Western Union 2010 Annual Report Download - page 130

Download and view the complete annual report

Please find page 130 of the 2010 Western Union 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.

Page out of 144

  • 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

THE WESTERN UNION COMPANY
CONDENSED STATEMENTS OF CASH FLOWS
(PARENT COMPANY ONLY)
(in millions)
2010 2009 2008
For the Years Ended December 31,
Cash flows from operating activities
Net cash provided by operating activities ........................................... $ 631.6 $ 505.0 $ 1,145.2
Cash flows from investing activities
Purchases of property and equipment ................................................. — — (0.1)
Capital contributed to subsidiary ....................................................... — (29.0) (0.2)
Net cash used in investing activities................................................... — (29.0) (0.3)
Cash flows from financing activities
Advances (to)/from subsidiaries, net .................................................. (112.7) (224.7) 397.7
Net proceeds from issuance of borrowings ......................................... 247.0 496.6 500.0
Principal payments on borrowings ..................................................... — (500.0) (500.0)
Net repayments of commercial paper ................................................. — (82.8) (255.3)
Proceeds from exercise of options ..................................................... 42.1 23.2 300.5
Cash dividends paid.......................................................................... (165.3) (41.2) (28.4)
Common stock repurchased............................................................... (581.4) (400.2) (1,314.5)
Net cash used in financing activities .................................................. (570.3) (729.1) (900.0)
Net change in cash and cash equivalents ............................................ 61.3 (253.1) 244.9
Cash and cash equivalents at beginning of year .................................. 27.9 281.0 36.1
Cash and cash equivalents at end of year ........................................... $ 89.2 $ 27.9 $ 281.0
See Notes to Condensed Financial Statements.
128