American Home Shield 2008 Annual Report Download - page 126

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Table of Contents
THE SERVICEMASTER COMPANY AND SUBSIDIARIES
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2006 (Predecessor)
(in thousands)
The
ServiceMaster
Company Guarantors
Non-
Guarantors Eliminations Consolidated
Cash and Cash Equivalents at Beginning of Period $ 14,550 $ 14,961 $ 84,997 $ — $ 114,508
Net Cash Provided from Operating Activities from Continuing Operations 292,529 243,246 106,076 (343,220) 298,631
Cash Flows from Investing Activities from Continuing Operations:
Property additions — (32,470) (19,123) — (51,593)
Sale of equipment and other assets — 1,819 — — 1,819
Other business acquisitions, net of cash acquired (88,560) (57,624) 2,778 — (143,406)
Notes receivable, financial investments and securities — — (26,495) — (26,495)
Net Cash Used for Investing Activities from Continuing Operations (88,560) (88,275) (42,840) — (219,675)
Cash Flows from Financing Activities from Continuing Operations:
Borrowings of debt 1,259,565 — — — 1,259,565
Payments of debt (1,227,614) (18,485) (4,881) — (1,250,980)
Shareholders' dividends (133,233) (278,235) (64,985) 343,220 (133,233)
Purchase of treasury stock (86,053) — — — (86,053)
Proceeds from employee share plans 54,606 — — — 54,606
Net intercompany advances (180,763) 140,456 40,307 —
Net Cash Used for Financing Activities from Continuing Operations (313,492) (156,264) (29,559) 343,220 (156,095)
Cash Flows from Discontinued Operations:
Cash provided from operating activities — — (28,007) — (28,007)
Cash used for investing activities
Proceeds from sale of businesses 115,415 — — — 115,415
Other investing activities — — (756) — (756)
Cash used for financing activities — — (346) — (346)
Net Cash Provided from (Used for) Discontinued Operations 115,415 — (29,109) — 86,306
Cash Increase (Decrease) During the Period 5,892 (1,293) 4,568 — 9,167
Cash and Cash Equivalents at End of Period $ 20,442 $ 13,668 $ 89,565 $ — $ 123,675
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