Virgin Media 2010 Annual Report Download - page 164
Download and view the complete annual report
Please find page 164 of the 2010 Virgin Media annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154 -
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
 |
 |
VIRGIN MEDIA INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 20—Condensed Consolidating Financial Information—Senior Secured Notes (continued)
Statement of cash flows
Year ended December 31, 2008
Company
Virgin Media
Secured
Finance PLC Guarantors
Non-
Guarantors Adjustments Total
(Adjusted) (in millions)
Net cash provided by (used in)
operating activities ............... £ (49.4) £— £ 827.3 £ (2.2) £— £ 775.7
Investing activities:
Purchase of fixed and intangible
assets ......................... — — (472.6) (3.7) — (476.3)
Proceeds from the sale of fixed
assets ......................... — — 2.1 — — 2.1
Principal repayments on loans to equity
investments .................... — — 8.6 — — 8.6
Principal (repayments) drawdowns on
loans to group companies ......... (477.3) — 413.8 63.5 — —
Other ........................... — — (1.5) — — (1.5)
Net cash (used in) provided by investing
activities ....................... (477.3) — (49.6) 59.8 — (467.1)
Financing activities:
New borrowings, net of financing
fees ........................... 496.7 — (49.0) — — 447.7
Proceeds from employee stock option
exercises ....................... 0.6 — — — — 0.6
Principal payments on long term debt
and capital leases ................ — — (794.1) (52.2) — (846.3)
Intercompany funding movements .... 64.9 — (51.4) (13.5) — —
Dividends paid .................... (29.3) — — — — (29.3)
Net cash (used in) provided by
financing activities ............... 532.9 — (894.5) (65.7) — (427.3)
Cash flow from discontinued
operations
Net cash used in operating activities . . . — — (20.1) — — (20.1)
Net cash used in investing activities . . . — — (3.4) — — (3.4)
Net cash used in discontinued
operations ...................... — — (23.5) — — (23.5)
Effect of exchange rates on cash and
cash equivalents ................. 2.4 — — — — 2.4
(Decrease) increase in cash and cash
equivalents ..................... 8.6 — (140.3) (8.1) — (139.8)
Cash and cash equivalents at beginning
of period ....................... 1.3 — 306.3 13.8 — 321.4
Cash and cash equivalents at end of
period ......................... £ 9.9 £— £166.0 £ 5.7 £— £ 181.6
F-69