Cablevision 2011 Annual Report Download - page 77

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liabilities under derivative contracts. The increase in cash provided by operating activities of $112,479 in
2010 as compared to 2009 resulted from an increase in income from continuing operations before
depreciation and amortization and other non-cash items of $46,613 and an increase of $65,866 resulting
from changes in working capital, including the timing of payments and collections of accounts receivable,
among other items.
Net cash provided by operating activities amounted to $1,247,139 for the year ended December 31, 2009.
The 2009 cash provided by operating activities resulted from $1,040,240 of income before depreciation
and amortization (including impairments), $326,646 of non-cash items and a $6,216 increase in deferred
revenue. Partially offsetting these increases were decreases in cash of $52,408 resulting from a decrease
in liabilities under derivative contracts, a $52,933 decrease in accounts payable, other liabilities and
payables to affiliates, and a $20,622 increase in current and other assets and advances to affiliates.
Net Cash Used in Investing Activities
Net cash used in investing activities for the year ended December 31, 2011 was $831,913 compared to
$2,272,029 for the year ended December 31, 2010. The 2011 investing activities consisted primarily of
capital expenditures of $814,807 ($760,287 of which relate to our Telecommunications Services
segment), additions to other intangible assets of $10,797 and payments related to the acquisition of
Bresnan Cable of $7,776, partially offset by other net cash receipts of $1,467.
Net cash used in investing activities for the year ended December 31, 2010 was $2,272,029 compared to
$667,273 for the year ended December 31, 2009. The 2010 investing activities consisted primarily of
$1,356,500 of payments related primarily to the acquisition of Bresnan Cable, $823,245 of capital
expenditures ($779,928 of which relate to our Telecommunications Services segment) and net
contributions to AMC Networks (reflected in discontinued operations) of $99,614, partially offset by
other net cash receipts of $7,330.
Net cash used in investing activities for the year ended December 31, 2009 was $667,273 and consisted
primarily of $737,524 of capital expenditures ($696,492 of which relate to our Telecommunications
Services segment), partially offset by net contributions from AMC Networks (reflected in discontinued
operations) of $66,252 and other net cash receipts of $3,999.
Net Cash Used in Financing Activities
Net cash used in financing activities amounted to $277,868 for the year ended December 31, 2011
compared to net cash provided by financing activities of $950,380 for the year ended December 31, 2010.
In 2011, the Company's financing activities consisted primarily of the repayment and repurchase of senior
notes and debentures pursuant to a tender offer of $1,227,307, treasury stock purchases of $555,831,
dividend payments to common stockholders of $162,032, deemed repurchase of restricted stock of
$35,555 and additions to deferred financing costs of $25,626, partially offset by proceeds of $1,000,000
from the issuance of senior notes, net proceeds of credit facility debt of $676,699, net proceeds from
collateralized indebtedness of $49,850 and other net cash receipts of $1,934.
Net cash provided by financing activities amounted to $950,380 for the year ended December 31, 2010
compared to net cash used in financing activities of $670,478 for the year ended December 31, 2009. In
2010, the Company's financing activities consisted primarily of proceeds of $1,500,000 from the issuance
of senior notes, net proceeds of credit facility debt of $1,037,712, partially offset by the repurchase of
senior notes and debentures pursuant to a tender offer of $1,078,212, treasury stock purchases of
$300,247, dividend payments to common stockholders of $140,734, additions to deferred financing costs
of $65,723 and other net cash payments of $2,416.