Rayovac 2015 Annual Report Download - page 75

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Loans and $1,589.6 million payment on the then-existing senior term facilities; (ii) $1,000.0 million proceeds
from the issuance of the 5.75% Notes (iii) $540.0 million repayment of AAG debt assumed as part of the AAG
acquisition (iv) $250.0 million proceeds from the issuance of the 6.125% Notes; (v) $300.0 million repayment of
the 6.75% Notes; (vi) $363.6 million of amortizing payments on debt (vii) payment of debt issuance costs of
$38.1 million; (vi) $562.7 million of proceeds from the issuance of common stock, net issuance costs; (vii) cash
dividends of $70.7 million; and (viii) treasury stock purchases of $21.2 million.
Net cash used by financing activities for the year ended September 30, 2014 consisted of: (i) proceeds
related to the issuance of debt under our former senior term facilities of $523.7 million; (ii) repayment of
$764.9 million under our former senior credit facilities and $6.0 million of other debt; (iii) dividend payments of
$61.9 million; (iv) payment of share-based tax withholdings of employees for vested stock awards of $24.9
million; (v) treasury stock purchases of $4.5 million; and (vi) payment of debt issuance costs of $5.4 million.
Net cash provided by financing activities for the year ended September 30, 2013 consisted of: (i) proceeds
related to the issuance of debt under our former senior term facilities of $1,936.3 million, $570.0 million issuance
of the 6.625% Notes, and $520.0 million issuance of the 6.375% Notes; (ii) extinguishment of 9.5% Notes of
$950.0 million and repayment of former senior credit facilities of $571.1 million; (iii) payment of debt issuance
costs of $60.9 million; (iv) dividend payments of $40.1 million; (v) payment of share-based tax withholdings of
employees for vested stock awards of $20.1 million; (vi) treasury stock purchases of $3.2 million; and
(ix) $11.9 million of proceeds from other financing activities.
SB/RH Holdings, LLC
Net cash provided by operating activities
The $7.1 million and $176.5 million increases in cash provided by operating activities from SB/RH
Holdings, LLC for the year ended September 30, 2015 and the year ended September 30, 2014, respectively, are
primarily attributable to the Spectrum Brands Holdings, Inc. factors discussed above.
Net cash used by investing activities
The $1,186.2 million increase and $1,383.2 million decrease in cash used by investing activities from
SB/RH Holdings, LLC for the year ended September 30, 2015 and the year ended September 30, 2014,
respectively, are primarily attributable to the Spectrum Brands Holdings, Inc. factors discussed above.
Net cash provided (used) by financing activities
Net cash used by financing activities for the year ended September 30, 2015 consist of: (i) refinancing of the
then-existing senior term facilities resulting in $2.036.5 million of proceeds for the issuance of the new Term
Loans and $1,589.6 million payment on the then existing senior term facilities; (ii) $1,000.0 million proceeds
from the issuance of the 5.75% Notes (iii) $540.0 million repayment of AAG debt assumed as part of the AAG
acquisition (iv) $250.0 million proceeds from the issuance of the 6.125% Notes; (v) $300.0 million repayment of
the 6.75% Notes; (vi) $363.6 million of amortizing payments on debt; (vii) payment of debt issuance costs of
$37.8 million; (vi) $528.3 million of proceeds from the parent, SBH; and (vii) cash dividends paid to SBH of
$72.1 million.
Net cash used by financing activities for the year ended September 30, 2014 consisted of: (i) proceeds
related to the issuance of debt under our former senior term loans of $523.7 million; (ii) repayment of
$764.9 million under the former senior credit facilities and $6.0 million of other debt; (iii) dividend payments to
SBH of $77.0 million; (iv) payment of share-based tax withholdings of employees for vested stock awards of
$24.9 million; and (v) payment of debt issuance costs of $5.4 million.
Net cash provided by financing activities for the year ended September 30, 2013 consisted of: (1) proceeds
related to the issuance of debt under our former term facilities of $1,936.3 million, issuance of 6.625% Notes of
61