Virgin Media 2013 Annual Report Download - page 96

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VIRGIN MEDIA INC.
(See note 1)
Notes to Consolidated Financial Statements — (Continued)
December 31, 2013, 2012 and 2011
II - 71
Successor
Period from June 8 to December 31, 2013
Statements of cash flows Successor
Company
Virgin
Media
Finance Other
guarantors VMIH VMIL
All
other
subsidiaries Total
in millions
Cash flows from operating activities:
Net cash provided (used) by operating
activities................................................. £ (98.4) £ (12.4) £ 0.1 £ (77.2) £ — £ 750.4 £ 562.5
Cash flows from investing activities:
Loan to related-party ................................... (65.7) — — — — (2,290.6)(2,356.3)
Capital expenditures.................................... — — — — — (418.9)(418.9)
Other investing activities, net...................... — — — — — 1.8 1.8
Net cash used by investing activities ........ (65.7) — — — — (2,707.7)(2,773.4)
Cash flows from financing activities:
Repayments and repurchases of debt and
capital lease obligations........................... (2,832.7) (1,116.8) — — — (101.3)(4,050.8)
Borrowings of debt...................................... — — — — — 1,983.4 1,983.4
Repayments of related-party notes.............. (1,819.6) — — — — — (1,819.6)
Capital contribution from parent ................. 3,278.0 — — — — — 3,278.0
Release of restricted cash from escrow ....... — 586.0 — — — 1,727.6 2,313.6
Investments from (loans to) parent and
subsidiary companies............................... 1,508.9 537.1 — 32.3 — (2,078.3) —
Net cash received related to derivative
instruments............................................... 343.2 — — 21.1 — — 364.3
Payment of financing costs and debt
premiums.................................................. (30.9) (16.6) — (0.6) — (16.2)(64.3)
Other financing activities, net...................... (0.1) — — — — — (0.1)
Net cash provided (used) by financing
activities................................................. 446.8 (10.3) — 52.8 — 1,515.2 2,004.5
Effect of exchange rates on cash and
cash equivalents................................ 3.2 (1.5) — 0.5 — (7.6)(5.4)
Net increase (decrease) in cash and
cash equivalents................................ 285.9 (24.2) 0.1 (23.9) — (449.7)(211.8)
Cash and cash equivalents:
Beginning of period................................ 27.4 24.3 0.1 24.2 — 478.8 554.8
End of period .......................................... £ 313.3 £ 0.1 £ 0.2 £ 0.3 £ — £ 29.1 £ 343.0