J.G. Wentworth Co Cashflow Statement

Ask AI

Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015	FY2014 12 months to Dec 31, 2014	FY2013 12 months to Dec 31, 2013
Cash flows from operating activities:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Provision for losses
Depreciation
Impairment charges
Changes in mortgage servicing rights, net
Amortization of finance receivables acquisition costs
Amortization of intangibles
Amortization of debt issuance costs
Proceeds from sale of and principal payments on mortgage loans held for sale
Originations and purchases of mortgage loans held for sale
Change in realized and unrealized gains/losses on finance receivables
Change in unrealized gains/losses on long-term debt
Change in unrealized gains/losses on derivatives
Net proceeds from sale of finance receivables
Gain on notes receivable, at fair value
Realized and unrealized gains on sale of mortgage loans held for sale, net of direct costs
Purchases of finance receivables
Collections on finance receivables
Gain on sale of finance receivables
Recoveries of finance receivables
Accretion of interest income
Accretion of interest expense
Gain on extinguishment of debt
Share-based compensation expense
Change in marketable securities
Installment obligations expense (income), net
Decrease in fair value of life settlement contracts
Premiums and other costs paid, and proceeds from sale of life settlement contracts
Deferred income taxes, net
(Increase) decrease in operating assets:
Restricted cash and investments
Other assets
Other receivables
(Decrease) increase in operating liabilities:
Accrued expenses and accounts payable
Accrued expenses
Accrued interest
Other liabilities
TRA obligations

Net cash (used in) provided by operating activities
Cash flows from investing activities:
Purchase of Home Lending, net of cash acquired
Receipts from notes receivable
Purchases of intangible assets
Collections on notes receivable from affiliate
Purchases of premises and equipment, net of sales proceeds
Cash received in connection with the Blocker Merger
Net cash used in investing activities
Cash flows from financing activities:
Capital distributions
Proceeds from Initial Public Offering, net
Payments of equity financing costs
Purchases of treasury stock
Issuance of VIE long-term debt
Payments for debt issuance costs
Payments on capital lease obligations
Repayments of long-term debt and derivatives
Gross proceeds from revolving credit facilities
Repayments of revolving credit facilities
Issuance of installment obligations payable
Purchase of marketable securities
Repayments of installment obligations payable
Proceeds from sale of marketable securities
Repayments under term loan
Net proceeds from term loan
Redemption of share based awards
Non-controlling interest investors’ distribution, net
Net cash provided by financing activities
Net cash (used in) provided by financing activities

Net (decrease) increase in cash
Cash and cash equivalents at beginning of the period
Cash and cash equivalents at the end of the period
Supplemental disclosure of cash flow information:
Reorganization items, net:
TRA obligations
Professional and consulting
Cash paid for interest
Cash paid for income taxes
Supplemental disclosure of noncash items:
Retained mortgage servicing rights in connection with sale of mortgage loans
Mortgage loans subject to repurchase rights from Ginnie Mae
Exchange of LLC Common Interests for shares of Class A common stock
Re-issuance of treasury stock in connection with acquisition
Amount due to sellers in connection with acquisition
Non-cash asset distribution of members’ capital
Issuance of note receivable from sale of finance receivables held for sale
Net deferred tax liability assumed in connection with the Blocker Merger
Capital lease obligation assumed

Comments