Yahoo 2013 Annual Report Download - page 83

Download and view the complete annual report

Please find page 83 of the 2013 Yahoo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 150

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150

Yahoo! Inc.
Consolidated Statements of Cash Flows
(Continued)
Years Ended December 31,
2011 2012 2013
(in thousands)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock ...................... $ 156,226 $ 218,371 $ 353,267
Repurchases of common stock ............................... (1,618,741) (2,167,841) (3,344,396)
Proceeds from issuance of convertible notes .................... — — 1,412,344
Payments for note hedges ................................... — — (205,706)
Proceeds from issuance of warrants ........................... — — 124,775
Excess tax benefits from stock-based awards .................... 70,680 35,844 64,407
Tax withholdings related to net share settlements of restricted stock
awards and restricted stock units ............................ (44,761) (60,939) (139,815)
Proceeds from credit facility borrowings ....................... — — 150,000
Repayment of credit facility borrowings ........................ — — (150,000)
Other financing activities, net ................................ (19,362) (4,892) (8,760)
Net cash used in financing activities ....................... (1,455,958) (1,979,457) (1,743,884)
Effect of exchange rate changes on cash and cash equivalents ...... (34,247) 4,355 (18,330)
Net change in cash and cash equivalents ................... 35,963 1,105,388 (590,188)
Cash and cash equivalents at beginning of year .................. 1,526,427 1,562,390 2,667,778
Cash and cash equivalents at end of year ....................... $1,562,390 $ 2,667,778 $ 2,077,590
See Note 8—“Investments in Equity Interests” for information about the non-cash proceeds of $800 million in
Alibaba Group Preference Shares.
The accompanying notes are an integral part of these consolidated financial statements.
81