XM Radio 2009 Annual Report Download - page 201

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SIRIUS XM RADIO INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2009
Sirius XM Radio
Inc.
Sirius Asset Mgmt
LLC Satellite CD Radio
Non-
Guarantors Eliminations
Consolidated
Sirius XM Radio
Inc.
(In thousands)
Net cash provided by (used in)
operating activities . . . . . . . . $ 162,127 $ 5,041 $— $ 272,843 $(6,181) $ 433,830
Cash flows from investing
activities:
Additions to property and
equipment . . . . . . . . . . . . . (190,005) (5,041) — (53,465) — (248,511)
Purchases of restricted and
other investments . . . . . . . . — — — — — —
Merger related costs . . . . . . . — — — — — —
Sale of restricted and other
investments . . . . . . . . . . . . — — — — — —
Net cash used in investing
activities . . . . . . . . . . . . (190,005) (5,041) — (53,465) — (248,511)
Cash flows from financing
activities:
Preferred stock issuance costs,
net . . . . . . . . . . . . . . . . . . (3,712) — — — — (3,712)
Long-term borrowings, net of
costs . . . . . . . . . . . . . . . . 188,032 — — 388,399 6,181 582,612
Related party long-term
borrowings, net of costs . . . 268,775 — — 93,818 — 362,593
Short-term financings . . . . . . — — — — — —
Payment of premiums on
redemption of debt. . . . . . . — — — (17,075) — (17,075)
Repayment of related party
long-term borrowings, net
of costs . . . . . . . . . . . . . . (251,247) — — (100,000) (351,247)
Repayment of long-term
borrowings . . . . . . . . . . . . (176,352) — — (579,095) — (755,447)
Net cash provided by (used
in) financing activities . . 25,496 — — (213,953) 6,181 (182,276)
Net (decrease) increase in cash
and cash equivalents . . . . . . . (2,382) — — 5,425 — 3,043
Cash and cash equivalents at
beginning of period . . . . . . . . 173,647 — — 206,799 — 380,446
Cash and cash equivalents at end
of period . . . . . . . . . . . . . . . $ 171,265 $ — $— $ 212,224 $ — $ 383,489
F-47
SIRIUS XM RADIO INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)