Playtika Holding Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
PLTK$2.73+5.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
| Year ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities | |||
| Net income | $162.2 | $235.0 | $275.3 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation | 46.5 | 45.7 | 45.9 |
| Amortization of intangible assets | 119.2 | 112.3 | 116.1 |
| Impairment charges | 68.9 | 51.3 | — |
| Stock-based compensation | 99.2 | 110.0 | 123.5 |
| Change in deferred taxes, net | (46.5) | (46.6) | (46.0) |
| Amortization of loan discount | 7.5 | 7.0 | 7.4 |
| Change in contingent consideration | (9.8) | 1.4 | (13.1) |
| Loss (gain) from foreign currency | 1.1 | (2.8) | 8.8 |
| Non-cash lease expenses (benefit), net | (1.4) | 3.5 | (6.2) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 10.1 | (25.6) | 1.0 |
| Prepaid expenses and other current and non-current assets | 10.3 | (35.0) | (142.0) |
| Accounts payable | (21.3) | (9.3) | 5.7 |
| Accrued expenses and other current and non-current liabilities | 44.1 | 68.7 | 117.3 |
| Net cash provided by operating activities | 490.1 | 515.6 | 493.7 |
| Cash flows from investing activities | |||
| Purchase of property and equipment | (40.9) | (32.6) | (68.3) |
| Capitalization of internal use software costs | (31.6) | (37.4) | (30.1) |
| Purchase of software for internal use | (20.8) | (9.2) | (11.6) |
| Payments for business combination, net of cash acquired | (686.9) | (159.6) | (29.9) |
| Proceeds from short-term investments | 256.5 | — | 100.1 |
| Purchase of short-term investments | (256.5) | — | — |
| Investments in unconsolidated entities | (2.6) | (1.8) | (34.8) |
| Other investing activities | 0.7 | 0.4 | — |
| Net cash used in investing activities | (782.1) | (240.2) | (74.6) |
| Cash flows from financing activities | |||
| Dividends paid | (111.5) | — | — |
| Repayments on bank borrowings | (23.8) | (14.3) | (19.0) |
| Payment of tax withholdings on stock-based payments | (2.6) | (3.9) | (2.6) |
| Payment for share buyback | (0.8) | — | — |
| Payment for tender offer | — | — | (603.5) |
| Net cash out flow for business acquisitions and other | (28.4) | — | (26.9) |
| Net cash used in financing activities | (167.1) | (18.2) | (652.0) |
| Effect of exchange rate changes on cash and cash equivalents | (4.9) | 4.1 | (15.7) |
| Net change in cash, cash equivalents and restricted cash | (464.0) | 261.3 | (248.6) |
| Cash, cash equivalents and restricted cash at the beginning of the period | 1,031.7 | 770.4 | 1,019.0 |
| Cash, cash equivalents and restricted cash at the end of the period | $567.7 | $1,031.7 | $770.4 |
| Year ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Supplemental cash flow disclosures | |||
| Cash paid for income taxes | $92.6 | $169.8 | $160.7 |
| Cash paid for interest | $146.6 | $146.0 | $107.5 |
| Cash received for interest | $52.5 | $38.3 | $13.5 |
| Non-cash financing and investing activities | |||
| Contingent consideration related to business acquisition | $350.0 | $65.4 | $11.4 |
| Accrued dividend | $37.3 | $— | $— |
| Accrued purchases of property and equipment and intangible assets | $11.0 | $17.0 | $— |
| Right-of-use assets acquired under operating leases | $8.8 | $14.6 | $44.9 |
| Capitalization of stock-based compensation costs | $2.0 | $3.0 | $2.0 |
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