ADT 2002 Annual Report Download - page 134

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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, 2001
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Group S.A. Subsidiaries Adjustments Total
Cash Flows From Operating Activities:
Net cash provided by (used in) operating
activities from continuing operations ....... $ 2,090.5 $ (291.1) $ 4,890.7 $ — $ 6,690.1
Net cash used in operating activities from
discontinued operations ................ — — (260.2) — (260.2)
Net cash provided by (used in) operating
activities .......................... 2,090.5 (291.1) 4,630.5 — 6,429.9
Cash Flows From Investing Activities:
Purchase of property, plant and equipment, net . . . (0.2) (0.1) (1,773.1) — (1,773.4)
Construction in progress—Tyco Global Network . . — — (2,247.7) — (2,247.7)
Acquisition of businesses, net of cash acquired . . . — — (9,962.0) — (9,962.0)
Acquisition of customer accounts (ADT dealer
program) ........................... — — (798.1) — (798.1)
Cash paid for purchase accounting and holdback/
earn-out liabilities ..................... — — (878.7) — (878.7)
Disposal of businesses, net of cash sold ........ — — 904.4 — 904.4
Net proceeds from (purchases of) investments .... 5.9 — (148.7) — (142.8)
Decrease (increase) in intercompany loans ...... 54.8 (5,993.5) — 5,938.7 —
(Increase) decrease in investment in subsidiaries . . (10,621.3) (2.8) 8,985.0 1,639.1 —
Other ............................... — — (177.2) — (177.2)
Net cash used in investing activities from
continuing operations ................. (10,560.8) (5,996.4) (6,096.1) 7,577.8 (15,075.5)
CIT cash balance acquired ............... — — 2,156.4 — 2,156.4
Net cash provided by investing activities from
discontinued operations ................ — — 1,516.8 — 1,516.8
Net cash used in investing activities ......... (10,560.8) (5,996.4) (2,422.9) 7,577.8 (11,402.3)
Cash Flows From Financing Activities:
Net proceeds from (repayments of) debt ....... 3,374.9 6,320.9 (1,160.2) — 8,535.6
Proceeds from sale of common shares ......... 2,196.6 — — — 2,196.6
Proceeds from sale of common shares for
acquisitions .......................... 2,729.4 — (2,729.4) — —
Proceeds from exercise of options and warrants . . . 226.6 — 318.4 — 545.0
Dividends paid ......................... (90.0) — — — (90.0)
Repurchase of Tyco common shares ........... — — (1,326.1) — (1,326.1)
Financing from parent, net ................. — — 5,938.7 (5,938.7) —
Net capital contributions from parent .......... — — 1,639.1 (1,639.1) —
Repurchase of minority interest shares of
subsidiary ........................... — — (270.0) — (270.0)
Capital contributions to Tyco Capital .......... — — (675.0) — (675.0)
Other ............................... — — (15.4) — (15.4)
Net cash provided by financing activities from
continuing operations ................. 8,437.5 6,320.9 1,720.1 (7,577.8) 8,900.7
Net cash used in financing activities from
discontinued operations ................ — — (2,605.0) — (2,605.0)
Net cash provided by (used in) financing
activities .......................... 8,437.5 6,320.9 (884.9) (7,577.8) 6,295.7
Net (decrease) increase in cash and cash
equivalents .......................... (32.8) 33.4 1,322.7 — 1,323.3
Tyco Capital’s cash and cash equivalents
transferred to discontinued operations ....... — — (808.0) — (808.0)
Cash and cash equivalents at beginning of period . 34.2 3.6 1,227.0 — 1,264.8
Cash and cash equivalents at end of period ..... $ 1.4 $ 37.0 $ 1,741.7 $ — $ 1,780.1
132