ADT 2002 Annual Report Download - page 133

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TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
29. Tyco International Group S.A. (continued)
CONSOLIDATING STATEMENT OF CASH FLOWS (RESTATED)
For the Year Ended September 30, 2002
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Group S.A. Subsidiaries Adjustments Total
Cash Flows From Operating Activities:
Net cash (used in) provided by operating activities
from continuing operations .............. $(1,128.0) $ (91.1) $ 6,632.6 $ — $ 5,413.5
Net cash provided by operating activities from
discontinued operations ................. — — 1,462.9 — 1,462.9
Net cash (used in) provided by operating activities (1,128.0) (91.1) 8,095.5 — 6,876.4
Cash Flows From Investing Activities:
Purchase of property, plant and equipment, net . . . — — (1,678.8) — (1,678.8)
Construction in progress—Tyco Global Network . . . — — (1,146.0) — (1,146.0)
Acquisition of businesses, net of cash acquired ..... — — (1,683.8) — (1,683.8)
Acquisition of customer accounts (ADT dealer
program) ............................ — — (1,139.3) — (1,139.3)
Cash paid for purchase accounting and holdback/
earn-out liabilities ...................... — — (624.1) — (624.1)
Net proceeds from the sale of CIT ............ — — 4,395.4 — 4,395.4
Disposal of other businesses, net of cash sold ..... — — 138.7 — 138.7
Net proceeds from (purchases of) investments .... 6.3 (93.5) 70.4 — (16.8)
Increase in intercompany loans ............... — (258.1) — 258.1 —
Net decrease (increase) in investment in subsidiaries 1,021.9 — (71.8) (950.1) —
Restricted cash .......................... — (181.4) (14.8) — (196.2)
Other ................................ — — (94.8) — (94.8)
Net cash provided by (used in) investing activities
from continuing operations .............. 1,028.2 (533.0) (1,848.9) (692.0) (2,045.7)
Net cash provided by investing activities from
discontinued operations ................. — — 2,684.3 — 2,684.3
Net cash provided by (used in) investing activities 1,028.2 (533.0) 835.4 (692.0) 638.6
Cash Flows From Financing Activities:
Net (repayments of) proceeds from debt ........ (28.5) 3,557.8 (1,578.0) — 1,951.3
Proceeds from sale of common shares for
acquisitions .......................... 501.6 — (501.6) — —
Proceeds from exercise of options ............. 58.3 — 127.4 — 185.7
Dividends paid .......................... (100.3) — — — (100.3)
Repurchase of Tyco common shares ........... — — (789.2) — (789.2)
Financing from parent ..................... — — 258.1 (258.1) —
Repayment of intercompany note payable ....... (295.1) — 295.1 — —
Net capital distributions to parent ............. — — (950.1) 950.1 —
Capital contribution to Tyco Capital ........... — — (200.0) — (200.0)
Other ................................ — — (9.7) — (9.7)
Net cash provided by (used in) financing activities
from continuing operations .............. 136.0 3,557.8 (3,348.0) 692.0 1,037.8
Net cash used in financing activities from
discontinued operations ................. — — (2,874.6) — (2,874.6)
Net cash provided by (used in) financing activities 136.0 3,557.8 (6,222.6) 692.0 (1,836.8)
Net increase in cash and cash equivalents ....... 36.2 2,933.7 2,708.3 — 5,678.2
Tyco Capital’s cash and cash equivalents
transferred to discontinued operations ........ — — (1,272.6) — (1,272.6)
Cash and cash equivalents at beginning of period . . 1.4 37.0 1,741.7 — 1,780.1
Cash and cash equivalents at end of period ...... $ 37.6 $ 2,970.7 $ 3,177.4 $ — $ 6,185.7
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