Consolidated Statements of Cash Flows (in thousands) 2010 2009 2008 Years Ended December 31, Cash flows from operating activities: Netincome.............................................................. $ 205,621 219,176 251,676 Adjustments to reconcile net income to net cash provided by operating activities: Net loss (gain) on foreign currency translation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 162 2,607 (10,481) Equity in income of equity investments, net of tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7,142) (6,985) (7,397) Dividends received from equity investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,572 4,942 6,421 Share-basedcompensation ................................................. 15,832 16,128 24,733 Excess tax benefit from share-based payment arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . (111) (6) (90) Depreciationandamortization............................................... 163,111 156,471 164,643 Amortization of debt issuance costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 154 154 Provisions for (recoveries of ) bad debt expenses and billing adjustments . . . . . . . . . . . . . . . . (798) 6,381 618 Charges for transaction processing provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,891 6,556 3,172 Deferredincometaxbenefit................................................. (4,388) (3,864) (4,439) Lossondisposalofequipment,net ........................................... 145 375 182 Lossondisposalofsubsidiary ............................................... 1,591 5,713 — Changes in operating assets and liabilities: Accountsreceivable..................................................... (7,138) 10,807 (15,490) Prepaid expenses, other current assets and other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . (1,495) 27,893 (48,024) Accountspayable ...................................................... 13,916 (11,883) 4,550 Accrued salaries and employee benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (21,965) (11,697) (25,267) Other current liabilities and other liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,202 369 7,874 Net cash provided by operating activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 389,160 423,137 352,835 Cash flows from investing activities: Purchases of property and equipment, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (46,547) (34,017) (47,969) Additions to licensed computer software from vendors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (69,826) (20,059) (31,499) Additions to internally developed computer software . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (25,466) (31,445) (21,777) Proceeds from disposition, net of expenses paid and cash disposed. . . . . . . . . . . . . . . . . . . . . . 4,265 1,979 — Cash used in acquisitions and equity investments, net of cash acquired . . . . . . . . . . . . . . . . . . . (148,531) (294) (50,017) Dividends received from equity investments as return of capital . . . . . . . . . . . . . . . . . . . . . . . . . 68 — — Subsidiary repurchase of minority interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — (343) Additions to contract acquisition costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (75,669) (35,596) (41,456) Net cash used in investing activities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (361,706 ) (119,432) (193,061) Cash flows from financing activities: Proceeds from borrowings of long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39,757 5,334 18,575 Excess tax benefit from share-based payment arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . 111 6 90 Principal payments on long-term debt borrowings and capital lease obligations . . . . . . . . . . . . . (11,741) (18,869) (67,631) Dividendspaidoncommonstock .............................................. (55,087) (55,208) (55,449) Subsidiary dividends paid to noncontrolling shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (9,031) (235) (241) Proceeds from exercise of stock options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 543 2 268 Repurchasesofcommonstock................................................. (46,228) (328) (35,698) Net cash used in financing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (81,676) (69,298) (140,086) Cash and cash equivalents: Effect of exchange rate changes on cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . (938) (4,470) (10,188) Net increase (decrease) in cash and cash equivalents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (55,160 ) 229,937 9,500 Cash and cash equivalents at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 449,955 220,018 210,518 Cash and cash equivalents at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 394,795 449,955 220,018 Supplemental cash flow information: Cashpaidforinterest....................................................... $ 2,191 3,368 11,299 Cash paid for income taxes, net of refunds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 122,173 104,004 151,165 Significant noncash transactions (Note 23) See accompanying Notes to Consolidated Financial Statements 30