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: 2022 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 24, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Cash flows from operating activities | |||
| Net earnings | $ 11,261 | 21,635 | 9,459 |
| Adjustments to reconcile net earnings to net cash provided by/(used for) operating activities | |||
| Depreciation and amortization | 2,455 | 2,015 | 1,902 |
| Deferred income taxes | (2,412) | 5 | (833) |
| Share-based compensation | 4,083 | 2,348 | 1,920 |
| Gain related to extinguishment of unsecured borrowings | 0 | 0 | (1) |
| Provision for credit losses | 2,715 | 357 | 3,098 |
| Changes in operating assets and liabilities: | |||
| Customer and other receivables and payables, net | 35,014 | 21,971 | (30,895) |
| Collateralized transactions (excluding other secured financings), net | (100,996) | (70,058) | (13,007) |
| Trading assets | 45,278 | 15,232 | (33,405) |
| Trading liabilities | 8,062 | 26,616 | 44,892 |
| Loans held for sale, net | 3,161 | (5,556) | 1,820 |
| Other, net | 87 | (8,267) | (3,485) |
| Net cash provided by/(used for) operating activities | 8,708 | 6,298 | (18,535) |
| Cash flows from investing activities | |||
| Purchase of property, leasehold improvements and equipment | (3,748) | (4,667) | (6,309) |
| Proceeds from sales of property, leasehold improvements and equipment | 2,706 | 3,933 | 2,970 |
| Net cash used for business acquisitions | (2,115) | 0 | (231) |
| Purchase of investments | (60,536) | (39,912) | (48,670) |
| Proceeds from sales and paydowns of investments | 12,961 | 45,701 | 29,057 |
| Loans (excluding loans held for sale), net | (25,228) | (35,520) | (11,173) |
| Net cash used for investing activities | (75,960) | (30,465) | (34,356) |
| Cash flows from financing activities | |||
| Unsecured short-term borrowings, net | 321 | 2,137 | 7,707 |
| Other secured financings (short-term), net | (2,283) | (1,320) | 2,861 |
| Proceeds from issuance of other secured financings (long-term) | 1,800 | 4,795 | 8,073 |
| Repayment of other secured financings (long-term), including the current portion | (3,407) | (6,590) | (4,137) |
| Purchase of Trust Preferred securities | 0 | 0 | (11) |
| Proceeds from issuance of unsecured long-term borrowings | 84,522 | 92,717 | 47,250 |
| Repayment of unsecured long-term borrowings, including the current portion | (42,806) | (52,608) | (55,040) |
| Derivative contracts with a financing element, net | 1,797 | 1,121 | 1,037 |
| Deposits, net | 28,074 | 103,538 | 67,343 |
| Preferred stock redemption | 0 | (2,675) | (350) |
| Common stock repurchased | (3,500) | (5,200) | (1,928) |
| Settlement of share-based awards in satisfaction of withholding tax requirements | (1,595) | (985) | (830) |
| Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards | (3,682) | (2,725) | (2,336) |
| Proceeds from issuance of preferred stock, net of issuance costs | 0 | 2,172 | 349 |
| Other financing, net | 361 | 361 | 392 |
| Net cash provided by financing activities | 59,602 | 134,738 | 70,380 |
| Effect of exchange rate changes on cash and cash equivalents | (11,561) | (5,377) | 4,807 |
| Net increase/(decrease) in cash and cash equivalents | (19,211) | 105,194 | 22,296 |
| Cash and cash equivalents, beginning balance | 261,036 | 155,842 | |
| Cash and cash equivalents, ending balance | 241,825 | 261,036 | 155,842 |
| Supplemental disclosures: | |||
| Cash payments for interest, net of capitalized interest | 19,022 | 5,521 | 9,091 |
| Cash payments for income taxes, net | 4,555 | 6,195 | 2,754 |
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2022 | |
| 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 |