Cablevision 2014 Annual Report Download - page 111

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F-22
CSC HOLDINGS, LLC AND SUBSIDIARIES
(a wholly-owned subsidiary of Cablevision Systems Corporation)
CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)
Years ended December 31, 2014, 2013 and 2012
(In thousands)
2014 2013 2012
Cash flows from financing activities:
Proceeds from credit facility debt, net of discount .................................................. $ — $ 3,296,760 $ —
Repayment of credit facility debt............................................................................. (990,785)(3,445,751)(519,458)
Proceeds from issuance of senior notes ................................................................... 750,000 — —
Redemption and repurchase of senior notes, including premiums and fees............ —(308,673)(504,501)
Repayment of notes payable.................................................................................... (2,306)(570) —
Proceeds from collateralized indebtedness.............................................................. 416,621 569,561 248,388
Repayment of collateralized indebtedness and related derivative contracts............ (342,105)(508,009)(218,754)
Principal payments on capital lease obligations ...................................................... (15,481)(13,828)(13,729)
Capital contributions from Cablevision................................................................... — — 735,000
Distributions to Cablevision .................................................................................... (396,382)(501,224)(671,809)
Excess tax benefit related to share-based awards .................................................... 4,978 46,164 61,434
Additions to deferred financing costs ...................................................................... (14,273)(27,080)(5,296)
Distributions to noncontrolling interests, net........................................................... (1,014)(1,424)(1,588)
Net cash used in financing activities................................................................... (590,747)(894,074)(890,313)
Net increase (decrease) in cash and cash equivalents from continuing operations.... 157,456 (444,035)(668,376)
Cash flows of discontinued operations:
Net cash provided by (used in) operating activities................................................. (1,199) 199,006 437,280
Net cash provided by (used in) investing activities ................................................. 6,081 646,185 (83,671)
Net cash used in financing activities....................................................................... —(38,735)(7,650)
Effect of change in cash related to discontinued operations.................................... — 31,893 (9,250)
Net increase in cash and cash equivalents from discontinued operations........... 4,882 838,349 336,709
Cash and cash equivalents at beginning of year......................................................... 651,058 256,744 588,411
Cash and cash equivalents at end of year................................................................... $ 813,396 $ 651,058 $ 256,744
See accompanying notes to consolidated financial statements.