Cinemark Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
CNK$41.18+0.7%Stored close · as of Nov 10, 2026
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Consolidated Balance Sheets, December 31, 2022 and 2023
CONSOLIDATED BALANCE SHEETS
| December 31, | December 31, | |
|---|---|---|
| 2022 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $674.5 | $849.1 |
| Inventories | 23.7 | 23.3 |
| Accounts receivable | 69.6 | 80.4 |
| Current income tax receivable | 45.1 | 56.7 |
| Prepaid expenses and other | 50.7 | 50.5 |
| Total current assets | $863.6 | $1,060.0 |
| Theatre properties and equipment, net | 1,232.1 | 1,161.7 |
| Operating lease right-of-use assets, net | 1,102.7 | 986.4 |
| Other long-term assets | ||
| Goodwill | 1,250.9 | 1,251.0 |
| Intangible assets, net | 304.6 | 302.8 |
| Investment in NCMI/NCM | 9.6 | 18.1 |
| Investments in affiliates | 22.6 | 23.6 |
| Deferred charges and other assets, net | 31.6 | 33.2 |
| Total other long-term assets | 1,619.3 | 1,628.7 |
| Total assets | $4,817.7 | $4,836.8 |
| Liabilities and equity | ||
| Current liabilities | ||
| Current portion of long-term debt | $10.7 | $7.8 |
| Current portion of operating lease obligations | 219.3 | 212.5 |
| Current portion of finance lease obligations | 14.4 | 14.0 |
| Current income tax payable | 3.2 | 4.2 |
| Accounts payable | 72.2 | 53.3 |
| Accrued interest | 39.1 | 36.0 |
| Accrued film rentals | 65.1 | 73.8 |
| Accrued payroll | 54.5 | 60.1 |
| Accrued property taxes | 29.6 | 29.4 |
| Accrued other current liabilities (see Note 13) | 200.4 | 239.2 |
| Total current liabilities | 708.5 | 730.3 |
| Long-term liabilities | ||
| Long-term debt, less current portion | 2,474.0 | 2,391.3 |
| Operating lease obligations, less current portion | 970.6 | 853.3 |
| Finance lease obligations, less current portion | 88.0 | 73.8 |
| Long-term deferred tax liability | 33.7 | 51.7 |
| Long-term liability for uncertain tax positions | 47.9 | 48.0 |
| NCM screen advertising advances | 338.2 | 328.4 |
| Other long-term liabilities | 37.3 | 41.2 |
| Total long-term liabilities | 3,989.7 | 3,787.7 |
| Commitments and contingencies (see Note 21) | ||
| Equity | ||
| Cinemark Holdings, Inc.'s stockholders' equity: | ||
| Common stock, $0.001 par value: 300,000,000 shares authorized, 126,082,187 shares issued and 120,403,833 shares outstanding at December 31, 2022 and 127,598,774 shares issued and 121,596,206 shares outstanding at December 31, 2023 | 0.1 | 0.1 |
| Additional paid-in-capital | 1,219.3 | 1,244.3 |
| Treasury stock, 5,678,354 and 6,002,568 shares, at cost, at December 31, 2022 and December 31, 2023, respectively | (95.4) | (98.3) |
| Accumulated deficit | (660.6) | (472.4) |
| Accumulated other comprehensive loss | (353.2) | (363.9) |
| Total Cinemark Holdings, Inc.'s stockholders' equity | 110.2 | 309.8 |
| Noncontrolling interests | 9.3 | 9.0 |
| Total equity | 119.5 | 318.8 |
| Total liabilities and equity | $4,817.7 | $4,836.8 |
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