Booking Holdings Inc. Financial Statements — BKNG Stock

Income Statement	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	3,085	4,356	5,261	6,793	8,442	9,224	10,743	12,681	14,527	15,066	6,796	10,958	17,090	21,365	23,739
- Cost of Revenue	1,176	1,276	1,177	1,077	858	632	415	242	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	1,176	1,276	1,177	1,077	858	632	415	242	- -	- -	- -	- -	- -	- -	- -
+ Sales & Services Revenue	3,085	4,356	5,261	6,793	8,442	9,224	10,743	12,681	14,527	15,066	6,796	10,958	17,090	21,365	23,739
Gross Profit	1,909	3,080	4,084	5,716	7,584	8,592	10,328	12,439	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	1,122	1,681	2,254	3,303	4,511	5,333	6,481	7,901	9,186	9,721	6,216	8,462	11,988	15,530	16,184
+ Research & Development	21	34	44	72	97	114	142	189	233	285	- -	- -	- -	- -	- -
+ Other Operating Expense	46	54	65	118	208	272	309	363	426	469	757	846	778	1,164	1,396
+ Selling, General & Admin	1,055	1,593	2,145	3,114	4,206	4,947	6,030	7,349	8,527	8,967	5,459	7,616	11,210	14,366	14,788
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	-14,527	-15,066	-6,796	-10,958	-17,090	-21,365	-23,739
Operating Income (Loss)	787	1,399	1,830	2,412	3,073	3,259	3,847	4,538	5,341	5,345	580	2,496	5,102	5,835	7,555
- Non-Operating (Income) Loss	41	31	68	116	84	131	1,134	139	506	-613	13	1,031	1,179	354	263
+ Interest Expense, Net	26	24	58	79	74	104	113	97	82	114	302	318	172	-123	181
+ Interest Expense	30	32	62	83	88	160	208	254	269	266	356	334	391	897	1,295
- Interest Income	4	8	4	4	14	56	95	157	187	152	54	16	219	1,020	1,114
+ Other Non-Op (Income) Loss	14	8	10	37	9	26	1,021	42	424	-727	-289	713	1,007	477	82
Pretax Income	746	1,368	1,762	2,297	2,989	3,128	2,713	4,399	4,835	5,958	567	1,465	3,923	5,481	7,292
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Income Tax Expense (Benefit)	218	309	338	404	568	577	578	2,058	837	1,093	508	300	865	1,192	1,410
Income (Loss) from Cont Ops	528	1,059	1,424	1,893	2,422	2,551	2,135	2,341	3,998	4,865	59	1,165	3,058	4,289	5,882
- Net Extraordinary Losses (Gains)	1	6	9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	1	6	9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	527	1,054	1,415	1,893	2,422	2,551	2,135	2,341	3,998	4,865	59	1,165	3,058	4,289	5,882
- Minority Interest	-1	-3	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	528	1,056	1,420	1,893	2,422	2,551	2,135	2,341	3,998	4,865	59	1,165	3,058	4,289	5,882
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	528	1,056	1,420	1,893	2,422	2,551	2,135	2,341	3,998	4,865	59	1,165	3,058	4,289	5,882
Basic Weighted Avg Shares	48	50	50	51	52	51	49	49	47	43	41	41	40	36	34
Basic EPS, GAAP	11	21.27	28.48	37.17	46.3	50.09	43.14	47.78	84.26	112.92	1.44	28.39	76.7	118.68	174.94
Basic EPS from Cont Ops	11.01	21.33	28.57	37.17	46.3	50.09	43.14	47.78	84.26	112.92	1.44	28.39	76.7	118.68	174.94
Diluted Weighted Avg Shares	51	51	51	52	53	52	50	50	48	44	41	41	40	37	34
Diluted EPS, GAAP	10.35	20.63	27.66	36.11	45.67	49.45	42.65	46.86	83.26	111.82	1.43	28.17	76.35	117.41	172.67
Diluted EPS from Cont Ops	10.36	20.68	27.74	36.11	45.67	49.45	42.65	46.86	83.26	111.82	1.43	28.17	76.35	117.41	172.67
EBITDA	837	1,453	1,895	2,530	3,281	3,531	4,156	4,901	5,767	5,986	1,222	3,095	5,709	6,500	8,306
EBITDA Margin (%)	27.14	33.35	36.02	37.25	38.87	38.28	38.69	38.65	39.7	39.73	17.98	28.24	33.41	30.42	34.99
EBITA	787	1,399	1,830	2,412	3,073	3,259	3,847	4,538	5,341	5,345	580	2,496	5,102	5,835	7,555
EBIT	787	1,399	1,830	2,412	3,073	3,259	3,847	4,538	5,341	5,345	580	2,496	5,102	5,835	7,555
