Sunbeam 2006 Annual Report Download - page 87

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As of December 31,2005
Guarantor Non-Guarantor
Parent Subsidiaries Subsidiaries Eliminations Consolidated
Liabilities and stockholders’ equity
Current liabilities $ 93.4$408.0$212.2$0.9$714.5
Non-current liabilities 1,924.0 293.8 218.4(629.9)1,806.3
Stockholders’ equity 1,003.82,747.3 119.2(2,866.5)1,003.8
Total liabilities and stockholders’ equity $3,021.2$3,449.1$549.8$(3,495.5)$3,524.6
Condensed Consolidating Statements of Cash Flows:
Year Ended December 31,2006
Guarantor Non-Guarantor
(in millions) Parent Subsidiaries Subsidiaries Eliminations Consolidated
Net cash provided by (used in)
operating activities, net $171.8$32.8$31.4$— $236.0
Financing activities:
Proceeds from revolving
credit borrowings 307.2—197.0—504.2
Payments on revolving
credit borrowings (307.2)—(197.0)— (504.2)
(Payments on) proceeds from
intercompany transactions (50.0)37.412.6——
Payments on long-term debt (80.0)(1.3)(5.6)— (86.9)
Borrowings from foreign lines
of credit, net — — (6.6) — (6.6)
Proceeds from issuance of stock,
net of transactions fees 145.3— — — 145.3
Repurchase of common stock (50.0) — — — (50.0)
Debt issuance costs (3.3)— (0.5)— (3.8)
Proceeds from recouponing
of interest rate swaps 6.6———6.6
Other (0.2)——(0.2)
Net cash provided by (used in)
financing activities (31.4)35.9(0.1)— 4.4
Investing activities:
Additions to property,
plant and equipment (0.4) (53.6) (14.8) — (68.8)
Acquisition of business,
net of cash acquired (198.7)(11.1)——(209.8)
Other — 1.00.1—1.1
Net cash provided by (used in)
investing activities (199.1) (63.7) (14.7) — (277.5)
Effect of exchange rate changes on cash — — 2.6—2.6
Net increase (decrease) in
cash and cash equivalents (58.7)5.019.2—(34.5)
Cash and cash equivalents
at beginning of year 184.5(4.6)57.2—237.1
Cash and cash equivalents at end of year $ 125.8$0.4$76.4$— $202.6
Notes to Consolidated Financial Statements
Jarden Corporation 2006 Annual Report
85