EX-99.1(B)5 8 dex991b5.txt STATEMENTS OF CASH FLOW UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS Exhibit 99.1 (b)5 NDCHealth Corporation and Subsidiaries
(In thousands) ---------------------------------------------------------------------------------------------------------------------- Nine Months Ended March 1, February 28, 2002 2001 -------------------- ---------------- Cash flows from operating activities: Net income $ 35,261 $ 31,192 Adjustments to reconcile net income to cash provided by operating activities: Equity in losses of affiliated companies 340 - Non-cash restructuring and impairment charges - 930 Income from discontinued operations - (8,323) Depreciation and amortization 18,426 25,582 Deferred income taxes 3,908 36,017 Provision for bad debts 1,552 490 Other, net (364) 718 Changes in assets and liabilities which provided (used) cash, net of the effects of acquisitions: Accounts receivable, net (2,018) (481) Prepaid expenses and other assets (4,482) (8,929) Accounts payable and accrued liabilities (4,459) (6,643) Deferred income 4,695 760 Income taxes 667 (15,720) ------------------------------------ Net cash provided by operating activities 53,526 55,593 ------------------------------------ Cash flows from investing activities: Capital expenditures (23,398) (25,177) Business acquisitions, net of acquired cash (2,800) (23,224) Business divestiture - 20,000 Investments and other non-current assets (17,556) (18,092) ------------------------------------ Net cash used in investing activities (43,754) (46,493) ------------------------------------ Cash flows from financing activities: Net short-term borrowings (repayments) 50,000 (68,500) Net principal payments under capital lease arrangements and other long-term debt (2,135) (2,126) Net issuances related to stock activities 6,192 5,292 Dividends paid (4,089) (7,409) ------------------------------------ Net cash provided by (used in) financing activities 49,968 (72,743) ------------------------------------ Cash flows from discontinued operations: Cash provided by tax benefits of discontinued operations 15,596 - Cash (used in) provided by discontinued operations (6,649) 10,305 Cash dividend from Global Payments Inc. - 77,60 ------------------------------------ Net cash provided by discontinued operations 8,947 87,905 ------------------------------------ Increase in cash and cash equivalents 68,687 24,262 Cash and cash equivalents, beginning of period 12,420 1,789 ------------------------------------ Cash and cash equivalents, end of period $ 81,107 $ 26,051 ====================================