10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
AMERICAN TOWER CORP /MA/ | |||
Ticker: AMT Fiscal Year: 2009 | |||
Statement Of Cash Flows Indirect | |||
Period Ending Dec 31, 2009 10-K (Filed: Mar 1, 2010) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| CASH FLOWS PROVIDED BY OPERATING ACTIVITIES: | |||
| Net income | $ 247,127 | 347,415 | 56,654 |
| Adjustments to reconcile net income to cash provided by operating activities: | |||
| Depreciation, amortization and accretion | 414,619 | 405,332 | 522,928 |
| Stock-based compensation expense | 60,670 | 54,807 | 54,603 |
| Income taxes related to discontinued operations | (3,140) | (107,914) | 6,191 |
| Decrease (increase) in restricted cash | 7,612 | (2,048) | (49,818) |
| Loss (gain) on investments and other non-cash (income) expense | (5,665) | 314 | (9,469) |
| Impairments, net loss on sale of long-lived assets, non-cash restructuring and merger related expense | 12,582 | 11,189 | 9,214 |
| Loss on retirement of long-term obligations | 4,261 | 26 | 34,826 |
| Amortization of deferred financing costs, debt discounts and other non-cash interest | 9,838 | 9,426 | 7,789 |
| Provision for losses on accounts receivable | 8,449 | 2,557 | 2,470 |
| Deferred income taxes | 156,780 | 92,513 | 21,239 |
| Changes in assets and liabilities, net of acquisitions: | |||
| Accounts receivable | (17,844) | (13,550) | (13,417) |
| Prepaid and other assets | (24,553) | (6,023) | 65,704 |
| Deferred rent asset | (36,306) | (50,369) | (69,673) |
| Accounts payable and accrued expenses | (9,609) | (27,374) | (7,237) |
| Accrued interest | (5,927) | (5,067) | (7,617) |
| Unearned revenue | (9,166) | 23,929 | 19,625 |
| Deferred rent liability | 26,590 | 27,618 | 26,650 |
| Other long-term liabilities | 5,808 | 10,477 | 22,017 |
| Cash provided by operating activities | 842,126 | 773,258 | 692,679 |
| CASH FLOWS USED FOR INVESTING ACTIVITIES: | |||
| Payments for purchase of property and equipment and construction activities | (250,262) | (243,484) | (154,381) |
| Payments for acquisitions, net of cash acquired | (295,603) | (42,817) | (43,962) |
| Proceeds from sales of available-for-sale securities and other long-term assets | 9,103 | 5,373 | 22,163 |
| Deposits, restricted cash, short-term investments and other | (6,304) | 5,988 | (10,000) |
| Cash used for investing activities | (543,066) | (274,940) | (186,180) |
| CASH FLOWS USED FOR FINANCING ACTIVITIES: | |||
| Proceeds from issuance of certificates in securitization transaction | 0 | 0 | 1,750,000 |
| Borrowings under credit facilities | 0 | 575,000 | 2,175,000 |
| Proceeds from issuance of senior notes | 900,000 | 0 | 500,000 |
| Repayment of notes payable, credit facilities and capital leases | (931,199) | (327,453) | (3,612,240) |
| Purchases of Class A common stock | (213,288) | (714,655) | (1,642,821) |
| Proceeds from stock options, warrants and stock purchase plan | 65,973 | 82,928 | 124,087 |
| Deferred financing costs and other financing activities | (16,428) | (3,992) | (48,666) |
| Cash used for financing activities | (194,942) | (388,172) | (754,640) |
| Net effect of changes in foreign currency exchange rates on cash and cash equivalents | 98 | (192) | 0 |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 104,216 | 109,954 | (248,141) |
| CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR | 143,077 | 33,123 | |
| CASH AND CASH EQUIVALENTS, END OF YEAR | 247,293 | 143,077 | 33,123 |
| External Links | |
| AMERICAN TOWER CORP /MA/ (AMT) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |