MoneyGram 2011 Annual Report Download - page 138
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Table of Contents MONEYGRAM INTERNATIONAL, INC.
CONDENSED, CONSOLIDATING STATEMENTS OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2011
Subsidiary Non−
(Amounts in thousands) Parent Guarantors Guarantors Eliminations Consolidated
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 41,701 $ 112,536 $ 33,873 $ — $ 188,110
CASH FLOWS FROM INVESTING
ACTIVITIES:
Proceeds from maturities of investments classified as
available−for−sale (substantially restricted) — 56,320 — — 56,320
Proceeds from settlements of investments (substantially restricted) — 32,820 — — 32,820
Purchase of short−term investments (substantially restricted) — (494,142) (46,196) — (540,338)
Proceeds from maturities of short−term investments (substantially
restricted) — 400,500 21,969 — 422,469
Purchases of property and equipment — (28,191) (16,032) — (44,223)
Proceeds from disposal of assets and businesses — 2,683 — — 2,683
Cash paid for acquisitions, net of cash acquired — — (53) — (53)
Dividends to parent/Capital contribution from subsidiary guarantors 241,977 (6,439) — (235,538) —
Net cash provided by (used in) investing activities 241,977 (36,449) (40,312) (235,538) (70,322)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of debt — 536,025 — — 536,025
Transaction costs for issuance and amendment of debt — (17,066) — — (17,066)
Payments on debt — (366,625) — — (366,625)
Prepayment penalty on debt — (23,188) — — (23,188)
Additional consideration issued in connection with conversion of
mezzanine equity (218,333) — — — (218,333)
Transaction costs for the conversion and issuance of stock (5,444) — — — (5,444)
Cash dividends paid on mezzanine equity (20,477) — — — (20,477)
Transaction costs for secondary offering — (3,396) — — (3,396)
Proceeds from exercise of stock options 716 — — — 716
Intercompany financings (40,140) 40,140 — — —
Dividends from guarantors/Capital contribution to non−guarantors — (241,977) 6,439 235,538 —
Net cash (used in) provided by financing activities (283,678) (76,087) 6,439 235,538 (117,788)
NET CHANGE IN CASH AND CASH EQUIVALENTS — — — — —
CASH AND CASH EQUIVALENTS —
Beginning of period — — — — —
CASH AND CASH EQUIVALENTS — End
of period $ — $ — $ — $ — $ —
F−56