Net Cash used in Financing Activities  (60,816 )  (116,523 )  (30,514 ) 
Effect of Exchange Rate Changes on Cash  (2,822 )  2,883   1,109  
(Decrease) increase in cash and cash equivalents  (12,650 )  (84,685 )  148,135  
Cash and cash equivalents at beginning of year  91,092   175,777   27,642  
Cash and Cash Equivalents at End of Year  $ 78,442   $ 91,092   $ 175,777  
       
       Supplemental Cash Flow Information       
Cash paid during the year for:       
Income taxes  $ 53,463   $ 47,251   $ 31,179  
Interest  672   2,248   5,195  
 
See notes to consolidated financial statements. 
16 Applied Industrial Technologies, Inc. and Subsidiaries
(In thousands)
CONSOLIDATED BALANCE SHEETS
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