01—Abstract
Summary
Summary of the 8-K filed February 23, 2022. Cited figures are marked; the original filing is the authoritative source.
Booking Holdings Inc. (BKNG) filed an 8-K on February 23, 2022, to report its financial results for the fourth quarter and full year ended December 31, 2021.
The filing primarily incorporates by reference a press release that contains the company's detailed financial statements, including the consolidated balance sheet as of December 31, 2021, and statements of operations and cash flows for the periods ended on that date. Investors should note that while key financial statements are considered 'filed' with the SEC, other information within the press release is treated as 'furnished.' This distinction is important for understanding the level of SEC scrutiny applied to different parts of the disclosed information. The press release, attached as Exhibit 99.1, serves as the primary source for the company's operational and financial condition update.
02—Key points
Key Highlights
- Booking Holdings announced Q4 and full-year 2021 financial results on February 23, 2022.
- The 8-K filing incorporates by reference a press release containing detailed financial results and a financial and statistical supplement.
- Key financial statements, including the consolidated balance sheet as of December 31, 2021, and statements of operations and cash flows for the periods ending December 31, 2021, are included.
- These specific financial statements are treated as 'filed' with the SEC.
- Other information within the press release is considered 'furnished,' not 'filed.'
- Exhibit 99.1 contains the press release and associated financial information.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to publicly announce and provide Booking Holdings Inc.'s financial results for the fourth quarter and the full year ended December 31, 2021.
Where can I find the detailed financial results for Q4 and FY 2021?
The detailed financial results are primarily found in the press release attached as Exhibit 99.1 to the 8-K filing. This press release includes the consolidated balance sheet, statements of operations, and statements of cash flows.
What is the difference between 'filed' and 'furnished' information in this report?
The consolidated balance sheet and statements of operations/cash flows for the periods ended December 31, 2021, are treated as 'filed' with the SEC, meaning they are subject to stricter liability provisions. Other information within the press release is considered 'furnished,' which generally carries less liability.
When were these financial results announced?
Booking Holdings announced its financial results on February 23, 2022, which is the filing date of this 8-K.
04—Continue