Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Cash Flows From Operating Activities      
Net income (loss) $ 45.5 $ 604.3 $ (347.0)
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Depreciation and amortisation 61.2 65.2 62.9
Deferred income taxes (52.8) 11.3 (21.9)
Pension cost     1.3
Stock-based compensation 7.0 7.8 9.1
Asbestos adjustments 117.1 15.8 85.8
Asset impairments 16.9 14.3  
Tax benefit from stock options exercised (3.5)   (0.4)
Changes in operating assets and liabilities:      
Restricted cash and cash equivalents 224.7 (59.1) 63.3
Restricted short-term investments (0.1) (0.1) 9.7
Payment to AICF (184.1) (51.5) (63.7)
Accounts and other receivables (5.0) 2.2 24.9
Inventories 8.0 (26.7) (8.1)
Prepaid expenses and other assets 8.8 19.2 6.3
Insurance receivable - Asbestos 36.8 25.0 22.9
Accounts payable and accrued liabilities (46.0) 87.4 (7.7)
Asbestos liability (127.6) (106.3) (97.8)
Deposit with Australian Taxation Office     254.3
Australian Taxation Office - amended assessment   (197.4) 190.4
Other accrued liabilities 2.4 (24.2) (37.1)
Net cash provided by operating activities 109.3 387.2 147.2
Cash Flows From Investing Activities      
Purchases of property, plant and equipment (61.1) (35.8) (50.3)
Proceeds from sale of property, plant and equipment 1.4 0.3 0.7
Deposit on acquisition   (14.4)  
Net cash used in investing activities (59.7) (49.9) (49.6)
Cash Flows From Financing Activities      
Proceeds from long-term borrowings 330.0 160.0 460.0
Repayments of long-term borrowings (330.0) (219.0) (555.0)
Proceeds from issuance of shares 26.3 11.0 4.9
Tax benefit from stock options exercised 3.5    0.4
Common stock repurchased and retired   (19.0)  
Dividends paid (188.5) (17.4)  
Net cash used in financing activities (158.7) (84.4) (89.7)
Effects of exchange rate changes on cash (2.6) (6.1) (8.5)
Net (decrease) increase in cash and cash equivalents (111.7) 246.8 (0.6)
Cash and cash equivalents at beginning of period 265.4 18.6 19.2
Cash and cash equivalents at end of period 153.7 265.4 18.6
Components of Cash and Cash Equivalents      
Cash at bank and on hand 55.5 256.1 9.5
Short-term deposits 98.2 9.3 9.1
Cash and cash equivalents at end of period 153.7 265.4 18.6
Supplemental Disclosure of Cash Flow Activities      
Cash paid during the year for interest, net of amounts capitalised 0.1 11.2 9.1
Cash paid during the year for income taxes, net $ 83.3 $ 29.5 $ 38.7