Overview of Content Accounting slide image

Overview of Content Accounting

FAQ (continued). How do I calculate your cash spending on content? Cash spending on content can be derived from our cash flow statement. The sum of Additions to Content Assets and the Change in Content Liabilities equates to our cash spending on content Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities: Additions to content assets Change in content liabilities Amortization of content assets $ 2022 Year Ended December 31, 2021 4,491,924 (16,839,038) 179,310 14,026,132 24 $ 5,116,228 $ (17,702,202) 232,898 12,230,367 2020 2,761,395 (11,779,284) (757,433) 10,806,912 ~$16.7 bil. in cash spent on content in FY22 vs. $14.0 bil. in content amortization, resulting in a 1.2x ratio of cash spend on content to content amort. ratio NETFLIX
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