UBER TECHNOLOGIES, INC. (UBER) FY2024 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-03-31

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UBER TECHNOLOGIES, INC. cash flow reconciliation, Jan 1, 2024 through Mar 31, 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.Unrealized (gain) loss on debt and equity securities, net → operating reconciliation: $721,000,000.00Accrued insurance reserves → operating reconciliation: $693,000,000.00Accrued expenses and other liabilities → operating reconciliation: $590,000,000.00Stock-based compensation → operating reconciliation: $484,000,000.00Depreciation and amortization → operating reconciliation: $194,000,000.00Unrealized foreign currency transactions → operating reconciliation: $150,000,000.00Accounts payable → operating reconciliation: $46,000,000.00Operating lease right-of-use assets → operating reconciliation: $46,000,000.00Bad debt expense → operating reconciliation: $26,000,000.00Loss (income) from equity method investments, net → operating reconciliation: $4,000,000.00operating reconciliation → Net cash from operating activities: $1,416,000,000.00operating reconciliation → Net loss including non-controlling interests: $663,000,000.00operating reconciliation → Accounts receivable: $422,000,000.00operating reconciliation → Prepaid expenses and other assets: $322,000,000.00operating reconciliation → Other: $59,000,000.00operating reconciliation → Operating lease liabilities: $56,000,000.00operating reconciliation → Deferred income taxes: $16,000,000.00Proceeds from maturities and sales of marketable securities → investing reconciliation: $2,030,000,000.00Proceeds from sale of equity method investment → investing reconciliation: $9,000,000.00investing reconciliation → Purchases of marketable securities: $2,029,000,000.00investing reconciliation → Purchases of non-marketable equity securities: $174,000,000.00investing reconciliation → Purchases of property and equipment: $57,000,000.00investing reconciliation → Other investing activities: $21,000,000.00Net cash used in financing activities → financing reconciliation: $100,000,000.00financing reconciliation → Other financing activities: $52,000,000.00financing reconciliation → Principal payments on finance leases: $42,000,000.00financing reconciliation → Principal repayment on term loan and notes: $6,000,000.00Net cash used in investing activities → investing reconciliation: $242,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $7,004,000,000.00Net cash from operating activities → Cash sources and uses: $1,416,000,000.00Cash sources and uses → Exchange-rate effect: $94,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $7,984,000,000.00Cash sources and uses → Net cash used in investing activities: $242,000,000.00Cash sources and uses → Net cash used in financing activities: $100,000,000.00Deferred income taxes: -$16,000,000.00Deferred income taxes−$16.00 MAccrued expenses and other liabilities: $590,000,000.00Accrued & other liabilities+$590.00 MOperating lease liabilities: -$56,000,000.00Operating lease liabilities−$56.00 MUnrealized foreign currency transactions: $150,000,000.00Unrealized FX gain & loss+$150.00 MDepreciation and amortization: $194,000,000.00Depreciation & amortization+$194.00 MAccounts payable: $46,000,000.00Accounts payable+$46.00 MOther: -$59,000,000.00Other non-cash items−$59.00 MNet loss including non-controlling interests: -$663,000,000.00Net loss including non-controlling interests−$663.00 MPrepaid expenses and other assets: -$322,000,000.00Prepaid & other assets−$322.00 MOperating lease right-of-use assets: $46,000,000.00Operating lease right-of-use+$46.00 MUnrealized (gain) loss on debt and equity securities, net: $721,000,000.00Unrealized securities gain/loss+$721.00 MLoss (income) from equity method investments, net: $4,000,000.00Equity-method results+$4.00 MStock-based compensation: $484,000,000.00Stock-based compensation+$484.00 MImpairments of goodwill, long-lived assets and other assets: $0.00Bad debt expense: $26,000,000.00Credit loss provision+$26.00 MAccounts receivable: -$422,000,000.00Accounts receivable−$422.00 MAccrued insurance reserves: $693,000,000.00Accrued insurance reserves+$693.00 MNet cash from operating activities: $1,416,000,000.00Operating cash+$1.42 Boperating reconciliation: $2,954,000,000.00Issuance of term loans and notes, net of issuance costs: $0.00Principal payments on finance leases: -$42,000,000.00Finance lease payments−$42.00 MPrincipal repayment on term loan and notes: -$6,000,000.00Long-term debt repaid−$6.00 MOther financing activities: -$52,000,000.00Other financing, net−$52.00 MNet cash used in financing activities: -$100,000,000.00. Cash required to fund net payments.Financing cash−$100.00 Mfinancing reconciliation: $100,000,000.00Purchases of non-marketable equity securities: -$174,000,000.00Non-marketable equity purchases−$174.00 MProceeds from maturities and sales of marketable securities: $2,030,000,000.00Marketable securities proceeds+$2.03 BPurchases of marketable securities: -$2,029,000,000.00Marketable securities purchases−$2.03 BPurchases of property and equipment: -$57,000,000.00PP&E purchases−$57.00 MProceeds from sale of equity method investment: $9,000,000.00Equity-method investment sales+$9.00 MOther investing activities: -$21,000,000.00Other investing, net−$21.00 MNet cash used in investing activities: -$242,000,000.00. Cash required to fund net payments.Investing cash−$242.00 Minvesting reconciliation: $2,281,000,000.00Cash sources and uses: $8,420,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $7,004,000,000.00Beginning cash$7.00 BEnding cash: Cash, cash equivalents, and restricted cash: $7,984,000,000.00Ending cash$7.98 BExchange-rate effect: -$94,000,000.00FX effect−$94.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$663.00M + net operating adjustments $2.08B = operating cash +$1.42BFree cash flow$1.36 BOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$980.00 MEnding cash − beginning cash
Chart details

