Sunbeam 2005 Annual Report Download - page 86

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Jarden Corporation
Notes to Consolidated Financial Statements (cont’d)
December 31, 2005
Condensed Consolidating Statement of Cash Flows (in millions):
Year Ended December 31, 2005
Parent Guarantor
Subsidiaries Non-Guarantor
Subsidiaries Eliminations Consolidated
Net cash (used in) provided by
operating activities ........ $ (146.8) $ 298.4 $ 89.3 $— $ 240.9
Financing activities:
Proceeds from revolving
credit borrowings ..... 373.1 — — — 373.1
Payments on revolving
credit borrowings ..... (373.1) — — — (373.1)
Proceeds (payments) from
(to) intercompany
transactions .......... 349.5 (320.1) (29.4) — —
Proceeds from issuance of
long-term debt ....... 1,310.8 — 56.0 — 1,366.8
Payments on long-term
debt ................ (369.9) — — — (369.9)
Proceeds from issuance of
stock, net of transaction
fees ................ 356.2 — — — 356.2
Repurchase of common
stock ............... (35.4) — — — (35.4)
Proceeds from
recouponing of interest
rate swaps ........... 16.8 — — — 16.8
Debt issuance costs ..... (20.3) — (1.0) — (21.3)
Other ................. 19.1 (0.4) (12.1) — 6.6
Net cash provided by (used in)
financing activities ........ 1,626.8 (320.5) 13.5 — 1,319.8
Investing activities:
Additions to property,
plant and
equipment .......... (0.9) (45.7) (11.9) — (58.5)
Acquisition of business,
net of cash acquired . . . (1,311.1) 57.0 (35.5) — (1,289.6)
Other ................. — 7.0 — — 7.0
Net cash (used in) provided by
investing activities ........ (1,312.0) 18.3 (47.4) — (1,341.1)
Effect of exchange rate
changes on cash .......... — — (3.2) — (3.2)
Net (decrease) increase in
cash and cash equivalents . . 168.0 (3.8) 52.2 — 216.4
Cash and cash equivalents at
beginning of year ......... 16.5 (0.8) 5.0 — 20.7
Cash and cash equivalents at
end of year .............. $ 184.5 $ (4.6) $ 57.2 $— $ 237.1
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