Virgin Media 2013 Annual Report Download - page 109

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VIRGIN MEDIA INC.
(See note 1)
Notes to Consolidated Financial Statements — (Continued)
December 31, 2013, 2012 and 2011
II - 84
Predecessor (a)
Year ended December 31, 2012
Statements of cash flows Predecessor
Company
Virgin Media
Secured
Finance Guarantors Non-
Guarantors Total
in millions
Cash flows from operating activities:
Net cash provided (used) by operating activities...... £(91.5) £ 1.5 £ 1,167.9 £ 121.0 £ 1,198.9
Cash flows from investing activities:
Capital expenditures.................................................... — — (678.0)(104.5)(782.5)
Other investing activities, net...................................... — — 2.6 (3.1)(0.5)
Net cash used by investing activities........................ — — (675.4)(107.6)(783.0)
Cash flows from financing activities:
Repayments and repurchases of debt and capital
lease obligations ...................................................... — — (1,414.9) — (1,414.9)
Borrowings of debt...................................................... — — 1,454.7 — 1,454.7
Investments from (loans to) parent and subsidiary
companies................................................................ 436.5 (1.3)(405.5)(29.7) —
Net cash paid related to derivative instruments .......... — — (26.0) — (26.0)
Payment of financing costs and debt premiums.......... —(0.2)(164.9) — (165.1)
Repurchase of common stock ..................................... (330.2) — — — (330.2)
Other financing activities, net..................................... (19.1) — — — (19.1)
Net cash provided (used) by financing activities...... 87.2 (1.5)(556.6)(29.7)(500.6)
Effect of exchange rates on cash and cash
equivalents........................................................ (1.6) — (7.8) — (9.4)
Net decrease in cash and cash equivalents........... (5.9) — (71.9)(16.3)(94.1)
Cash and cash equivalents:
Beginning of period ............................................. 16.2 — 263.8 20.4 300.4
End of period........................................................ £ 10.3 £ — £ 191.9 £ 4.1 £ 206.3
_________________
(a) As retrospectively revised - see note 2.