Gross Margin (%)	61.88	70.71	77.62	84.14	89.84	93.15	96.14	98.09	100	100	100	100	100	100	100
Operating Margin (%)	25.5	32.12	34.78	35.51	36.41	35.33	35.81	35.79	36.77	35.48	8.53	22.78	29.85	27.31	31.83
Profit Margin (%)	17.1	24.25	26.98	27.86	28.69	27.66	19.87	18.46	27.52	32.29	0.87	10.63	17.89	20.07	24.78
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	34.92
Depreciation Expense	50	54	65	118	208	272	309	363	426	641	642	599	607	665	751

Balance Sheet	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	1,957	3,067	5,682	7,481	5,114	3,553	5,402	9,035	8,407	9,833	12,206	13,145	15,798	17,034	20,491
+ Accounts & Notes Receiv	162	264	368	536	644	645	860	1,218	1,523	1,680	529	1,358	2,229	3,253	3,199
+ Accounts Receivable, Net	162	264	368	536	644	645	860	1,218	1,523	1,680	529	1,358	2,229	3,253	3,199
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	1,662	2,658	5,183	6,753	4,291	2,649	4,300	7,402	6,284	7,310	11,063	11,152	12,396	12,683	16,164
+ Cash & Cash Equivalents	359	633	1,536	1,290	3,149	1,477	2,081	2,542	2,624	6,312	10,562	11,127	12,221	12,107	16,164
+ ST Investments	1,303	2,025	3,647	5,463	1,142	1,171	2,219	4,860	3,660	998	501	25	175	576	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	133	145	132	192	179	260	241	415	600	843	614	635	1,173	1,098	1,128
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	948	904	887	2,964	9,657	13,867	14,437	16,416	14,280	11,569	9,668	10,496	9,563	7,308	7,217
+ LT Investments & Receivables	- -	- -	- -	- -	3,756	7,931	9,591	10,873	8,408	4,477	3,759	3,175	2,789	440	536
+ LT Investments	- -	- -	- -	- -	3,756	7,931	9,591	10,873	8,408	4,477	3,759	3,175	2,789	440	536
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	40	64	89	135	199	275	347	480	656	1,358	1,285	1,318	1,314	1,489	1,391
- Accumulated Depreciation	94	113	143	178	244	260	359	543	693	927	1,153	1,305	1,324	1,219	1,392
+ Property, Plant & Equip	134	177	232	313	443	535	706	1,023	1,349	2,285	2,438	2,623	2,638	2,708	2,783
+ Other LT Assets	909	840	798	2,828	5,703	5,661	4,499	5,063	5,216	5,734	4,624	6,003	5,460	5,379	5,290
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Intangible Assets	743	705	731	2,788	5,661	5,543	4,391	4,915	5,035	4,867	3,707	4,944	4,636	4,439	4,181
+ Goodwill	511	505	523	1,768	3,326	3,375	2,397	2,738	2,910	2,913	1,895	2,887	2,807	2,826	2,799
+ Other Intangible Assets	232	200	208	1,020	2,335	2,168	1,994	2,177	2,125	1,954	1,812	2,057	1,829	1,613	1,382
+ Misc LT Assets	166	135	67	41	42	119	109	148	181	867	917	1,059	824	940	1,109
Total Assets	2,906	3,971	6,570	10,444	14,771	17,421	19,839	25,451	22,687	21,402	21,874	23,641	25,361	24,342	27,708
+ Payables & Accruals	334	369	573	793	881	1,004	1,277	1,807	2,533	2,817	2,117	3,351	5,751	8,115	9,871
+ Other Payables & Accruals	244	222	388	545	600	682	857	1,139	1,399	1,578	1,382	1,765	3,244	4,741	6,047
+ Accounts Payable	90	147	185	247	281	323	419	668	1,134	1,239	735	1,586	2,507	3,374	3,824
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	498	520	152	37	- -	968	711	- -	988	985	1,989	500	1,961	1,745
+ ST Borrowings	- -	498	520	152	37	- -	968	711	- -	988	985	1,989	500	1,961	1,745
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	137	239	369	437	461	435	614	980	1,022	1,561	323	906	2,223	3,254	4,031
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	137	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	239	369	437	461	435	614	980	1,022	1,561	323	906	2,223	3,254	4,031
Total Current Liabilities	471	1,106	1,462	1,382	1,379	1,439	2,859	3,498	3,555	5,366	3,425	6,246	8,474	13,330	15,647
