iHeartMedia 2009 Annual Report Download - page 154

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149
Post-mer
g
er Period from Jul
y
31 throu
g
h December 31, 2008
(In thousands) Parent Subsidiary Guarantor Non-Guarantor
Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated
Cash flows from financin
g
activities:
Draws on credit facilities
— 150,000 — 30,000 — 180,000
Payments on credit facilities
— (127,891) — (660) — (128,551)
Proceeds from long-term debt
— 532,500 — 25,020 — 557,520
Payments on long-term debt
— (513,392) (4,098) (37,145) (29) (554,664)
Re
p
urchases of lon
g
-term debt
—
—
—
—
(24,425) (24,425)
Intercompany funding
5,720 215,169 (134,895) (85,994) — —
Debt proceeds used to finance the merger
— 15,382,076 — — — 15,382,076
Equity proceeds used to finance the merger
2,142,830 — — — — 2,142,830
Payments for purchase of common shares
— — — 25,995 (26,042) (47)
Net cash provided by (used in) financing activities
2,148,550 15,638,462 (138,993) (42,784) (50,496) 17,554,739
Cash flows from discontinued o
p
erations:
Net cash (used in) provided by operating activities — — 2,429 — — 2,429
Net cash provided by investing activities
— — — — — —
Net cash
p
rovided b
y
(used in) financin
g
activities
—
—
—
—
—
—
Net cash provided by discontinued operations
— — 2,429 — — 2,429
Net (decrease) increase in cash and cash e
q
uivalents
—
—
68,845 22,646
—
91,491
Cash and cash equivalents at beginning of period
— — 70,588 77,767 — 148,355
Cash and cash equivalents at end of period
$ — $ — $ 139,433 $ 100,413 $ — $ 239,846