For the year ending 2025-12-31, AMC had -$203,500K decrease in cash & cash equivalents over the period. -$365,900K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Loss (gain) on extinguishment of debt | -196,000 |
| Loss (gain) on investments in hycroft | 34,400 |
| Amortization of deferred financing costs to interest expense | 11,300 |
| Pik interest expense | 44,400 |
| Non-cash portion of stock-based compensation | 16,900 |
| Equity in earnings from non-consolidated entities, net of distributions | 200 |
| Non-cash rent benefit | 109,300 |
| Net periodic benefit cost | 1,200 |
| Receivables | -13,200 |
| Other assets | -4,600 |
| Accounts payable | -7,500 |
| Accrued expenses and other liabilities | 10,900 |
| Amortization of net discount (premium) on corporate borrowings to interest expense | 14,600 |
| Other, net | 26,300 |
| Gain on derivatives | 37,400 |
| Loss (gain) on extinguishment of debt-Second Lien Notes Due2026 | 6,600 |
| Loss (gain) on extinguishment of debt-Senior Subordinated Notes Due2026 | -300 |
| Loss (gain) on extinguishment of debt-Toggle Senior Secured Exchangeable Notes Due2030 | -103,300 |
| Loss (gain) on extinguishment of debt-First Lien Notes Due2029 | -99,000 |
| Lease incentives | 45,600 |
| Amortization of net discount (premium) on corporate borrowings to interest expense-Toggle Senior Secured Exchangeable Notes Due2030 | 5,000 |
| Amortization of deferred financing costs to interest expense-Toggle Senior Secured Exchangeable Notes Due2030 | 1,000 |
| Deferred income taxes | 1,800 |
| Depreciation and amortization | 313,400 |
| Impairment of long-lived assets | 43,500 |
| Impairment of equity investments recorded in investment income | 10,300 |
| Gain on derivatives-New Exchangeable Notes | -19,300 |
| Gain on derivatives-Toggle Senior Secured Exchangeable Notes Due2030 | 56,700 |
| Net loss | -632,400 |
| Net cash used in operating activities | -119,800 |
| Capital expenditures | 246,100 |
| Proceeds from disposition of long-term assets | 2,900 |
| Proceeds from sale/disposition investments-Hycroft Mining Holding Corporation | 24,100 |
| Investment in non-consolidated entities | 4,000 |
| Other, net | -1,500 |
| Net cash used in investing activities | -221,600 |
| Net proceeds from equity issuances | 169,600 |
| Proceeds from issuance of debt-New Senior Secured Notes Due2029 | 244,400 |
| Principal payments under notes-Second Lien Notes Due2026 | 131,200 |
| Principal payments under notes-Senior Subordinated Notes Due2025 | 42,800 |
| Principal payments under notes-Senior Subordinated Notes Due2026 | 41,900 |
| Scheduled principal payments under term loan borrowings | 20,100 |
| Repurchase of senior subordinated notes due-Senior Subordinated Notes Due2025 | 1,300 |
| Cash used to pay deferred financing costs | 40,500 |
| Debt extinguishment costs | 2,400 |
| Taxes paid for restricted unit withholdings | 4,400 |
| Principal payments under finance lease obligations | 4,200 |
| Net cash provided by financing activities | 125,200 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 12,700 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -203,500 |
AMC
AMC