What was the net cash used in financing activities for Ben Jerrys in 2022?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
-----|-----------------------| | Balance, December 31, 2021 | 100 | $ 0 | $ 14,311 | $ 2,506 | $ 16,817 | | Net Loss | - | - | - | (258) | (258) | | Balance, December 31, 2022 | 100 | 0 | 14,311 | 2,248 | 16,559 | | Net Profit | - | $ - | - | $ 1,161 | $ 1,161 | | Balance, December 31, 2023 | 100 | 0 | $ 14,311 | 3,409 | 17,720 |
BEN & JERRY'S FRANCHISING, INC. AND SUBSIDIARY (In Thousands) Consolidated Statements of Cash Flows
| 2023 | 2022 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Net profit (loss) from operations | 1,161 | (258) |
| Adjustments to reconcile net profit (loss) to net | ||
| cash provided by operating activities: | ||
| Allowance for (recovery of) credit losses | 1 | (61) |
| Depreciation and amortization | 152 | 152 |
| Interest on financing lease | - | (1) |
| Amortization of right of use asset, operating | 77 | 77 |
| Amortization of right of use asset, financing | 36 | 37 |
| Deferred income taxes | 225 | (67) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (54) | (47) |
| Inventories | (37) | 85 |
| Prepaid expenses and other assets | (127) | 54 |
| Due from parent, net | (4,826) | (3,112) |
| Deposits | 4 | - |
| Accounts payable | (136) | (145) |
| Accrued liabilities | (414) | 140 |
| Operating lease obligations | (76) | (73) |
| Current tax liabilities | 165 | - |
| Due to related party | 4,046 | 3,425 |
| Deferred revenue | (74) | (145) |
| Net cash provided by operating activities |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the net cash used in financing activities in 2022 was $35,000. This figure represents the cash outflow resulting from financing activities during that year.
For a prospective franchisee, understanding the net cash used in financing activities provides insight into how Ben Jerrys manages its debt and lease obligations. In this case, the $35,000 used in financing activities reflects payments on financing lease obligations. This indicates that Ben Jerrys is actively managing and paying down its lease-related debts.
It is important to note that this figure is part of the overall cash flow statement, which provides a comprehensive view of Ben Jerrys's financial health. Franchisees should review the entire cash flow statement, including cash flows from operating and investing activities, to gain a complete understanding of the company's financial performance. Reviewing these figures over several years can reveal trends and potential areas of concern or strength.