Thrifty Car Rental 2007 Annual Report Download - page 57

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2007, 2006 AND 2005
(In Thousands)
2007 2006 2005
CASH FLOWS FROM FINANCING ACTIVITIES:
Debt and other obligations:
Proceeds from vehicle debt and other obligations 3,650,743 6,619,828 5,450,924
Payments of vehicle debt and other obligations (3,987,224) (6,600,505) (5,226,403)
Proceeds from non-vehicle debt 250,000 - -
Payments of non-vehicle debt (1,250) - -
Payments of debt assumed through acquisition (14,092) - -
Issuance of common shares 1,669 7,479 17,016
Purchase of common stock for the treasury (71,543) (111,308) (22,512)
Financing issue costs (10,260) (7,387) (5,179)
Net cash provided by (used in) financing activities (181,957) (91,893) 213,846
CHANGE IN CASH AND CASH EQUIVALENTS (90,956) (82,318) 69,846
CASH AND CASH EQUIVALENTS:
Beginning of year 191,981 274,299 204,453
End of year 101,025$ 191,981$ 274,299$
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for/(refund of):
Income taxes to (from) taxing authorities 12,396$ 15,246$ (751)$
Interest 128,779$ 118,886$ 99,450$
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES:
Issuance of common stock for director compensation 573$ 78$ 42$
Receivables from capital lease of vehicles to franchisees -$ 917$ 1,106$
Purchases of property, equipment and software included
in accounts payable 4,632$ 2,752$ 5,187$
See notes to consolidated financial statements.
(Concluded)
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