Thrifty Car Rental 2009 Annual Report Download - page 55

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2009, 2008 AND 2007
(In Thousands)
2009 2008 2007
CASH FLOWS FROM FINANCING ACTIVITIES:
Debt and other obligations:
Proceeds from vehicle debt and other obligations 44,781 9,874,526 3,650,743
Payments of vehicle debt and other obligations (785,225) (9,972,227) (3,987,224)
Proceeds from non-vehicle debt - - 250,000
Payments of non-vehicle debt (20,000) (70,625) (1,250)
Payments of debt assumed through acquisition - - (14,092)
Issuance of common shares 129,583 33 1,669
Common stock offering costs (6,635) - -
Net settlement of employee withholding taxes on share-based awards - (373) -
Purchase of common stock for the treasury - - (71,543)
Financing issue costs (6,615) (11,512) (10,260)
Net cash used in financing activities (644,111) (180,178) (181,957)
CHANGE IN CASH AND CASH EQUIVALENTS 170,768 128,611 (90,956)
CASH AND CASH EQUIVALENTS:
Beginning of year 229,636 101,025 191,981
End of year 400,404$ 229,636$ 101,025$
See notes to consolidated financial statements, including Note 17 for supplemental cash flow information.
(Concluded)
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