EX-99.1B6 8 dex991b6.txt STATEMENT OF CASH FLOWS Exhibit 99.1(b) 6 UNAUDITED CONSOLIDATED STATEMENT OF CASH FLOWS NATIONAL DATA CORPORATION AND SUBSIDIARIES
(In thousands) ---------------------------------------------------------------------------------------------------------------- Nine Months Ended February 28, 2001 --------------------------- Cash flows from operating activities: Net income $ 31,192 Adjustments to reconcile net income to cash provided by operating activities before changes in assets and liabilities: Non-cash restructuring and impairment charges 930 Income from discontinued operations (8,323) Depreciation and amortization 25,582 Deferred income taxes 36,017 Provision for bad debts 490 Other, net 718 Changes in assets and liabilities which provided (used) cash, net of the effects of acquisitions: Accounts receivable, net (481) Prepaid expenses and other assets (8,929) Accounts payable and accrued liabilities (6,643) Deferred income 760 Income taxes (15,720) -------- Net cash provided by operating activities 55,593 -------- Cash flows from investing activities: Capital expenditures (25,177) Business acquisitions, net of acquired cash (23,224) Business divestitures 20,000 Purchase of investment (18,092) -------- Net cash used in investing activities (46,493) -------- Cash flows from financing activities: Net repayments under lines of credit (68,500) Net principal payments under capital lease arrangements and other long-term debt (2,126) Net issuances related to stock activities 5,292 Dividends paid (7,409) -------- Net cash used in financing activities (72,743) -------- Net cash provided by discontinued operations 10,305 Cash dividend from Global Payments Inc. 77,600 -------- Increase in cash and cash equivalents 24,262 Cash and cash equivalents, beginning of period 1,789 -------- Cash and cash equivalents, end of period $ 26,051 ======== Press Release Attachment Page 6