Yahoo 2007 Annual Report Download - page 65

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Supplemental cash flow disclosures:
Income taxes paid were $51 million, $66 million, and $141 million in the years ended December 31, 2005, 2006,
and 2007, respectively. Interest paid was not material in any of the years presented.
Acquisition-related activities:
2005 2006 2007
Years Ended December 31,
(In thousands)
Cash paid for acquisitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,700,898 $150,859 $1,019,755
Cash acquired in acquisitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2,734) (8,587) (46,178)
$1,698,164 $142,272 $ 973,577
Fair value of common stock and vested stock-based awards issued in connection
with acquisitions
(*)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 6,746 $ — $ 290,671
(*)
Previously, amounts for 2005 and 2006 also included the fair value of unvested stock-based awards which are recognized as stock
compensation expense as discussed in Note 3 — “Acquisitions.”
During the year ended December 31, 2005, the Company contributed its China based businesses (“Yahoo! China”)
as partial consideration for its investment in Alibaba Group Holding Limited (“Alibaba” or the “Alibaba Group”).
See Note 4 — “Investments in Equity Interests” for additional information.
During the year ended December 31, 2006, the Company contributed its Australian Internet business, Yahoo!
Australia and New Zealand as consideration for its strategic partnership with Seven Network Limited. See
Note 3 — “Acquisitions” for additional information.
The accompanying notes are an integral part of these consolidated financial statements.
63
Yahoo! Inc.
Consolidated Statements of Cash Flows — (Continued)