Questions
- Discuss the firms operating activity.
- Discuss the firms investing activity.
- Discuss the firms financing activity.
- Find the firms net income, other comprehensive income and dividend
- Comment on the relation between cash flows from operations and net income.
Shopify Inc. Consolidated Statements of Cash Flows Expressed in US $000's Years ended December 31, 2019 December 31, 2018 , Note S (124.842) (64.553) 27,052 95,720 7 35.651 158,456 15,912 (37,918) 3,181 5.922 1.272 (56,181) (74,211) ( (12,401) 84,563 64,648 12,305 (32.649) (50,694) (10,816) 20,641 9,015 1,452 8.414 Cash flows from operating activities Net loss for the year Adjustments to reconcile net loss to net cash provided by operating activities: Amortization and depreciation Stock-based compensation Provision for uncollectible receivables related to merchant cash advances and loans receivable Deferred income taxes Unrealized foreign exchange loss Changes in operating assets and liabilities: Trade and other receivables Merchant cash advances and loans receivable Other current assets Accounts payable and accrued liabilities Income tax assets and liabilities Deferred revenue Lease assets and liabilities Net cash provided by operating activities Cash flows from investing activities Purchase of marketable securities Maturity of marketable securities Acquisitions of property and equipment Acquisitions of intangible assets Acquisition of businesses, net of cash acquired Net cash used by investing activities Cash flows from financing activities Proceeds from the exercise of stock options Proceeds from public offering, net of issuance costs Net cash provided by financing activities Effect of foreign exchange on cash and cash equivalents Net increase in cash and cash equivalents Cash and cash equivalents Beginning of Year Cash and cash equivalents - End of Year 70,615 9.324 (2,447,955) (2,718,604) 2.477,038 1.698.264 (56,759) (5.638) (265,512) (569.475) (27,950) (13,595) (19.397) (810,633) 22 48,337 30.494 27 688,014 1,041,688 736,351 1,072,182 1,742 (1.867) 239,233 269.006 410,683 141,677 649,916 410,683 15,611 153,053 Supplemental cash flow information: Cash paid for amounts included in the measurement of lease liabilities included in cash flows from operating activities Lease liabilities arising from obtaining right-of-use assets Acquired property and equipment remaining unpaid Acquired intangible assets remaining unpaid Capitalized stock-based compensation 7,878 1,931 322 854 1.970