Cincinnati Bell 2009 Annual Report Download - page 166

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Condensed Consolidating Statements of Cash Flows
Year Ended December 31, 2009
(dollars in millions)
Parent
(Guarantor) CBT
Other
(Non-guarantors) Eliminations Total
Cash flows provided by (used in) operating
activities .............................. $(165.1) $ 297.2 $ 133.5 $— $ 265.6
Capital expenditures ....................... (0.6) (126.5) (68.0) — (195.1)
Acquisition of businesses ................... — (0.5) (2.9) — (3.4)
Proceeds/deposits from sales of wireless licenses
and towers ............................. — — 105.9 — 105.9
Other investing activities ................... 0.4 0.5 (2.1) — (1.2)
Cash flows provided by (used in) investing
activities .............................. (0.2) (126.5) 32.9 — (93.8)
Funding between Parent and subsidiaries, net . . . 321.3 (152.8) (168.5) — —
Issuance of long-term debt .................. 492.8 — — — 492.8
Net change in credit and receivables facilities
with initial maturities less than 90 days ...... (53.0) — 10.9 — (42.1)
Repayment of debt ........................ (480.5) (17.6) (8.4) — (506.5)
Common stock repurchase .................. (73.2) — — — (73.2)
Debt issuance costs ........................ (15.3) — — — (15.3)
Other financing activities ................... (11.2) — — — (11.2)
Cash flows provided by (used in) financing
activities .............................. 180.9 (170.4) (166.0) — (155.5)
Increase in cash and cash equivalents ....... 15.6 0.3 0.4 — 16.3
Beginning cash and cash equivalents ........ 4.5 1.8 0.4 — 6.7
Ending cash and cash equivalents .......... $ 20.1 $ 2.1 $ 0.8 $— $ 23.0
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