Yahoo 2014 Annual Report Download - page 95
Download and view the complete annual report
Please find page 95 of the 2014 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.-
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
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
 |
 |
Yahoo! Inc.
Consolidated Statements of Cash Flows—(Continued)
Years Ended December 31,
2012 2013 2014
(in thousands)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property and equipment, net
(505,507) (338,131) (372,147)
Purchases of marketable securities
(3,520,327) (3,223,190) (7,890,092)
Proceeds from sales of marketable securities
741,947 2,871,834 2,269,659
Proceeds from maturities of marketable securities
381,403 748,915 945,696
Proceeds related to sale of Alibaba Group shares, net
6,247,728 — —
Proceeds from sale of Alibaba Group ADSs, net of
underwriting discounts, commissions, and fees
— — 9,404,974
Proceeds related to the redemption of Alibaba Group
Preference Shares
— 800,000 —
Acquisitions, net of cash acquired
(5,716) (1,247,544) (859,036)
Purchases of intangible assets
(3,799) (2,500) (2,658)
Proceeds from settlement of derivative hedge contracts
17,898 312,266 254,496
Payments for settlement of derivative hedge contracts
(11,141) (22,708) (5,454)
Proceeds from the sale of investments
26,132 181 —
Payments for equity investments in privately held
companies
(7,799) (4,226) (74,399)
Proceeds from sales of patents
— 79,950 86,300
Other investing activities, net
1,225 1,932 4,630
Net cash provided by (used in) investing activities
3,362,044 (23,221) 3,761,969
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock
218,371 353,267 308,029
Repurchases of common stock
(2,167,841) (3,344,396) (4,163,227)
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
35,844 64,407 149,582
Tax withholdings related to net share settlements of
restricted stock units
(60,939) (139,815) (280,879)
Distributions to noncontrolling interests
— — (22,344)
Proceeds from credit facility borrowings
— 150,000 —
Repayment of credit facility borrowings
— (150,000) —
Other financing activities, net
(4,892) (8,760) (13,627)
Net cash used in financing activities
(1,979,457) (1,743,884) (4,022,466)
Effect of exchange rate changes on cash and cash
equivalents
4,355 (18,330) (45,877)
Net change in cash and cash equivalents
1,105,388 (590,188) 590,326
Cash and cash equivalents at beginning of year
1,562,390 2,667,778 2,077,590
Cash and cash equivalents at end of year
$ 2,667,778 $ 2,077,590 $ 2,667,916
The accompanying notes are an integral part of these consolidated financial statements.
91