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Interim Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operations:    
Net income attributable to MercadoLibre, Inc. Shareholders $ 1,721us-gaap_NetIncomeLoss $ 30,264us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Net income attributable to Redeemable Noncontrolling Interest   64us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Devaluation Loss (Gain), net 10,862us-gaap_ForeignCurrencyTransactionLossBeforeTax (2,658)us-gaap_ForeignCurrencyTransactionLossBeforeTax
Impairment of Long-Lived Assets 16,226us-gaap_AssetImpairmentCharges  
Depreciation and amortization 5,081us-gaap_DepreciationAndAmortization 3,519us-gaap_DepreciationAndAmortization
Accrued interest (2,780)meli_AccruedInterestFromInvestments (2,019)meli_AccruedInterestFromInvestments
Convertible bonds accrued interest and amortization of debt discount 3,984meli_ConvertibleBondsAccruedInterestAndAmortizationOfDebtDiscount  
Long Term Retention Program accrued compensation 3,327us-gaap_ShareBasedCompensation 766us-gaap_ShareBasedCompensation
Deferred income taxes 6,118us-gaap_DeferredIncomeTaxExpenseBenefit (4,675)us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in assets and liabilities:    
Accounts receivable (27,923)us-gaap_IncreaseDecreaseInAccountsReceivable (9,410)us-gaap_IncreaseDecreaseInAccountsReceivable
Credit Card Receivables (54,763)meli_IncreaseDecreaseInFundsReceivableFromCustomers (9,871)meli_IncreaseDecreaseInFundsReceivableFromCustomers
Prepaid expenses (3,451)us-gaap_IncreaseDecreaseInPrepaidExpense (962)us-gaap_IncreaseDecreaseInPrepaidExpense
Other assets (2,306)us-gaap_IncreaseDecreaseInOtherOperatingAssets 925us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable and accrued expenses 30,395us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 11,755us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Funds payable to customers 48,683meli_IncreaseDecreaseInFundsPayableToCustomers 7,366meli_IncreaseDecreaseInFundsPayableToCustomers
Other liabilities 181us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 318us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Interest received from investments 2,824us-gaap_ProceedsFromOtherOperatingActivities 2,246us-gaap_ProceedsFromOtherOperatingActivities
Net cash provided by operating activities 38,179us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 27,628us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Purchase of investments (420,070)us-gaap_PaymentsToAcquireInvestments (386,755)us-gaap_PaymentsToAcquireInvestments
Proceeds from sale and maturity of investments 431,636us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments 379,720us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments
Purchases of intangible assets (942)us-gaap_PaymentsToAcquireIntangibleAssets (144)us-gaap_PaymentsToAcquireIntangibleAssets
Purchases of property and equipment (7,315)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (6,966)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash provided by (used in) investing activities 3,309us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (14,145)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Payments on loans payable and other financial liabilities (139)us-gaap_RepaymentsOfLongTermDebt (582)us-gaap_RepaymentsOfLongTermDebt
Dividends paid (7,330)us-gaap_PaymentsOfDividendsCommonStock (6,314)us-gaap_PaymentsOfDividendsCommonStock
Net cash used in financing activities (7,469)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (6,896)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rate changes on cash and cash equivalents (37,395)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (15,732)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and cash equivalents (3,376)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (9,145)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of the period 223,144us-gaap_CashAndCashEquivalentsAtCarryingValue 140,285us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of the period $ 219,768us-gaap_CashAndCashEquivalentsAtCarryingValue $ 131,140us-gaap_CashAndCashEquivalentsAtCarryingValue