Question
Given the cash flow information below, what is the cash available to service debt? Cash Flow StatementNet income1,345.3Depreciation and amortization661.5Change in accounts receivables(120.4)Change in other
Given the cash flow information below, what is the cash available to service debt?
Cash Flow StatementNet income1,345.3Depreciation and amortization661.5Change in accounts receivables(120.4)Change in other long term operating assets and liabilities(214.7)Operating cash flow1,671.7Capital expenditure(439.6)Purchases of intangibles(127.0)Investing cash flow(566.6)Dividends paid(344.4)Share repurchases(175.0)Revolver issuance (repayment)(204.6)Long term debt issuance / (repayment)(884.9)Financing cash flow(1,608.9)Net cash flow(503.8)Beginning cash and cash equivalents1,356.4Ending cash and cash equivalents1,356.4852.6
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