Charter 2012 Annual Report Download - page 81

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The accompanying notes are an integral part of these consolidated financial statements.
F- 6
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in millions)
Year Ended December 31,
2012 2011 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss $ (304) $ (369) $ (237)
Adjustments to reconcile net loss to net cash flows from
operating activities:
Depreciation and amortization 1,713 1,592 1,524
Noncash interest expense 45 34 74
Loss on extinguishment of debt 55 143 81
Deferred income taxes 250 290 287
Other, net 45 33 34
Changes in operating assets and liabilities, net of effects
from acquisitions and dispositions:
Accounts receivable 34 (24) 1
Prepaid expenses and other assets (8) 1 22
Accounts payable, accrued liabilities and other 46 37 142
Net cash flows from operating activities 1,876 1,737 1,928
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment (1,745) (1,311) (1,209)
Change in accrued expenses related to capital expenditures 13 57 8
Sales (purchases) of cable systems, net 19 (88) —
Other, net (24) (24) 31
Net cash flows from investing activities (1,737) (1,366) (1,170)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings of long-term debt 5,830 5,489 3,115
Repayments of long-term debt (5,901) (5,072) (4,352)
Repayment of preferred stock — — (138)
Payments for debt issuance costs (53) (62) (76)
Purchase of treasury stock (11) (733) (6)
Other, net 1 5 (6)
Net cash flows from financing activities (134) (373) (1,463)
NET INCREASE (DECREASE) IN CASH AND CASH
EQUIVALENTS 5 (2) (705)
CASH AND CASH EQUIVALENTS, beginning of period 2 4 709
CASH AND CASH EQUIVALENTS, end of period $ 7 $ 2 $ 4
CASH PAID FOR INTEREST $ 904 $ 899 $ 735