Cablevision 2012 Annual Report Download - page 106

CABLEVISION SYSTEMS CORPORATION
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
STATEMENTS OF CASH FLOWS
Years ended December 31, 2012, 2011 and 2010
(Dollars in thousands)
(100)
2012 2011 2010
Cash flows from operating activities:
Income from continuing operations ...................................... $ 33,273 $ 238,234 $ 207,100
Adjustments to reconcile income from continuing
operations to net cash used in operating activities:
Equity in income of affiliates, net of income taxes ........ (186,011) (372,654) (420,429)
Loss on extinguishment of debt and write-off of
deferred financing costs .............................................. - - 110,049
Amortization of deferred financing costs, discounts
on indebtedness and other costs ................................. 6,379 5,599 8,546
Deferred income taxes ................................................... (61,252) (96,185) (137,119)
Amounts due to/from other affiliates ................................. 29,305 1,745 (16,935)
Amounts due to/from CSC Holdings ................................. (34,558) 6,742 (5,332)
Change in assets and liabilities .......................................... (2,371) (12,665) 5,711
Net cash used in operating activities ................................. (215,235) (229,184) (248,409)
Cash flows from investing activities:
Distributions from (contributions to) affiliates ..................... (63,191) 929,947 551,013
Net cash provided by (used in) investing activities ........... (63,191) 929,947 551,013
Cash flows from financing activities:
Proceeds from issuance of senior notes ................................. 750,000 - 1,250,000
Repayment and repurchase of senior notes and
debentures, including tender premiums and fees ............... (26,825) - (1,078,212)
Dividend distributions to common stockholders ................... (163,872) (162,032) (140,734)
Proceeds from stock option exercises and settlements .......... 18,722 6,471 21,788
Deemed repurchases of restricted stock ................................ (19,831) (35,555) (22,542)
Purchase of shares of CNYG Class A common stock,
pursuant to a share repurchase program, held as
treasury shares ................................................................... (188,600) (555,831) (300,247)
Additions to deferred financing costs.................................... (16,195) - (26,572)
Net cash provided by (used in) financing activities ........... 353,399 (746,947) (296,519)
Net increase (decrease) in cash and cash equivalents ............... 74,973 (46,184) 6,085
Cash and cash equivalents at beginning of year ....................... 893 47,077 40,992
Cash and cash equivalents at end of year ................................. $ 75,866 $ 893 $ 47,077
See accompanying note to condensed financial statements.