|
Cash Flow for
Lamar Advertising Company
(LAMR)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
9,821 |
8,550 |
(40,102) |
(58,038) |
2,162 |
| Depreciation |
296,083 |
299,639 |
312,703 |
336,725 |
331,654 |
| Amortization |
17,741 |
18,517 |
16,934 |
19,442 |
16,137 |
| Amortization of Intagibles |
- |
- |
- |
- |
- |
| Deferred Income Taxes |
7,550 |
3,702 |
(24,588) |
- |
- |
| Operating Gains/Losses |
27,815 |
(9,871) |
12,498 |
(10,189) |
(9,177) |
| Extraordinary Gains/Losses |
- |
- |
- |
- |
- |
| Decrease in Receivables |
(13,783) |
(14,622) |
(4,539) |
(2,083) |
(11,013) |
| Decrease in Inventories |
- |
- |
- |
- |
- |
| Decrease in Prepaid Expenses |
1,903 |
1,201 |
2,581 |
5,959 |
599 |
| Decrease in Other Current Assets |
(2,876) |
- |
- |
- |
(19,243) |
| Increase in Payables |
(127) |
(489) |
2,460 |
(4,383) |
(4,452) |
| Increase in Other Current Liabilities |
2,259 |
(630) |
(275) |
9,676 |
(3,455) |
| Decrease in Other Working Capital |
9,573 |
(6,417) |
18,573 |
(8,371) |
- |
| Other Non-Cash Items |
37,691 |
37,758 |
26,575 |
5,005 |
43,308 |
| Net Cash from Continuing Operations |
375,909 |
318,821 |
322,820 |
293,743 |
346,520 |
| Net Cash from Discontinued Operations |
- |
- |
- |
- |
- |
| Cash from Operating Activities |
375,909 |
318,821 |
322,820 |
293,743 |
346,520 |
|
|
| Sale of Property, Plant, Equipment |
8,117 |
13,146 |
8,435 |
- |
- |
| Sale of Long Term Investments |
- |
- |
- |
14,065 |
- |
| Sale of Short Term Investments |
- |
- |
- |
- |
- |
| Purchase of Property, Plant, Equipment |
(105,570) |
(107,070) |
(43,452) |
(38,815) |
(198,070) |
| Acquisitions |
(206,068) |
(23,497) |
(6,703) |
(4,457) |
(249,951) |
| Purchase of Long Term Investments |
- |
- |
- |
- |
- |
| Purchase of Short Term Investments |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
- |
- |
240 |
168 |
10,602 |
| Cash from Investing Activities |
(303,399) |
(117,255) |
(41,480) |
(29,039) |
(437,419) |
| Cash from Discontinued Investing Activities |
- |
- |
- |
- |
- |
|
| Issuance of Debt |
1,150,000 |
- |
405,360 |
314,927 |
- |
| Issuance of Capital Stock |
13,855 |
5,457 |
10,160 |
4,840 |
11,182 |
| Repayment of Debt |
(1,187,294) |
(261,053) |
(683,358) |
(198,701) |
- |
| Repurchase of Capital Stock |
(1,113) |
(3,481) |
(1,629) |
(44) |
(93,390) |
| Payment of Cash Dividends |
(365) |
(365) |
(365) |
(365) |
(365) |
| Other Financing Charges, Net |
(22,500) |
- |
(32,597) |
(289,006) |
112,575 |
| Cash from Financing Activities |
(47,417) |
(259,442) |
(302,429) |
(168,349) |
30,002 |
| Cash from Discontinued Financing Activities |
- |
- |
- |
- |
- |
|
|
| Effect of Exchange Rate Changes |
315 |
(300) |
515 |
1,759 |
(1,012) |
| Net Change in Cash |
25,408 |
(58,176) |
(20,574) |
98,114 |
(61,909) |
|
| Cash at Beginning of Year |
33,503 |
91,679 |
112,253 |
14,139 |
76,048 |
| Cash at End of Period |
58,911 |
33,503 |
91,679 |
112,253 |
14,139 |
| Foreign Sales |
- |
- |
- |
- |
- |
| Domestic Sales |
- |
- |
- |
- |
- |
|
|
|
