Use attached statement of Cash Flows At the most recent year end, (circle provided by or used for) $________________ was provided/used by operating activities. $________________
Use attached statement of Cash Flows
At the most recent year end, (circle provided by or used for)
$________________ was provided/used by operating activities.
$________________ was provided/used by investing activities.
$________________ was provided/used by financing activities.
The primary source of cash was_____________________ (operating, investing, financing) activities.
For the most recent year, what is the primary investing activity (can be positive or negative)?
For the most recent year, what is the primary financing activity (can be positive or negative)?
This statement of cash flow indicates a _________________(strong/weak) cash position.Why? (don't say because it increased or decreased, be more specific)
HASBRO, INC. AND SUBSIDIARIES Consolidated Statements of Cash Flows Fiscal Years Ended in December (Thousands of Dollars) 2019 2018 2017 Cash flows from operating activities Net earnings $ 520.454 220.434 396.607 Adjustments to reconcile net earnings to net cash Depreciation of property, plant and equipment 133528 139 255 143.018 Impairment of goodwill . . . 86.253 Impairment of intangible assets 31 303 Pension Settlement . .. 110.962 Amortization of intangible assets 47.259 28 703 28.818 Program production cost amortization 85.585 43906 35,798 Deferred income taxes . (14.956) (11,094) 112,105 Stock-based compensation 28.044 27,892 56.032 Other non-cash items . .... (54,184) (18,879) (44,001) Changes in operating assets and liabilities, net of acquired and dis (Increase) decrease in accounts receivable (211,450) 180.113 (4,631) (50,376) Increase in inventories . . ... (37,211) (25,301) Decrease (increase) in prepaid expenses and other current a 18,106 (11,929) 24,450 Program production costs, net of tax rebates received (33,851) (131984) (48,003) Increase (decrease) in accounts payable and accrued liabilities 62.277 107,426 (80,461) Net deemed repatriation tax . ... . . . . (14,550) (19,532) 27.027 181,305 Other, including long-term advances . (35,218) (5.613) Net cash provided by operating activities . . . 653,061 645.997 724,378 Cash flows from investing activities Additions to property, plant and equipment . . . .. . .. (133,636) (140.426) (134,877) Investments and acquisitions, net of cash acquired (8,761) (155,451) Net gains on derivative contracts . 79.990 Other . . . . . . 1452 9.400 3 396 Net cash utilized by investing activities . (60.955) (286477) (131481) Cash flows from financing activities Net proceeds from borrowings with maturity greater than three months . 2.354,957 493.878 Repayments of borrowings with maturity greater than three months (350,000) Net repayments of other short-term borrowings (8,828) (142 357) (18,419) Purchases of common stock (61,387) (250.054) (151,311) Stock-based compensation tra 31,786 29.999 29,431 Dividends paid (336,604) (309.258) (276.973) Payments related to tax withholding for share-based compensation (13,123) (58344) (31994) Deferred acquisition payments . ... . . . .; (100,000) Proceeds from issuance of common stock . 975,185 Deferred financing fees paid (26.653) Other . . . . . . (4,760) (7.087) (6,785) Net cash provided (utilized) by financing activities 2810.573 (737 101) (312173) Effect of exchange rate changes on cash . . (4,681) (21.282) 18.225 Increase (decrease) in cash and cash equivalents . 3,397.998 (398.863) 298.949 Cash and cash equivalents at beginning of year . . .. 1.182 371 282 285 Cash and cash equivalents at end of year . . . $4.580 369 1581.234 Supplemental information Interest paid . . . 82 205 89 294 Income taxes paid 103.149 117 854 115.753
