Tyson Foods 2002 Annual Report Download - page 45

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notes to
consolidated
financial
statements
p 43
Condensed Consolidating Statement of Cash Flows for year ended September 28, 2002
in millions
Tyson IBP Adjustments Consolidated
Cash Flows From Operating Activities:
Net income
$ 117 $ 266 $ – $ 383
Net changes in working capital
680 (399) 281
Depreciation and amortization
295 172 467
Write-down of intangible asset
–27 27
Gain on sale of subsidiary
(22) (22)
Deferred taxes
(19) 41 22
Other
79 16
Cash Provided by Operating Activities
1,080 94 1,174
Cash Flows From Investing Activities:
Additions to property, plant and equipment
(272) (161) (433)
Proceeds from sale of assets
12 2 14
Proceeds from sale of subsidiary
– 131 131
Acquisitions of property, plant and equipment
(73) – (73)
Net change in investment in commercial paper
94 – 94
Net change in other assets and liabilities
(73) 12 (61)
Cash Used for Investing Activities
(312) (16) (328)
Cash Flows From Financing Activities:
Net change in debt
(701) (88) (789)
Purchase of treasury shares
(19) – (19)
Dividends and other
(54) (4) (58)
Cash Used for Financing Activities
(774) (92) (866)
Effect of Exchange Rate Change on Cash
1– 1
Decrease in Cash and Cash Equivalents
(5) (14) (19)
Cash and Cash Equivalents at Beginning of Year
47 23 70
Cash and Cash Equivalents at End of Year
$42 $ 9 $ – $51
Tyson Foods, Inc. 2002 annual report