# SYNOPSYS, INC. (SNPS) FY2024 Annual Statement of Cash Flows

- Company: SYNOPSYS, INC. (SNPS)
- Period: 2023-11-01 to 2024-10-31
- Filing: FY2024 10-K, filed 2024-12-19, accession number 0000883241-24-000024
- Page: https://plicit.ai/financials/snps/fy2024-annual-cash-flow
- Chart image: https://plicit.ai/charts/snps-fy2024-annual-cash-flow-sankey.png

## Chart details

Cash flows for Nov 1, 2023 through Oct 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Oct 31, 2023. Ending cash: Oct 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Oct 31, 2023**: 1,441,187,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- **Operating activities**: 1,407,029,000 US dollars. Net cash provided.
- **Net income**: 2,235,810,000 US dollars
- **Amortization and depreciation**: 295,065,000 US dollars
- **Reduction of operating lease right-of-use assets**: 97,273,000 US dollars
- **Amortization of capitalized costs to obtain revenue contracts**: 73,587,000 US dollars
- **Stock-based compensation**: 692,316,000 US dollars
- **Allowance for credit losses**: 19,724,000 US dollars
- **Deferred income taxes**: negative 407,649,000 US dollars
- **Other**: negative 1,295,000 US dollars
- **Accounts receivable**: negative 103,460,000 US dollars
- **Inventories**: negative 51,449,000 US dollars
- **Prepaid and other current assets**: negative 410,432,000 US dollars
- **Other long-term assets**: negative 168,255,000 US dollars
- **Accounts payable and accrued liabilities**: 187,564,000 US dollars
- **Operating lease liabilities**: negative 96,966,000 US dollars
- **Income taxes**: negative 73,215,000 US dollars
- **Deferred revenue**: 8,641,000 US dollars
- **Gain on sale of strategic investments**: negative 55,077,000 US dollars
- **Gain on divestitures, net of transaction costs**: negative 868,830,000 US dollars
- **Amortization of bridge financing costs**: 33,677,000 US dollars
- **Investing activities**: 1,223,013,000 US dollars. Net cash provided.
- **Proceeds from maturities and sales of short-term investments**: 138,961,000 US dollars
- **Purchases of short-term investments**: negative 136,821,000 US dollars
- **Proceeds from sales of strategic investments**: 55,696,000 US dollars
- **Purchases of strategic investments**: negative 1,293,000 US dollars
- **Purchases of property and equipment, net**: negative 123,161,000 US dollars
- **Acquisitions, net of cash acquired**: negative 156,947,000 US dollars
- **Capitalization of software development costs**: 0 US dollars
- **Other**: 0 US dollars
- **Proceeds from business divestiture, net of cash divested**: 1,446,578,000 US dollars
- **Financing activities**: negative 181,297,000 US dollars. Net cash used.
- **Repayment of debt**: negative 2,607,000 US dollars
- **Issuances of common stock**: 232,212,000 US dollars
- **Payments for taxes related to net share settlement of equity awards**: negative 337,541,000 US dollars
- **Purchase of equity forward contract**: 0 US dollars
- **Purchases of treasury stock**: 0 US dollars
- **Other**: negative 1,096,000 US dollars
- **Payment of bridge financing and term loan costs**: negative 72,265,000 US dollars
- **Operating adjustment reconciliation**: 2,236,628,000 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**: 413,509,000 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**: 1,641,235,000 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**: 8,797,000 US dollars
- **Ending cash on Oct 31, 2024**: 3,898,729,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- **Cash sources and uses**: 4,080,026,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 2,457,542,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.63×. 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**: 1,407,029,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 123,161,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 1,283,868,000 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 exceeds operating cash. The diagram allocates $1.41B of net income directly to operating cash and $828.78M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of 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: 1,407,029,000 US dollars minus 123,161,000 US dollars equals 1,283,868,000 US dollars.