Cablevision 2012 Annual Report Download - page 82

(76)
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 relating 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 provided by financing activities amounted to $897,963 for the year ended December 31, 2012
compared to net cash used in financing activities of $449,672 for the year ended December 31, 2011. In
2012, the Company's financing activities consisted primarily of net repayments of credit facility debt of
$527,108, the repayment and repurchase of senior notes of $504,501, payments on capital leases of
$13,729, and other net cash payments of $6,884, partially offset by net capital contributions from
Cablevision of $63,191, net effect of excess tax benefit on share-based awards of $61,434 and net
proceeds from collateralized indebtedness and related derivative contracts of $29,634.
Net cash used in financing activities amounted to $449,672 for the year ended December 31, 2011
compared to net cash provided by financing activities of $695,906 for the year ended December 31, 2010.
In 2011, CSC Holding's financing activities consisted primarily of the repayment and repurchase of senior
notes and debentures pursuant to a tender offer of $1,227,307, net distributions made to Cablevision of
$929,947, additions to deferred financing costs of $25,626, partially offset by net proceeds of credit
facility debt of $676,699, proceeds of $1,000,000 from the issuance of senior notes, net proceeds from
collateralized indebtedness of $49,850 and other net cash receipts of $6,659.
Net cash provided by financing activities amounted to $695,906 for the year ended December 31, 2010
and consisted primarily of net proceeds of credit facility debt of $1,037,712 and proceeds of $250,000
from the issuance of senior notes, partially offset by net distributions made to Cablevision of $551,013,
additions to deferred financing costs of $39,131 and other net cash payments of $1,662.
Discontinued Operations - Cablevision Systems Corporation and CSC Holdings, LLC
The net effect of discontinued operations on cash and cash equivalents amounted to a cash inflow of
$346,955, $10,008, and $60,818 for the years ended December 31, 2012, 2011 and 2010, respectively.
Operating Activities
Net cash provided by operating activities of discontinued operations amounted to $346,955 for the year
ended December 31, 2012 compared to $129,114 for the year ended December 31, 2011. The 2012 cash
provided by operating activities resulted primarily from the net proceeds of the litigation settlement with
DISH Network.