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: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 25, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash flows from operating activities | |||
| Net earnings | $ 21,635 | 9,459 | 8,466 |
| Adjustments to reconcile net earnings to net cash provided by/(used) for operating activities: | |||
| Depreciation and amortization | 2,015 | 1,902 | 1,704 |
| Deferred income taxes | 5 | (833) | (334) |
| Share-based compensation | 2,348 | 1,920 | 2,018 |
| Gain related to extinguishment of unsecured borrowings | 0 | (1) | (20) |
| Provision for credit losses | 357 | 3,098 | 1,065 |
| Changes in operating assets and liabilities: | |||
| Customer and other receivables and payables, net | 21,971 | (30,895) | (7,693) |
| Collateralized transactions (excluding other secured financings), net | (70,058) | (13,007) | 94,991 |
| Trading assets | 15,232 | (33,405) | (68,682) |
| Trading liabilities | 26,616 | 44,892 | (231) |
| Loans held for sale, net | (5,556) | 1,820 | (1,458) |
| Other, net | (13,644) | 1,322 | (5,958) |
| Net cash provided by/(used for) operating activities | 921 | (13,728) | 23,868 |
| Cash flows from investing activities | |||
| Purchase of property, leasehold improvements and equipment | (4,667) | (6,309) | (8,443) |
| Proceeds from sales of property, leasehold improvements and equipment | 3,933 | 2,970 | 6,632 |
| Net cash used for business acquisitions | 0 | (231) | (803) |
| Purchase of investments | (39,912) | (48,670) | (29,773) |
| Proceeds from sales and paydowns of investments | 45,701 | 29,057 | 17,812 |
| Loans (excluding loans held for sale), net | (35,520) | (11,173) | (9,661) |
| Net cash used for investing activities | (30,465) | (34,356) | (24,236) |
| Cash flows from financing activities | |||
| Unsecured short-term borrowings, net | 2,137 | 7,707 | 14 |
| Other secured financings (short-term), net | (1,320) | 2,861 | (2,050) |
| Proceeds from issuance of other secured financings (long-term) | 4,795 | 8,073 | 7,257 |
| Repayment of other secured financings (long-term), including the current portion | (6,590) | (4,137) | (7,468) |
| Purchase of Trust Preferred securities | 0 | (11) | (206) |
| Proceeds from issuance of unsecured long-term borrowings | 92,717 | 47,250 | 22,381 |
| Repayment of unsecured long-term borrowings, including the current portion | (52,608) | (55,040) | (43,936) |
| Derivative contracts with a financing element, net | 1,121 | 1,037 | 3,952 |
| Deposits, net | 103,538 | 67,343 | 31,214 |
| Preferred stock redemption | (2,675) | (350) | (1,100) |
| Common stock repurchased | (5,200) | (1,928) | (5,335) |
| Settlement of share-based awards in satisfaction of withholding tax requirements | (985) | (830) | (745) |
| Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards | (2,725) | (2,336) | (2,104) |
| Proceeds from issuance of preferred stock, net of issuance costs | 2,172 | 349 | 1,098 |
| Other financing, net | 361 | 392 | 395 |
| Net cash provided by financing activities | 134,738 | 70,380 | 3,367 |
| Net increase in cash and cash equivalents | 105,194 | 22,296 | 2,999 |
| Cash and cash equivalents, beginning balance | 155,842 | 133,546 | |
| Cash and cash equivalents, ending balance | 261,036 | 155,842 | 133,546 |
| Supplemental disclosures: | |||
| Cash payments for interest, net of capitalized interest | 5,521 | 9,091 | 18,645 |
| Cash payments for income taxes, net | 6,195 | 2,754 | 1,266 |
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2021 | |
| 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 |