HR Block 2011 Annual Report Download - page 89
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Please find page 89 of the 2011 HR Block 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.Year Ended April 30, 2010
H&R Block, Inc.
(Guarantor)
BFC
(Issuer)
Other
Subsidiaries Elims
Consolidated
H&R Block
Net cash provided by operating activities: $ 21,252 $ 16,698 $ 549,519 $ – $ 587,469
Cash flows from investing:
Purchases of AFS securities – (365) (5,000) – (5,365)
Sales and maturities of AFS securities – 14,639 1,119 – 15,758
Mortgage loans held for investment, net – 72,832 – – 72,832
Purchases of property & equipment – – (90,515) – (90,515)
Payments for business acquisitions – – (10,539) – (10,539)
Proceeds from sales of businesses, net – – 66,623 – 66,623
Loans made to franchisees – (89,664) – – (89,664)
Repayments from franchisees – 40,710 – – 40,710
Net intercompany advances 415,591 – – (415,591) –
Other, net – 73,493 (41,980) – 31,513
Net cash provided by (used in) investing activities 415,591 111,645 (80,292) (415,591) 31,353
Cash flows from financing:
Repayments of commercial paper – (1,406,013) – – (1,406,013)
Proceeds from commercial paper – 1,406,013 – – 1,406,013
Repayments of other borrowings – (4,267,727) (46) – (4,267,773)
Proceeds from other borrowings – 4,242,727 – – 4,242,727
Customer banking deposits, net – 11,428 – 6,111 17,539
Dividends paid (200,899) – – – (200,899)
Repurchase of common stock (254,250) – – – (254,250)
Proceeds from stock options 16,682 – – – 16,682
Net intercompany advances – 354,617 (770,208) 415,591 –
Other, net 1,624 (8,717) (28,051) – (35,144)
Net cash provided by (used in) financing activities (436,843) 332,328 (798,305) 421,702 (481,118)
Effects of exchange rates on cash – – 11,678 – 11,678
Net increase (decrease) in cash – 460,671 (317,400) 6,111 149,382
Cash – beginning of the year – 241,350 1,419,535 (6,222) 1,654,663
Cash – end of the year $ – $ 702,021 $ 1,102,135 $ (111) $ 1,804,045
H&R BLOCK 2011 Form 10K 77