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10-Q
KOPPERS HOLDINGS INC. filed this Form 10-Q on 11/09/2017
Entire Document
 

 

Condensed Consolidating Statement of Cash Flows

For the Nine Months Ended September 30, 2017

 

 

 

Parent

 

 

Koppers Inc.

 

 

Domestic

Guarantor

Subsidiaries

 

 

Non-Guarantor

Subsidiaries

 

 

Consolidating

Adjustments

 

 

Consolidated

 

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash provided by (used in) operating

   activities

 

$

3.2

 

 

$

(15.9

)

 

$

33.9

 

 

$

31.0

 

 

$

(3.7

)

 

$

48.5

 

Cash provided by (used in) investing

   activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures and

   acquisitions

 

 

0.0

 

 

 

(32.0

)

 

 

(11.3

)

 

 

(5.3

)

 

 

0.0

 

 

 

(48.6

)

Repayments (loans to) from

   affiliates

 

 

0.0

 

 

 

2.0

 

 

 

(19.1

)

 

 

0.6

 

 

 

16.5

 

 

 

0.0

 

Repayment of loan

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

9.5

 

 

 

0.0

 

 

 

9.5

 

Net cash provided by

   divestitures and asset sales

 

 

0.0

 

 

 

0.0

 

 

 

0.7

 

 

 

0.4

 

 

 

0.0

 

 

 

1.1

 

Net cash (used in) provided by

   investing activities

 

 

0.0

 

 

 

(30.0

)

 

 

(29.7

)

 

 

5.2

 

 

 

16.5

 

 

 

(38.0

)

Cash provided by (used in) financing

   activities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrowings (repayments) of

   long-term debt

 

 

0.0

 

 

 

36.7

 

 

 

0.0

 

 

 

(4.0

)

 

 

0.0

 

 

 

32.7

 

Borrowings (repayments) of

   affiliated debt

 

 

0.0

 

 

 

23.9

 

 

 

(4.2

)

 

 

(3.2

)

 

 

(16.5

)

 

 

0.0

 

Debt issuance costs

 

 

0.0

 

 

 

(11.0

)

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

(11.0

)

Dividends paid

 

 

0.0

 

 

 

(3.7

)

 

 

(0.0

)

 

 

0.0

 

 

 

3.7

 

 

 

0.0

 

Stock repurchased

 

 

(3.2

)

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

(3.2

)

Net cash provided by (used in)

   financing activities

 

 

(3.2

)

 

 

45.9

 

 

 

(4.2

)

 

 

(7.2

)

 

 

(12.8

)

 

 

18.5

 

Effect of exchange rates on cash

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

0.4

 

 

 

0.0

 

 

 

0.4

 

Net increase in cash and cash

   equivalents

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

29.4

 

 

 

0.0

 

 

 

29.4

 

Cash and cash equivalents at

   beginning of year

 

 

0.0

 

 

 

0.0

 

 

 

0.0

 

 

 

20.8

 

 

 

0.0

 

 

 

20.8

 

Cash and cash equivalents at end of

   period

 

$

0.0

 

 

$

0.0

 

 

$

0.0

 

 

$

50.2

 

 

$

0.0

 

 

$

50.2

 

 

27