10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOLDMAN SACHS GROUP INC | |||
Ticker: GS Fiscal Year: 2013 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash flows from operating activities | |||
| Net earnings | $ 8,040 | 7,475 | 4,442 |
| Adjustments to reconcile net earnings to net cash provided by/(used for) operating activities | |||
| Depreciation and amortization | 1,322 | 1,738 | 1,869 |
| Deferred income taxes | 29 | (356) | 726 |
| Share-based compensation | 2,015 | 1,319 | 2,849 |
| Changes in operating assets and liabilities | |||
| Cash and securities segregated for regulatory and other purposes | (143) | 10,817 | (10,532) |
| Net receivables from brokers, dealers and clearing organizations | (5,313) | (2,838) | (3,780) |
| Net payables to customers and counterparties | 1,631 | (17,661) | 13,883 |
| Securities borrowed, net of securities loaned | (22,698) | 23,031 | 8,940 |
| Securities sold under agreements to repurchase, net of securities purchased under agreements to resell and federal funds sold | (28,971) | 53,527 | 122 |
| Financial instruments owned, at fair value | 51,079 | (48,783) | 5,085 |
| Financial instruments sold, but not yet purchased, at fair value | 933 | (18,867) | 4,243 |
| Other, net | (3,170) | 3,971 | (5,346) |
| Net cash provided by operating activities | 4,543 | 12,879 | 22,501 |
| Cash flows from investing activities | |||
| Purchase of property, leasehold improvements and equipment | (706) | (961) | (1,184) |
| Proceeds from sales of property, leasehold improvements and equipment | 62 | 49 | 78 |
| Business acquisitions, net of cash acquired | (2,274) | (593) | (431) |
| Proceeds from sales of investments | 2,503 | 1,195 | 2,645 |
| Purchase of available-for-sale securities | (738) | (5,220) | (2,752) |
| Proceeds from sales of available-for-sale securities | 817 | 4,537 | 3,129 |
| Loans held for investment, net | (8,392) | (2,741) | (856) |
| Net cash provided by/(used for) investing activities | (8,728) | (3,734) | 629 |
| Cash flows from financing activities | |||
| Unsecured short-term borrowings, net | 1,336 | (1,952) | (3,780) |
| Other secured financings (short-term), net | (7,272) | 1,540 | (1,195) |
| Proceeds from issuance of other secured financings (long-term) | 6,604 | 4,687 | 9,809 |
| Repayment of other secured financings (long-term), including the current portion | (3,630) | (11,576) | (8,878) |
| Proceeds from issuance of unsecured long-term borrowings | 30,851 | 27,734 | 29,169 |
| Repayment of unsecured long-term borrowings, including the current portion | (30,473) | (36,435) | (29,187) |
| Derivative contracts with a financing element, net | 874 | 1,696 | 1,602 |
| Deposits, net | 683 | 24,015 | 7,540 |
| Preferred stock repurchased | (3,857) | ||
| Common stock repurchased | (6,175) | (4,640) | (6,048) |
| Dividends and dividend equivalents paid on common stock, preferred stock and restricted stock units | (1,302) | (1,086) | (2,771) |
| Proceeds from issuance of preferred stock, net of issuance costs | 991 | 3,087 | |
| Proceeds from issuance of common stock, including stock option exercises | 65 | 317 | 368 |
| Excess tax benefit related to share-based compensation | 98 | 130 | 358 |
| Cash settlement of share-based compensation | (1) | (1) | (40) |
| Net cash provided by/(used for) financing activities | (7,351) | 7,516 | (6,910) |
| Net increase/(decrease) in cash and cash equivalents | (11,536) | 16,661 | 16,220 |
| Cash and cash equivalents, beginning of year | 72,669 | 56,008 | |
| Cash and cash equivalents, end of year | 61,133 | 72,669 | 56,008 |
| SUPPLEMENTAL DISCLOSURES: | |||
| Cash payments for interest, net of capitalized interest | 5,690 | 9,250 | 8,050 |
| Cash payments for income taxes, net of refunds | 4,070 | 1,880 | 1,780 |
| Non-cash activities: | |||
| Debt assumed in connection with business acquisitions | 77 | 2,090 | |
| Common stock issued in connection with business acquisitions | 103 | ||
| Gain (Loss) on Sale of Business | |||
| Hedge Fund Administration business | |||
| Gain on sale of business | (494) | ||
| European Insurance business | |||
| Gain on sale of business | (211) | ||
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |