10-K Filing

Global Business Travel Group, Inc. CIK: 1820872 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001104659-21-044019`
Period End Date	20201231
Filing Date	20210330
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	apsg-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 12 Cash Flow Statement 32 Stockholders Equity 11

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$257.87K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.85K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.85K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.38M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Investment held in Trust Account	`AssetsHeldInTrustNoncurrent`	$816.99M	USD	Point-in-time
Total Assets	`Assets`	$1.85K	USD	Point-in-time
Total Assets	`Assets`	$818.37M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$383.17K	USD	Point-in-time
Advances from related party	`DueToRelatedPartiesCurrent`	$373.52K	USD	Point-in-time
Note payable - Sponsor	`NotesPayableCurrent`	$1.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.26M	USD	Point-in-time
Deferred underwriting commissions	`DeferredUnderwritingCommissions`	$26.25M	USD	Point-in-time
Deferred underwriting commissions	`DeferredUnderwritingCommissions`	$28.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$30.85M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption; 78,252,362 and 0 shares at December 31, 2020 and 2019, respectively (at approximately $10.00 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	$782.52M	USD	Point-in-time
Preferred shares, $0.00005 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares, $0.00005 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$30.88K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-438.21K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.05K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.85K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$818.37M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.85K	USD	Point-in-time

Income Statement 12 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	Annual
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	Annual
Administrative fee - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$46.67K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.85K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$536.61K	USD	Annual
TOTAL EXPENSES	`OperatingExpenses`	$1.85K	USD	Annual
TOTAL EXPENSES	`OperatingExpenses`	$583.28K	USD	Annual
Interest expense	`InterestExpense`	$414.00	USD	Annual
Investment income from Trust Account	`InvestmentIncomeInterest`	$175.53K	USD	Annual
TOTAL OTHER INCOME	`OtherNonoperatingIncome`	$175.12K	USD	Annual
Net loss	`NetIncomeLoss`	$-408.16K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.85K	USD	Annual

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-408.16K	USD	Annual
Net loss	`ProfitLoss`	$-1.85K	USD	Annual
Investment income earned on investment held in Trust Account	`InvestmentIncomeInterest`	$175.53K	USD	Annual
Formation and organization costs paid by related parties	`FormationAndOperatingCostsPaidByRelatedParties`	$27.61K	USD	Annual
Formation and organization costs paid by related parties	`FormationAndOperatingCostsPaidByRelatedParties`	$3.71K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.12M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.85K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-761.76K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.44M	USD	Annual
Cash deposited into Trust Account	`PaymentsToAcquireInvestments`	$816.81M	USD	Annual
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-816.81M	USD	Annual
Proceeds from sale of Units in Public Offering	`ProceedsFromIssuanceInitialPublicOffering`	$816.81M	USD	Annual
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfPrivatePlacement`	$18.34M	USD	Annual
Payment of underwriter commissions	`PaymentOfUnderwriterCommission`	$-16.34M	USD	Annual
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$800.88K	USD	Annual
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$43.54M	USD	Point-in-time
Proceeds from Sponsor note	`ProceedsFromNotesPayable`	$1.50M	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$819.51M	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$257.87K	USD	Annual
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.87K	USD	Point-in-time
Cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$257.87K	USD	Point-in-time
Cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Deferred underwriters' commissions charged to additional paid-in capital in connection with the Public Offering	`DeferredUnderwritersCommissionsChargedToAdditionalPaidInCapital`	$28.59M	USD	Annual
Change in value of Class A ordinary shares subject to possible redemption	`ChangeInValueOfOrdinarySharesSubjectToPossibleRedemption`	$782.52M	USD	Annual
Operating costs paid by related party which were charged to additional paid-in capital	`OperatingCostsPaidByRelatedPartyChargedToAdditionalPaidInCapital`	$3.71K	USD	Annual
Operating costs paid by related party which were charged to additional paid-in capital	`OperatingCostsPaidByRelatedPartyChargedToAdditionalPaidInCapital`	$345.91K	USD	Annual
Accrued offering costs which were charged to additional paid-in capital	`DeferredOfferingCostsIncludedInAccruedOfferingCosts`	$1.14M	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning	`StockholdersEquity`	$1.85K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$5.00M	USD	Point-in-time
Capital contributions	`AdjustmentsToAdditionalPaidInCapitalCapitalContribution`	$3.71K	USD	Annual
Sale of Units in Public Offering	`UnitsIssuedDuringPeriodValueNewIssues`	$816.81M	USD	Annual
Underwriters' discount and offering costs	`UnderwritersDiscountAndOfferingCosts`	$-47.22M	USD	Annual
Sale of Private Placement Warrants to Sponsor	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$18.34M	USD	Annual
Class A ordinary stock shares subject to possible redemption	`CommonStockSubjectToPossibleRedemptionValue`	$782.52M	USD	Annual
Net loss	`NetIncomeLoss`	$-408.16K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.85K	USD	Annual
Balance at the ending	`StockholdersEquity`	$1.85K	USD	Point-in-time
Balance at the ending	`StockholdersEquity`	$5.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.