MercadoLibre, Inc. (MELI) 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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MercadoLibre, 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. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $397,000,000.00Provision for doubtful accounts → Operating adjustments reconciliation: $507,000,000.00Payables and accrued expenses → Operating adjustments reconciliation: $473,000,000.00Funds payable to customers → Operating adjustments reconciliation: $414,000,000.00Amounts payable due to credit and debit card transactions → Operating adjustments reconciliation: $181,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $157,000,000.00Long term retention program (“LTRP”) accrued compensation → Operating adjustments reconciliation: $83,000,000.00Unrealized foreign currency losses, net → Operating adjustments reconciliation: $53,000,000.00Interest received from investments → Operating adjustments reconciliation: $32,000,000.00Deferred income taxes → Operating adjustments reconciliation: $24,000,000.00Other liabilities → Operating adjustments reconciliation: $12,000,000.00Results on digital assets at fair value → Operating adjustments reconciliation: $2,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,203,000,000.00Operating adjustments reconciliation → Credit card receivables and other means of payments: $456,000,000.00Operating adjustments reconciliation → Accrued interest and financial income: $114,000,000.00Operating adjustments reconciliation → Other assets: $65,000,000.00Operating adjustments reconciliation → Inventories: $65,000,000.00Operating adjustments reconciliation → Accounts receivable: $31,000,000.00Operating adjustments reconciliation → Non cash interest expense and amortization of debt issuance costs and other charges: $4,000,000.00Proceeds from loans payable and other financial liabilities → financing reconciliation: $5,252,000,000.00financing reconciliation → Net cash from financing activities: $726,000,000.00financing reconciliation → Payments on loans payable and other financing liabilities: $4,514,000,000.00financing reconciliation → Payments of finance lease liabilities: $12,000,000.00Net cash used in investing activities → investing reconciliation: $2,608,000,000.00Proceeds from sale and maturity of investments → investing reconciliation: $2,595,000,000.00Receipts from settlements of derivative instruments → investing reconciliation: $18,000,000.00investing reconciliation → Purchases of investments: $3,665,000,000.00investing reconciliation → Changes in loans receivable, net: $1,326,000,000.00investing reconciliation → Investments of property and equipment: $222,000,000.00investing reconciliation → Payments from settlements of derivative instruments: $7,000,000.00investing reconciliation → Purchases of intangibles assets: $1,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $3,823,000,000.00Net cash from operating activities → Cash sources and uses: $1,600,000,000.00Net cash from financing activities → Cash sources and uses: $726,000,000.00Cash sources and uses → Exchange-rate effect: $63,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $3,478,000,000.00Cash sources and uses → Net cash used in investing activities: $2,608,000,000.00Deferred income taxes: $24,000,000.00Deferred taxes & credits+$24.00 MAccrued interest and financial income: -$114,000,000.00Accrued interest and financial income−$114.00 MEquity in earnings of unconsolidated entity: $0.00Credit card receivables and other means of payments: -$456,000,000.00Credit card receivables and other means of payments−$456.00 MAmounts payable due to credit and debit card transactions: $181,000,000.00Card transaction payables+$181.00 MResults on digital assets at fair value: $2,000,000.00Digital asset fair value+$2.00 MOther liabilities: $12,000,000.00Other operating liabilities+$12.00 MFunds payable to customers: $414,000,000.00Funds payable to customers+$414.00 MNon cash interest expense and amortization of debt issuance costs and other charges: -$4,000,000.00Non-cash interest & debt costs−$4.00 MNet income: $397,000,000.00Net income+$397.00 MLong term retention program (“LTRP”) accrued compensation: $83,000,000.00Stock-based compensation+$83.00 MDepreciation and amortization: $157,000,000.00Depreciation & amortization+$157.00 MProvision for doubtful accounts: $507,000,000.00Credit loss provision+$507.00 MUnrealized foreign currency losses, net: $53,000,000.00Unrealized foreign currency losses, net+$53.00 MInterest received from investments: $32,000,000.00Investment income received+$32.00 MAccounts receivable: -$31,000,000.00Accounts receivable−$31.00 MOther assets: -$65,000,000.00Other operating assets−$65.00 MResults on derivative instruments: $0.00Inventories: -$65,000,000.00Inventories−$65.00 MPayables and accrued expenses: $473,000,000.00Payables & accrued liabilities+$473.00 MNet cash from operating activities: $1,600,000,000.00Operating cash+$1.60 BOperating adjustments reconciliation: $1,938,000,000.00Common Stock repurchased: $0.00Payments of