our products incorporate social and mobile experiences and are delivered for on premise implementation as well as through cloud and managed hosted services . our initial public offering was on the nasdaq in 1996 and we were subsequently listed on the toronto stock exchange in 1998. we are a multinational company and currently employ approximately 4,500 people worldwide . we recently acquired easylink services international corporation ( easylink ) , which is discussed in more detail below . with the acquisition of easylink we acquired an additional 539 employees . fiscal 2012 highlights : fiscal 2012 was overall a successful year for us . the followings are highlights of our operating results : total revenue for the year was $ 1.2 billion , up 16.9 % over fiscal 2011. license revenue was $ 293.7 million , up 9.1 % over fiscal 2011. gaap-based eps , diluted , was $ 2.13 compared to $ 2.11 in fiscal 2011 . 23 non-gaap-based eps , diluted , was $ 4.60 compared to $ 4.07 in fiscal 2011. gaap-based operating income margin was 12.4 % compared to 14.6 % in fiscal 2011. non-gaap-based operating income margin was 27.3 % compared to 27.5 % in fiscal 2011 operating cash flow was $ 266.5 million , up 19.4 % over fiscal 2011. cash and cash equivalents was $ 559.7 million as of june 30 , 2012 , compared to $ 284.1 million as of june 30 , 2011. on november 9 , 2011 , we entered into a $ 700 million amended and restated credit agreement , with a $ 600 million term loan facility ( term loan ) and a $ 100 million committed revolving credit facility ( revolver ) . we used a portion of this term loan facility to repay our previously outstanding term debt . the remaining cash will be used for future business operations , which may include the funding of future acquisition opportunities . during fiscal 2012 , mr. john shackleton retired from opentext as president and chief executive officer , with mr. mark barrenechea appointed to take his place . mr. shackleton was with opentext for over 12 years . mr. barrenechea has over 20 years of executive management and leadership experience in the high-technology industry and he was the former president and chief executive officer at silicon graphics international corporation ( sgi ) . prior to sgi , mr. barrenechea served as executive vice president and chief technology officer for ca inc. , from 2003 to 2006. from 1997 to 2003 , mr. barrenechea was the senior vice president of applications development at oracle corporation . in addition , there were other appointments and new hires made to our executive leadership team as we continue to grow and expand our business . on june 11 , 2012 , we announced that mr. greg corgan joined our company as executive vice president , worldwide field operations . mr. corgan has over 25 years of experience in enterprise software . most recently , mr.corgan was the corporate senior vice president and president of global field operations for infor , inc. , a provider of enterprise software for a broad range of business functions including inventory and asset management , resource planning and human capital management . acquisitions our competitive position in the marketplace requires us to maintain a complex and evolving array of technologies , products , services and capabilities . in light of the continually evolving marketplace in which we operate , we regularly evaluate various acquisition opportunities within our traditional enterprise content management ( ecm ) market and also in the broader enterprise information management ( eim ) marketplace . we made three acquisitions during fiscal 2012 and completed another one subsequent to the fiscal 2012 year end . on july 2 , 2012 , we acquired easylink , a company based in georgia , usa and a global provider of cloud-based electronic messaging and business integration services for approximately $ 315 million , inclusive of debt and net of cash acquired . see note 24 “ subsequent events ” to our consolidated financial statements for more details . on october 31 , 2011 , we acquired system solutions australia pty limited ( messagemanager ) , which is the sole shareholder of messagemanager solutions pty limited , a software company based in sydney , australia , for $ 3.3 million . messagemanager specializes in fax over internet protocol . on september 1 , 2011 , we acquired operitel corporation ( operitel ) , a software company based in peterborough , ontario , canada , specializing in learning management systems ( lms ) and enterprise learning portals , for $ 7.0 million . the acquisition adds strong e-learning capabilities to our solutions . operitel 's solutions include social and mobile learning management and capabilities that integrate with microsoft ® sharepoint . on july 13 , 2011 , we acquired global 360 holding corp. ( global 360 ) , a provider of process and case management solutions headquartered in dallas , texas , for $ 256.6 million . the acquisition continues our expansion into the business process management ( bpm ) market and adds to our pool of technology , as well as giving us new capabilities in the field of dynamic case management . we believe our acquisitions support our long-term strategic direction , strengthen our competitive position , expand our customer base and provide greater scale to accelerate innovation , grow our earnings and increase shareholder value . we expect to continue to strategically acquire companies , products , services and technologies to augment our existing business . outlook for fiscal 2013 as we continue to expand our product offerings through internal development and acquisitions , we are evolving from our heritage in the ecm space to a broader market category known as eim . story_separator_special_tag 33 provision for ( recovery of ) income taxes : we initiated an internal reorganization of our international subsidiaries in fiscal 2010 and continue to integrate acquisitions into this new organizational structure for the following reasons : 1 ) to consolidate our intellectual property within certain jurisdictions , 2 ) to effect an operational reduction of our global subsidiaries with a view to , eventually , having a single operating legal entity in each jurisdiction , 3 ) to better safeguard our intellectual property in jurisdictions with well established legal regimes and protections and 4 ) to simplify the management of our intellectual property ownership . we operate in several tax jurisdictions and are exposed to various foreign tax rates . we also note that we are subject to tax rate discrepancies between our domestic tax rate and foreign tax rates that are significant and these discrepancies are primarily related to the united states , luxembourg and germany . replace_table_token_20_th fiscal 2012 compared to fiscal 2011 : the effective gaap tax rate ( which is the provision for taxes expressed as a percentage of net income before taxes ) has remained relatively stable at 8.9 % for fiscal 2012 compared to 9.5 % for fiscal 2011. the slight decrease in the fiscal 2012 effective tax rate is due to tax benefits relating to the internal reorganization of the recently acquired international subsidiaries of metastorm inc. and global 360 , the impact of foreign tax rate differences and a canadian election to file tax returns in u.s. dollar functional currency accepted in fiscal 2012. fiscal 2011 compared to fiscal 2010 : the increase in the effective tax rate from 2.1 % in fiscal 2010 to 9.5 % in fiscal 2011 was primarily due to a reduction in tax benefits relating to the internal reorganization of our international subsidiaries during the latter part of fiscal 2010 and the beginning of fiscal 2011 and amortization of deferred charges related to the internal reorganization of our international subsidiaries . for a detailed reconciliation of tax expense to the combined expected canadian federal and provincial tax rate see note 13 `` income taxes `` to our consolidated financial statements . 34 use of non-gaap financial measures in addition to reporting financial results in accordance with u.s. gaap , the company provides certain financial measures that are not in accordance with u.s. gaap . these non-u.s. gaap financial measures have certain limitations in that they do not have a standardized meaning and thus the company 's definition may be different from similar non-u.s. gaap financial measures used by other companies and or analysts and may differ from period to period . thus it may be more difficult to compare the company 's financial performance to that of other companies . however , the company 's management compensates for these limitations by providing the relevant disclosure of the items excluded in the calculation of these non-u.s. gaap financial measures both in its reconciliation to the u.s. gaap financial measures and its consolidated financial statements , all of which should be considered when evaluating the company 's results . the company uses these non-u.s. gaap financial measures to supplement the information provided in its consolidated financial statements , which are presented in accordance with u.s. gaap . the presentation of non-u.s. gaap financial measures are not meant to be a substitute for financial measures presented in accordance with u.s. gaap , but rather should be evaluated in conjunction with and as a supplement to such u.s. gaap measures . opentext strongly encourages investors to review its financial information in its entirety and not to rely on a single financial measure . the company therefore believes that despite these limitations , it is appropriate to supplement the disclosure of the u.s. gaap measures with certain non-u.s. gaap measures .. non-u.s. gaap net income and non-u.s. gaap eps are calculated as net income or net income per share on a diluted basis , excluding , where applicable , the amortization of acquired intangible assets , other income ( expense ) , share-based compensation , and restructuring , all net of tax . the company 's management believes that the presentation of non-u.s. gaap net income and non-u.s. gaap eps provides useful information to investors because it excludes non-operational charges . the use of the term “ non-operational charge ” is defined