26 ge ne r al c able annu al r e por t 2 012 2 0 11 2 0 10 Cash Flows of Operating Activities: Net Income Including Noncontrolling Interest $ 9.8 $ 67.1 $ 69.1 Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Depreciation and Amortization 114.9 111.4 10 1.3 Amortization on Restricted Stock A wards 2.2 3.4 4.2 Foreign Currency Exchange (Gain) Loss 5 .8 12.8 21.9 Loss on Extinguishment of Debt 9.3 – – Convertible Debt Instruments Noncash Interest Charges 2 2.1 20.7 19.2 Deferred Income T axes 6.5 8.9 21.1 Excess T ax (Benefits) Deficiencies from Stock-Based Compensation 0.6 (1.0) 0.1 (Gain) Loss on Disposal of Property 2.1 ( 2.6 ) (2.1) Changes in Operating Assets and Liabilities, Net of Effect of Acquisitions and Divestitures: (Increase) Decrease in Receivables 33.3 ( 56.6 ) (95.0) (Increase) Decrease in Inventories 73.4 ( 130.9 ) (162.5) (Increase) Decrease in Other Assets (17.7) ( 0.4 ) (34.6) Increase (Decrease) in Accounts Payable, Accrued and Other Liabilities 26.3 64.5 156.2 Net Cash Flows of Operating Activities 288.6 97.3 98.9 Cash Flows of Investing Activities: Capital Expenditures ( 108.8 ) (121.8 ) (116.4 ) Proceeds from Properties Sold 4 .5 6.5 9.1 Acquisitions, Net of Cash Acquired (286.5) – ( 30.6 ) Other 0.3 1.1 4.1 Net Cash Flows of Investing Activities ( 390.5 ) ( 114.2 ) (133.8) Cash Flows of Financing Activities: Preferred Stock Dividends Paid (0.3) (0.3) (0.3) Excess T ax Benefits (Deficiencies) from Stock-Based Compensation (0.6) 1.0 (0.1) Proceeds from Other Debt 1,473.6 1,891.4 752.2 Repayments of Other Debt (1,560.8 ) (1,835.8 ) ( 710.6 ) Issuance of Long T erm Debt 600.0 – – Settlement of Long T erm Debt Including Fees and Expenses (217.7) – – Dividends Paid to Non-Controlling Interest (3.5) (3.8) (4.3) Repurchase of Common Shares (1.2) (62.5) – Proceeds from Exercise of Stock Options 0.1 1.5 0.4 Net Cash Flows of Financing Activities 289.6 (8.5) 37.3 Effect of Exchange Rate Changes on Cash and Cash Equivalents 16.4 0.8 (43.1) Increase (Decrease) in Cash and Cash Equivalents 204.1 (24.6) (40.7) Cash and Cash Equivalents–Beginning of Period 434.1 458.7 499.4 Cash and Cash Equivalents–End of Period $ 638.2 $ 434.1 $ 458.7 s upplemental i nformation Cash Paid During the Period for: Income T ax Payments $ 3 8.8 $ 33.5 $ 75.3 Interest Paid $ 6 4.5 $ 63.2 $ 44.0 Non-Cash Investing and Financing Activities: Capital Expenditures Included in Accounts Payable $ 27.4 $ 40.1 $ 34.7 general cable corpora tion and subsidiaries Consolidated Statements of Cash Flows (in millions) The unaudited Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statement s and notes in General Cable's 2 012 Annual Report on Form 10-K fled with the Securities and Exchange Commission on March 1, 2 013 . Y ear ended d ece M ber 31,