Cricket Wireless 2011 Annual Report Download - page 149

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LEAP WIRELESS INTERNATIONAL, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Condensed Consolidating Statement of Cash Flows for the Year Ended December 31, 2010 (unaudited and
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 ........................ $ 19 $ 231,036 $— $81,373 $ (150) $ 312,278
Investing activities:
Acquisition of a business ............. — (40,730) — — — (40,730)
Purchases of and change in prepayments
for purchases of property and
equipment ....................... — (391,574) — (5,908) — (397,482)
Purchases of wireless licenses and
spectrum clearing costs ............. — (9,319) — (4,000) — (13,319)
Purchases of investments ............. — (488,450) — — — (488,450)
Sales and maturities of investments ..... — 816,247 — — — 816,247
Investments in and advances to affiliates
and consolidated subsidiaries ........ (1,535) — — — 1,535 —
Purchase of membership units of equity
investment ....................... — (967) — — — (967)
Change in restricted cash ............. — 749 — — — 749
Net cash provided by (used in)
investing activities .............. (1,535) (114,044) — (9,908) 1,535 (123,952)
Financing activities:
Proceeds from issuance of long-term
debt ............................ — 1,179,876 — — — 1,179,876
Issuance of related party debt .......... — (5,000) — 5,000 — —
Repayment of long-term debt .......... — (1,118,096) — — — (1,118,096)
Payment of debt issuance costs ......... — (1,308) — — — (1,308)
Capital contributions, net ............. — 1,535 — — (1,535) —
Purchase of non-controlling interest ..... — (77,664) — — — (77,664)
Non-controlling interest distribution ..... — (150) — — 150 —
Non-controlling interest contribution .... — — — 5,100 — 5,100
Proceeds from the issuance of common
stock, net ........................ 1,535 — — — — 1,535
Other ............................. — (1,978) — — — (1,978)
Net cash provided by (used in)
financing activities .............. 1,535 (22,785) — 10,100 (1,385) (12,535)
Net increase in cash and cash
equivalents ........................ 19 94,207 — 81,565 — 175,791
Cash and cash equivalents at beginning of
period ............................ 66 174,933 — — — 174,999
Cash and cash equivalents at end of
period ............................ $ 85 $ 269,140 $— $81,565 $ — $ 350,790
139