ADT 2007 Annual Report Download - page 266

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 30, 2005
($ 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 ....................... $628 $2,545 $ (846) $ — $ 2,327
Net cash provided by discontinued
operating activities ................ — 58 3,833 — 3,891
Cash Flows From Investing Activities:
Capital expenditures .................. — — (516) — (516)
Proceeds from disposal of assets .......... — — 53 — 53
Acquisition of customer accounts (ADT dealer
program) ........................ — — (328) — (328)
Acquisition of businesses, net of cash acquired — — (6) — (6)
Divestiture of businesses, net of cash retained — — 21 — 21
Increase in investments ................ — (99) (215) — (314)
Decrease in intercompany loans .......... — 1,080 — (1,080) —
Decrease in restricted cash ............. — — 7 — 7
Other ............................ — — (12) — (12)
Net cash provided by (used in) investing
activities ....................... — 981 (996) (1,080) (1,095)
Net cash used in discontinued investing
activities ....................... — (58) (659) 58 (659)
Cash Flows From Financing Activities:
Net repayments of debt ................ — (4,772) (18) — (4,790)
Proceeds from exercise of share options ..... — — 226 — 226
Dividends paid ...................... (628) — — — (628)
Repurchase of common shares by subsidiary . . — — (300) — (300)
Net intercompany loan repayments ........ — — (1,080) 1,080 —
Transfer from discontinued operations ...... — — 3,080 — 3,080
Other ............................ 2 (2) (11) — (11)
Net cash (used in) provided by financing
activities ....................... (626) (4,774) 1,897 1,080 (2,423)
Net cash used in discontinued financing
activities ....................... — — (3,317) (58) (3,375)
Effect of currency translation on cash ...... — — 52 — 52
Effect of currency translation on cash related
to discontinued operations ............ — — 13 — 13
Net increase (decrease) in cash and cash
equivalents ....................... 2 (1,248) (23) — (1,269)
Less: net decrease in cash related to
discontinued operations .............. — — 130 — 130
Cash and cash equivalents at beginning of
year ........................... 1 2,452 1,465 — 3,918
Cash and cash equivalents at end of year . . . $ 3 $ 1,204 $ 1,572 $ — $ 2,779
26. Subsequent Events
During October, the Company repurchased 1.6 million common shares for $74 million under the
$1.0 billion share repurchase program approved by the Board of Directors in September 2007.
174 2007 Financials