# MercadoLibre, Inc. (MELI) FY2024 YTD Q3 Statement of Cash Flows

- Company: MercadoLibre, Inc. (MELI)
- Period: 2024-01-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-11-07, accession number 0001099590-24-000042
- Page: https://plicit.ai/financials/meli/fy2024-ytd-q3-cash-flow
- Chart image: https://plicit.ai/charts/meli-fy2024-ytd-q3-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. 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 Dec 31, 2023**: 3,848,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 4,994,000,000 US dollars. Net cash provided.
- **Net income**: 1,272,000,000 US dollars
- **Deferred income taxes**: negative 167,000,000 US dollars
- **Accrued interest and financial income**: negative 287,000,000 US dollars
- **Equity in earnings of unconsolidated entity**: 0 US dollars
- **Credit card receivables and other means of payments**: negative 1,421,000,000 US dollars
- **Amounts payable due to credit and debit card transactions**: 761,000,000 US dollars
- **Results on digital assets at fair value**: negative 10,000,000 US dollars
- **Other liabilities**: 71,000,000 US dollars
- **Funds payable to customers**: 1,880,000,000 US dollars
- **Non cash interest expense and amortization of debt issuance costs and other charges**: 78,000,000 US dollars
- **Long term retention program (“LTRP”) accrued compensation**: 210,000,000 US dollars
- **Depreciation and amortization**: 465,000,000 US dollars
- **Provision for doubtful accounts**: 1,331,000,000 US dollars
- **Unrealized foreign currency losses, net**: 176,000,000 US dollars
- **Interest received from investments**: 170,000,000 US dollars
- **Accounts receivable**: negative 94,000,000 US dollars
- **Other assets**: negative 270,000,000 US dollars
- **Results on derivative instruments**: negative 18,000,000 US dollars
- **Inventories**: negative 110,000,000 US dollars
- **Payables and accrued expenses**: 957,000,000 US dollars
- **Investing activities**: negative 6,159,000,000 US dollars. Net cash used.
- **Changes in loans receivable, net**: negative 3,316,000,000 US dollars
- **Purchases of intangibles assets**: negative 4,000,000 US dollars
- **Purchases of investments**: negative 12,383,000,000 US dollars
- **Payments from settlements of derivative instruments**: negative 12,000,000 US dollars
- **Proceeds from sale and maturity of investments**: 10,089,000,000 US dollars
- **Investments of property and equipment**: negative 551,000,000 US dollars
- **Receipts from settlements of derivative instruments**: 18,000,000 US dollars
- **Financing activities**: 1,202,000,000 US dollars. Net cash provided.
- **Common Stock repurchased**: negative 1,000,000 US dollars
- **Payments of finance lease liabilities**: negative 38,000,000 US dollars
- **Proceeds from loans payable and other financial liabilities**: 12,575,000,000 US dollars
- **Payments on loans payable and other financing liabilities**: negative 11,334,000,000 US dollars
- **Operating adjustment reconciliation**: 6,099,000,000 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**: 12,575,000,000 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**: 16,266,000,000 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 407,000,000 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**: 10,044,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 370,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 3.93×. 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**: 4,994,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 551,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 4,443,000,000 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 $3.72B 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: 4,994,000,000 US dollars minus 551,000,000 US dollars equals 4,443,000,000 US dollars.