GVHR » Topics » Cash Flows from Investing Activities

These excerpts taken from the GVHR 10-K filed Mar 16, 2009.

Cash Flows from Investing Activities

 

Cash used in investing activities for the year ended December 31, 2008 of $2.1 million, includes approximately $3.2 million for capital expenditures primarily for technology-related items and $0.2 million for purchases of marketable securities. These amounts are partially offset by proceeds from the return of $1.4 million previously held in an escrow account for purchase price contingencies related to the HRA acquisition. This compares to cash used in investing activities of $17.2 million for the year ended December 31, 2007, which includes approximately $10.9 million related to the February 16, 2007 acquisition of HRA ($9.5 million of cash and related acquisition costs and $1.4 million included in marketable securities purchases for purchase price contingencies held in an escrow account). In addition, the Company spent approximately $5.9 million for capital expenditures primarily for technology-related items excluding approximately $0.1 million of capital expenditures made by the Company in 2007 and paid for in 2008 and $1.1 million of capital assets acquired through capital leasing arrangements. The Company is continuing to invest capital resources in the development and enhancement of its current information technology infrastructure and service delivery capabilities.

 

Cash Flows from Investing Activities



 



Cash used in
investing activities for the year ended December 31, 2008 of $2.1 million,
includes approximately $3.2 million for capital expenditures primarily for
technology-related items and $0.2 million for purchases
of marketable securities. These amounts are partially offset by proceeds from
the return of $1.4 million previously held in an escrow account for purchase
price contingencies related to the HRA acquisition. This compares to
cash used in investing activities of $17.2 million for the year ended December 31,
2007, which includes approximately $10.9 million related to the February 16,
2007 acquisition of HRA ($9.5 million of cash and related acquisition costs and
$1.4 million included in marketable securities purchases for purchase price
contingencies held in an escrow account). In addition, the Company spent
approximately $5.9 million for capital expenditures primarily for
technology-related items excluding approximately $0.1 million of capital
expenditures made by the Company in 2007 and paid for in 2008 and $1.1 million
of capital assets acquired through capital leasing arrangements. The Company is
continuing to invest capital resources in the development and enhancement of
its current information technology infrastructure and service delivery
capabilities.



 



Cash Flows from Investing Activities



 



Cash used in
investing activities for the year ended December 31, 2008 of $2.1 million,
includes approximately $3.2 million for capital expenditures primarily for
technology-related items and $0.2 million for purchases
of marketable securities. These amounts are partially offset by proceeds from
the return of $1.4 million previously held in an escrow account for purchase
price contingencies related to the HRA acquisition. This compares to
cash used in investing activities of $17.2 million for the year ended December 31,
2007, which includes approximately $10.9 million related to the February 16,
2007 acquisition of HRA ($9.5 million of cash and related acquisition costs and
$1.4 million included in marketable securities purchases for purchase price
contingencies held in an escrow account). In addition, the Company spent
approximately $5.9 million for capital expenditures primarily for
technology-related items excluding approximately $0.1 million of capital
expenditures made by the Company in 2007 and paid for in 2008 and $1.1 million
of capital assets acquired through capital leasing arrangements. The Company is
continuing to invest capital resources in the development and enhancement of
its current information technology infrastructure and service delivery
capabilities.



 



These excerpts taken from the GVHR 10-K filed Mar 17, 2008.

Cash Flows from Investing Activities

        Cash used in investing activities for the year ended December 31, 2007 of $17.2 million includes approximately $10.9 million related to the February 16, 2007 acquisition of HRA ($9.5 million of cash and related acquisition costs and $1.4 million included in marketable securities purchases for purchase price contingencies held in an escrow account). In addition, the Company spent approximately $5.9 million for capital expenditures primarily for technology-related items excluding approximately $0.1 million of capital expenditures made by the Company in 2007 and paid for in 2008 and $1.1 million of capital assets acquired through capital leasing arrangements. The Company is continuing to invest capital resources in the development and enhancement of its current information technology infrastructure and service delivery capabilities. This compares to cash used in investing activities of $14.5 million for the year ended December 31, 2006 primarily related to $14.2 million of capital expenditures for technology-related items and excludes approximately $1.7 million of capital expenditures made by the Company in 2006 and paid for in 2007. The Company plans to spend

53


approximately $6.0 million on capital expenditures during 2008 primarily related to a technology upgrades and enhancements related to service delivery. Capital expenditures are expected to be funded through operations, leasing arrangements or from the Company's line of credit.

Cash Flows from Investing Activities





        Cash used in investing activities for the year ended December 31, 2007 of $17.2 million includes approximately $10.9 million related to the
February 16, 2007 acquisition of HRA ($9.5 million of cash and related acquisition costs and $1.4 million included in marketable securities purchases for purchase price
contingencies held in an escrow account). In addition, the Company spent approximately $5.9 million for capital expenditures primarily for technology-related items excluding approximately
$0.1 million of capital expenditures made by the Company in 2007 and paid for in 2008 and $1.1 million of capital assets acquired through capital leasing arrangements. The Company is
continuing to invest capital resources in the development and enhancement of its current information technology infrastructure and service delivery capabilities. This compares to cash used in
investing activities of $14.5 million for the year ended December 31, 2006 primarily related to $14.2 million of capital expenditures for technology-related items and excludes
approximately $1.7 million of capital expenditures made by the Company in 2006 and paid for in 2007. The Company plans to spend



53










approximately
$6.0 million on capital expenditures during 2008 primarily related to a technology upgrades and enhancements related to service delivery. Capital expenditures are expected to be
funded through operations, leasing arrangements or from the Company's line of credit.





This excerpt taken from the GVHR 10-K filed Mar 16, 2007.
Cash Flows from Investing Activities
 
Cash used in investing activities for the year ended December 31, 2006 of $14.5 million, primarily related to $14.2 million of capital expenditures for technology-related items and excludes approximately $1.7 million of capital expenditures made by the Company in 2006 and paid for in 2007. The Company is continuing to invest capital resources in the development and enhancement of its current information, technology infrastructure and service delivery capabilities. This compares to cash used in investing activities of $0.4 million for the year ended December 31, 2005 primarily related to $6.2 million of capital expenditures for technology purchases and leasehold improvements at the Company’s new corporate facility and was substantially offset by the release and conversion into cash of a $6.0 million certificate of deposit held by BCBSFL. The Company plans to spend approximately $10.0 million on capital expenditures during 2007 primarily related to a technology upgrades and enhancements related to service delivery. Capital expenditures are expected to be funded through operations, leasing arrangements or from the Company’s line of credit.
 
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki