The Goldman Sachs Group, Inc. (GS)

The Goldman Sachs Group 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	9,414	7,907	10,764	21,151	8,915	7,897
Depreciation & Amortization	4,513	4,856	2,455	2,015	1,902	1,704
Share-Based Compensation	2,388	2,085	4,083	2,348	1,920	2,018
Other Operating Activities	-66,344	-28,044	-9,091	-19,700	-31,816	11,680
Operating Cash Flow	-50,029	-12,587	8,708	6,298	-18,535	23,868
Operating Cash Flow Growth	-	-	38.27%	-	-	44.10%
Capital Expenditures	1,044	962	-1,042	-734	-3,339	-1,811
Acquisitions	4,109	487	-2,115	0	-231	-803
Change in Investments	-28,467	-18,761	-72,803	-29,731	-30,786	-21,622
Investing Cash Flow	-23,314	-17,312	-75,960	-30,465	-34,356	-24,236
Dividends Paid	-4,299	-4,189	-3,682	-2,725	-2,336	-2,104
Share Issuance / Repurchase	-4,750	-5,796	-3,500	-5,200	-1,928	-5,335
Debt Issued / Paid	-884	-4,713	38,147	39,131	6,703	-24,008
Other Financing Activities	65,448	42,498	28,637	103,532	67,941	34,814
Financing Cash Flow	55,515	27,800	59,602	134,738	70,380	3,367
Exchange Rate Effect	-2,114	1,851	-11,561	-5,377	4,807	0
Net Cash Flow	-19,942	-248	-19,211	105,194	22,296	2,999
Free Cash Flow	-48,985	-11,625	7,666	5,564	-21,874	22,057
Free Cash Flow Growth	-	-	37.78%	-	-	79.43%
Free Cash Flow Margin	-101.54%	-25.13%	16.18%	9.38%	-49.09%	60.35%
Free Cash Flow Per Share	-145.96	-34.11	21.77	15.87	-61.38	59.36

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).