Staples 2005 Annual Report Download - page 115

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STAPLES, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
C-30
NOTE M Guarantor Subsidiaries (Continued)
Condensed Consolidating Statement of Cash Flows
For the year ended January 28, 2006
(in thousands)
Staples, Inc.
(Parent Co.)
Guarantor
Subsidiaries
Non-
Guarantor
Subsidiaries Consolidated
Net cash provided by operating activities ................. $ 803,976 $ 257,904 $ 173,489 $ 1,235,369
Investing activities:
Acquisition of property, equipment and lease rights ..... (95,311) (212,254) (148,538) (456,103)
Acquisition of businesses, net of cash acquired .......... — (40,560) — (40,560)
Investment injoint venture........................... (16,636) — — (16,636)
Purchase of short-term investments.................... (8,218,049) — — (8,218,049)
Proceeds from the sale of short-term investments........ 8,097,199 — — 8,097,199
Cash usedin investingactivities ......................... (232,797) (252,814) (148,538) (634,149)
Financing activities:
Payments on borrowings ............................. (16,735) — — (16,735)
Purchase of treasury shares........................... (663,145) — — (663,145)
Cash dividends paid ................................. (123,402) — — (123,402)
Other.............................................. 182,532 — — 182,532
Cash usedin financingactivities......................... (620,750) — — (620,750)
Effect of exchange rate changes on cash.................. — — 42 42
Net increase (decrease) in cash.......................... (49,571) 5,090 24,993 (19,488)
Cash and cash equivalents at beginning of period.......... 529,275 44,300 423,735 997,310
Cash and cash equivalents at end of period ............... $ 479,704 $ 49,390 $ 448,728 $ 977,822