HR Block 2007 Annual Report Download - page 119

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H&R Block, Inc. BFC Other Consolidated
April 30, 2006 (Guarantor)(Issuer) Subsidiaries Eliminations H&R Block
Cash & cash equivalents $– $134,407 $539,420 $–$673,827
Cash & cash equivalents –restricted – 368,999 16,440 –385,439
Receivables from customers, brokers and dealers, net –496,577 ––496,577
Receivables, net 161 107,079 368,056 –475,296
Intangible assets and goodwill, net –234,727 916,922 –1,151,649
Investments in subsidiaries 5,237,611 215 456(5,237,611) 671
Assets held for sale –1,893,834 48,419 –1,942,253
Other assets –422,177 441,786 (540) 863,423
Total assets $5,237,772 $3,658,015 $2,331,499 $(5,238,151) $5,989,135
Accounts payable to customers, brokers and dealers $– $781,303 $– $– $781,303
Long-term debt –398,001 19,261 –417,262
Liabilities held for sale –216,463 3,808 –220,271
Other liabilities 2826,148 1,596,350 –2,422,500
Net intercompany advances 3,089,971 (355,358) (2,734,567) (46) –
Stockholders’ equity 2,147,799 1,791,458 3,446,647 (5,238,105) 2,147,799
Total liabilities and stockholders’ equity $5,237,772 $3,658,015 $2,331,499 $(5,238,151) $5,989,135
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(in 000s)
H&R Block, Inc. BFC Other Consolidated
Year Ended April 30, 2007 (Guarantor)(Issuer) Subsidiaries Eliminations H&R Block
Net cash provided by (used in) operating activities: $47,638 $ (244,776) $(387,586) $–$(584,724)
Cash flows from investing activities:
Mortgage loans originated for investment, net –(954,281) ––(954,281) 91 m
Purchases of property & equipment –(3,063) (158,028) –(161,091)
Payments made for business acquisitions ––(57,554) –(57,554)
Net intercompany advances 276,450 ––(276,450) –
Investing cash flows of discontinued operations –19,744 (4,382) – 15,362
Other, net –3,955 (4,767) –(812)
Net cash provided by (used in) investing activities 276,450 (933,645) (224,731) (276,450) (1,158,376)
Cash flows from financing activities:
Repayments of commercial paper –(7,908,668) (355,893) –(8,264,561)
Proceeds from commercial paper –8,900,750 355,893 –9,256,643
Repayments of other short-term borrowings –(6,010,432) ––(6,010,432)
Proceeds from other short-term borrowings –6,689,432 ––6,689,432
Customer banking deposits –1,129,263 ––1,129,263
Repayments of Senior Notes –(500,000) ––(500,000)
Dividends paid (171,966) –––(171,966)
Acquisition of treasury shares (188,802) –––(188,802)
Proceeds from issuance of common stock 25,703 –––25,703
Excess tax benefits on stock-based compensation 3,236 –––3,236
Net intercompany advances –(1,134,416) 857,966 276,450 –
Financing cash flows of discontinued operations –52,698 (277) –52,421
Other, net 7,741 (9,495) (28,072) –(29,826)
Net cash provided by (used in) financing activities (324,088) 1,209,132 829,617 276,450 1,991,111
Net decrease in cash and cash equivalents –30,711 217,300 –248,011
Cash and cash equivalents at beginning of the year –134,407 539,420 –673,827
Cash and cash equivalents at end of the year $– $165,118 $756,720 $–$921,838
H&R BLOCK 2007 Form 10K