American Home Shield 2008 Annual Report Download - page 123

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Table of Contents
THE SERVICEMASTER COMPANY AND SUBSIDIARIES
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2008 (Successor)
(in thousands)
The
ServiceMaster
Company Guarantors
Non-
Guarantors Eliminations Consolidated
Cash and Cash Equivalents at Beginning of Period $ 100,429 $ 14,999 $ 91,791 $ — $ 207,219
Net Cash Provided from (Used for) Operating Activities from Continuing Operations 319,197 586,377 (10,272) (733,244) 162,058
Cash Flows from Investing Activities from Continuing Operations:
Property additions — (76,901) (11,149) — (88,050)
Sale of equipment and other assets — 5,543 344 — 5,887
Acquisition of The ServiceMaster Company (27,111) — — — (27,111)
Other business acquisitions, net of cash acquired — (60,764) — — (60,764)
Notes receivable, financial investments and securities 1,003 — 94,434 — 95,437
Net Cash (Used for) Provided from Investing Activities from Continuing Operations (26,108) (132,122) 83,629 — (74,601)
Cash Flows from Financing Activities from Continuing Operations:
Borrowings of debt 347,000 — 10,000 — 357,000
Payments of debt (208,500) (29,429) (3,056) — (240,985)
Debt issuance costs paid (26,973) — — — (26,973)
Shareholders' dividends — (490,645) (242,599) 733,244 —
Net intercompany advances (204,683) 62,925 141,758 — —
Net Cash Used for Financing Activities from Continuing Operations (93,156) (457,149) (93,897) 733,244 89,042
Cash Flows from Discontinued Operations:
Cash provided from operating activities — — 2,721 — 2,721
Cash used for investing activities
Proceeds from sale of businesses — — 19,523 — 19,523
Other investing activities — — (208) — (208)
Cash used for financing activities — — (167) — (167)
Net Cash Provided from Discontinued Operations — — 21,869 — 21,869
Cash Increase (Decrease) During the Period 199,933 (2,894) 1,329 — 198,368
Cash and Cash Equivalents at End of Period $ 300,362 $ 12,105 $ 93,120 $ — $ 405,587
119