Cricket Wireless 2010 Annual Report Download - page 147

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Condensed Consolidating Statement of Cash Flows for the Year Ended December 31, 2008
(in thousands):
Guarantor
Parent
Company
Issuing
Subsidiary
Guarantor
Subsidiary
Non-Guarantor
Subsidiaries
Consolidating
and
Eliminating
Adjustments Consolidated
Operating activities:
Net cash provided by (used in)
operating activities ....... $ 1,033 $355,576 $— $ (5,885) $ (78) $ 350,646
Investing activities:
Acquisition of a business, net
of cash acquired ......... — (31,217) — — — (31,217)
Purchases of and change in
prepayments for purchases
of property and equipment . . — (622,008) — (179,546) — (801,554)
Purchases of and deposits for
wireless licenses and
spectrum clearing costs . . . . — (75,780) — (2,671) — (78,451)
Return of deposit for wireless
licenses ............... — 70,000 — — — 70,000
Purchases of investments. . . . . — (598,015) — — — (598,015)
Sales and maturities of
investments . . . ......... — 521,168 — 11,300 — 532,468
Investments in and advances to
affiliates and consolidated
subsidiaries . . . ......... (7,885) — — — 7,885 —
Purchase of membership units
of equity method
investment ............. — (1,033) — — — (1,033)
Other.................. (19) (2,502) — 345 — (2,176)
Net cash used in investing
activities . . . ......... (7,904) (739,387) — (170,572) 7,885 (909,978)
Financing activities:
Proceeds from issuance of
long-term debt . ......... 242,500 293,250 — — — 535,750
Issuance of related party
debt ................. (242,500) 74,025 — 168,475 — —
Repayment of long-term
debt ................. — (9,000) — (1,500) — (10,500)
Payment of debt issuance
costs................. (1,049) (6,609) — — — (7,658)
Capital contributions, net . . . . 7,885 7,885 — — (7,885) 7,885
Non-controlling interest
distribution . . . ......... — — — (78) 78 —
Other.................. — (41,774) — — — (41,774)
Net cash provided by (used
in) financing activities . . . 6,836 317,777 — 166,897 (7,807) 483,703
Net increase (decrease) in cash
and cash equivalents ........ (35) (66,034) — (9,560) — (75,629)
Cash and cash equivalents at
beginning of period ........ 62 399,153 — 34,122 — 433,337
Cash and cash equivalents at end
of period. ............... $ 27 $333,119 $— $ 24,562 $ — $ 357,708
141
LEAP WIRELESS INTERNATIONAL, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)