash
amc
A WANDA GROUP COMPANY
2018A PF
Impact ($M)
$3.4
$6.2
($105.7)
$38.5
($57.6)
$57.6
$57.6
Note: Positive value reflects increase in line item and vice versa
(1) Increase in add-back primarily related to P&L impact of non-cash items / amounts
Commentary
■
■
Reclassification of legacy FLOs to operating
leases shifts FLO principal payments to cash
flow used in operating activities
Adjusted Free Cash Flow is reduced,
commensurate with the reduction in operating
cash flows
Non-cash rent and depreciation adjust net
income to a cash basis equal to the principal
payment amount
No impact on change in cash
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