FairPoint Communications 2005 Annual Report Download - page 64

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

  
Cash flows from financing activities of continuing operations:
Proceeds from issuance of long-term debt 699,959 178,550 317,680
Repayment of long-term debt (905,675)(193,761)(294,414)
Payment of fees and penalties associated with early retirement of long term
debt (61,037)— —
Payment of deferred transaction fee (8,445)— —
Repurchase of shares of common stock subject to put options (136)(1,000)(1,000)
Repurchase of redeemable preferred stock (129,141)—(8,645)
Loan origination and offering costs (8,975)(7,750)(15,593)
Dividends paid to minority stockholders (4)(5)(4)
Proceeds from the exercise of stock options 184 — —
Net proceeds from issuance of common stock 431,921 — —
Dividends paid to common stockholders (35,298)— —
  
Cash flows of discontinued operations (revised—see note 1(r)):
Operating cash flows (740)(3,031)(134)
Investing cash flows — — 23,495
Net increase (decrease) in cash 1,488 (2,008)209
Cash, beginning of year 3,595 5,603 5,394
   
Supplemental disclosures of cash flow information:
Interest paid $58,494 $80,736 $77,351
Income taxes paid, net of refunds $946 $1,055 $701
Supplemental disclosures of noncash financing activities:
Redeemable preferred stock dividends paid in-kind $ — $ — $ 8,163
Gain on repurchase of redemmable preferred stock $ — $ — $ 2,905
Accretion of redeemable preferred stock $ — $ — $ 729
Long-term debt issued in connection with Carrier Services’ Tranche B interest
payment $ — $ 115 $1,548
See accompanying notes to consolidated financial statements.
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