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The following is an excerpt from a 10-Q/A SEC Filing, filed by MAXTOR CORP on 7/31/1998.
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MAXTOR CORP - 10-Q/A - 19980731 - CASH_FLOW

MAXTOR CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS
(IN THOUSANDS)

                                                                  THREE       THREE
                                                                 MONTHS      MONTHS
                                                                  ENDED       ENDED
                                                                MARCH 29,   MARCH 28,
                                                                  1997        1998
                                                                ---------   ---------
                                                                     (UNAUDITED)
Cash flows from operating activities:
Net loss....................................................    $(54,986)   $(10,319)
Adjustments to reconcile net loss to net cash provided by
  (used in) operating activities:
  Depreciation and amortization.............................      11,736      15,756
  Stock compensation expense................................          --      14,696
  Loss (gain) on disposal of property, plant and
    equipment...............................................        (492)      1,312
  Other.....................................................        (215)         --
  Changes in assets and liabilities:
    Accounts receivable.....................................     (43,873)    (64,909)
    Accounts receivable from affiliates.....................       2,687       2,778
    Inventories.............................................      (6,926)     (8,662)
    Prepaid expenses and other assets.......................         950      (4,528)
    Accounts payable........................................       7,525      75,911
    Accounts payable to affiliates..........................       2,968      14,088
    Accrued and other liabilities...........................      (1,968)     (2,482)
                                                                --------    --------
Total adjustments...........................................     (27,608)     43,960
                                                                --------    --------
Net cash provided by (used in) operating activities.........     (82,594)     33,641
                                                                --------    --------
Cash flows from investing activities:
  Purchase of property, plant and equipment.................      (8,789)     (8,332)
  Proceeds from disposals of property, plant and
    equipment...............................................          --       2,972
  Other assets..............................................      (2,729)      7,038
                                                                --------    --------
  Net cash provided by (used in) investing activities.......     (11,518)      1,678
                                                                --------    --------
Cash flows from financing activities:
  Proceeds from issuance of debt, including short-term
    borrowings..............................................     120,000      29,904
  Principal payments on debt, including short-term debt.....         (34)    (68,795)
  Net payments under accounts receivable securitization.....     (37,804)        (48)
                                                                --------    --------
  Net cash provided by (used in) financing activities.......      82,162     (38,939)
                                                                --------    --------
  Net decrease in cash and cash equivalents.................     (11,950)     (3,620)
  Cash and cash equivalents at beginning of period..........      31,313      16,925
                                                                --------    --------
  Cash and cash equivalents at end of period................    $ 19,363    $ 13,305
                                                                ========    ========
Supplemental disclosures of cash flow information:
Cash paid (received) during the period for:
  Interest..................................................    $  5,512    $  6,272
  Income taxes..............................................         153         298
Supplemental information on noncash investing and financing
  activities:
Purchase of property, plant and equipment financed by
  accounts payable..........................................      17,275       8,919
Purchase of property, plant and equipment financed by
  capital leases............................................         142          13
Unrealized gain on equity securities........................          --       9,124
Stock compensation reimbursement due from an affiliate......          --       2,325