Document EZYnaG7kXegB6LddpdLRkpaN

MAFCO CONSOLIDATED GROUP INC (Form 10-K, Received: 03/28/1997 00:00.0 . Page 59 of 116 Net income Currency translation adjustment Dividends Abex merger, net of transaction costs Treasury stock Retirement of value support rights 247 Balance at December 31, 1995 Net income Currency translation adjustment 247 Balance at December 31, 1996 $ 24 (1) - $- (9,000) (1) 71,197 61,618 - 167,105 $- 167,105 $ See notes to consolidated financial statements F-5 MAFCO CONSOLIDATED GROUP INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) 195 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 25 Adjustments to reconcile net income to net cash flows (used in) provided by operating activities Extraordinary item Gain on Flavors Disposition Gain on Cigar IPO Depreciation and amortization Equity in earnings of affiliates in excess of distributions Changes in assets and liabilities net of acquisitions and dispositions: Net increase in trading securities Increase in notes and trade receivables (Increase) decrease m inventories Increase (decrease) in accounts payable Decrease (increase) in restricted deposits Deferred taxes, income taxes payable and other, net (15 (15 3 (3 (4C i i (63 Net cash flows (used in) provided by operating activities (35 httpV/www edgarpro com/EFX dll/EDGARpro dlPFetchFilingHTML 1 `?ID=969943&Ses . 10/19/2003