# GE Vernova Inc. (GEV) FY2024 Q3 Statement of Cash Flows

- Company: GE Vernova Inc. (GEV)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-23, accession number 0001996810-24-000083
- Page: https://plicit.ai/financials/gev/fy2024-q3-cash-flow
- Chart image: https://plicit.ai/charts/gev-fy2024-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Jun 30, 2024**: 5,779,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,127,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. The filing's tagged operating lines do not add up to the operating total; this is the difference. This quarter is the year to date less the prior quarter's year to date, and the prior quarter's tagged operating lines do not add up to its total. It may combine inflows and outflows.
- **Depreciation and amortization of property, plant, and equipment (Note 6)**: 336,000,000 US dollars
- **All other operating activities**: 528,000,000 US dollars
- **Amortization of intangible assets (Note 8)**: 62,000,000 US dollars
- **Increase (decrease) in accounts payable and equipment project payables**: 876,000,000 US dollars
- **Increase (decrease) in due to related parties**: 18,000,000 US dollars
- **Net income (loss)**: negative 99,000,000 US dollars
- **Cash recovered (paid) during the year for income taxes**: negative 126,000,000 US dollars
- **Increase (decrease) in contract liabilities and current deferred income**: 64,000,000 US dollars
- **Decrease (increase) in due from related parties**: 1,000,000 US dollars
- **Principal pension plans – net (Note 13)**: negative 94,000,000 US dollars
- **Decrease (increase) in current contract assets**: 174,000,000 US dollars
- **Decrease (increase) in current receivables**: negative 655,000,000 US dollars
- **Other postretirement benefit plans – net (Note 13)**: negative 68,000,000 US dollars
- **Decrease (increase) in inventories, including deferred inventory costs**: 137,000,000 US dollars
- **Provision (benefit) for income taxes (Note 15)**: negative 23,000,000 US dollars
- **(Gains) losses on purchases and sales of business interests**: negative 8,000,000 US dollars
- **Remaining operating cash flows, net (calculated)**: 4,000,000 US dollars
- **Investing activities**: negative 114,000,000 US dollars. Net cash used.
- **Purchases of and contributions to equity method investments**: negative 2,000,000 US dollars
- **Additions to property, plant, and equipment and internal-use software**: negative 159,000,000 US dollars
- **Dispositions of property, plant, and equipment**: 3,000,000 US dollars
- **Sales of and distributions from equity method investments**: 1,000,000 US dollars
- **Proceeds from principal business dispositions**: 0 US dollars
- **All other investing activities**: 43,000,000 US dollars
- **Financing activities**: 585,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date, and the prior quarter's tagged financing lines do not add up to its total. It may combine inflows and outflows.
- **Net increase (decrease) in borrowings of maturities of 90 days or less**: 0 US dollars
- **Transfers from (to) Parent**: negative 31,000,000 US dollars
- **All other financing activities**: 615,000,000 US dollars
- **Remaining financing cash flows, net (calculated)**: 1,000,000 US dollars
- **Operating adjustment reconciliation**: 2,200,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **financing displayed reconciliation**: 616,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **investing gross reconciliation**: 161,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 18,000,000 US dollars
- **Ending cash on Sep 30, 2024**: 7,395,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 7,509,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 1,616,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
- **Operating cash flow**: 1,127,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **cash spent on productive assets**: 159,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 968,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$99.00M + net operating adjustments $1.23B = operating cash +$1.13B. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash spent on productive assets equals free cash flow: 1,127,000,000 US dollars minus 159,000,000 US dollars equals 968,000,000 US dollars.