finance lease liabilities: -$12,000,000.00Finance lease payments−$12.00 MProceeds from loans payable and other financial liabilities: $5,252,000,000.00Other long-term debt issued+$5.25 BPayments on loans payable and other financing liabilities: -$4,514,000,000.00Other long-term debt repaid−$4.51 BNet cash from financing activities: $726,000,000.00Financing cash+$726.00 Mfinancing reconciliation: $5,252,000,000.00Changes in loans receivable, net: -$1,326,000,000.00Changes in loans receivable, net−$1.33 BPurchases of intangibles assets: -$1,000,000.00Intangible asset purchases−$1.00 MPurchases of investments: -$3,665,000,000.00Investment purchases−$3.67 BPayments from settlements of derivative instruments: -$7,000,000.00Investing derivative payments−$7.00 MProceeds from sale and maturity of investments: $2,595,000,000.00Investment sales & maturities+$2.60 BInvestments of property and equipment: -$222,000,000.00PP&E purchases−$222.00 MReceipts from settlements of derivative instruments: $18,000,000.00Investing derivative proceeds+$18.00 MNet cash used in investing activities: -$2,608,000,000.00. Cash required to fund net payments.Investing cash−$2.61 Binvesting reconciliation: $5,221,000,000.00Cash sources and uses: $6,149,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $3,823,000,000.00Beginning cash$3.82 BEnding cash: Cash, cash equivalents, and restricted cash: $3,478,000,000.00Ending cash$3.48 BExchange-rate effect: -$63,000,000.00FX effect−$63.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$1.38 BOperating cash − cash spent on PP&ECash flow / Net income4.03×Operating cash flow ÷ net incomeNet cash change−$345.00 MEnding cash − beginning cash
Chart details

MercadoLibre, 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
3,823,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,600,000,000 US dollars. Net cash provided.
Net income
397,000,000 US dollars
Deferred income taxes
24,000,000 US dollars
Accrued interest and financial income
negative 114,000,000 US dollars
Equity in earnings of unconsolidated entity
0 US dollars
Credit card receivables and other means of payments
negative 456,000,000 US dollars
Amounts payable due to credit and debit card transactions
181,000,000 US dollars
Results on digital assets at fair value
2,000,000 US dollars
Other liabilities
12,000,000 US dollars
Funds payable to customers
414,000,000 US dollars
Non cash interest expense and amortization of debt issuance costs and other charges
negative 4,000,000 US dollars
Long term retention program (“LTRP”) accrued compensation
83,000,000 US dollars
Depreciation and amortization
157,000,000 US dollars
Provision for doubtful accounts
507,000,000 US dollars
Unrealized foreign currency losses, net
53,000,000 US dollars
Interest received from investments
32,000,000 US dollars
Accounts receivable
negative 31,000,000 US dollars
Other assets
negative 65,000,000 US dollars
Results on derivative instruments
0 US dollars
Inventories
negative 65,000,000 US dollars
Payables and accrued expenses
473,000,000 US dollars
Investing activities
negative 2,608,000,000 US dollars. Net cash used.
Changes in loans receivable, net
negative 1,326,000,000 US dollars
Purchases of intangibles assets
negative 1,000,000 US dollars
Purchases of investments
negative 3,665,000,000 US dollars
Payments from settlements of derivative instruments
negative 7,000,000 US dollars
Proceeds from sale and maturity of investments
2,595,000,000 US dollars
Investments of property and equipment
negative 222,000,000 US dollars
Receipts from settlements of derivative instruments
18,000,000 US dollars
Financing activities
726,000,000 US dollars. Net cash provided.
Common Stock repurchased
0 US dollars
Payments of finance lease liabilities
negative 12,000,000 US dollars
Proceeds from loans payable and other financial liabilities
5,252,000,000 US dollars
Payments on loans payable and other financing liabilities
negative 4,514,000,000 US dollars
Operating adjustment reconciliation
1,938,000,000 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
5,252,000,000 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
5,221,000,000 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
negative 63,000,000 US dollars
Ending cash on Sep 30, 2024
3,478,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
6,149,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 345,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
4.03×. 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.
Operating cash flow
1,600,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
222,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,378,000,000 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 income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.20B 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.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,600,000,000 US dollars minus 222,000,000 US dollars equals 1,378,000,000 US dollars.
MercadoLibre, Inc. (MELI) FY2024 Q3 Statement of Cash Flows Sankey chart
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