First Data 2013 Annual Report Download - page 62
Download and view the complete annual report
Please find page 62 of the 2013 First Data 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.-
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
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
 |
 |
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss $(692.1) $ (527.3) $ (336.1)
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization (including amortization netted against equity earnings
in affiliates and revenues) 1,211.9 1,330.9 1,344.2
Charges (gains) related to other operating expenses and other income (expense) 102.9 122.5 (77.7)
Other non-cash and non-operating items, net (8.8)(40.2) 27.7
Increase (decrease) in cash, excluding the effects of acquisitions and dispositions,
resulting from changes in:
Accounts receivable, current and long-term 63.3 (49.8)256.7
Other assets, current and long-term 2.8 260.0 239.3
Accounts payable and other liabilities, current and long-term (1.2)(34.6)(1.2)
Income tax accounts (6.1) (294.1)(337.3)
Net cash provided by operating activities 672.7 767.4 1,115.6
CASH FLOWS FROM INVESTING ACTIVITIES
Current year acquisitions, net of cash acquired (12.1)(32.9) (19.2)
Contributions to equity method investments — (7.9) (161.5)
Payments related to other businesses previously acquired 0.2 (4.4)3.2
Proceeds from dispositions, net of expenses paid and cash disposed 18.1 — 1.7
Proceeds from sale of property and equipment 11.8 8.0 17.1
Additions to property and equipment (194.1)(193.1)(202.9)
Payments to secure customer service contracts, including outlays for conversion, and
capitalized systems development costs (184.4)(177.2)(201.9)
Other investing activities 7.4 10.4 4.9
Net cash used in investing activities (353.1)(397.1)(558.6)
CASH FLOWS FROM FINANCING ACTIVITIES
Short-term borrowings, net (109.6) 99.1 (107.3)
Accrued interest funded upon issuance of notes 48.7 6.5 —
Debt modification (payments) proceeds and related financing costs (59.0) 10.8 (39.7)
Principal payments on long-term debt (92.2) (83.3)(104.5)
Proceeds from sale-leaseback transactions —13.8 14.2
Distributions and dividends paid to noncontrolling interests and redeemable
noncontrolling interest (224.5)(261.9)(327.3)
Contributions from noncontrolling interests — — 0.8
Purchase of noncontrolling interests (23.7) (25.1) —
Capital contributed by Parent 6.5 — —
Redemption of Parent’s redeemable common stock (8.3)(1.7)(0.5)
Cash dividends (28.0) (6.7) (0.2)
Net cash used in financing activities (490.1)(248.5)(564.5)
Effect of exchange rate changes on cash and cash equivalents (12.5) 0.8 (16.3)
Change in cash and cash equivalents (183.0)122.6 (23.8)
Cash and cash equivalents at beginning of period 608.3 485.7 509.5
Cash and cash equivalents at end of period $425.3 $608.3 $ 485.7
See Notes to Consolidated Financial Statements.
61