Staples 2002 Annual Report Download - page 94

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STAPLES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
NOTE N Guarantor Subsidiaries (Continued)
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
For the year ended February 3, 2001
(in thousands)
Non-
Staples, Inc. Guarantor Guarantor
(Parent Co.) Subsidiaries Subsidiaries Consolidated
Net cash provided by operating activities $ 242,661 $230,980 $108,756 $ 582,397
Investing Activities:
Acquisition of property, equipment and lease rights .............. (43,208) (310,422) (96,803) (450,433)
Other ............................................. (50,117) — 126 (49,991)
Cash used in investing activities ............................. (93,325) (310,422) (96,677) (500,424)
Financing Activities:
Payments on borrowings ................................. (2,741,431) (2,481) (9,821) (2,753,733)
Proceeds from borrowings and other ........................ 2,711,343 109,301 7,700 2,828,344
Cash used in financing activities ............................. (30,088) 106,820 (2,121) 74,611
Effect of exchange rate changes on cash ....................... — — (3,507) (3,507)
Net increase in cash ..................................... 119,248 27,378 6,451 153,077
Cash and cash equivalents at beginning of period ................. 23,577 24,677 62,229 110,483
Cash and cash equivalents at end of period ..................... $ 142,825 $ 52,055 $ 68,680 $ 263,560
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