+ LT Debt	476	77	882	1,742	3,824	6,158	6,171	8,810	8,649	8,102	11,395	9,288	12,537	12,822	15,336
+ LT Borrowings	476	77	882	1,742	3,824	6,158	6,171	8,810	8,649	7,640	11,029	8,937	11,985	12,223	14,853
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	462	366	351	552	599	483
+ Other LT Liabilities	99	136	274	402	1,001	1,027	961	1,879	1,698	2,001	2,161	1,929	1,568	934	745
+ Accrued Liabilities	56	47	45	326	898	893	822	481	370	876	1,127	905	685	258	289
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	43	89	229	76	104	135	139	1,398	1,328	1,125	1,034	1,024	883	676	456
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	576	213	1,156	2,144	4,825	7,186	7,132	10,689	10,347	10,103	13,556	11,217	14,105	13,756	16,081
Total Liabilities	1,047	1,319	2,618	3,526	6,204	8,625	9,990	14,187	13,902	15,469	16,981	17,463	22,579	27,086	31,728
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	2,418	2,432	2,613	4,593	4,924	5,185	5,483	5,783	5,445	5,756	5,851	6,159	6,491	7,175	7,707
+ Additional Paid in Capital	2,417	2,431	2,612	4,593	4,923	5,185	5,483	5,783	5,445	5,756	5,851	6,159	6,491	7,175	7,707
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	640	804	1,061	1,987	2,738	5,827	6,855	8,699	14,711	22,864	24,128	24,290	30,983	41,426	47,877
+ Retained Earnings	69	1,034	2,369	4,219	6,641	9,192	11,327	13,939	18,367	23,232	23,288	24,453	27,541	31,830	36,525
+ Other Equity	-33	-88	-24	85	-260	245	-135	238	-316	-191	-118	-144	-267	-323	-375
Equity Before Minority Interest	1,813	2,525	3,952	6,918	8,567	8,795	9,849	11,264	8,785	5,933	4,893	6,178	2,782	-2,744	-4,020
+ Minority/Non Controlling Interest	46	127	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	1,859	2,652	3,952	6,918	8,567	8,795	9,849	11,264	8,785	5,933	4,893	6,178	2,782	-2,744	-4,020
Total Liabilities & Equity	2,906	3,971	6,570	10,444	14,771	17,421	19,839	25,451	22,687	21,402	21,874	23,641	25,361	24,342	27,708
Shares Outstanding	49	50	50	52	52	50	49	48	46	41	41	41	38	34	33
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	462	366	351	552	599	483
Net Debt	117	-58	-134	604	712	4,681	5,057	6,979	6,025	2,316	1,452	-201	264	2,077	434
Net Debt to Equity	6.32	-2.18	-3.39	8.73	8.32	53.22	51.35	61.96	68.58	39.04	29.68	-3.25	9.49	-75.69	-10.8
Tangible Common Equity Ratio	51.6	59.61	55.16	53.95	31.9	27.39	35.33	30.92	21.24	6.45	6.53	6.6	-8.95	-36.09	-34.86
Current Ratio	4.15	2.77	3.89	5.41	3.71	2.47	1.89	2.58	2.36	1.83	3.56	2.1	1.86	1.28	1.31
Cash Conversion Cycle	-6.79	-16.04	-29.47	-48.9	-87	-148.95	-300.71	-789.92	- -	- -	- -	- -	- -	- -	- -
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	528	1,059	1,424	1,893	2,422	2,551	2,135	2,341	3,998	4,865	59	1,165	3,058	4,289	5,882
+ Depreciation & Amortization	50	54	65	118	208	272	309	363	426	641	642	599	607	665	751
+ Non-Cash Items	148	144	153	238	310	388	1,326	370	789	-100	404	787	1,094	681	1,323
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	1,004	8	- -	- -	1,162	- -	- -	- -	- -
+ Deferred Income Taxes	38	45	20	-11	32	-61	-112	-32	-150	122	213	-445	-257	-478	98
+ Other Non-Cash Adj	42	33	61	107	89	200	184	133	608	-547	-1,226	856	947	629	626
+ Stock-Based Compensation	68	66	72	142	189	249	250	261	331	325	255	376	404	530	599
+ Chg in Non-Cash Work Cap	51	85	144	53	-25	-8	214	1,588	125	-541	-1,020	269	1,795	1,709	367
+ (Inc) Dec in Accts Receiv	-29	-126	-105	-112	-182	-69	-284	-270	-319	-323	891	-1,002	-1,228	-1,330	-506
+ Inc (Dec) in Accts Payable	85	210	256	182	204	166	514	687	635	480	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-22	12	-41	-7	-49	-82	5	-124	-201	-263	161	6	-217	155	-12
