First Data 2008 Annual Report Download - page 108

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FIRST DATA CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued)
Successor Predecessor
(in millions)
Year ended
December 31,
2008
Period from
September 25
through
December 31,
2007
Period from
January 1
through
September 24,
2007
Year ended
December 31,
2006
CASH FLOWS FROM FINANCING ACTIVITIES
Short-term borrowings, net (41.9) 238.5 26.3 176.0
Proceeds from issuance of long-term debt 100.4 21,245.7 — —
Principal payments on long-term debt (326.8) (2,033.3) (126.6) (2,412.8)
Proceeds from issuance of common stock — 7,224.4 187.4 729.8
Capital contributed by Parent 126.8 — — —
Excess tax benefit from share-based payment arrangement 13.1 — 219.8 124.2
Purchase of treasury shares — — (371.8) (1,252.5)
Cash dividends (1.8) — (67.7) (183.6)
Net cash (used in) provided by financing activities from continuing operations (130.2) 26,675.3 (132.6) (2,818.9)
Net cash used in financing activities from discontinued operations — — — (26.5)
Net cash (used in) provided by financing activities (130.2) 26,675.3 (132.6) (2,845.4)
Effect of exchange rate changes on cash and cash equivalents (43.8) 5.2 34.5 34.2
Change in cash and cash equivalents (200.2) 606.5 (480.8) (26.7)
Cash and cash equivalents at end of period $ 406.3 $ 606.5 $ 673.4 $ 1,154.2
See Notes to Consolidated Financial Statements.
107