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This excerpt taken from the HBI 10-Q filed May 11, 2009. Investing
Activities
Net cash used in investing activities was $55 million in
2009 compared to $21 million in 2008. The higher net cash
used in investing activities of $34 million for 2009
compared to 2008 was primarily the result of higher capital
expenditures. During 2009, gross capital expenditures were
$56 million as we continued to build out our textile and
sewing network in Asia, Central America and the Caribbean Basin
and approximated 50% of our planned spending for all of 2009. As
we continue to ramp up these facilities in 2009, our capital
spending will decrease over the remainder of 2009.
This excerpt taken from the HBI 10-Q filed Oct 31, 2008. Investing
Activities
Net cash used in investing activities was $110 million in
the nine months of 2008 compared to $50 million in 2007.
The higher net cash used in investing activities of
$60 million for the nine months of 2008 compared to 2007
was primarily the result of higher capital expenditures. During
the nine month period in 2008 capital expenditures were
$123 million as we continue to build out our textile and
sewing network in Central America, the Caribbean Basin and Asia
and invest in our technology strategic initiatives. Also, we
received cash proceeds from sales of assets of $24 million,
primarily from dispositions of plant and equipment associated
with our restructuring initiatives. In addition, we acquired a
sewing operation in Thailand for $10 million during 2008.
This excerpt taken from the HBI 10-Q filed Aug 1, 2008. Investing
Activities
Net cash used in investing activities was $74 million in
the six months of 2008 compared to $12 million in 2007. The
higher net cash used in investing activities of $62 million
for the six months of 2008 compared to 2007 was primarily the
result of higher capital expenditures and an acquisition of a
sewing operation in Thailand. During the six month period in
2008 capital expenditures were $74 million as we continue
to build out our textile and sewing network in Central America
and Asia and invest in our technology strategic initiatives.
Also, we received cash proceeds from sales of assets of
$10 million, primarily from dispositions of plant and
equipment associated with our restructuring initiatives.
This excerpt taken from the HBI 10-Q filed May 7, 2008. Investing
Activities
Net cash used in investing activities was $21 million in
the first quarter of 2008 compared to $4 million in 2007.
The higher cash used in investing activities of $17 million
was primarily the result of higher capital expenditures. During
the first quarter of 2008 capital expenditures were
$28 million as we continue to build out our textile and
sewing network in Central America and Asia and invest in our
technology strategic initiatives.
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