Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 553

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1A
Chunk 553
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 — 51,254 51,254 Impairment and related charges— — 5,146 5,146 Restructuring and other costs(4)— — 14,500 14,500 Acquisition-related costs(6)— — 6,854 6,854 Litigation costs, net(7)— — 31,706 31,706 Stock-based compensation— — 82,872 82,872 Equity method income686 — — 686 Operating loss$212,604 $(51,579)$(422,085)$(261,060)Interest expense, net(295,231)Other, net(5)136,645 Loss on extinguishment of debt(4,473)Equity method income686 Provision for income taxes(8,666)Loss from continuing operations$(432,099)

The following tables present information from our statements of cash flows and set forth the reconciliation of Free Cash Flow to cash provided by operating activities, the most directly comparable GAAP measure (in thousands):

 Year Ended December 31, 202420232022Cash provided by (used in) operating activities$70,594 $56,239 $(276,458)Cash (used in) provided by investing activities(29,614)(109,980)173,977 Cash provided by (used in) financing activities39,572 (94,219)(75,370)

Year Ended December 31, 202420232022Cash provided by (used in) operating activities$70,594 $56,239 $(276,458)Additions to property and equipment(84,148)(87,423)(69,494)Free Cash Flow$(13,554)$(31,184)$(345,952)

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(1)Net income (loss) attributable to noncontrolling interests represents an adjustment to include earnings allocated to noncontrolling interests held in (i) Sabre Travel Network Middle East of 40%, (ii) Sabre Seyahat Dagitim Sistemleri A.S. of 40%, (iii) Sabre Travel Network Lanka (Pte) Ltd of 40%, (iv) Sabre Bulgaria of 40%, and (v) FERMR Holdings Limited (the direct parent of Conferma Limited) of 19%.

(2)Impairment and related charges in 2022 represents a $5