2022 Q4 Form 10-K Financial Statement

#000116669123000010 Filed on February 03, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022
Revenue $30.55B $121.4B
YoY Change 0.71% 4.33%
Cost Of Revenue $9.807B $38.21B
YoY Change -0.74% -0.62%
Gross Profit $20.75B $83.21B
YoY Change 1.41% 6.77%
Gross Profit Margin 67.9% 68.53%
Selling, General & Admin $12.74B $46.77B
YoY Change 5.79% 8.19%
% of Gross Profit 61.43% 56.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.472B $13.82B
YoY Change -3.07% 0.12%
% of Gross Profit 16.74% 16.61%
Operating Expenses $16.22B $60.59B
YoY Change 3.76% 6.24%
Operating Profit $4.530B $22.62B
YoY Change -6.19% 8.68%
Interest Expense -$1.101B -$4.753B
YoY Change 9.88% -211.03%
% of Operating Profit -24.3% -21.01%
Other Income/Expense, Net $241.0M -$4.000M
YoY Change 265.15% -100.16%
Pretax Income $3.670B $9.284B
YoY Change -5.53% -51.37%
Income Tax $797.0M $4.359B
% Of Pretax Income 21.72% 46.95%
Net Earnings $3.024B $5.370B
YoY Change -1.05% -62.07%
Net Earnings / Revenue 9.9% 4.42%
Basic Earnings Per Share $1.22
Diluted Earnings Per Share $704.9K $1.212M
COMMON SHARES
Basic Shares Outstanding 4.406B shares
Diluted Shares Outstanding 4.430B shares

Balance Sheet

Concept 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.749B $4.749B
YoY Change -45.48% -45.48%
Cash & Equivalents $4.749B $4.749B
Short-Term Investments
Other Short-Term Assets $4.405B $4.405B
YoY Change 7.75% 7.75%
Inventory
Prepaid Expenses
Receivables $12.67B $12.67B
Other Receivables $0.00 $0.00
Total Short-Term Assets $21.83B $21.83B
YoY Change -12.02% -12.02%
LONG-TERM ASSETS
Property, Plant & Equipment $55.49B $55.49B
YoY Change 2.66% -8.31%
Goodwill $58.50B
YoY Change -16.65%
Intangibles
YoY Change
Long-Term Investments $7.740B $7.740B
YoY Change 26.66% -10.9%
Other Assets $12.50B $12.50B
YoY Change 0.59% 188.95%
Total Long-Term Assets $235.4B $235.4B
YoY Change -6.23% -6.23%
TOTAL ASSETS
Total Short-Term Assets $21.83B $21.83B
Total Long-Term Assets $235.4B $235.4B
Total Assets $257.3B $257.3B
YoY Change -6.75% -6.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.54B $12.54B
YoY Change 0.71% 0.71%
Accrued Expenses $11.22B $11.22B
YoY Change 13.34% -4.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.743B $1.743B
YoY Change -18.25% -18.25%
Total Short-Term Liabilities $27.89B $27.89B
YoY Change -4.98% -4.98%
LONG-TERM LIABILITIES
Long-Term Debt $98.24B $98.24B
YoY Change 0.36% 0.36%
Other Long-Term Liabilities $20.40B $20.40B
YoY Change -1.09% -1.08%
Total Long-Term Liabilities $118.6B $118.6B
YoY Change 475.34% 0.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.89B $27.89B
Total Long-Term Liabilities $118.6B $118.6B
Total Liabilities $176.3B $176.3B
YoY Change 252.89% -1.94%
SHAREHOLDERS EQUITY
Retained Earnings $51.61B
YoY Change -16.63%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.517B
YoY Change 0.0%
Treasury Stock Shares 872.8M shares
Shareholders Equity $80.94B $80.94B
YoY Change
Total Liabilities & Shareholders Equity $257.3B $257.3B
YoY Change -6.75% -6.75%

Cashflow Statement

Concept 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $3.024B $5.370B
YoY Change -1.05% -62.07%
Depreciation, Depletion And Amortization $3.472B $13.82B
YoY Change -3.07% 0.12%
Cash From Operating Activities $5.883B $26.41B
YoY Change -23.49% -9.38%
INVESTING ACTIVITIES
Capital Expenditures -$4.553B -$13.77B
YoY Change 16.59% -250.07%
Acquisitions $12.00M
YoY Change -99.13%
Other Investing Activities $571.0M -$373.0M
YoY Change -150.31% -17.29%
Cash From Investing Activities -$3.982B -$14.14B
YoY Change -20.99% 5.16%
FINANCING ACTIVITIES
Cash Dividend Paid $4.741B
YoY Change 4.61%
Common Stock Issuance & Retirement, Net -$3.515B -$13.33B
YoY Change -385.27%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.885B -16.18B
YoY Change -49.14% -13.07%
NET CHANGE
Cash From Operating Activities 5.883B 26.41B
Cash From Investing Activities -3.982B -14.14B
Cash From Financing Activities -2.885B -16.18B
Net Change In Cash -984.0M -3.911B
YoY Change -67.45% 30.85%
FREE CASH FLOW
Cash From Operating Activities $5.883B $26.41B
Capital Expenditures -$4.553B -$13.77B
Free Cash Flow $10.44B $40.18B
YoY Change -9.99% 101.18%

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<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our consolidated financial statements are prepared in accordance with GAAP, which require us to select accounting policies, including in certain cases industry-specific policies, and make estimates that affect the reported amount of assets, liabilities, revenue and expenses, and the related disclosure of contingent assets and contingent liabilities. Actual results could differ from these estimates. The following accounting policies are specific to the industries in which we operate:</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">capitalization and amortization of film and television costs (see Note 4)</span></div><div style="margin-bottom:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">costs for connecting customers to our cable systems (see Note 9)</span></div>
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cmcsa-20221231_cal.xml Edgar Link unprocessable
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