ADT 2007 Annual Report Download - page 265

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 29, 2006
($ 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 ....................... $(513) $(2,544) $ 5,050 $ — $ 1,993
Net cash provided by discontinued
operating activities ................ — 1,330 2,244 — 3,574
Cash Flows From Investing Activities:
Capital expenditures .................. — — (558) — (558)
Proceeds from disposal of assets .......... — — 39 — 39
Acquisition of customer accounts (ADT dealer
program) ........................ — — (373) — (373)
Acquisition of businesses, net of cash acquired — — (5) — (5)
Divestiture of businesses, net of cash retained — — 11 — 11
Decrease (increase) in investments ........ — 99 (41) — 58
Decrease in intercompany loans .......... — 3,407 — (3,407) —
Decrease in restricted cash ............. — — 20 — 20
Other ............................ — — (20) — (20)
Net cash provided by (used in) investing
activities ....................... — 3,506 (927) (3,407) (828)
Net cash used in discontinued investing
activities ....................... — (1,330) (599) 1,330 (599)
Cash Flows From Financing Activities:
Net repayments of debt ................ (2) (1,008) (80) — (1,090)
Proceeds from exercise of share options ..... 213 — 36 — 249
Dividends paid ...................... (806) — — — (806)
Repurchase of common shares by subsidiary . . — — (2,544) — (2,544)
Net intercompany loan borrowings
(repayments) ..................... 1,107 — (4,514) 3,407 —
Transfer from discontinued operations ...... — — 2,429 — 2,429
Other ............................ — — (10) — (10)
Net cash provided by (used in) financing
activities ....................... 512 (1,008) (4,683) 3,407 (1,772)
Net cash used in discontinued financing
activities ....................... — — (1,357) (1,330) (2,687)
Effect of currency translation on cash ...... — — 21 — 21
Effect of currency translation on cash related
to discontinued operations ............ — — 21 — 21
Net decrease in cash and cash equivalents . . . (1) (46) (230) — (277)
Less: net increase in cash related to
discontinued operations .............. — — (309) — (309)
Cash and cash equivalents at beginning of
year ........................... 3 1,204 1,572 — 2,779
Cash and cash equivalents at end of year . . . $ 2 $ 1,158 $ 1,033 $ — $ 2,193
2007 Financials 173