INTERACTIVE BROKERS GROUP, INC. (IBKR) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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INTERACTIVE BROKERS GROUP, INC. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $834,000,000.00Payable to customers → Operating adjustments reconciliation: $9,206,000,000.00Securities loaned → Operating adjustments reconciliation: $1,136,000,000.00Other payables → Operating adjustments reconciliation: $787,000,000.00Employee stock plan compensation → Operating adjustments reconciliation: $26,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $17,000,000.00Amortization of right-of-use assets → Operating adjustments reconciliation: $8,000,000.00Customer bad debt expense → Operating adjustments reconciliation: $7,000,000.00Shares distributed to customers under IBKR Promotions → Operating adjustments reconciliation: $6,000,000.00Deferred income taxes → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $2,748,000,000.00Operating adjustments reconciliation → Securities - segregated for regulatory purposes: $2,785,000,000.00Operating adjustments reconciliation → Securities purchased under agreements to resell: $1,965,000,000.00Operating adjustments reconciliation → Securities borrowed: $1,295,000,000.00Operating adjustments reconciliation → Financial instruments owned, at fair value: $1,184,000,000.00Operating adjustments reconciliation → Receivables from customers: $761,000,000.00Operating adjustments reconciliation → Other receivables: $320,000,000.00Operating adjustments reconciliation → Financial instruments sold but not yet purchased, at fair value: $92,000,000.00Operating adjustments reconciliation → Other assets: $31,000,000.00Operating adjustments reconciliation → Unrealized (gains) losses on other investments, net: $13,000,000.00Net cash used in investing activities → investing reconciliation: $35,000,000.00investing reconciliation → Purchases of other investments: $24,000,000.00investing reconciliation → Purchase of property, equipment and intangible assets: $11,000,000.00Net cash used in financing activities → financing reconciliation: $177,000,000.00Short-term borrowings, net → financing reconciliation: $22,000,000.00financing reconciliation → Distributions to noncontrolling interests: $172,000,000.00financing reconciliation → Dividends paid to stockholders: $27,000,000.00Exchange-rate effect → Cash sources and uses: $153,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $35,288,000,000.00Net cash from operating activities → Cash sources and uses: $3,582,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $38,811,000,000.00Cash sources and uses → Net cash used in investing activities: $35,000,000.00Cash sources and uses → Net cash used in financing activities: $177,000,000.00Net income: $834,000,000.00Net income+$834.00 MDeferred income taxes: $1,000,000.00Deferred income taxes+$1.00 MDepreciation and amortization: $17,000,000.00D&A and accretion+$17.00 MEmployee stock plan compensation: $26,000,000.00Stock-based compensation+$26.00 MUnrealized (gains) losses on other investments, net: -$13,000,000.00Unrealized investments, net−$13.00 MAmortization of right-of-use assets: $8,000,000.00Operating lease amortization+$8.00 MCustomer bad debt expense: $7,000,000.00Other non-cash items+$7.00 MShares distributed to customers under IBKR Promotions: $6,000,000.00Customer promotion shares+$6.00 MSecurities - segregated for regulatory purposes: -$2,785,000,000.00Regulatory segregated securities−$2.79 BSecurities borrowed: -$1,295,000,000.00Securities borrowed−$1.30 BSecurities purchased under agreements to resell: -$1,965,000,000.00Securities purchased to resell−$1.97 BFinancial instruments owned, at fair value: -$1,184,000,000.00Trading assets, net−$1.18 BReceivables from customers: -$761,000,000.00Receivables from customers−$761.00 MOther receivables: -$320,000,000.00Other receivables−$320.00 MOther assets: -$31,000,000.00Other operating assets−$31.00 MSecurities loaned: $1,136,000,000.00Securities loaned+$1.14 BFinancial instruments sold but not yet purchased, at fair value: -$92,000,000.00Sold, not yet purchased−$92.00 MPayable to customers: $9,206,000,000.00Payable to customers+$9.21 BOther payables: $787,000,000.00Other payables & accruals+$787.00 MNet cash from operating activities: $3,582,000,000.00Operating cash+$3.58 BOperating adjustments reconciliation: $11,194,000,000.00Short-term borrowings, net: $22,000,000.00Short-term borrowings, net+$22.00 MDividends paid to stockholders: -$27,000,000.00Common dividends paid−$27.00 MDistributions to noncontrolling interests: -$172,000,000.00Noncontrolling dividends−$172.00 MRepurchases of common stock for employee tax withholdings: $0.00Proceeds from sales of treasury stock: $0.00Payments made under the Tax Receivable Agreement: $0.00Net cash used in financing activities: -$177,000,000.00. Cash required to fund net payments.Financing cash−$177.00 Mfinancing reconciliation: $199,000,000.00Purchases of other investments: -$24,000,000.00Other investment purchases−$24.00 MPurchase of property, equipment and intangible assets: -$11,000,000.00Capital spending, net−$11.00 MNet cash used in investing activities: -$35,000,000.00. Cash required to fund net payments.Investing cash−$35.00 Minvesting reconciliation: $35,000,000.00Cash sources and uses: $39,023,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $35,288,000,000.00Beginning cash$35.29 BEnding cash: Cash, cash equivalents, and restricted cash: $38,811,000,000.00Ending cash$38.81 BExchange-rate effect: $153,000,000.00FX effect+$153.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income4.29×Operating cash flow ÷ net incomeNet cash change+$3.52 BEnding cash − beginning cash
Chart details