by the company as those that do not impact operating decisions taken by the company 's management and is based upon the way the company 's management evaluates the performance of the company 's business for use in the company 's internal reports . in the course of such evaluation and for the purpose of making operating decisions , the company 's management excludes certain items from its analysis , such as amortization of acquired intangible assets , restructuring costs , share-based compensation , other income ( expense ) and the taxation impact of these items . these items are excluded based upon the manner in which management evaluates the business of the company and are not excluded in the sense that they may be used under u.s. gaap . the company believes the provision of supplemental non-u.s. gaap measures allows investors to evaluate the operational and financial performance of the company 's core business using the same evaluation measures that management uses , and is therefore a useful indication of opentext 's performance or expected performance of recurring operations and facilitates period-to-period comparison of operating performance . as a result , the company considers it appropriate and reasonable to provide , in addition to u.s. gaap measures , supplementary non-u.s. gaap financial measures that exclude certain items from the presentation of its financial results . the following charts provide unaudited reconciliations of u.s. gaap based financial measures to non-u.s. gaap based financial measures for the following periods presented : reconciliation of selected gaap-based measures to non-gaap based measures for the years ended june 30 , 2012 , 2011

cash flows from financing activities our cash flows from financing activities consist of long-term debt financing and amounts received from stock options exercised by our employees . these inflows are typically offset by scheduled and non-scheduled repayments of our long-term debt financing and , when applicable , the repurchases of our common shares . fiscal 2012 compared to fiscal 2011 : cash flows provided by financing activities increased by $ 305.3 million , primarily due to a new debt financing agreement we entered into in november 2011 , in which we borrowed $ 600 million from certain financial institutions ( see note 10 `` long-term debt '' to our consolidated financial statements ) . the proceeds from the term loan and revolver of $ 648.5 million were partially offset by a payment of $ 332.9 million made on november 9 , 2011 to repay our previously outstanding long-term debt . incremental debt payments on account of the new term loan were an increase of approximately $ 12.7 million over fiscal 2011. in addition , associated with the new debt financing agreement , we incurred approximately $ 9.8 million of debt issuance costs , which is currently being amortized over the term of the loan ( see note 7 `` other assets '' to our consolidated financial statements ) . the remainder of the change in financing activities is primarily due to ( i ) an increase in the proceeds from stock options exercised by our employees in the amount of $ 9.8 million , ( ii ) a decrease in spending on the repurchase of our common shares in the amount of $ 1.6 million , and ( iii ) an increase in excess tax benefits on share-based compensation expense in the amount of $ 0.8 million .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flows from financing activities our cash flows from financing activities consist of long-term debt financing and amounts received from stock options exercised by our employees . these inflows are typically offset by scheduled and non-scheduled repayments of our long-term debt financing and , when applicable , the repurchases of our common shares . fiscal 2012 compared to fiscal 2011 : cash flows provided by financing activities increased by $ 305.3 million , primarily due to a new debt financing agreement we entered into in november 2011 , in which we borrowed $ 600 million from certain financial institutions ( see note 10 `` long-term debt '' to our consolidated financial statements ) . the proceeds from the term loan and revolver of $ 648.5 million were partially offset by a payment of $ 332.9 million made on november 9 , 2011 to repay our previously outstanding long-term debt . incremental debt payments on account of the new term loan were an increase of approximately $ 12.7 million over fiscal 2011. in addition , associated with the new debt financing agreement , we incurred approximately $ 9.8 million of debt issuance costs , which is currently being amortized over the term of the loan ( see note 7 `` other assets '' to our consolidated financial statements ) . the remainder of the change in financing activities is primarily due to ( i ) an increase in the proceeds from stock options exercised by our employees in the amount of $ 9.8 million , ( ii ) a decrease in spending on the repurchase of our common shares in the amount of $ 1.6 million , and ( iii ) an increase in excess tax benefits on share-based compensation expense in the amount of $ 0.8 million .
