EXHIBIT 99.1(b)6
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
NATIONAL DATA CORPORATION AND SUBSIDIARIES
(In thousands)
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Three Months Ended August 31,
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2001 2000
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Cash flows from operating activities:
Net income $ 11,079 $ 16,180
Adjustments to reconcile net income to cash provided by
operating activities:
Income from discontinued operations - (8,649)
Depreciation and amortization 6,581 8,213
Deferred income taxes 434 -
Provision for bad debt 609 490
Other, net 108 797
Changes in assets and liabilities which provided (used) cash,
net of the effects of acquisitions:
Accounts receivable, net (281) 1,951
Prepaid expenses and other assets (135) (492)
Accounts payable and accrued liabilities (12,693) (4,017)
Deferred income 5,039 5,513
Income taxes 1,786 3,876
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Net cash provided by operating activities 12,527 23,862
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Cash flows from investing activities:
Capital expenditures (5,795) (7,031)
Business acquisitions, net of acquired cash - (10,227)
Business divestiture and sale of marketable securities - 20,000
Purchase of investment - (11,756)
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Net cash used in investing activities (5,795) (9,014)
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Cash flows from financing activities:
Net repayments under lines of credit - (9,500)
Net principal payments under capital lease arrangements
and other long-term debt (1,443) (1,410)
Net issuances (purchases) related to stock activities 1,675 (1,065)
Dividends paid (1,359) (2,459)
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Net cash used in financing activities (1,127) (14,434)
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Net cash provided by discontinued operations 1,207 8,018
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Increase in cash and cash equivalents 6,812 8,432
Cash and cash equivalents, beginning of period 12,420 1,789
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Cash and cash equivalents, end of period $ 19,232 $ 10,221
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