Cricket Wireless 2010 Annual Report Download - page 165

Download and view the complete annual report

Please find page 165 of the 2010 Cricket Wireless annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

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 operating
activities . . . . . . . . . . . . . . . . . . $ 1,033 $ 349,691 $— $— $ (78) $ 350,646
Investing activities:
Acquisition of a business . . . . . . . . — (31,217) — — — (31,217)
Purchases of and change in
prepayments for purchases of
property and equipment. . . . . . . . — (801,554) — — — (801,554)
Purchases of and deposits for
wireless licenses and spectrum
clearing costs . . . . . . . . . . . . . . . — (78,451) — — — (78,451)
Return of deposit for wireless
licenses . . . . . . . . . . . . . . . . . . . — 70,000 — — — 70,000
Purchases of investments . . . . . . . . — (598,015) — — — (598,015)
Sales and maturities of
investments . . . . . . . . . . . . . . . . — 532,468 — — — 532,468
Investments in and advances to
affiliates and consolidated
subsidiaries . . . . . . . . . . . . . . . . (7,885) — — — 7,885 —
Purchase of membership units of
equity method investments. . . . . . — (1,033) — — — (1,033)
Change in restricted cash . . . . . . . . (19) (2,157) — — — (2,176)
Net cash used in investing
activities . . . . . . . . . . . . . . . . (7,904) (909,959) — — 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) 242,500 — — — —
Repayment of long-term debt . . . . . — (10,500) — — — (10,500)
Payment of debt issuance costs . . . . (1,049) (6,609) — — — (7,658)
Capital contributions, net . . . . . . . . — 7,885 — — (7,885) —
Non-controlling interest
distribution . . . . . . . . . . . . . . . . — (78) — — 78 —
Proceeds from issuance of common
stock. . . . . . . . . . . . . . . . . . . . . 7,885 — — — — 7,885
Other . . . . . . . . . . . . . . . . . . . . . . — (41,774) — — — (41,774)
Net cash provided by financing
activities . . . . . . . . . . . . . . . . 6,836 484,674 — — (7,807) 483,703
Net decrease in cash and cash
equivalents . . . . . . . . . . . . . . . . . . (35) (75,594) — — — (75,629)
Cash and cash equivalents at beginning
of period. . . . . . . . . . . . . . . . . . . . 62 433,275 — — — 433,337
Cash and cash equivalents at end of
period. . . . . . . . . . . . . . . . . . . . . . $ 27 $ 357,681 $— $— $ — $ 357,708
A-9
LEAP WIRELESS INTERNATIONAL, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)