Sinclair Broadcast Group, LLC
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
SBGI$15.11+6.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF CASH FLOWS
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES: | ||
| Net (loss) income | $(168) | $92 |
| Adjustments to reconcile net (loss) income to net cash flows from (used in) operating activities: | ||
| Amortization of definite-lived intangible and other assets | 91 | 98 |
| Depreciation of property and equipment | 75 | 76 |
| Amortization of program costs | 57 | 55 |
| Equity-based compensation | 40 | 42 |
| Deferred tax (benefit) provision | (75) | 24 |
| Loss (gain) on asset dispositions and other, net | 28 | (7) |
| Income from investments | — | (25) |
| Gain on extinguishment of debt | (6) | (1) |
| Debt issuance costs | 68 | — |
| Change in assets and liabilities, net of acquisitions: | ||
| Decrease in accounts receivable | 19 | 2 |
| Decrease in prepaid expenses and other current assets | 22 | 27 |
| Net change in due to/from member | 2 | (2) |
| Increase (decrease) in accounts payable and accrued and other current liabilities | 8 | (394) |
| Net change in net income taxes payable/receivable | (1) | (13) |
| Decrease in program contracts payable | (55) | (61) |
| Other, net | (14) | 1 |
| Net cash flows from (used in) operating activities | 91 | (86) |
| CASH FLOWS USED IN INVESTING ACTIVITIES: | ||
| Acquisition of property and equipment | (54) | (61) |
| Purchases of investments | (1) | (4) |
| Distributions and proceeds from investments | — | 44 |
| Other, net | — | 1 |
| Net cash flows used in investing activities | (55) | (20) |
| CASH FLOWS USED IN FINANCING ACTIVITIES: | ||
| Proceeds from notes payable and commercial bank financing | 1,430 | — |
| Repayments of notes payable, commercial bank financing, and finance leases | (1,420) | (51) |
| Debt issuance costs | (110) | — |
| (Distributions to) contributions from member, net | (97) | 48 |
| Distributions to noncontrolling interests | (8) | (8) |
| Net cash flows used in financing activities | (205) | (11) |
| NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH | (169) | (117) |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period | 291 | 319 |
| CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period | $122 | $202 |
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