INTERACTIVE BROKERS GROUP, INC. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

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
35,288,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,582,000,000 US dollars. Net cash provided.
Net income
834,000,000 US dollars
Deferred income taxes
1,000,000 US dollars
Depreciation and amortization
17,000,000 US dollars
Employee stock plan compensation
26,000,000 US dollars
Unrealized (gains) losses on other investments, net
negative 13,000,000 US dollars
Amortization of right-of-use assets
8,000,000 US dollars
Customer bad debt expense
7,000,000 US dollars
Shares distributed to customers under IBKR Promotions
6,000,000 US dollars
Securities - segregated for regulatory purposes
negative 2,785,000,000 US dollars
Securities borrowed
negative 1,295,000,000 US dollars
Securities purchased under agreements to resell
negative 1,965,000,000 US dollars
Financial instruments owned, at fair value
negative 1,184,000,000 US dollars
Receivables from customers
negative 761,000,000 US dollars
Other receivables
negative 320,000,000 US dollars
Other assets
negative 31,000,000 US dollars
Securities loaned
1,136,000,000 US dollars
Financial instruments sold but not yet purchased, at fair value
negative 92,000,000 US dollars
Payable to customers
9,206,000,000 US dollars
Other payables
787,000,000 US dollars
Investing activities
negative 35,000,000 US dollars. Net cash used.
Purchases of other investments
negative 24,000,000 US dollars
Purchase of property, equipment and intangible assets
negative 11,000,000 US dollars
Financing activities
negative 177,000,000 US dollars. Net cash used.
Short-term borrowings, net
22,000,000 US dollars
Dividends paid to stockholders
negative 27,000,000 US dollars
Distributions to noncontrolling interests
negative 172,000,000 US dollars
Repurchases of common stock for employee tax withholdings
0 US dollars
Proceeds from sales of treasury stock
0 US dollars
Payments made under the Tax Receivable Agreement
0 US dollars
Operating adjustment reconciliation
11,194,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
199,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
35,000,000 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
153,000,000 US dollars
Ending cash on Sep 30, 2024
38,811,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
39,023,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
3,523,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
4.29×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

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 income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $2.75B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • 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.
INTERACTIVE BROKERS GROUP, INC. (IBKR) FY2024 Q3 Statement of Cash Flows Sankey chart
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