Tyson Foods 2004 Annual Report Download - page 51

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49
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Condensed Consolidating Statement of Cash Flows for year ended September 28, 2002
in millions Tyson TFM Adjustments Consolidated
Cash Flows From Operating Activities:
Net income $ 117 $ 266 $ – $ 383
Depreciation and amortization 295 172 467
Impairment and write-down of assets –27 27
Gain on sale of subsidiary – (22) (22)
Deferred taxes (19) 41 22
Other 713 20
Net changes in working capital 256 21 277
Cash Provided by Operating Activities 656 518 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
Acquisition of assets (73) – (73)
Sale of 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 (56) – (56)
Stock options exercised and other 2(4) (2)
Net change in intercompany balances 424 (424) –
Cash Used for Financing Activities (350) (516) (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