HR Block 2005 Annual Report Download - page 143

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H&R Block, Inc. BFC Other Consolidated
April 30, 2004 (as restated) (Guarantor) (Issuer) Subsidiaries Eliminations H&R Block
Cash & cash equivalents $ – $ 133,188 $ 939,557 $ – $1,072,745
Cash & cash equivalents — restricted – 532,201 13,227 – 545,428
Receivables from customers, brokers and dealers, net – 625,076 – – 625,076
Receivables, net 180 150,188 178,851 – 329,219
Intangible assets and goodwill, net – 457,661 829,283 – 1,286,944
Investments in subsidiaries 4,214,499 205 297 (4,214,499) 502
Other assets (145) 1,125,578 247,758 (373) 1,372,818
Total assets $4,214,534 $3,024,097 $ 2,208,973 $(4,214,872) $5,232,732
Accounts payable to customers, brokers and dealers $ – $1,065,793 $ – $ – $1,065,793
Long-term debt – 498,225 47,586 – 545,811
Other liabilities 15,879 580,331 1,204,542 561 1,801,313
Net intercompany advances 2,378,840 (317,187) (2,061,092) (561) –
Stockholders’ equity 1,819,815 1,196,935 3,017,937 (4,214,872) 1,819,815
Total liabilities and stockholders’ equity $4,214,534 $3,024,097 $ 2,208,973 $(4,214,872) $5,232,732
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(in 000s)
H&R Block, Inc. BFC Other Consolidated
Year Ended April 30, 2005 (Guarantor) (Issuer) Subsidiaries Eliminations H&R Block
Net cash provided by operating activities: $ 39,134 $ 134,608 $ 340,051 $ – $ 513,793
Cash flows from investing activities:
Cash received on residual interests – 136,045 – – 136,045
Purchases of property & equipment, net – (66,255) (143,203) – (209,458)
Payments made for business acquisitions – – (37,621) – (37,621)
Net intercompany advances 497,774 – – (497,774) –
Other, net – 33,710 18,914 – 52,624
Net cash provided by (used in) investing activities 497,774 103,500 (161,910) (497,774) (58,410)
Cash flows from financing activities:
Repayments of commercial paper – (5,191,623) – – (5,191,623)
Proceeds from issuance of commercial paper – 5,191,623 – – 5,191,623
Repayments of long-term debt – (250,000) – – (250,000)
Proceeds from issuance of long-term debt – 395,221 – – 395,221
Payments on acquisition debt – – (25,664) – (25,664)
Dividends paid (142,988) – – – (142,988)
Acquisition of treasury shares (530,022) – – – (530,022)
Proceeds from issuance of common stock 136,102 – – – 136,102
Net intercompany advances – (336,721) (161,053) 497,774 –
Other, net – (16,813) 6,249 – (10,564)
Net cash provided by (used in) financing activities (536,908) (208,313) (180,468) 497,774 (427,915)
Net increase (decrease) in cash and cash equivalents – 29,795 (2,327) – 27,468
Cash and cash equivalents at beginning of the year – 133,188 939,557 – 1,072,745
Cash and cash equivalents at end of the year $ – $ 162,983 $ 937,230 $ – $1,100,213
H&R BLOCK 2005 Form 10K
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