Biglari Holdings Inc. (BH)

Biglari Holdings Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	12.64	54.95	-32.02	35.48	-37.99	45.38
Depreciation & Amortization	39.09	38.98	36.44	30.05	32.22	29.58
Other Operating Activities	20.47	-20.93	123.4	163.24	123.32	18.73
Operating Cash Flow	72.2	73	127.83	228.77	117.56	93.68
Operating Cash Flow Growth	-42.99%	-42.89%	-44.12%	94.60%	25.48%	353.06%
Capital Expenditures	1.34	1.22	-24.43	-54.45	-16.29	-13.1
Acquisitions	-46.31	-45.03	-106.84	-12.3	-106.32	-91.06
Change in Investments	-19.62	-22.27	-5.33	8.22	-6.88	34.18
Investing Cash Flow	-64.59	-66.08	-136.61	-58.53	-129.49	-69.98
Debt Issued / Paid	-12.49	-16.13	3.86	-156.16	-29.11	-8.01
Financing Cash Flow	-12.49	-16.13	3.86	-156.16	-29.11	-8.01
Exchange Rate Effect	0.04	0.06	0.04	-0.06	0.01	-0.01
Net Cash Flow	-4.83	-9.15	-4.88	14.02	-41.03	15.69
Free Cash Flow	73.54	74.22	103.4	174.32	101.27	80.58
Free Cash Flow Growth	-31.67%	-28.21%	-40.69%	72.13%	25.67%	910.42%
Free Cash Flow Margin	20.17%	20.32%	28.08%	47.61%	23.35%	12.05%
Free Cash Flow Per Share	32.32	32.62	45.44	76.61	44.50	35.41

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).