|
VIASYSTEMS GROUP, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (dollars in thousands) (unaudited) |
||||||||||
|
Six Months Ended
June 30, |
||||||||||
| 2013 | 2012 | |||||||||
| Net cash provided by operating activities | $ | 40,430 | $ | 32,152 | ||||||
| Cash flows from investing activities: | ||||||||||
| Capital expenditures | (39,496 | ) | (52,490 | ) | ||||||
| Proceeds from disposals of property | 297 | 102 | ||||||||
| Acquisition of DDi, net of cash acquired | – | (253,464 | ) | |||||||
| Acquisition of remaining interest in Huizhou, China facility | – | (10,106 | ) | |||||||
| Net cash used in investing activities | (39,199 | ) | (315,958 | ) | ||||||
| Cash flows from financing activities: | ||||||||||
| Repayment of Senior Subordinated Convertible Notes Due 2013 | (895 | ) | – | |||||||
| Repayments of borrowings under mortgages, capital leases and credit facilities, net of borrowings |
(670 |
) |
(82 |
) |
||||||
| Withholding taxes related to stock awards | (612 | ) | – | |||||||
| Proceeds from 7.875% Senior Secured Notes | – | 550,000 | ||||||||
| Repayment of 12.0% Senior Secured Notes | – | (236,295 | ) | |||||||
| Financing and other fees | – | (16,006 | ) | |||||||
| Net cash (used in) provided by financing activities | (2,177 | ) | 297,617 | |||||||
| Net change in cash and cash equivalents | (946 | ) | 13,811 | |||||||
| Beginning cash | 74,816 | 71,281 | ||||||||
| Ending cash | $ | 73,870 | $ | 85,092 | ||||||
This information is intended to be reviewed in conjunction with the
company’s filings with the Securities and Exchange Commission.
