SUNEDISON, INC. AND SUBSIDIARIES | |||||||||||||||||||
UNAUDITED SUPPLEMENTAL INFORMATION FOR CASH FLOW | |||||||||||||||||||
FOR THE THREE MONTHS ENDED MARCH 31, 2014 | |||||||||||||||||||
(In millions) | |||||||||||||||||||
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Supplemental Consolidating Data | ||||||||||||||||
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Consolidated |
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Renewable Energy Development |
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TerraForm Power |
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Discontinued Operations |
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Consolidating Adjustments | ||||||||||
Cash flows from operating activities: |
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Net loss |
$ |
(616) |
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$ |
(597) |
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|
$ |
(4) |
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|
$ |
(15) |
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|
$ |
— |
|
Adjustments to reconcile net loss to net cash used in operating
|
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Depreciation and amortization |
62 |
|
|
30 |
|
|
4 |
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|
28 |
|
|
— |
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Stock-based compensation |
9 |
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|
7 |
|
|
— |
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|
2 |
|
|
— |
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Deferred tax benefit |
(3) |
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— |
|
|
(1) |
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(2) |
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— |
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Deferred revenue |
(50) |
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|
(50) |
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— |
|
|
— |
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|
— |
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Loss on convertible notes derivatives, net |
452 |
|
|
452 |
|
|
— |
|
|
— |
|
|
— |
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Other non-cash |
2 |
|
|
2 |
|
|
— |
|
|
— |
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|
— |
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Changes in operating assets and liabilities |
(71) |
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|
(82) |
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|
(20) |
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|
31 |
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Net cash (used in) provided by operating activities |
(215) |
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|
(238) |
|
|
(21) |
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|
44 |
|
|
— |
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Cash flows from investing activities: |
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|
|
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|
|
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Capital expenditures |
(20) |
|
|
(1) |
|
|
— |
|
|
(19) |
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|
— |
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Construction of renewable energy systems |
(326) |
|
|
(326) |
|
|
(99) |
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|
|
|
99 |
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Contribution of renewable energy systems |
— |
|
|
99 |
|
|
— |
|
|
— |
|
|
(99) |
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Purchases of cost and equity method investments |
(19) |
|
|
(19) |
|
|
— |
|
|
— |
|
|
— |
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Change in restricted cash |
(14) |
|
|
(34) |
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|
20 |
|
|
— |
|
|
— |
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Change in cash committed for construction projects |
81 |
|
|
81 |
|
|
— |
|
|
— |
|
|
— |
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Cash paid for acquisitions, net of cash acquired |
(14) |
|
|
— |
|
|
(14) |
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|
— |
|
|
— |
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Change in intercompany note balances |
— |
|
|
(3) |
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|
|
|
3 |
|
|
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Net cash used in investing activities |
(312) |
|
|
(203) |
|
|
(93) |
|
|
(16) |
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— |
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Cash flows from financing activities: |
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Proceeds from short-term and long-term debt |
462 |
|
|
148 |
|
|
314 |
|
|
— |
|
|
— |
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Principal payments on short-term and long-term debt |
(21) |
|
|
(20) |
|
|
(1) |
|
|
— |
|
|
— |
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Net parent investment and other intercompany financing
|
— |
|
|
(5) |
|
|
36 |
|
|
(31) |
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Contributions from noncontrolling interests |
10 |
|
|
9 |
|
|
1 |
|
|
— |
|
|
— |
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Cash paid for contingent consideration for acquisitions |
(2) |
|
|
(2) |
|
|
— |
|
|
— |
|
|
— |
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Debt financing fees |
(32) |
|
|
(17) |
|
|
(15) |
|
|
— |
|
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— |
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Other |
2 |
|
|
2 |
|
|
— |
|
|
— |
|
|
— |
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Net cash provided by (used in) financing activities |
419 |
|
|
115 |
|
|
335 |
|
|
(31) |
|
|
— |
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Effect of exchange rate changes on cash and cash equivalents |
(2) |
|
|
(2) |
|
|
— |
|
|
— |
|
|
— |
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Net (decrease) increase in cash and cash equivalents |
(110) |
|
|
(328) |
|
|
221 |
|
|
(3) |
|
|
— |
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Cash used by discontinued operations |
(3) |
|
|
— |
|
|
— |
|
|
(3) |
|
|
— |
| |||||
Net change in cash and cash equivalents from continuing
|
(107) |
|
|
(328) |
|
|
221 |
|
|
|
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Cash and cash equivalents at beginning of period |
533 |
|
|
532 |
|
|
1 |
|
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Cash and cash equivalents at end of period |
$ |
426 |
|
|
$ |
204 |
|
|
$ |
222 |
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