What was the net cash provided by operating activities for Caption By Hyatt in 2022?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
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CONSOLIDATED STATEMENTS OF CASH FLOWS
For the Years Ended December 31, 2024, December 31, 2023, and December 31, 2022 (In millions of dollars)
| 2024 | 2023 | 2022 | ||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net income | $ 1,296 | $ | 220 | $ 455 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| (Gains) losses on sales of real estate and other | (1,245) | (18) | (263) | |
| Depreciation and amortization | 333 | 397 | 426 | |
| Amortization of share awards | 64 | 75 | 61 | |
| Amortization of operating lease right-of-use assets | 36 | 42 | 35 | |
| Deferred income taxes | (123) | (125) | (259) | |
| Asset impairments | 213 | 30 | 38 | |
| Equity (earnings) losses from unconsolidated hospitality ventures | (31) | 1 | (5) | |
| Contra revenue | 69 | 47 | 31 | |
| Unrealized (gains) losses, net | (53) | (36) | 55 | |
| Contingent consideration liability fair value adjustment | (39) | 9 | — | |
| Payments for key money assets | (153) | (132) | (165) | |
| Other | 78 | 87 | 98 | |
| Increase (decrease) in cash attributable to changes in assets and liabilities | ||||
| Receivables, net | (15) | — | (209) | |
| Prepaid income taxes | 65 | (24) | 2 | |
| Prepaids and other assets | (116) | (66) | (114) | |
| Other long-term assets | (6) | (92) | (110) | |
| Accounts payable, accrued expenses, and other current liabilities | 56 | (29) | 96 | |
| Contract liabilities | 48 | 290 | 378 | |
| Deferred revenue related to the loyalty program | 203 | 202 | 113 | |
| Operating lease liabilities | (35) | (4 |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the net cash provided by operating activities in 2022 was $674 million.
This figure represents the cash flow generated from Caption By Hyatt's core business operations during that year. It's calculated by adjusting net income for non-cash items such as depreciation, amortization, and deferred income taxes, as well as changes in working capital accounts like receivables, prepaids, and payables.
A prospective Caption By Hyatt franchisee should consider this number as an indicator of the brand's financial health and its ability to generate cash from its operations. A consistently positive net cash flow from operating activities suggests that the company is effectively managing its resources and generating sufficient cash to cover its expenses and invest in future growth. However, it is important to note that this figure reflects the performance of Hyatt Hotels Corporation as a whole and not specifically the Caption By Hyatt brand. Franchisees should inquire about the financial performance specific to the Caption By Hyatt brand to gain a more accurate understanding of its financial viability.
It is important to note that this number reflects the performance of Hyatt Hotels Corporation as a whole and not specifically the Caption By Hyatt brand. Franchisees should inquire about the financial performance specific to the Caption By Hyatt brand to gain a more accurate understanding of its financial viability.