MITEL NETWORKS CORP MITL Cash Flow

Mitel networks corp (MITL)

CashFlow / TTM

Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Oct'13	Sep'13	Jul'13	Jun'13	Mar'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10
CASH PROVIDED BY (USED IN) Operating activities:
Net loss
-14,000	-34,100	-49,600	-49,700	-257,200	-205,300	-216,000	-217,300	-14,400	-47,600	-48,400	-20,700	-3,600	-800	11,600	-7,300	-24,900	-21,000	-19,100	-3,400	0	1,500	0	800	0	47,300	49,800	50,500	49,800	0	0	0	-	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Amortization and depreciation
138,000	118,700	97,600	76,000	64,000	76,800	88,100	100,700	101,500	104,100	105,200	99,100	93,800	84,900	79,000	75,900	62,300	52,300	41,700	34,500	0	36,700	0	35,600	0	35,300	34,500	33,600	33,400	0	0	0	-	0	0	0
Fair value adjustment on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accretion of interest on litigation settlement obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Stock-based compensation
18,600	17,000	15,300	14,400	15,100	16,300	15,800	16,800	16,400	15,900	15,300	12,800	10,500	8,200	6,600	6,100	5,400	5,100	4,400	4,200	0	4,400	0	4,300	0	4,300	4,300	4,600	4,800	0	0	0	-	0	0	0
Deferred income tax expense (recovery)
-20,800	-18,800	-18,800	-33,000	-29,200	-26,700	-29,700	-27,300	-7,200	-28,200	-35,700	-24,000	-35,500	-38,600	-26,600	-30,600	-32,900	-23,300	-22,700	-20,200	10,800	200	0	7,900	15,200	63,600	54,100	51,500	47,800	14,600	15,400	96,600	96,400	0	0	0
Goodwill impairment (note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Non-cash portion of debt retirement and other debt costs (note 11)
-	0	-	18,000	18,000	18,400	18,800	2,100	2,100	2,200	10,200	9,600	9,600	9,800	2,200	15,700	16,300	15,600	14,800	3,000	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Gain on divestitures (note 4)
-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on divestiture of the Mobile business unit (note 4)
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of interest
800	1,200	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash movements in provisions
13,800	13,600	13,600	10,200	11,600	11,900	8,700	8,200	6,300	2,600	4,500	2,700	-100	1,700	0	-	0	0	-	3,000	0	0	0	-100	3,000	6,700	8,000	8,700	6,600	6,600	2,800	1,000	4,400	0	0	0
Non-cash charge relating to acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized foreign exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Change in non-cashoperating assets and liabilities (note 19)
-4,800	-18,500	1,100	-9,700	-41,000	27,300	17,000	-3,700	24,100	-19,200	-19,200	24,900	38,600	23,600	3,100	-14,700	-39,400	-26,900	-28,100	-1,100	0	-13,800	0	-9,800	0	-9,100	-19,000	-10,800	-1,400	0	0	0	-	0	0	0
Net cash provided by (used in) operating activities
121,400	95,600	55,700	36,700	67,500	68,600	73,600	99,700	80,600	68,200	70,300	54,600	36,000	39,100	66,800	72,500	55,400	45,000	44,500	27,400	0	62,300	0	69,000	47,100	40,800	38,900	26,000	35,000	42,300	31,700	35,300	32,500	0	0	0
Additions to property, equipment and identifiable intangible assets
16,600	19,200	18,300	19,200	18,800	18,500	16,600	17,300	16,900	16,200	20,100	16,200	14,800	13,300	11,400	13,500	9,500	8,000	6,100	5,500	0	10,600	0	13,200	0	12,500	15,300	14,500	13,600	0	0	0	-	0	0	0
Acquisitions, net of cash acquired (note 3)
-	-	-	-	0	-	-	-	-	-	-	-	-	0	-	8,200	8,200	6,200	29,300	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from divestitures of business units, net of cash divested (note 4)
-	0	-	336,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized foreign exchange loss on hedging activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by (used in) investing activities
14,500	-388,700	-412,700	-93,300	-82,500	318,400	303,700	-17,300	-19,900	-19,200	-366,800	-362,900	-358,500	-359,000	-13,400	-21,700	-17,700	-14,200	-35,400	-27,600	0	-30,600	0	-34,100	-12,100	-11,400	-14,200	-13,700	-12,800	-13,400	-10,800	-7,800	-5,300	0	0	0
Financing activities:
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	-	-	-	-	-	0	0	0
Proceeds from issuance of long-term debt (note 11)
-	-	-	448,500	0	0	0	-	-	-	-	-	-	0	-	353,200	0	0	0	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt (note 11)
50,600	52,500	9,000	598,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of senior credit facilities (note 13)
-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of acquired long-term debt (note 3)
-	-	-	-	-	-	-	-	-	-	-	30,400	0	0	0	-	-	-	0	-	0	0	0	0	0	-	0	-	12,500	0	0	0	-	0	0	0
Borrowings under revolving credit facilities (note 11)
264,500	438,500	444,500	505,500	420,000	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of revolving credit facilities (note 11)
358,500	399,500	355,500	315,500	230,000	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issue costs and other debt costs (note 9)
-	-	-	16,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepayment fees related to repayment of senior credit facilities (note 13)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing costs and other debt costs (note 13)
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	11,000	0	0	0	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Repayment of capital lease liabilities and other long-term debt
4,000	4,400	4,900	6,100	6,900	0	0	-	6,100	-	6,400	7,300	7,500	7,100	6,600	7,300	6,800	6,300	6,100	4,400	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common shares from option exercises
3,800	11,300	10,900	10,900	10,400	2,800	3,000	2,200	4,300	4,400	3,500	4,100	2,500	3,900	5,900	6,700	0	0	0	-	0	500	0	300	-	0	0	0	-	0	0	0	-	0	0	-
Repurchase of common shares
-	-	-	35,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-144,800	282,400	340,100	-6,500	-4,700	-398,500	-400,400	-69,000	-68,500	-61,100	278,100	292,800	292,600	273,500	-75,700	28,000	9,700	33,100	55,500	-59,100	0	-40,900	0	-42,700	-41,500	-5,600	-6,000	-4,800	-16,600	-41,600	-41,700	-41,500	-31,400	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-2,400	-1,300	5,500	5,600	2,500	1,100	-3,800	-4,200	-1,800	-2,700	1,000	-4,200	-7,300	-11,800	-12,900	-7,700	-4,100	3,100	2,400	-300	0	-600	0	-1,700	-2,400	-100	-200	-1,300	-800	-1,100	-300	600	1,500	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
-11,300	-12,000	-11,400	-57,500	-17,200	-10,400	-26,900	9,200	-9,600	-14,800	-17,400	-19,700	-37,200	-58,200	-35,200	71,100	43,300	67,000	67,000	-59,600	0	-9,800	0	-9,500	-8,900	23,700	18,500	6,200	4,800	-13,800	-21,100	-13,400	-2,700	0	0	0
Repayment of capital lease liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	0	0	0	-	0	0	0	-	0	0	0
Payment of litigation settlement obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,700	0	0	0	-	0	0	0