Cablevision 2012 Annual Report Download - page 80

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and amounts due to affiliates. The decrease in cash provided by operating activities of $246,196 in 2012
as compared to 2011 resulted from a decrease in income from continuing operations before depreciation
and amortization and other non-cash items of $340,612, partially offset by an increase of $94,416
resulting from changes in working capital, including the timing of payments and collections of accounts
receivable, among other items.
Net cash provided by operating activities amounted to $1,397,729 for the year ended December 31, 2011
compared to $1,359,618 for the year ended December 31, 2010. The 2011 cash provided by operating
activities resulted from $1,253,632 of income before depreciation and amortization (including
impairments), $359,382 of non-cash items and a $9,500 increase in deferred revenue. Partially offsetting
these increases were decreases in cash of $111,895 resulting from a decrease in liabilities under derivative
contracts, a $49,036 increase in current and other assets and advances to affiliates and a $63,854 decrease
in accounts payable, other liabilities and amounts due to affiliates. The increase in cash provided by
operating activities of $38,111 in 2011 as compared to 2010 resulted from an increase in income from
continuing operations before depreciation and amortization and other non-cash items of $199,515
partially offset by a decrease of $161,404 resulting from changes in working capital, including the timing
of payments and collections of accounts receivable, among other items.
Net cash provided by operating activities amounted to $1,359,618 for the year ended December 31, 2010.
The 2010 cash provided by operating activities resulted from $1,094,841 of income before depreciation
and amortization (including impairments), $318,658 of non-cash items and a $70,156 increase in accounts
payable, other liabilities and amounts due to affiliates. Partially offsetting these increases were decreases
in cash of $79,854 resulting from an increase in current and other assets and advances to affiliates and a
$44,183 decrease in liabilities under derivative contracts.
Investing Activities
Net cash used in investing activities for the year ended December 31, 2012 was $1,076,743 compared to
$831,913 for the year ended December 31, 2011. The 2012 investing activities consisted primarily of
$1,075,255 of capital expenditures ($1,025,325 of which relates to our Telecommunications Services
segment) and other net cash payments of $1,488.
Net cash used in investing activities for the year ended December 31, 2011 was $831,913 compared to
$2,272,029 for the year ended December 31, 2010. The 2011 investing activities consisted primarily of
capital expenditures of $814,807 ($760,287 of which relate to our Telecommunications Services
segment), additions to other intangible assets of $10,797 and payments related to the acquisition of
Bresnan Cable of $7,776, partially offset by other net cash receipts of $1,467.
Net cash used in investing activities for the year ended December 31, 2010 was $2,272,029 and consisted
primarily of $1,356,500 of payments related primarily to the acquisition of Bresnan Cable, $823,245 of
capital expenditures ($779,928 of which relate to our Telecommunications Services segment) and net
contributions to AMC Networks (reflected in discontinued operations) of $99,614, partially offset by
other net cash receipts of $7,330.
Financing Activities
Net cash used in financing activities amounted to $669,189 for the year ended December 31, 2012
compared to $277,868 for the year ended December 31, 2011. In 2012, the Company's financing
activities consisted primarily of the repayment and repurchase of senior notes of $531,326, net
repayments of credit facility debt of $527,108, treasury stock purchases of $188,600, dividend payments
to common stockholders of $163,872, payments of $19,831 resulting from the net share settlement of
restricted stock awards, payments on capital lease obligations of $13,729, payments of deferred financing
costs of $21,491 and other net cash payments of $1,588, partially offset by proceeds from the issuance of