receivable, prepaid
and other assets (3,182) (14,853) (7,493) (10,890)
Decrease / (increase)
in inventories 7,433 (1,705) 1,185 12,966
(Decrease) / increase in
accounts payable, accrued
& other liabilities (12,545) (10,700) (13,357) 15,323
(Decrease) / increase
in income taxes and
other, net (8,635) (729) (64,395) 12,047
Net cash provided by
operating activities $90,040 $42,033 $210,174 $233,716
CASH FLOWS FROM
INVESTING ACTIVITIES:
Purchase of
intangible assets (2,900) (6,700) (48,700) (21,100)
Capital expenditures (3,315) (4,032) (13,328) (12,026)
Net cash (used in)
investing activities $(6,215) $(10,732) $(62,028) $(33,126)
CASH FLOWS FROM
FINANCING ACTIVITIES:
Repayments under bank
term credit facility (91,888) (62,463) (166,030) (258,206)
Other 86 (15) 341 (86)
Net cash (used in)
financing activities $(91,802) $(62,478) $(165,689) $(258,292)
Net (decrease) in cash
and cash equivalents $(7,977) $(31,177) $(17,543) $(57,702)
Cash and cash equivalents,
beginning of period 21,210 57,939 30,776 84,464
Cash and cash equivalents,
end of period $13,233 $26,762 $13,233 $26,762
WARNER CHILCOTT LIMITED
Reconciliation of Net Income to Adjusted EBITDA
(In thousands of U.S. dollars)
(Unaudited)
Quarter Ended Nine Months Ended
Sept-30-08 Sept-30-07 Sept-30-08 Sept-30-07
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