Invacare 2009 Annual Report Download - page 115

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INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Supplemental Guarantor Information—Continued
CONSOLIDATING CONDENSED STATEMENTS OF CASH FLOWS
The
Company
(Parent)
Combined
Guarantor
Subsidiaries
Combined
Non-Guarantor
Subsidiaries Eliminations Total
(in thousands)
Year ended December 31, 2009
Net Cash Provided (Used) by
Operating Activities ............ $154,367 $ 1,823 $ 105,575 $(106,102) $ 155,663
Investing Activities
Purchases of property and
equipment ..................... (6,733) (1,875) (9,391) — (17,999)
Proceeds from sale of property and
equipment ..................... 5 — 1,158 — 1,163
Decrease (increase) in other long-term
assets ......................... 737 (122) (14) — 601
Other ........................... (579) 416 (284) — (447)
Net Cash Used for Investing
Activities ...................... (6,570) (1,581) (8,531) — (16,682)
Financing Activities
Proceeds from revolving lines of credit,
securitization facility and long-term
borrowings ..................... 400,123 — — — 400,123
Payments on revolving lines of credit,
securitization facility and long-term
borrowings ..................... (552,294) — (1,142) — (553,436)
Proceeds from exercise of stock
options ........................ 1,628 — — — 1,628
Payment of dividends .............. (1,605) — (106,102) 106,102 (1,605)
Net Cash Provided (Used) by
Financing Activities ............. (152,148) — (107,244) 106,102 (153,290)
Effect of exchange rate changes on cash .... — — 4,294 — 4,294
Increase (Decrease) in cash and cash
equivalents ......................... (4,351) 242 (5,906) — (10,015)
Cash and cash equivalents at beginning of
year .............................. 10,920 2,284 34,312 — 47,516
Cash and cash equivalents at end of year . . . $ 6,569 $ 2,526 $ 28,406 $ — $ 37,501
FS-47