Entergy 2002 Annual Report Download - page 51

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CONSOLIDATED STATEMENTS OF CASH FLOWS
In thousands, for the years ended December 31, 2002 2001 2000
FINANCING ACTIVITIES:
Proceeds from the issuance of:
Long-term debt 1,197,330 682,402 904,522
Common stock 130,061 64,345 41,908
Retirement of:
Long-term debt (1,341,274) (962,112) (181,329)
Repurchase of common stock (118,499) (36,895) (550,206)
Redemption of preferred stock (1,858) (39,574) (157,658)
Changes in short-term borrowings—net 244,333 (37,004) 267,000
Dividends paid:
Common stock (298,991) (269,122) (271,019)
Preferred stock (23,712) (24,044) (32,400)
Net cash flow provided by (used in) financing activities (212,610) (622,004) 20,818
Effect of exchange rates on cash and cash equivalents 3,125 325 (5,948)
Net increase (decrease) in cash and cash equivalents 583,755 (630,851) 168,705
Cash and cash equivalents at beginning of period 751,573 1,382,424 1,213,719
Cash and cash equivalents at end of period $ 1,335,328 $ 751,573 $ 1,382,424
SUPPLEMENTAL DISCLOSURE OF
CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest—net of amount capitalized $ 633,931 $ 708,748 $ 505,414
Income taxes $57,856 $ (113,466) $ 345,361
Noncash investing and financing activities:
Debt assumed by the Damhead Creek purchaser $ 488,432 – –
Decommissioning trust funds acquired
in nuclear power plant acquisitions $ 310,000 $ 430,000 –
Change in unrealized depreciation of
decommissioning trust assets $(72,982) $ (34,517) $ (11,577)
Long-term debt refunded with proceeds from
long-term debt issued in prior period $ (47,000) – –
Proceeds from long-term debt issued for the purpose
of refunding prior long-term debt –$47,000 –
Acquisition of Indian Point 3 and FitzPatrick:
Fair value of assets acquired ––$917,667
Initial cash paid at closing ––$50,000
Liabilities assumed and notes issued to seller ––$867,667
See Notes to Consolidated Financial Statements.
ENTERGY CORPORATION AND SUBSIDIARIES 2002 49