GNC 2011 Annual Report Download - page 123
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Table of Contents
NOTE 25. SUPPLEMENTAL GUARANTOR INFORMATION (Continued)
Supplemental Condensed Consolidating Statements of Cash Flows
Year ended December 31, 2009
Parent/
Issuer
Combined
Guarantor
Subsidiaries
Combined
Non-Guarantor
Subsidiaries Consolidated
(in thousands)
NET CASH PROVIDED BY OPERATING ACTIVITIES: $ — $ 109,200 $ 4,757 $ 113,957
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures (2,446) (22,470) (3,766) (28,682)
Investment/distribution 129,379 (129,379) — —
Acquisition of the Company (11,268) — — (11,268)
Other investing — (2,224) — (2,224)
Net cash provided by (used in) investing activities 115,665 (154,073) (3,766) (42,174)
CASH FLOWS FROM FINANCING ACTIVITIES:
GNC Corporation investment in General Nutrition Centers, Inc (278) — — (278)
Dividend payment (13,600) — — (13,600)
Financing fees (45) — — (45)
Other financing (23,945) (5) (1,377) (25,327)
Net cash used in financing activities (37,868) (5) (1,377) (39,250)
Effect of exchange rate on cash — — 249 249
Net increase (decrease) in cash 77,797 (44,878) (137) 32,782
Beginning balance, cash — 40,077 2,230 42,307
Ending balance, cash $ 77,797 $ (4,801) $ 2,093 $ 75,089
Supplemental Condensed Consolidating Statements of Cash Flows
Year ended December 31, 2008
Parent/
Issuer
Combined
Guarantor
Subsidiaries
Combined
Non-Guarantor
Subsidiaries Consolidated
(unaudited)
(in thousands)
NET CASH PROVIDED BY OPERATING ACTIVITIES: $ — $ 71,618 $ 5,638 $ 77,256
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures — (43,767) (4,899) (48,666)
Investment/distribution 13,056 (13,056) — —
Acquisition of intangible — (1,000) — (1,000)
Acquisition of the Company (10,842) — — (10,842)
Other investing — 83 — 83
Net cash provided by (used in) investing activities 2,214 (57,740) (4,899) (60,425)
CASH FLOWS FROM FINANCING ACTIVITIES:
GNC Corporation investment in General Nutrition Centers, Inc (832) — — (832)
Other financing (1,382) 109 (1,217) (2,490)
Net cash provided by (used in) financing activities (2,214) 109 (1,217) (3,322)
Effect of exchange rate on cash — — (56) (56)
Net increase (decrease) in cash — 13,987 (534) 13,453
Beginning balance, cash — 26,090 2,764 28,854
Ending balance, cash $ — $ 40,077 $ 2,230 $ 42,307
117