Financials
Cash flow
| Fiscal date | Dec 2011 | Sep 2011 | Jun 2011 | Mar 2011 |
|---|---|---|---|---|
| Operating activities | -1.7B | -699M | 4.0B | -926M |
| Net income | 338M | -200M | -60M | 371M |
| Depreciation | — | — | — | — |
| Deferred taxes | — | — | — | — |
| StockBased compensation | — | — | — | — |
| Other non cash items | 221M | 112M | -86M | 39M |
| Accounts receivable | -2.5B | -337M | 4.2B | -1.4B |
| Accounts payable | — | — | — | — |
| Other assets liabilities | 254M | -274M | -51M | 49M |
| Investing activities | 5M | 1.4B | -1.5B | -20M |
| Capital expenditures | -19M | -21M | -17M | -7M |
| Net intangibles | — | — | — | — |
| Net acquisitions | — | — | — | — |
| Purchase of investments | -116M | -2.1B | -5.4B | -97M |
| Sale of investments | 91M | 3.6B | 3.9B | 97M |
| Other investing activity | 49M | -17M | 9M | -13M |
| Financing activities | 872M | 799M | -2.2B | 590M |
| Long term debt issuance | — | — | — | — |
| Long term debt payments | — | — | — | — |
| Short term debt issuance | 422M | 852M | -2.2B | 644M |
| Common stock issuance | 451M | — | — | — |
| Common stock repurchase | 0 | 0 | 0 | 0 |
| Common dividends | 0 | -53M | 0 | -53M |
| Other financing charges | -1M | 0 | 0 | -1M |
| End cash position | 1.6B | 1.2B | 1.4B | 1.5B |
| Income tax paid | — | — | — | — |
| Interest paid | — | — | — | — |
| Free cash flow | -507M | -2.5B | 3.6B | -423M |