Given the following information, calculate the cash flow statement for the current and prior year using the indirect method.

Exhibit 1: Income Statement (US$ Thousands)
	Current year	Prior year	Two years prior
Total revenue	$ 441,588	$ 589,379	$ 650,261
Store operating expenses
Food & beverage	125,190	168,222	189,363
Labour & benefits	149,140	191,034	207,091
Occupancy & other	118,281	156,517	162,433
Total	392,611	515,773	558,887
Other operating expenses
Depreciation and amortization	14,861	19,639	23,140
General & administrative	26,580	31,011	36,976
Asset impairment	45,994	49,110	58,485
Operating income (loss)	(38,458)	(26,154)	(27,227)
Interest expense	31,050	35,305	38,262
Other losses and charges	26,458	22,651	23,773
Gain on debt extinguishment	(32,912)	-	-
Loss before income taxes	(63,054)	(84,110)	(89,262)
Income tax expense (benefit)	375	11,150	(23,528)
Net loss	$ (63,429)	$ (95,260)	$ (65,734)

Exhibit 2: Balance Sheet (US$ Thousands)
	Current year	Prior year	Two years prior	Three years prior
Assets
Cash and cash equivalents	$ 636	$ 10,537	$ 402
Accounts receivable	5,087	10,723	7,621
Inventories	5,283	5,870	9,418	9,097
Prepaid expenses and other	2,129	2,928	3,535
Total current assets	13,135	30,058	20,976
Premises and equipment, net	252,870	292,765	315,793
Goodwill, net	-	34,920	72,012
Deferred income tax benefit	11,620	11,620	18,900
Other assets	28,670	29,193	44,000
Total assets	$ 306,295	$ 398,556	$ 471,681	$ 656,596
Liabilities and shareholders' equity
Current liabilities:
Accounts payable	$ 11,509	$ 15,766	$ 16,568
Accrued liabilities	54,292	64,265	64,567
Income taxes payable	35,038	33,773	30,164
Total current liabilities	100,839	113,804	111,299
Long-term debt	199,869	215,828	194,541
Other long-term liabilities	2,143	3,111	5,024
Total liabilities	302,851	332,743	310,864
Shareholders' equity (deficit):
Common stock	405	405	405
Additional paid-in capital	154,637	146,139	147,809
Retained earnings (accumulated deficit)	(58,118)	5,311	100,571
Treasury stock at cost	(93,480)	(86,042)	(87,968)
Total shareholders' equity (deficit)	3,444	65,813	160,817
Total liabilities & shareholders' equity (deficit)	$ 306,295	$ 398,556	$ 471,681

Complete the cash flow statemnt under the following assumptions.

a. All depreciation and amortization are related to net property and equipment.

b. Other assets are associated with cash from investing activities.

c. Other long-term liabilities pertain to cash from financing activities.

d. The capital expenditure amounts for the current and prior years are ($5,426) and ($8,629) respectively.

e.The company sale of equipment amounts to $19,386 for the current year and $0 for the prior year.

Additional info;

1. Gain on early retirement of debt is a positive number (because it is a gain) of $32,912 in the current year. This figure includes US$8,500 in credit for facility amendment and waiver fee.

2. Asset Impairment charges need to be treated in a similar fashion as depreciation in the cash flow statements.

3. Any changes in other assets need to be reflected in the investing activities section of the cash flow statement.

4. Any changes in long-term liabilities need to be reflected in the financing activities section of the cash flow statement. 5. Treasury stock reflects the amount at which shares were repurchased. For example, in the current year, treasury stock stands at ($93,480) which means that the company spent $93,480 to repurchase shares. You need to account for this in the financing activities section of the cash flow statement.

6. Additional Paid in capital increases the equity and needs to be accounted for in the financing activities section of the cash flow statement