+ Inc (Dec) in Other	18	-12	34	-11	2	-24	-21	1,295	10	-435	-2,072	1,265	3,240	2,884	885
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	777	1,342	1,786	2,301	2,914	3,204	3,984	4,662	5,338	4,865	85	2,820	6,554	7,344	8,323
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-23	-47	-55	-84	-132	-174	-268	-288	-442	-368	-286	-304	-368	-345	-429
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	-48	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-23	-47	-55	-84	-132	-174	-220	-288	-442	-368	-286	-304	-368	-345	-429
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	601	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	601	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-706	-787	-1,471	-1,743	270	-3,580	-3,064	-3,361	2,930	7,427	2,923	491	-736	1,828	557
+ Dec in LT Investment	1,116	2,261	4,886	8,295	10,917	5,538	3,684	3,580	5,616	8,099	2,997	508	32	1,840	590
+ Inc in LT Investment	-1,823	-3,047	-6,357	-10,038	-10,647	-9,118	-6,748	-6,941	-2,686	-672	-74	-17	-768	-12	-33
+ Net Cash From Acq & Div	-112	-68	-34	-332	-2,496	-140	-1	-553	-273	-9	- -	-1,185	- -	- -	- -
+ Cash for Acq of Subs	-112	-68	-34	-332	-2,496	-140	-1	-553	-273	-9	- -	-1,185	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-3	-3	-3	- -	- -	- -	- -	- -	- -	- -	- -	-15	3	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-841	-905	-1,563	-2,162	-2,358	-3,895	-3,333	-4,202	2,215	7,050	2,637	-998	-518	1,486	129
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1,174
+ Net Cash From Debt	280	- -	1,000	564	2,140	2,251	995	1,759	-1,462	-25	2,864	-1,053	1,741	1,393	3,524
+ Cash From Debt	575	- -	1,000	979	3,260	2,624	995	2,045	25	400	4,108	2,015	3,621	1,893	4,836
+ Repayments of Debt	-295	- -	- -	-415	-1,120	-373	- -	-286	-1,487	-425	-1,244	-3,068	-1,880	-500	-1,312
+ Cash (Repurchase) of Equity	-129	-163	-257	-884	-750	-3,089	-1,012	-1,828	-5,971	-8,187	-1,303	-163	-6,621	-10,377	-6,509
+ Decrease in Capital Stock	-129	-163	-257	-884	-750	-3,089	-1,012	-1,828	-5,971	-8,187	-1,303	-163	-6,621	-10,377	-6,509
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	63	12	-74	-84	40	6	16	-10	2	-8	-33	-23	-17	75	-45
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	213	-151	669	-404	1,429	-831	-1	-79	-7,431	-8,220	1,528	-1,239	-4,897	-8,909	-4,204
Effect of Foreign Exchange Rates	8	-12	12	18	-136	-149	-46	100	-40	-8	- -	-13	-40	-37	-190
Net Changes in Cash	149	286	892	-264	1,986	-1,522	650	381	122	3,695	4,250	583	1,139	-79	4,248
Capital Expenditures	-23	-47	-55	-84	-132	-174	-268	-288	-442	-368	-286	-304	-368	-345	-429
EBITDA	837	1,453	1,895	2,530	3,281	3,531	4,156	4,901	5,767	5,986	1,222	3,095	5,709	6,500	8,306
EBITDA Margin (%)	27.14	33.35	36.02	37.25	38.87	38.28	38.69	38.65	39.7	39.73	17.98	28.24	33.41	30.42	34.99
Net Cash Paid for Acquisitions	112	68	34	332	2,496	140	1	553	273	9	- -	1,185	- -	- -	- -
Free Cash Flow	755	1,295	1,731	2,217	2,783	3,030	3,716	4,374	4,896	4,497	-201	2,516	6,186	6,999	7,894
Free Cash Flow to Firm	776	1,320	1,781	2,286	2,854	3,160	3,880	4,509	5,118	4,714	-164	2,782	6,491	7,701	8,939
Free Cash Flow to Equity	1,034	1,295	2,731	2,781	4,923	5,281	4,759	6,133	3,434	4,472	2,663	1,463	8,528	8,392	11,418
Free Cash Flow per Basic Share	15.74	26.08	34.72	43.54	53.21	59.47	75.08	89.28	103.19	104.38	-4.91	61.3	155.15	193.66	234.79
Price/Free Cash Flow	25.25	17.1	17.15	25.31	19.67	19.3	17.11	17.38	14.18	16.93	244.93	31.49	11.56	16.7	19.34
Cash Flow to Net Income	1.47	1.27	1.26	1.22	1.2	1.26	1.87	1.99	1.34	1	1.44	2.42	2.14	1.71	1.41

Booking Holdings Inc.

Income Statement

Balance Sheet

Cash Flow Statement