Company: SGBAF
Filing Date: 2025-01-17
Form Type: DRS/A
Source: 0000950123-25-000378
Chunk: 207

Company: SES S.A.
Filing Date: 2025-01-17
Form: DRS/A
Chunk 207
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 ended December 31, 2023, Intelsat repurchased 220,000 common shares for $6.5 million. As of December 31, 2023, approximately $193.5 million remained available under the share repurchase program. The program does not obligate Intelsat to acquire a minimum amount of shares. Refer to Note 10—Shareholders’ Equity of the Intelsat audited financial statements for the period ended December 31, 2023 included elsewhere in this prospectus. Cash Flow Items Intelsat’s cash flows consisted of the following for the periods shown (in thousands):

|                                                                               |     | Predecessor |   Two Months 
        Ended 
 February 28, 
         2022 |   |     | Successor |   Ten Months 
        Ended 
 December 31, 
         2022 |   |     | Non-GAAP 
 Combined |   Year Ended 
 December 31, 
         2022 |   |     | Successor |   Year Ended 
 December 31, 
         2023 |   |
|:------------------------------------------------------------------------------|:----|:------------|-------------:|:--|:----|:----------|-------------:|:--|:----|:---------|-------------:|:--|:----|:----------|-------------:|:--|
| Net cash provided by operating activities                                     |     | $           |      557,501 |   |     | $         |    1,354,126 |   |     | $        |    1,911,627 |   |     | $         |    3,846,741 |   |
| Net cash used in investing activities                                         |     |             |     (107,913 | ) |     |           |     (502,940 | ) |     |          |     (610,853 | ) |     |           |     (594,928 | ) |
| Net cash provided by (used in) financing activities                           |     |             |     (957,510 | ) |     |           |     (407,780 | ) |     |          |   (1,365,290 | ) |     |           |   (2,835,044 | ) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash |     |             |          (70 | ) |     |           |       (2,942 | ) |     |          |       (3,012