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Ares Management LP (ARES)

Ares Management LP (ARES)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2019 09-2019 06-2019 03-2019 12-2018
Cash Flows From Operating Activities
Net Income 372,804 288,329 196,454 121,576 152,139
Depreciation Amortization 39,459 N/A N/A N/A 28,517
Other Working Capital -308,749 -201,539 -175,774 -65,731 331,504
Other Operating Activity -2,186,535 -1,766,874 -1,311,992 -405,691 -1,929,218
Operating Cash Flow $-2,083,021 $-1,680,084 $-1,291,312 $-349,846 $-1,417,058
Cash Flows From Investing Activities
PPE Investments -16,796 -12,073 -5,653 -2,994 -18,419
Investing Cash Flow $-16,796 $-12,073 $-5,653 $-2,994 $-18,419
Cash Flows From Financing Activities
Debt Issued 3,676,837 2,747,341 2,169,087 541,144 3,625,683
Debt Repayment -1,535,710 -1,085,496 -678,955 -121,227 -1,888,738
Common Stock Issued 297,216 289,795 78,794 N/A 106,283
Common Stock Repurchased -10,449 -10,449 -10,449 N/A N/A
Dividend Paid -345,367 -254,576 -163,214 -80,904 -334,346
Other Financing Activity 39,803 64,053 49,862 14,318 -103,587
Financing Cash Flow $2,122,330 $1,750,668 $1,445,125 $353,331 $1,405,295
Exchange Rate Effect 5,624 -16,555 -11,187 9,760 21,500
Beginning Cash Position 110,247 110,247 110,247 110,247 118,929
End Cash Position 138,384 152,203 247,220 120,498 110,247
Net Cash Flow $28,137 $41,956 $136,973 $10,251 $-8,682
Free Cash Flow
Operating Cash Flow -2,083,021 -1,680,084 -1,291,312 -349,846 -1,417,058
Capital Expenditure -16,796 -12,073 -5,653 -2,994 -18,419
Free Cash Flow -2,099,817 -1,692,157 -1,296,965 -352,840 -1,435,477
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