Tyson Foods 2004 Annual Report Download - page 49

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47
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Condensed Consolidating Statement of Cash Flows for year ended October 2, 2004
in millions Tyson TFM Adjustments Consolidated
Cash Flows From Operating Activities:
Net income $244 $159 $ – $403
Depreciation and amortization 295 195 490
Plant closing related charges 35 (7) 28
Impairment and write-down of assets 14 32 46
Deferred taxes (24) 32 8
Other (4) 8 4
Net changes in working capital (160) 113 (47)
Cash Provided by Operating Activities 400 532 932
Cash Flows From Investing Activities:
Additions to property, plant and equipment (372) (114) (486)
Proceeds from sale of assets 22 5 27
Investment in marketable securities (99) – (99)
Net change in other assets and liabilities (28) (14) (42)
Cash Used for Investing Activities (477) (123) (600)
Cash Flows From Financing Activities:
Net change in debt (215) (27) (242)
Purchase of treasury shares (72) – (72)
Dividends (55) – (55)
Stock options exercised and other 42 1 43
Net change in intercompany balances 380 (380) –
Cash Used for Financing Activities 80 (406) (326)
Effect of Exchange Rate Change on Cash 11 2
Increase in Cash and Cash Equivalents 44 8
Cash and Cash Equivalents at Beginning of Year 15 10 25
Cash and Cash Equivalents at End of Year $19 $14 $ – $33