National Grid 2008 Annual Report Download - page 300

BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 20582
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.6.1, Doc: 6, Page: 94
Description: EXH 2(B).6.1
0/4698.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/698/4*
BOWNE INTEGRATED TYPESETTING SYSTEM
CRC: 20582
Name: NATIONAL GRID
Date: 17-JUN-2008 03:10:51.35Operator: BNY99999TPhone: [phone]Site: BOWNE OF NEW YORK
Y59930.SUB, DocName: EX-2.B.6.1, Doc: 6, Page: 94 Description: EXH 2(B).6.1
0/4698.00.00.00Y59930BNY
[E/O] EDGAR 2 *Y59930/698/4*
The accompanying notes are an integral part of these consolidated financial statements
F-9
For the
y
ears ended
March 31,
2007 2006
Ca
p
ital contribution from
p
arent for Rhode Island
g
as ac
q
uisition 500,000
—
Payment of long-term debt (317,157) (632,725)
Proceeds from long-term debt — 28,000
Buyback of minority interest common stock (1,670) (1,158)
Net change in short-term debt to affiliates 384,698 (43,000)
Capital contribution to discontinued operations (158,750) —
Net financing activities for discontinued operations 158,750 —
Other, net (55) (528)
Net cash (used in) provided by financing activities 275,466 (710,443)
Net increase (decrease) in cash and cash equivalents 67,941 (140,624)
Cash and cash equivalents, beginning of period 213,954 354,578
Cash and cash equivalents, at end of period 281,895 213,954
Supplemental disclosures of cash flow information:
Interest paid $ 255,172 $ 279,224
Taxes paid 252,831 157,250