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MRVL » Topics » Net Cash Used in Financing Activities

This excerpt taken from the MRVL 10-Q filed Sep 10, 2008.

Net Cash Used in Financing Activities

 

Net cash used in financing activities was $35.3 million for the six months ended August 2, 2008 compared to $4.9 million for the six months ended July 28, 2007.  For the six months ended August 2, 2008 and July 28, 2007, net cash used in financing activities was attributable to principal payments on debt obligations and capital leases partially offset by proceeds from the issuance of common shares under our stock option plans.

 

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