THEFIMG FISHER SCIENTIFIC INC. Consolidated Statement of Cash Flows For Year Ended December 31. S millions Dperating Activities Net Income ............................................................. Adjustments to reconcile net income to net cash provided by assisting activities: Depreciation and amortization .............................................. Change in deferred income taxes ............................................ Noncash stocloeased compensation ......................................... Other noncash expenses. not. .............................................. changes in assets and liabilities. excluding the efeds of acquisitions: Acosta-its raceivahile .................................................... Inventories ........................................................... Other assets .......................................................... ecooints pavaele ...................................................... Other liabilities ....................................................... . Conictilions to retirement pians .......................................... Net cash provided by operating activities ...................................... Initiating Activities Acquisitions. net of cash acquired ........................................... Purchase of property. plant and mailman! ................................... . Proceeds from sale of propev. plant and equipment ............................ Other investing activities. not .............................................. . Net cash used in investing activities .......................................... Financing activities Net proceeds tram issuance ct dent .......................................... Fiepavn'imt of debt ....................................................... Proceeds Irom issuance of ocmmerdal paper .................................. Repayments of commercial paper ........................................... Purchases of company common stock ........................................ Dividends paid .......................................................... Net proceeds from issuance of oonipliini.r common stock under employee stock plans. . . Other financing activities .................................................. Net cash {used in} provided by nancing activities ............................... Eied'ianpe Plate Eifect on Cash ............................................. Increase In Cash. Cash Equivalents and Restricted Cash ......................... Cash. Cash Equivalents and Restricted cash at Beginning of Period ................ Gash, Cash Equivalents and Restricted Bash at End at Period ..................... $2.938 ads? m9} 131 we I355} \"524} 2m [42} (93} 4.543 lai (753} I?) (1.253} {2.052} SHED {5.254} l5i (266} 135 {51} {2.2311 [29\" 355 1.351 53*\"? Required rt. What amounts does the company report for net income and cash from operating activities? 1What one item explains most of this difference? Why does the company.r add these atnounts in the norm ptttation of operating cash flows? b. Thcnno Fisher Scientic reports a positive amount of $Itll million relating to noncash stock-based compensation. 1What does this positive amount signify? c. Theron: Fisher Scientic reports a cash outow of $763 million relating to the acquisition of PFE. Is this cash outow a cause for concern? Explain. Did the company dispose of an}r PPE during 2013'? How do we know? d. Thenno Fisher Scientic's net cash flows from financing activities is $2.23?) million. For what purposes is 'l'hermo Fisher Scientic using this cash\"? r. Calculate the operating cash flow to current liabilities ratio and the operating cash flow to capital expenditures ratio. Current liabilities were $6.14? million in Ellis and it-ill million in lill'l. What do these ratios measure? 3". The cash balance increased by $155 million during the year. Does Thermo Fisher Scientic present a \"healthy" cash flow picture for the veer? Explain