Cablevision 2013 Annual Report Download - page 80

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restricted stock awards, payments of deferred financing costs of $21,491, payments on capital lease
obligations of $13,729, and other net cash payments of $1,588, partially offset by proceeds from the
issuance of senior notes of $750,000, net proceeds from collateralized indebtedness and related derivative
contracts of $29,634 and proceeds from stock option exercises of $18,722.
Net cash used in financing activities amounted to $269,778 for the year ended December 31, 2011. In
2011, the Company's financing activities consisted primarily of the repurchase of senior notes and
debentures pursuant to a tender offer of $1,227,307, treasury stock purchases of $555,831, dividend
payments to common stockholders of $162,032, deemed repurchases of restricted stock of $35,555, and
additions to deferred financing costs of $25,186, partially offset by proceeds of $1,000,000 from the
issuance of senior notes, net proceeds of credit facility debt of $684,349, net proceeds from collateralized
indebtedness of $49,850 and other net cash receipts of $1,934.
Continuing Operations - CSC Holdings, LLC
Operating Activities
Net cash provided by operating activities amounted to $1,398,697 for the year ended December 31, 2013
compared to $1,215,009 for the year ended December 31, 2012. The 2013 cash provided by operating
activities resulted from $1,198,491 of income before depreciation and amortization (including
impairments), $88,481 of non-cash items, $81,798 resulting from a decrease in current and other assets
and advances to affiliates, and $29,927 from a increase in accounts payable, other liabilities and amounts
due to affiliates. The increase in cash provided by operating activities of $183,688 in 2013 as compared
to 2012 resulted from an increase of $164,471 resulting from changes in working capital, including the
timing of payments and collections of accounts receivable, among other items and an increase in income
from continuing operations before depreciation and amortization and other non-cash items of $19,217.
Net cash provided by operating activities amounted to $1,215,009 for the year ended December 31, 2012
compared to $1,523,170 for the year ended December 31, 2011. The 2012 cash provided by operating
activities resulted from $1,134,838 of income before depreciation and amortization (including
impairments), $132,917 of non-cash items and $35,761 resulting from a decrease in current and other
assets and advances to affiliates. Partially offsetting these increases were decreases in cash of $33,124
from a decrease in accounts payable, other liabilities and amounts due to affiliates, and $55,383 resulting
from a decrease in liabilities under derivative contracts. The decrease in cash provided by operating
activities of $308,161 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 $461,052, partially offset by
an increase of $152,891 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 $1,523,170 for the year ended December 31, 2011.
The 2011 cash provided by operating activities resulted from $1,272,280 of income before depreciation
and amortization (including impairments), and $456,527 of non-cash items. Partially offsetting these
increases were decreases in cash of $111,895 resulting from a decrease in liabilities under derivative
contracts, $58,484 from a decrease in accounts payable, other liabilities and amounts due to affiliates and
$35,258 resulting from an increase in current and other assets and advances to affiliates.
Investing Activities
Net cash used in investing activities for the year ended December 31, 2013 was $948,658 compared to
$993,072 for the year ended December 31, 2012. The 2013 investing activities consisted primarily of
$951,679 of capital expenditures ($806,678 of which relates to our Cable segment), partially offset by
other net cash receipts of $3,021.