Electronic Arts 1999 Annual Report Download - page 27

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(In thousands)
Years ended March 31, 1999 1998 1997
FINANCING ACTIVITIES:
Proceeds from sales of shares through
stock plans $ 30,577 $ 37,748 $ 21,001
Purchase of treasury shares (9,001) – –
Repayment of notes receivable – 87 101
Tax benefit from exercise of stock options 5,614 7,931 9,210
Proceeds from minority interest investment
in consolidated joint venture 2,109 – –
Net cash provided by
financing activities 29,299 45,766 30,312
Translation adjustment (2,191) (1,273) 185
Increase in cash and cash equivalents 26,245 73,967 16,266
Beginning cash and cash equivalents 215,963 141,996 125,730
Ending cash and cash equivalents 242,208 215,963 141,996
Short-term investments 70,614 158,597 126,145
Ending cash, cash equivalents
and short-term investments $ 312,822 $ 374,560 $ 268,141
Supplemental cash flow information:
Cash paid during the year for
income taxes $ 43,050 $ 32,888 $ 15,323
Non-cash investing activities:
Change in unrealized appreciation
of investments and
marketable securities $ 1,805 $ (1,411) $ (19,562)
See accompanying notes to consolidated financial statements.