Page 75

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS ($ In Thousands) Guarantor Subsidiaries

FOR THE SIX MONTHS ENDED DECEMBER 31,1997: CASH FLOWS FROM OPERATING ACTIVITIES ..........................

$

CASH FLOWS FROM INVESTING ACTIVITIES Oil and gas properties .. Proceeds from sale of assets ..................... Investment in service operations ......... Other investments ..... ............. Other additions ............... ............. CASH FLOWS FROM FINANCING ACTIVITIES: Dividends paid on common stock ..... ......... . Exercise of stock options ............ ........... Other financing ....... . . . . . . . . . . . .......... Intercompany advances, net ......... ............

28,598

$ 121,401

$

99,380 (453)

(236,788)

1.357

98,927

(136,504)

17

(322) 19,443

(233,578)

214,135

19,121

(236,066)

(2,810)

5,945 (6,534 )

9,636 4,363

(15,738) 126,188

(157) 124,017

(589)

$ 13,999

$ 110,450

$

$ 123,860

$(11,008)

$ (70,753)

$

$ 84,089

(468,519) 9,523 (3,048) (2,000)

57

$

( 468,462) 9,523 (3,048) (20,000) (8,000) (33,867)

(24,318 )

~)

( 18,000) (8,000) (7,550)

( 488,362)

~)

(33,550)

(523,854)

342,626 (119,581) 1,387 288,091 (379)

50,000 (118,901 )

.........

(2,810) 322 (322)

214,135

$ 165,850

CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from borrowings .......... ........... . Payments on borrowings ....... ......... Exercise of stock options ....... . . . . . . . . . . . . . . . . Issuance of common stock .................... Other financing ............ .......... Intercompany advances, net ....

$ 139,157

1,340

FOR THE YEAR ENDED JUNE 30, 1997: CASH FLOWS FROM OPERATING ACTIVITIES . . . . . . . . . . . . . . . . . . . . . . . . . CASH FLOWS FROM INVESTING ACTIVITIES Oil and gas properties. ......................... Proceeds from sale of assets ..... ............... Investment in service operations ................. Long-term loans to third parties . . . . . . . . . . . . . . . . . Other investments ...... . .............. ................... Other additions .....

Consolidated

(189,755) 2,520 (200) 72,908 (21,977)

$

..........

$(10,842)

Eliminations

(189,772) 2,520 (200) (26,472) (22,864)

Cash, end of period .............. .........

Cash, end of period ...

Company

(2,810) 322

Net increase (decrease) in cash and cash equivalents ............. Cash, beginning of period .............

Net increase (decrease) in cash and cash equivalents ..... Cash, beginning of period.

Non-Guarantor Subsidiaries

380,735

14,645

292,626 (680) 1,387 288,091 (379) (395,380)

311,834

14,645

185,665

512,144

(10,678 ) 4,144

1,695 2,668

81,362 44,826

72,379 51,638

4,363

$ 126,188

(6,534)

55

$

$

$ 124,017

Profile for Chesapeake Energy

Transition Report 1997  

Transition Report 1997