Chesapeake Energy 1996 Annual Report Download - page 55

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CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For theYear Ended June 30, 1995 Subsidiary Guarantors Non-Guarantor Company
($ in thousands) CEX Others Combined Subsidiaries (Parent) Eliminations Consolidated
Cash flows from
operating activities $46,753 $13,296 $60,049 $305 $(4,692) $ (931) $ 54,731
CHESAPEAKE EN5Y CORPORATION
Cash flows from
financing activities
Proceeds from borrowings 28,433 1,601 30,034 11,500 87,300 128,834
Payments on borrowings (28,433) (3,599) (32,032) (700) 362 -(32,370)
Intercompany advances, net 48,648 29,676 78,324 4,509 (83,764) 931
Other financing 818 818
48,648 27,678 76,326 15,309 4,716 931 97,282
For theYear Ended June 30, 1994 Subsidiary Guarantors Non-Guarantor Company
($ in thousands) CEX Others Combined Subsidiaries (Parent) Eliminations Consolidated
Cash flows from
operating activities $13,131 $7,707 $20,838
Cash flows from
investing activities
Oil and gas properties (33,466) (1,188) (34,654)
Proceeds from sales 3,268 5,095 8,363
Other additions (159) (1,782) (1,941)
(30,357) 2,125 (28,232)
Cash flows from
financing activities
Proceeds from borrowings 8,800 8,800 40,000 -48,800
Payments on borrowings (10,201) (15,537) (25,738) (25,738)
Intercompany advances, net 27,250 6,715 33,965 (33,965)
Other financing -(1,900) -(1,900)
17,049 (22) 17,027 4,135 21,162
Net increase (decrease) in
cash and cash equivalents (177) 9,810 9,633 -1,741 11,374
Cash, beginning of period 177 4,136 4,313 538 4,851
Cash, end of period $$13,946 $ 13,946 $$2,279 $ $16,225
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Net increase (decrease) in
cash and cash equivalents 39,281 39,281 524 39,310
Cash, beginning of period 13,946 13,946 2,279 -16,225
Cash, end of period $$53,227 $53,227 $5$2,303 $ $ 55,535
Cash flows from
investing activities
Oil and gas properties (111,980) (4,896) (116,876) (4,109) --(120,985)
Proceeds from sales 16,579 11,132 27,711 (11,500) 16,211
Purchase of oil and gas properties -(11,500) 11,500
Other additions (7,929) (7,929) -(7,929)
(95,401) (1,693) (97,094) (15,609) -(112,703)
$$(1,415)$ $19,423
--(34,654)
--8,363
(979) (2,920)
(979) -(29,211)