Harbinger Group Inc.
    Print Page | Close Window

SEC Filings

10-Q
HRG GROUP, INC. filed this Form 10-Q on 08/14/1995
Entire Document
 << Previous Page | Next Page >>
<PAGE>
 
                              ZAPATA CORPORATION
                CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
                                (in thousands)


<TABLE> 
<CAPTION> 
                                                        Nine Months Ended
                                                             June 30,
                                                       -------------------
                                                          1995      1994
                                                       ---------  ---------
<S>                                                    <C>        <C> 
Cash flow provided (used) by operating activities:
  Continuing operations:
    Net income (loss) from continuing operations       $ (5,223)   $  8,633
                                                       --------    --------
    Adjustments to reconcile net income (loss) to
     net cash provided (used) by operating activities:
      Depreciation, amortization and valuation
       provisions                                        19,060      27,179
      Gain on sale of assets                             (5,268)    (37,457)
      Changes in other assets and liabilities            (1,987)     (1,570)
                                                       --------    --------
          Total adjustments                              11,805     (11,848)
                                                       --------    --------
        Cash flow provided (used) by continuing
         operations                                       6,582      (3,215)
                                                       --------    --------
  Discontinued operations:
    Income from discontinued operations                  10,657       1,393
    Change in net assets of discontinued operations     (11,559)    (10,322)
                                                       --------    --------
        Cash flow used by discontinued operations          (902)     (8,929)
                                                       --------    --------
          Net cash provided (used) by operating
           activities                                     5,680     (12,144)
                                                       --------    --------
Cash flow provided (used) by investing activities:
  Proceeds from dispositions of investments and other    12,381      88,533
  Proceeds from restricted cash investments                 702      75,083
  Proceeds from notes receivable                          5,495       1,061
  Business acquisitions, net of cash acquired                --     (73,222)
  Capital expenditures                                   (6,844)    (15,054)
                                                       --------    --------
          Net cash provided by investing activities      11,734      76,401
                                                       --------    --------
Cash flow used by financing activities:
  Principal payments of long-term obligations, net      (14,065)    (69,263)
  Preferred stock redemption and common stock buybacks  (11,758)     (2,245)
  Dividend payments                                      (1,153)       (404)
                                                       --------    --------
          Net cash used by financing activities         (26,976)    (71,912)
                                                       --------    --------
Net decrease in cash and cash equivalents                (9,562)     (7,655)
Cash and cash equivalents at beginning of period         11,416      15,273
                                                       --------    --------
Cash and cash equivalents at end of period             $  1,854    $  7,618
                                                       ========    ========
</TABLE>
 

   The accompanying notes are an integral part of the financial statements.

                                       7
    

 << Previous Page | Next Page >>