Tyson Foods 2004 Annual Report Download - page 50

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48
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Condensed Consolidating Statement of Cash Flows for year ended September 27, 2003
in millions Tyson TFM Adjustments Consolidated
Cash Flows From Operating Activities:
Net income $ 84 $ 253 $ – $ 337
Depreciation and amortization 271 187 458
Plant closing related charges 22 – 22
Deferred taxes 82 31 113
Other 333 36
Net changes in working capital 26 (172) (146)
Cash Provided by Operating Activities 488 332 820
Cash Flows From Investing Activities:
Additions to property, plant and equipment (316) (86) (402)
Proceeds from sale of assets 25 5 30
Sale of investment in commercial paper 4– 4
Net change in other assets and liabilities (34) 41 7
Cash Used for Investing Activities (321) (40) (361)
Cash Flows From Financing Activities:
Net change in debt (340) (47) (387)
Purchase of treasury shares (41) – (41)
Dividends (54) – (54)
Stock options exercised and other (2) 2 –
Net change in intercompany balances 239 (239) –
Cash Used for Financing Activities (198) (284) (482)
Effect of Exchange Rate Change on Cash 4(7) (3)
Increase (Decrease) in Cash and Cash Equivalents (27) 1 (26)
Cash and Cash Equivalents at Beginning of Year 42 9 51
Cash and Cash Equivalents at End of Year $15 $10 $ – $25