ADT 2008 Annual Report Download - page 277

TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
24. 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) $ 5,039 $ — $ 1,982
Net cash provided by discontinued operating
activities ............................ — 1,330 2,254 — 3,584
Cash Flows From Investing Activities:
Capital expenditures ....................... — — (556) — (556)
Proceeds from disposal of assets ............... — — 39 — 39
Accounts purchased from 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
Net decrease in intercompany loans ............. — 3,407 — (3,407) —
Decrease in restricted cash ................... — — 20 — 20
Other ................................. — — (18) — (18)
Net cash provided by (used in) investing activities . . — 3,506 (923) (3,407) (824)
Net cash used in discontinued investing activities . . — (1,330) (603) 1,330 (603)
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 ........... — — 2,436 — 2,436
Other ................................. — — (10) — (10)
Net cash provided by (used in) financing activities . 512 (1,008) (4,676) 3,407 (1,765)
Net cash used in discontinued financing activities . . — — (1,363) (1,330) (2,693)
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
25. Subsequent Events
On October 7, 2008, the Company acquired Vue Technology, Inc., a leading provider of radio
frequency identification (RFID) technology, for approximately $43 million to strengthen the technology
portfolio offered to retailers through its Sensormatic business.
174 2008 Financials