UBER TECHNOLOGIES, INC. cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024

Cash flows for Jan 1, 2024 through Mar 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Mar 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
7,004,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,416,000,000 US dollars. Net cash provided.
Deferred income taxes
negative 16,000,000 US dollars
Accrued expenses and other liabilities
590,000,000 US dollars
Operating lease liabilities
negative 56,000,000 US dollars
Unrealized foreign currency transactions
150,000,000 US dollars
Depreciation and amortization
194,000,000 US dollars
Accounts payable
46,000,000 US dollars
Other
negative 59,000,000 US dollars
Net loss including non-controlling interests
negative 663,000,000 US dollars
Prepaid expenses and other assets
negative 322,000,000 US dollars
Operating lease right-of-use assets
46,000,000 US dollars
Unrealized (gain) loss on debt and equity securities, net
721,000,000 US dollars
Loss (income) from equity method investments, net
4,000,000 US dollars
Stock-based compensation
484,000,000 US dollars
Impairments of goodwill, long-lived assets and other assets
0 US dollars
Bad debt expense
26,000,000 US dollars
Accounts receivable
negative 422,000,000 US dollars
Accrued insurance reserves
693,000,000 US dollars
Investing activities
negative 242,000,000 US dollars. Net cash used.
Purchases of non-marketable equity securities
negative 174,000,000 US dollars
Proceeds from maturities and sales of marketable securities
2,030,000,000 US dollars
Purchases of marketable securities
negative 2,029,000,000 US dollars
Purchases of property and equipment
negative 57,000,000 US dollars
Proceeds from sale of equity method investment
9,000,000 US dollars
Other investing activities
negative 21,000,000 US dollars
Financing activities
negative 100,000,000 US dollars. Net cash used.
Issuance of term loans and notes, net of issuance costs
0 US dollars
Principal payments on finance leases
negative 42,000,000 US dollars
Principal repayment on term loan and notes
negative 6,000,000 US dollars
Other financing activities
negative 52,000,000 US dollars
Operating adjustment reconciliation
2,954,000,000 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
100,000,000 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
2,281,000,000 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 94,000,000 US dollars
Ending cash on Mar 31, 2024
7,984,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
8,420,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
980,000,000 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
1,416,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
57,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,359,000,000 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 −$663.00M + net operating adjustments $2.08B = operating cash +$1.42B. 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 purchases of property, plant and equipment equals free cash flow: 1,416,000,000 US dollars minus 57,000,000 US dollars equals 1,359,000,000 US dollars.
UBER TECHNOLOGIES, INC. (UBER) FY2024 Q1 Statement of Cash Flows Sankey chart
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