36 Consolidated Statements of Cash Flows The accompanying notes are an integral part of these statements.  Year ended June 30  (in thousands) 2002 2001 2000 Operating Activities Net (loss) income $ (211,908) $ 53,288 $ 51,710  Adjustments for non-cash items: Depreciation 70,825 73,163 75,194 Amortization 2,804 24,134 26,452 Loss on divestitures 3,522 5,781 – Restructuring and asset impairment charges 12,712 4,325 6,378 Cumulative effect of change in accounting principles,  net of tax 250,406 599 – Loss on early extinguishment of debt, net of tax – – 267 Other 2,485 12,362 11,472 Changes in certain assets and liabilities,  net of effects of acquisition and divestitures: Accounts receivable 33,603 9,620 (17,257) Proceeds from accounts receivable securitization 2,200 5,200 6,500 Inventories 40,251 19,894 14,331 Accounts payable and accrued liabilities (29,033) (827) 44,968 Other (22,707) (19,983) 1,192 Net cash flow from operating activities 155,160 187,556 221,207  Investing Activities  Purchases of property, plant and equipment (44,040) (59,929) (50,663)  Disposals of property, plant and equipment 10,905 4,227 8,109  Divestitures, net of cash 3,309 729 –  Purchase of subsidiary stock (1,161) (47,505) – Acquisition of business assets (5,385) – – Investment in affiliates (5,770) – – Other (1,129) (26) (531) Net cash flow used for investing activities (43,271) (102,504) (43,085) Financing Activities  Net (decrease) increase in notes payable (4,778) 4,038 (18,491)  Net decrease in revolving and other lines of credit (84,151) (78,905) (15,100)  Term debt borrowings 549,950 1,216 378  Term debt repayments (677,563) (2,941) (129,810)  Net proceeds from issuance of capital stock 120,584 – – Dividend reinvestment and employee benefit and stock plans 23,269 22,854 11,276 Purchase of treasury stock (12,417) (16,494) –  Cash dividends paid to shareowners (21,426) (21,056) (20,570) Financing fees (10,448) – – Other (1,268) (949) (1,018)  Net cash flow used for financing activities (118,248) (92,237) (173,335) Effect of exchange rate changes on cash and equivalents 3,804 (2,198) 128  Cash and Equivalents Net (decrease) increase in cash and equivalents (2,555) (9,383) 4,915  Cash and equivalents, beginning of year 12,940 22,323 17,408  Cash and equivalents, end of year $ 10,385 $ 12,940 $ 22,323  Supplemental Disclosures  Interest paid (net of amount capitalized) $ 33,861 $ 51,480 $ 55,000  Income taxes paid 31,949 36,608 17,092 Contribution of stock to employee benefit plans 9,405 13,364 9,170 Notes received from sale of subsidiaries 4,587 5,809 –