ADT 2007 Annual Report Download - page 264

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
25. Tyco International Finance S.A. (Continued)
CONSOLIDATING STATEMENT OF CASH FLOWS
For the Year Ended September 28, 2007
($ in millions)
Tyco Tyco
International International Other Consolidating
Ltd. Finance S.A Subsidiaries Adjustments Total
Cash Flows From Operating Activities:
Net cash (used in) provided by operating
activities ........................ $ (930) $6,560 $(3,794) $ — $ 1,836
Net cash provided by discontinued operating
activities ........................ — 78 2,397 — 2,475
Cash Flows From Investing Activities:
Capital expenditures ................... — — (669) — (669)
Proceeds from disposal of assets ............ — — 23 — 23
Acquisition of customer accounts (ADT dealer
program) ......................... — — (409) — (409)
Acquisition of businesses, net of cash acquired . . — — (31) — (31)
Divestiture of businesses, net of cash retained . . . — — 8 — 8
Class action settlement escrow ............. (2,960) — — — (2,960)
Liquidation of rabbi trust investments ........ — — 271 — 271
Decrease in investments ................. — — 4 — 4
Decrease (increase) in investment in subsidiaries . 2,971 (4,507) 132 1,404 —
Increase in intercompany loans ............ — (2,135) — 2,135 —
Decrease in restricted cash ............... — — 5 — 5
Other ............................. — — 14 — 14
Net cash provided by (used in) investing
activities ........................ 11 (6,642) (652) 3,539 (3,744)
Net cash used in discontinued investing
activities ........................ — (78) (805) 78 (805)
Cash Flows From Financing Activities:
Net repayments of debt ................. — (5,924) (4) — (5,928)
Proceeds from exercise of share options ....... 369 — 37 — 406
Dividends paid ....................... (791) — — — (791)
Repurchase of common shares by subsidiary .... — — (727) — (727)
(Decrease) increase in equity from parent ..... — (2,977) 4,381 (1,404) —
Net intercompany loan borrowings .......... 1,355 — 780 (2,135) —
Transfer from discontinued operations ........ — 7,825 742 — 8,567
Other ............................. — — 12 — 12
Net cash provided by (used in) financing
activities ........................ 933 (1,076) 5,221 (3,539) 1,539
Net cash used in discontinued financing
activities ........................ — — (854) (78) (932)
Effect of currency translation on cash ........ — — 70 — 70
Effect of currency translation on cash related to
discontinued operations ................ — — 33 — 33
Net increase (decrease) in cash and cash
equivalents ........................ 14 (1,158) 1,616 — 472
Less: net increase in cash related to discontinued
operations ........................ — — (771) — (771)
Cash and cash equivalents at beginning of year . 2 1,158 1,033 — 2,193
Cash and cash equivalents at end of year ..... $ 16 $ — $1,878 $ — $ 1,894
172 2007 Financials