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 Suspicious Activity Report : our products incorporate social and mobile experiences and are delivered for on premise implementation as well as through cloud and managed hosted services . our initial public offering was on the nasdaq in 1996 and we were subsequently listed on the toronto stock exchange in 1998. we are a multinational company and currently employ approximately 4,500 people worldwide . we recently acquired easylink services international corporation ( easylink ) , which is discussed in more detail below . with the acquisition of easylink we acquired an additional 539 employees . fiscal 2012 highlights : fiscal 2012 was overall a successful year for us . the followings are highlights of our operating results : total revenue for the year was $ 1.2 billion , up 16.9 % over fiscal 2011. license revenue was $ 293.7 million , up 9.1 % over fiscal 2011. gaap-based eps , diluted , was $ 2.13 compared to $ 2.11 in fiscal 2011 . 23 non-gaap-based eps , diluted , was $ 4.60 compared to $ 4.07 in fiscal 2011. gaap-based operating income margin was 12.4 % compared to 14.6 % in fiscal 2011. non-gaap-based operating income margin was 27.3 % compared to 27.5 % in fiscal 2011 operating cash flow was $ 266.5 million , up 19.4 % over fiscal 2011. cash and cash equivalents was $ 559.7 million as of june 30 , 2012 , compared to $ 284.1 million as of june 30 , 2011. on november 9 , 2011 , we entered into a $ 700 million amended and restated credit agreement , with a $ 600 million term loan facility ( term loan ) and a $ 100 million committed revolving credit facility ( revolver ) . we used a portion of this term loan facility to repay our previously outstanding term debt . the remaining cash will be used for future business operations , which may include the funding of future acquisition opportunities . during fiscal 2012 , mr. john shackleton retired from opentext as president and chief executive officer , with mr. mark barrenechea appointed to take his place . mr. shackleton was with opentext for over 12 years . mr. barrenechea has over 20 years of executive management and leadership experience in the high-technology industry and he was the former president and chief executive officer at silicon graphics international corporation ( sgi ) . prior to sgi , mr. barrenechea served as executive vice president and chief technology officer for ca inc. , from 2003 to 2006. from 1997 to 2003 , mr. barrenechea was the senior vice president of applications development at oracle corporation . in addition , there were other appointments and new hires made to our executive leadership team as we continue to grow and expand our business . on june 11 , 2012 , we announced that mr. greg corgan joined our company as executive vice president , worldwide field operations . mr. corgan has over 25 years of experience in enterprise software . most recently , mr.corgan was the corporate senior vice president and president of global field operations for infor , inc. , a provider of enterprise software for a broad range of business functions including inventory and asset management , resource planning and human capital management . acquisitions our competitive position in the marketplace requires us to maintain a complex and evolving array of technologies , products , services and capabilities . in light of the continually evolving marketplace in which we operate , we regularly evaluate various acquisition opportunities within our traditional enterprise content management ( ecm ) market and also in the broader enterprise information management ( eim ) marketplace . we made three acquisitions during fiscal 2012 and completed another one subsequent to the fiscal 2012 year end . on july 2 , 2012 , we acquired easylink , a company based in georgia , usa and a global provider of cloud-based electronic messaging and business integration services for approximately $ 315 million , inclusive of debt and net of cash acquired . see note 24 “ subsequent events ” to our consolidated financial statements for more details . on october 31 , 2011 , we acquired system solutions australia pty limited ( messagemanager ) , which is the sole shareholder of messagemanager solutions pty limited , a software company based in sydney , australia , for $ 3.3 million . messagemanager specializes in fax over internet protocol . on september 1 , 2011 , we acquired operitel corporation ( operitel ) , a software company based in peterborough , ontario , canada , specializing in learning management systems ( lms ) and enterprise learning portals , for $ 7.0 million . the acquisition adds strong e-learning capabilities to our solutions . operitel 's solutions include social and mobile learning management and capabilities that integrate with microsoft ® sharepoint . on july 13 , 2011 , we acquired global 360 holding corp. ( global 360 ) , a provider of process and case management solutions headquartered in dallas , texas , for $ 256.6 million . the acquisition continues our expansion into the business process management ( bpm ) market and adds to our pool of technology , as well as giving us new capabilities in the field of dynamic case management . we believe our acquisitions support our long-term strategic direction , strengthen our competitive position , expand our customer base and provide greater scale to accelerate innovation , grow our earnings and increase shareholder value . we expect to continue to strategically acquire companies , products , services and technologies to augment our existing business . outlook for fiscal 2013 as we continue to expand our product offerings through internal development and acquisitions , we are evolving from our heritage in the ecm space to a broader market category known as eim . story_separator_special_tag 33 provision for ( recovery of ) income taxes : we initiated an internal reorganization of our international subsidiaries in fiscal 2010 and continue to integrate acquisitions into this new organizational structure for the following reasons : 1 ) to consolidate our intellectual property within certain jurisdictions , 2 ) to effect an operational reduction of our global subsidiaries with a view to , eventually , having a single operating legal entity in each jurisdiction , 3 ) to better safeguard our intellectual property in jurisdictions with well established legal regimes and protections and 4 ) to simplify the management of our intellectual property ownership . we operate in several tax jurisdictions and are exposed to various foreign tax rates . we also note that we are subject to tax rate discrepancies between our domestic tax rate and foreign tax rates that are significant and these discrepancies are primarily related to the united states , luxembourg and germany . replace_table_token_20_th fiscal 2012 compared to fiscal 2011 : the effective gaap tax rate ( which is the provision for taxes expressed as a percentage of net income before taxes ) has remained relatively stable at 8.9 % for fiscal 2012 compared to 9.5 % for fiscal 2011. the slight decrease in the fiscal 2012 effective tax rate is due to tax benefits relating to the internal reorganization of the recently acquired international subsidiaries of metastorm inc. and global 360 , the impact of foreign tax rate differences and a canadian election to file tax returns in u.s. dollar functional currency accepted in fiscal 2012. fiscal 2011 compared to fiscal 2010 : the increase in the effective tax rate from 2.1 % in fiscal 2010 to 9.5 % in fiscal 2011 was primarily due to a reduction in tax benefits relating to the internal reorganization of our international subsidiaries during the latter part of fiscal 2010 and the beginning of fiscal 2011 and amortization of deferred charges related to the internal reorganization of our international subsidiaries . for a detailed reconciliation of tax expense to the combined expected canadian federal and provincial tax rate see note 13 `` income taxes `` to our consolidated financial statements . 34 use of non-gaap financial measures in addition to reporting financial results in accordance with u.s. gaap , the company provides certain financial measures that are not in accordance with u.s. gaap . these non-u.s. gaap financial measures have certain limitations in that they do not have a standardized meaning and thus the company 's definition may be different from similar non-u.s. gaap financial measures used by other companies and or analysts and may differ from period to period . thus it may be more difficult to compare the company 's financial performance to that of other companies . however , the company 's management compensates for these limitations by providing the relevant disclosure of the items excluded in the calculation of these non-u.s. gaap financial measures both in its reconciliation to the u.s. gaap financial measures and its consolidated financial statements , all of which should be considered when evaluating the company 's results . the company uses these non-u.s. gaap financial measures to supplement the information provided in its consolidated financial statements , which are presented in accordance with u.s. gaap . the presentation of non-u.s. gaap financial measures are not meant to be a substitute for financial measures presented in accordance with u.s. gaap , but rather should be evaluated in conjunction with and as a supplement to such u.s. gaap measures . opentext strongly encourages investors to review its financial information in its entirety and not to rely on a single financial measure . the company therefore believes that despite these limitations , it is appropriate to supplement the disclosure of the u.s. gaap measures with certain non-u.s. gaap measures .. non-u.s. gaap net income and non-u.s. gaap eps are calculated as net income or net income per share on a diluted basis , excluding , where applicable , the amortization of acquired intangible assets , other income ( expense ) , share-based compensation , and restructuring , all net of tax . the company 's management believes that the presentation of non-u.s. gaap net income and non-u.s. gaap eps provides useful information to investors because it excludes non-operational charges . the use of the term “ non-operational charge ” is defined by the company as those that do not impact operating decisions taken by the company 's management and is based upon the way the company 's management evaluates the performance of the company 's business for use in the company 's internal reports . in the course of such evaluation and for the purpose of making operating decisions , the company 's management excludes certain items from its analysis , such as amortization of acquired intangible assets , restructuring costs , share-based compensation , other income ( expense ) and the taxation impact of these items . these items are excluded based upon the manner in which management evaluates the business of the company and are not excluded in the sense that they may be used under u.s. gaap . the company believes the provision of supplemental non-u.s. gaap measures allows investors to evaluate the operational and financial performance of the company 's core business using the same evaluation measures that management uses , and is therefore a useful indication of opentext 's performance or expected performance of recurring operations and facilitates period-to-period comparison of operating performance . as a result , the company considers it appropriate and reasonable to provide , in addition to u.s. gaap measures , supplementary non-u.s. gaap financial measures that exclude certain items from the presentation of its financial results . the following charts provide unaudited reconciliations of u.s. gaap based financial measures to non-u.s. gaap based financial measures for the following periods presented : reconciliation of selected gaap-based measures to non-gaap based measures for the years ended june 30 , 2012 , 2011

