Please use the spreadsheet to answer the following questions about Uber Technologies Inc.

a. What were operating cash flows of Uber for years data is available?

b. Suppose that during those years Uber also increased its net working capital and capital spending. Together with your answer to part (a), how would all that be possible? In other words, how did Uber finance its investments and/or operating losses (if there were any)? Explain

2016-12 2018-12 3845 2228 1617 2017-12 7932 4160 3772 11270 5623 5647 UBER TECHNOLOGIES INC. JUBER) Cash FlowFlag INCOME STATEMENT Fiscal year ends in December. USD in millions except per share data. Revenue Cost of revenue Gross profit Operating expenses Research and development Sales, General and administrative Other operating expenses Total operating expenses Operating income Interest Expense Other income (expense) Income before taxes Provision for income taxes Other income Net income from continuing operations Net income from discontinuing ops Other Net income Preferred dividend Net income available to common shareholders Earnings per share Basic Diluted Weighted average shares outstanding Basic Diluted 864 2575 1201 4640 -3023 334 139 -3218 28 1201 4787 1864 7852 -4080 479 -16 1505 5233 1942 8680 -3033 648 4993 1312 283 -42 987 -4575 -542 -4033 -3246 2876 -370 -4033 10 997 -941 1938 -370 -4033 -0.25 -0.25 -2.76 -2.76 1.33 1.26 1459 1526 1459 1526 1459 1526 Depreciation & amortization 347 510 426 1