First Data 2014 Annual Report Download - page 109
Download and view the complete annual report
Please find page 109 of the 2014 First Data annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
 |
 |
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income
$ (700.9)
$ 447.2
$ 521.6
$ (795.2)
$ (527.3)
Adjustments to reconcile to net cash (used in) provided by
operating activities:
Depreciation and amortization (including amortization
netted against equity earnings in affiliates and
revenues)
8.1
793.7
529.1
—
1,330.9
(Gains) charges related to other operating expenses and
other income (expense)
101.9
20.8
(0.2)
—
122.5
Other non-cash and non-operating items, net
(483.9)
(332.2)
(19.3)
795.2
(40.2)
(Decrease) increase in cash resulting from changes in
operating assets and liabilities, excluding the effects of
acquisitions and dispositions
(606.0)
590.5
(103.0)
—
(118.5)
Net cash (used in) provided by operating activities
(1,680.8) 1,520.0 928.2 —
767.4
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property and equipment
(2.6)
(70.2)
(120.3)
—
(193.1)
Payments to secure customer service contracts, including
outlays for conversion, and capitalized systems
development costs
(0.8)
(133.4)
(43.0)
—
(177.2)
Acquisitions, net of cash acquired
(33.0)
0.1
—
—
(32.9)
Contributions to equity method investments
—
(7.9)
—
—
(7.9)
Proceeds from sale of property and equipment
—
2.3
5.7
—
8.0
Other investing activities
2.8
(3.5)
6.7
—
6.0
Distributions and dividends from subsidiaries
225.5
218.1
—
(443.6)
—
Net cash provided by (used in) investing activities
191.9 5.5 (150.9) (443.6)
(397.1)
CASH FLOWS FROM FINANCING ACTIVITIES
Short-term borrowings, net
—
—
99.1
—
99.1
Debt modification and related financing costs, net
17.3
—
—
—
17.3
Principal payments on long-term debt
(3.4)
(56.2)
(23.7)
—
(83.3)
Proceeds from sale-leaseback transactions
—
13.8
—
—
13.8
Distributions and dividends paid to noncontrolling
interests and redeemable noncontrolling interest
—
—
(54.0)
(207.9)
(261.9)
Distributions paid to equity holders
—
—
(424.0)
424.0
—
Purchase of noncontrolling interest
—
—
(25.1)
—
(25.1)
Capital transactions, net
(8.4)
—
(227.5)
227.5
(8.4)
Intercompany
1,549.2
(1,484.6)
(64.6)
—
—
Net cash provided by (used in) financing activities
1,554.7 (1,527.0) (719.8) 443.6
(248.5)
Effect of exchange rate changes on cash and cash
equivalents
—
(0.4)
1.2
—
0.8
Change in cash and cash equivalents
65.8 (1.9) 58.7 —
122.6
Cash and cash equivalents at beginning of period
162.2
24.5
299.0
—
485.7
Cash and cash equivalents at end of period
$ 228.0 $ 22.6 $ 357.7 $ —
$ 608.3
109