Avago Technologies Limited Announces First Quarter Fiscal Year 2012 Financial Results

 
AVAGO TECHNOLOGIES LIMITED
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED
(IN MILLIONS)
     
Quarter ended

January 29,
2012

October 30,
2011

January 30,
2011

Cash flows from operating activities:
Net income $ 125 $ 154 $ 119
 
Adjustments to reconcile net income to net cash provided by operating activities:
 
Depreciation and amortization 37 39 41
Loss on extinguishment of debt - - 5
Impairment of investment and loan receivable from investee 2 - -
Share-based compensation 11 11 7
Tax benefits of share-based compensation - 6 8
Excess tax benefits from share-based compensation - (6 ) (2 )
Changes in assets and liabilities, net of acquisitions:
Trade accounts receivable 20 (43 ) (5 )
Inventory 1 6 (14 )
Accounts payable (8 ) 23 (30 )
Employee compensation and benefits (38 ) 1 (31 )
Other current assets and current liabilities (10 ) 12 (31 )
Other long-term assets and long-term liabilities   (1 )   (8 )   -  
Net cash provided by operating activities   139     195     67  
 
Cash flows from investing activities:
Purchase of property, plant and equipment (47 ) (37 ) (32 )
Acquisitions and investments, net of cash acquired - - (9 )
Loan receivable from cost method investee   -     (1 )   -  
Net cash used in investing activities   (47 )   (38 )   (41 )
 
Cash flows from financing activities:
Proceeds from government grants 1 - -
Debt repayments - - (230 )
Payments on capital lease obligations - (1 ) (1 )
Issuance of ordinary shares 5 15 22
Repurchases of ordinary shares (79 ) (25 ) -
Excess tax benefits from share-based compensation - 6 2
Dividend payments to shareholders   (29 )   (27 )   (17 )
Net cash used in financing activities   (102 )   (32 )   (224 )
 
Net increase (decrease) in cash and cash equivalents (10 ) 125 (198 )
Cash and cash equivalents at the beginning of period   829     704     561  
Cash and cash equivalents at end of period $ 819   $ 829   $ 363  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »



Review Article Be the first to review this article
Trimble

Photosat

Featured Video
Jobs
GIS Software Developer for UDC at Englewood, CO
GIS Analyst for G2 Partners LLC at San Ramon, CA
Architectural Designer for Champion Home Builders at Troy, MI
Vice President, Transportation Services for Associated General Contractors of New York State at Albany, NY
Upcoming Events
GIS-PRO 2017 at Jacksonville FL - Oct 23 - 26, 2017
GEO WEEK 2017 at Washington DC - Oct 23 - 27, 2017
Commercial UAV EXPO Americas at The Westgate Resort Las Vegas NV - Oct 24 - 26, 2017
6th International Colloquium on Scientific and Fundamental Aspects of GNSS / Galileo at Technical University of Valencia Valencia Spain - Oct 25 - 27, 2017
Teledyne Optech
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise