Cincinnati Bell 2013 Annual Report Download - page 269

Form 10-K/A Part IV Cincinnati Bell Inc.
CyrusOne Inc. and CyrusOne LP
NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS—(continued)
Year Ended December 31, 2011
(dollars in millions)
Parent
Guarantor
General
Partner
LP
Co-issuer
Finance
Co-issuer Guarantors
Non-
Guarantors Eliminations Total
Net income (loss) ............... $— $— $— $— $ 1.5 $(1.2) $ 1.2 $ 1.5
Equity loss related to investment in
subsidiaries .................. — — — — 1.2 — (1.2) —
Adjustments to reconcile net (loss)
income to net cash provided by
operating activities ............ — — — — 61.6 0.4 — 62.0
Changes in operating assets and
liabilities, net of effects of
acquisitions:
Increase in receivables and other
assets ....................... — — — — (2.9) (0.4) — (3.3)
(Decrease) increase in accounts
payable and accrued expenses . . . — — — — 3.2 0.3 — 3.5
Increase (decrease) in payables to
related parties ................ — — — — 2.3 — — 2.3
Net cash provided by operating
activities .................... — — — — 66.9 (0.9) — 66.0
Cash flows from investing activities:
Capital expenditures - acquisitions
of real estate ................. — — — — (22.4) — — (22.4)
Advances to affiliate ............. — — — — (95.1) — — (95.1)
Intercompany advances, net ....... — — — — 11.6 — — 11.6
Other, net ..................... — — — — 0.1 — — 0.1
Net cash used in investing
activities .................... — — — — (105.8) — — (105.8)
Cash flows from financing activities:
Borrowings from affiliates, net .... — — — — 66.6 — — 66.6
Payment on capital lease
obligations .................. — — — — (7.0) — — (7.0)
Payments on financing
obligations .................. — — — — (16.2) — — (16.2)
Distributions to parent, net ........ — — — — (8.9) 1.1 — (7.8)
Other, net ..................... — — — — (0.1) — — (0.1)
Net cash used in financing
activities .................... — — — — 34.4 1.1 — 35.5
Net increase (decrease) in cash and
cash equivalents .............. — — — — (4.5) 0.2 — (4.3)
Cash and cash equivalents at
beginning of period ........... — — — — 4.9 — — 4.9
Cash and cash equivalents at end of
period ...................... $— $— $— $— $ 0.4 $0.2 $ — $ 0.6
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Form 10-K/A