AMIS Holdings, Inc. Reports Fourth Quarter and Full Year 2007 Financial Results

                         AMIS Holdings, Inc.
           Condensed Consolidated Statements of Cash Flows
                            (In Millions)

                                               Twelve Months Ended:
                                             -------------------------
                                             December 31, December 31,
                                                 2007         2006
                                             (unaudited)
                                             ------------ ------------

Cash flows from operating activities
Net income                                   $     29.4   $      37.4
     Adjustments to reconcile net income to
      net cash provided by operating
      activities:
       Depreciation and amortization               70.5          67.9
       Write-off of deferred financing costs          -           0.4
       Amortization of deferred financing
        costs                                       0.7           0.8
       Stock-based compensation expense             7.9           7.9
       Impairment of long-term asset                2.7           0.6
       Restructuring charges, net of cash
        expended                                    1.9          (0.6)
       Benefit from deferred income taxes          (9.0)         (4.4)
       Loss on disposition of property,
        plant and equipment                         1.3           0.5
       Changes in operating assets and
        liabilities:
         Accounts receivable                       11.7          (5.1)
         Inventories                               (8.5)         (6.6)
         Prepaid expenses and other assets         (0.6)         (0.4)
         Accounts payable and other accrued
          expenses                                (20.5)         (4.6)
                                             -----------  ------------
Net cash provided by operating activities          87.5          93.8
Cash flows from investing activities
     Purchases of property, plant and
      equipment                                   (50.0)        (51.2)
     Change in restricted cash                      0.7           0.5
     Change in other assets                       (10.0)         (5.6)
     Purchase of businesses                        (0.7)        (27.0)
                                             ------------ ------------
Net cash used in investing activities             (60.0)        (83.3)
Cash flows from financing activities
     Payments on long-term debt                    (2.8)        (38.2)
     Proceeds from bank borrowings                    -             -
     Deferred financing costs                      (0.6)         (0.1)
     Change in pension liability                   (0.6)            -
     Proceeds from exercise of  stock  options                4.6                      2.8
                                                                                          -----------    ------------
Net  cash  (used  in)  provided  by  financing
  activities                                                                                  0.6                  (35.5)

Effect  of  exchange  rate  changes  on  cash  and
  cash  equivalents                                                                    12.2                      5.4
                                                                                          -----------    ------------
Net  decrease  in  cash  and  cash  equivalents                    40.3                  (19.6)
Cash  and  cash  equivalents  at  beginning  of
  period                                                                                        77.1                    96.7
                                                                                          -----------    ------------
Cash  and  cash  equivalents  at  end  of  period      $        117.4      $            77.1
                                                                                          ===========    ============
 



« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Synopsys: Custom Compiler

ALDEC:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Reverie: All That Glitters is not Past
More Editorial  
Jobs
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Digital and FPGA Hardware Designer for Giga-tronics Incorporated at San Ramon, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
DesignCon 2017 Conference Jan 31 - Feb 2, 2017, Santa Clara Convention Center, Santa Clara, CA at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
IPC/Apex Expo 2017, Feb 14-16, 2017, San Diego Convention Center, San Diego, CA at San Diego Convention Center San Diego CA - Feb 14 - 16, 2017
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy