Cablevision 2013 Annual Report Download - page 81

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Net cash used in investing activities for the year ended December 31, 2012 was $993,072 compared to
$735,228 for the year ended December 31, 2011. The 2012 investing activities consisted primarily of
$991,586 of capital expenditures ($850,061 of which relates to our Cable segment) and other net cash
payments of $1,486.
Net cash used in investing activities for the year ended December 31, 2011 was $735,228. The 2011
investing activities consisted primarily of capital expenditures of $725,876 ($568,458 of which relate to
our Cable segment), additions to other intangible assets of $10,797, partially offset by other net cash
receipts of $1,445.
Financing Activities
Net cash used in financing activities amounted to $894,074 for the year ended December 31, 2013
compared to $890,313 for the year ended December 31, 2012. In 2013, the Company's financing
activities consisted primarily of distributions to Cablevision of $501,224, payments to redeem and
repurchase senior notes, including premiums and fees, of $308,673, net repayments of credit facility debt
of $148,991, additions to deferred financings costs of $27,080, principal payments on capital lease
obligations of $13,828 and other cash payments of $1,994, partially offset by cash receipts from net
proceeds from collateralized indebtedness of $61,552, and an excess tax benefit related to share-based
awards of $46,164.
Net cash used in financing activities amounted to $890,313 for the year ended December 31, 2012
compared $441,582 for the year ended December 31, 2011. In 2012, the Company's financing activities
consisted primarily of net repayments of credit facility debt of $519,458, the redemption and repurchase
of senior notes of $504,501, payments on capital leases of $13,729, additions to deferred financings costs
of $5,296, and other net cash payments of $1,588, 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 $441,582 for the year ended December 31, 2011. In
2011, CSC Holding's financing activities consisted primarily of the 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 $25,186, and other net cash payments of $4,537, 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 net effect of excess tax benefit on
share-based awards of $11,196.
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
$838,349, $336,709, and $1,262 for the years ended December 31, 2013, 2012 and 2011, respectively.
Operating Activities
Net cash provided by operating activities of discontinued operations amounted to $199,006 for the year
ended December 31, 2013 compared to $437,280 for the year ended December 31, 2012. The 2013 cash
provided by operating activities resulted from income of $214,225 before depreciation and amortization
(including impairments) and other non-cash items and a $2,087 increase in accounts payable and accrued
liabilities. These increases were partially offset by a decrease in cash of $17,306 resulting from an
increase in current and other assets.
Net cash provided by operating activities of discontinued operations amounted to $437,280 for the year
ended December 31, 2012 compared to $221,661 for the year ended December 31, 2011. The 2012 cash