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Sotheby's Holdings (BID)

Sotheby's Holdings (BID)
[[ 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)
  12-2003 12-2002 12-2001 12-2000 12-1999
Cash Flows From Operating Activities
Net Income -20,656 -54,755 -44,948 -189,694 32,850
Depreciation Amortization 29,446 24,444 23,357 23,891 17,450
Income taxes - deferred -11,322 -9,159 -39,824 -43,576 N/A
Accounts receivable 51,080 -33,631 87,864 178,500 N/A
Other Working Capital -49,778 20,938 -84,429 253,495 -58,410
Other Operating Activity -47,218 35,100 36,938 -265,649 5,230
Operating Cash Flow $-48,448 $-17,063 $-21,042 $-43,033 $-2,880
Cash Flows From Investing Activities
PPE Investments -8,845 -14,642 -27,611 -47,635 -120,690
Net Acquisitions N/A 2,566 N/A N/A -750
Sale Of Investment N/A N/A 2,297 -496 N/A
Other Investing Activity 153,146 570 79,995 -15,323 -35,170
Investing Cash Flow $144,301 $-11,506 $54,681 $-63,454 $-156,610
Cash Flows From Financing Activities
Change In Short Term Borrowing 145,000 100,000 299,000 250,655 N/A
Debt Repayment -1,584 N/A N/A N/A N/A
Common Stock Issued 43 2,391 1,327 2,428 N/A
Dividend Paid N/A N/A N/A N/A -23,970
Other Financing Activity -225,000 -130,000 -285,000 -134,893 153,770
Financing Cash Flow $-81,541 $-27,609 $15,327 $118,190 $129,800
Exchange Rate Effect 2,539 2,978 -783 603 780
Beginning Cash Position 48,552 101,752 53,569 42,319 71,230
End Cash Position 65,403 48,552 101,752 54,625 42,310
Net Cash Flow $16,851 $-53,200 $48,183 $12,306 $-28,910
Free Cash Flow
Operating Cash Flow -48,448 -17,063 -21,042 -43,033 -2,880
Capital Expenditure -8,845 -14,642 -27,611 -47,635 N/A
Free Cash Flow -57,293 -31,705 -48,653 -90,668 -2,880
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