Gol Linhas Aéreas Inteligentes S.A.
GOL Linhas Aéreas Inteligentes S.A. provides scheduled and non-scheduled air transportation services for passengers and cargo; and maintenance services for aircrafts and components in Brazil, rest of South America, the Caribbean, and the United States. T…
Airlines, Airports & Air Services
BR, São Paulo [HQ]
Cash Flow Statements
15 Records · Starting from 2009In Million BRL. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 457.00 | 723.00 | -602.00 | 133.00 | 403.00 | 968.00 | -599.00 | -21.00 | 672.00 | 2,081.00 | 2,461.00 | 753.00 | 705.00 | 2,168.00 | 1,947.00 | |
| Operating Cash (Net) | 457.00 | 723.00 | -602.00 | 133.00 | 403.00 | 968.00 | -599.00 | -21.00 | 672.00 | 2,081.00 | 2,461.00 | 753.00 | 705.00 | 2,168.00 | 1,947.00 | |
| Accounts Receivable | 117.00 | -48.00 | 84.00 | 22.00 | -3.00 | -44.00 | -149.00 | -307.00 | -198.00 | 95.00 | -384.00 | 498.00 | -111.00 | -44.00 | 132.00 | |
| Accounts Payable | 78.00 | -146.00 | 131.00 | 65.00 | 22.00 | 183.00 | 210.00 | 204.00 | -126.00 | 283.00 | -43.00 | 249.00 | 264.00 | 452.00 | -275.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -8.00 | -322.00 | -553.00 | 831.00 | -2.00 | 956.00 | 906.00 | -537.00 | -12.00 | 470.00 | -275.00 | 886.00 | 1,962.00 | 1,434.00 | -1,699.00 | |
| Other WC | -250.00 | -85.00 | -792.00 | 729.00 | -47.00 | 839.00 | 906.00 | -450.00 | 311.00 | 97.00 | 173.00 | 135.00 | 1,883.00 | 1,200.00 | -1,134.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | 5.00 | -279.00 | -469.00 | -590.00 | -318.00 | -271.00 | -1,259.00 | 592.00 | -559.00 | -1,587.00 | -754.00 | 31.00 | -179.00 | -787.00 | -870.00 | |
| Capital Expenditure | -161.00 | -288.00 | -360.00 | -475.00 | -289.00 | -245.00 | -602.00 | -439.00 | -425.00 | -875.00 | -979.00 | -661.00 | -788.00 | -857.00 | -871.00 | |
| Purchases of Investments | -37.00 | -8.00 | -74.00 | - - | - - | -34.00 | -254.00 | -45.00 | -171.00 | -163.00 | -501.00 | -100.00 | - - | - - | - - | |
| Sale/Maturity of Investment | 205.00 | 17.00 | 80.00 | - - | - - | 65.00 | - - | 508.00 | 14.00 | - - | 377.00 | 100.00 | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -161.00 | -288.00 | -360.00 | -475.00 | -289.00 | -245.00 | -602.00 | -439.00 | -425.00 | -875.00 | -979.00 | -661.00 | -788.00 | -857.00 | -871.00 | |
| Acquisitions (Net) | 31.00 | 58.00 | -33.00 | - - | - - | -25.00 | 3.00 | -3.00 | 68.00 | -163.00 | -121.00 | 271.00 | 594.00 | 947.00 | 1.00 | |
| Other Investing Activities | -31.00 | -58.00 | -80.00 | -115.00 | -29.00 | -30.00 | -402.00 | 571.00 | -45.00 | -548.00 | 470.00 | 421.00 | 14.00 | -877.00 | -703.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -769.00 | -139.00 | -354.00 | -4.00 | -807.00 | -309.00 | -750.00 | -1,062.00 | -359.00 | -753.00 | -892.00 | -1,935.00 | -672.00 | -1,673.00 | -628.00 | |
| Debt Repayment | -42.00 | -433.00 | -391.00 | -334.00 | -272.00 | -2,053.00 | -2,041.00 | -890.00 | -1,220.00 | -2,200.00 | -216.00 | -4,806.00 | -2,982.00 | -2,731.00 | -1,325.00 | |
| Dividends Paid | - - | -185.00 | -50.00 | -334.00 | -21.00 | -67.00 | -119.00 | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | - - | -444 | -316 | - - | -2,033 | -1,999 | 8 | - - | 31 | 114 | - - | - - | - - | - - | |
| Issued | - - | - - | 183.00 | 17.00 | 1,100.00 | 119.00 | 465.00 | - - | 2.00 | 15.00 | 12.00 | 1.00 | - - | - - | - - | |
| Repurchased | - - | - - | 628.00 | 334.00 | - - | 2,152.00 | 2,464.00 | -8.00 | - - | -15.00 | -102.00 | - - | - - | - - | - - | |
| Other Financing Activities | 811.00 | 759.00 | -15.00 | 312.00 | 1,079.00 | -461.00 | -18.00 | -172.00 | 1,577.00 | 3,112.00 | -573.00 | 2,870.00 | 2,310.00 | 1,057.00 | 94.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 169.00 | 1,382.00 | 1,955.00 | 1,230.00 | 775.00 | 1,635.00 | 1,898.00 | 1,072.00 | 562.00 | 1,026.00 | 826.00 | 1,645.00 | 662.00 | 486.00 | 549.00 | |
| End of Period | 1,382.00 | 1,955.00 | 1,230.00 | 775.00 | 1,635.00 | 1,898.00 | 1,072.00 | 562.00 | 1,026.00 | 826.00 | 1,645.00 | 662.00 | 486.00 | 169.00 | 588.00 | |
| Change | 1,213.00 | 573.00 | -725.00 | -454.00 | 860.00 | 263.00 | -826.00 | -510.00 | 464.00 | -200.00 | 819.00 | -982.00 | -176.00 | -317.00 | 39.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 142.00 | 281.00 | 395.00 | 519.00 | 560.00 | 463.00 | 419.00 | 447.00 | 505.00 | 668.00 | 1,727.00 | 1,870.00 | 1,335.00 | 1,720.00 | 1,667.00 | |
| Stock Based Compensation | 4.00 | 24.00 | 24.00 | 10.00 | 7.00 | 10.00 | 14.00 | 13.00 | 14.00 | 18.00 | 40.00 | 23.00 | 21.00 | 26.00 | 8.00 | |
| Other | -437.00 | 407.00 | 536.00 | 363.00 | 588.00 | 612.00 | 1,702.00 | -1,048.00 | 333.00 | 1,459.00 | 757.00 | 3,886.00 | 4,810.00 | 514.00 | 2,951.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 295.00 | 434.00 | -963.00 | -341.00 | 114.00 | 723.00 | -1,201.00 | -460.00 | 246.00 | 1,206.00 | 1,481.00 | 91.00 | -82.00 | 1,311.00 | 1,075.00 | |
| Cash Conversion Cycle (CCC) | -16.00 | 17.00 | 15.00 | 6.00 | -2.00 | -8.00 | -11.00 | -15.00 | -14.00 | -24.00 | -20.00 | -38.00 | -17.00 | -31.00 | -7.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | -18.00 | -10.00 | -8.00 | 6.00 | -32.00 | -124.00 | 281.00 | -18.00 | -7.00 | 57.00 | 4.00 | 167.00 | -30.00 | -24.00 | -168.00 |