Allegheny Power 2010 Annual Report Download - page 146

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131
FIRSTENERGY SOLUTIONS CORP.
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the Year Ended December 31, 2009 FES FGCO NGC Eliminations Consolidated
(In thousands)
NET CASH PROVIDED FROM (USED FOR)
OPERATING ACTIVITIES $ (20,027) $ 790,411 $ 621,649 $ (17,744) $ 1,374,289
CASH FLOWS FROM FINANCING ACTIVITIES:
New Financing-
Long-term debt 1,498,087 576,800 363,515 - 2,438,402
Equity contributions from parent - 100,000 150,000 (250,000) -
Redemptions and Repayments-
Long-term debt (1,766) (320,754) (404,383) 17,747 (709,156)
Short-term borrowings, net (901,119) (248,120) (6,347) - (1,155,586)
Other (12,054) (6,157) (3,576) (3) (21,790)
Net cash provided from financing activities 583,148 101,769 99,209 (232,256) 551,870
CASH FLOWS FROM INVESTING ACTIVITIES:
Property additions (4,372) (671,691) (546,869) - (1,222,932)
Proceeds from asset sales - 18,371 - - 18,371
Sales of investment securities held in trusts - - 1,379,154 - 1,379,154
Purchases of investment securities held in trusts - - (1,405,996) - (1,405,996)
Loans to associated companies, net (309,175) (218,890) (147,863) - (675,928)
Investment in subsidiary (250,000) - - 250,000 -
Other 426 (20,006) 725 - (18,855)
Net cash used for investing activities (563,121) (892,216) (720,849) 250,000 (1,926,186)
Net change in cash and cash equivalents - (36) 9 - (27)
Cash and cash equivalents at beginning of period - 39 - - 39
Cash and cash equivalents at end of period $ - $ 3 $ 9 $ - $ 12