INTL FCStone 2013 Annual Report Download - page 134

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INTLFCSTONEINC.Form10K 113
PART II
SCHEDULE IINTL FCStone Inc. Condensed Statements of Cash Flows
SCHEDULE I INTL FCStone Inc. Condensed
Statements of Cash Flows
Parent Company Only
(in millions)
Year Ended September 30,
2013 2012 2011
Cash ows from operating activities:
Net loss $ (24.6) $ (14.5) $ (10.0)
Adjustments to reconcile net loss to net cash (used in) provided by
operating activities:
Depreciation and amortization 1.5 1.2 0.6
Provision for impairments — 2.2 —
Deferred income taxes (6.1) (0.1) 1.1
Amortization of debt issuance costs and debt discount 0.5 0.5 0.2
Convertible debt interest settled in common stock upon conversion — — 0.2
Amortization of share-based compensation expense 9.3 5.9 2.3
Gain on acquisition of INTL Provident — — (0.4)
Changes in operating assets and liabilities:
Receivable from subsidiaries (2.8) 21.7 35.7
Notes receivable, net (17.1) (10.2) —
Income taxes receivable (3.2) 7.1 (13.6)
Financial instruments owned, at fair value 1.5 1.7 (0.4)
Other assets 1.7 (0.3) (0.8)
Accounts payable and other accrued liabilities 1.4 (2.2) 1.7
Payable to customers 18.0 0.7 —
Financial instruments sold, not yet purchased, at fair value (24.7) (33.4) (0.5)
Net cash (used in) provided by operating activities (44.6) (19.7) 16.1
Cash ows from investing activities:
Capital contribution in aliates (11.5) (12.5) (1.0)
Purchase of property and equipment (0.8) (2.7) (1.7)
Net cash used in investing activities (12.3) (15.2) (2.7)
Cash ows from nancing activities:
Payable to lenders under loans 7.0 48.0 (11.9)
Proceeds from issuance of senior unsecured notes 45.5 — —
Share repurchase (4.0) (4.0) —
Debt issuance costs (3.2) (0.1) (1.2)
Exercise of stock options 1.5 1.9 1.3
Income tax benet on stock options and awards 0.1 0.2 —
Net cash provided by (used in) nancing activities 46.9 46.0 (11.8)
Net (decrease) increase in cash and cash equivalents (10.0) 11.1 1.6
Cash and cash equivalents at beginning of period 13.1 2.0 0.4
Cash and cash equivalents at end of period $ 3.1 $ 13.1 $ 2.0
Supplemental disclosure of cash ow information:
Cash paid for interest $ 3.0 $ 2.1 $ 3.0
Income taxes (received) paid, net of cash refunds $ (1.6) $ 0.1 $ 10.8
Supplemental disclosure of non-cash investing and nancing activities:
Conversion of subordinated notes to common stock, net $ — $ — $ 16.7