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WCI » Topics » Cash provided by operating activities

These excerpts taken from the WCI 10-K filed May 8, 2009.

Cash provided by operating activities

For the year ended December 31, 2008, cash provided by operating activities totaled $253.9 million, which included the following significant items:

 

  •  

A net loss of $936.8 million, which includes asset impairment losses and land acquisition termination costs of $659.5 million.

 

  •  

A decrease in contracts receivable of $358.3 million due to cash collections, combined with contract defaults and cancellations.

 

  •  

A decrease of $196.5 million in real estate inventories primarily due to closings of homes and land parcels.

 

  •  

A $83.1 million income tax refund.

 

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Table of Contents

Cash provided by operating activities

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">For the year ended December 31, 2008, cash provided by operating activities totaled $253.9 million, which included the following significant items:

 







 • 

A net loss of $936.8 million, which includes asset impairment losses and land acquisition termination costs of $659.5 million.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

A decrease in contracts receivable of $358.3 million due to cash collections, combined with contract defaults and cancellations.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

A decrease of $196.5 million in real estate inventories primarily due to closings of homes and land parcels.

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 • 

A $83.1 million income tax refund.

 


40






Table of Contents


This excerpt taken from the WCI 10-Q filed Jan 28, 2009.

Cash provided by operating activities

For the nine months ended September 30, 2008, cash provided by operating activities totaled $245.0 million, which includes the following significant items:

 

  •  

A net loss of $761.2 million, which includes asset impairment losses and land acquisition termination costs of $548.5 million.

 

  •  

A decrease in contracts receivable of $348.0 million due to cash collections, combined with contract defaults and cancellations.

 

  •  

A decrease of $169.7 million in real estate inventories primarily due to closings of homes and land parcels.

 

  •  

A $62.3 million income tax refund.

EXCERPTS ON THIS PAGE:

10-K (2 sections)
May 8, 2009
10-Q
Jan 28, 2009

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