Music Licensing Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-54.42	46.03	-0.06	-0.21	-0.02
Loss (Gain) From Sale of Investments	-	-	-	0.02	-
Provision & Write-off of Bad Debts	-923.49	993.63	-	-	-
Other Operating Activities	-	-	-0.34	-	-
Change in Accounts Receivable	965.22	-1,052	-	-	-
Change in Accounts Payable	0.07	12.62	-0.11	-0.03	-
Operating Cash Flow	-12.62	0.11	-0.52	-0.22	-0.02
Sale (Purchase) of Intangibles	-0.15	-0.16	-	-	-
Investment in Securities	-	-	-	-0.02	-
Investing Cash Flow	-0.15	-0.16	-	-0.02	-
Short-Term Debt Issued	-	-	-	0.2	-
Long-Term Debt Issued	10.93	-	-	-	-
Total Debt Issued	10.93	-	-	0.2	-
Net Debt Issued (Repaid)	10.93	-	-	0.2	-
Issuance of Common Stock	1.84	0.05	-	0.21	0.03
Repurchase of Common Stock	-	-0.01	-	-	-
Other Financing Activities	-	-	0.34	-	-
Financing Cash Flow	12.77	0.05	0.34	0.41	0.03
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	0	-0	-0.17	0.17	0
Levered Free Cash Flow	8.59	-29.62	-0.17	-0.14	-0.07
Unlevered Free Cash Flow	8.59	-29.62	-0.17	-0.14	-0.07
Change in Working Capital	965.29	-1,040	-0.11	-0.03	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.