Read the following texts and table with financial data from an S&P 500 earnings report carefully.Based on the question-answer history (if provided), answer the last question. The answer may require mathematical calculation based on the data provided.


the internal revenue code . therefore , cash needed to execute our strategy and invest in new properties , as well as to pay our debt at maturity , must come from one or more of the following sources : 2022 cash not distributed to shareholders , 2022 proceeds of property dispositions , or 2022 proceeds derived from the issuance of new debt or equity securities . it is management 2019s intention that we continually have access to the capital resources necessary to expand and develop our business . as a result , we intend to operate with and maintain a conservative capital structure that will allow us to maintain strong debt service coverage and fixed-charge coverage ratios as part of our commitment to investment-grade debt ratings . we may , from time to time , seek to obtain funds by the following means : 2022 additional equity offerings , 2022 unsecured debt financing and/or mortgage financings , and 2022 other debt and equity alternatives , including formation of joint ventures , in a manner consistent with our intention to operate with a conservative debt structure . cash and cash equivalents were $ 30.5 million and $ 35.0 million at december 31 , 2004 and december 31 , 2003 , respectively . summary of cash flows for the year ended december 31 , 2004 ( in thousands ) . <table class='wikitable'><tr><td>1</td><td>-</td><td>for the year ended december 31 2004 ( in thousands )</td></tr><tr><td>2</td><td>cash provided by operating activities</td><td>$ 161113</td></tr><tr><td>3</td><td>cash used in investing activities</td><td>-154273 ( 154273 )</td></tr><tr><td>4</td><td>cash used by financing activities</td><td>-11333 ( 11333 )</td></tr><tr><td>5</td><td>decrease in cash and cash equivalents</td><td>-4493 ( 4493 )</td></tr><tr><td>6</td><td>cash and cash equivalents beginning of period</td><td>34968</td></tr><tr><td>7</td><td>cash and cash equivalents end of period</td><td>$ 30475</td></tr></table> the cash provided by operating activities is primarily attributable to the operation of our properties and the change in working capital related to our operations . we used cash of $ 154.3 million during the twelve months ended december 31 , 2004 in investing activities , including the following : 2022 $ 101.7 million for our acquisition of westgate mall , shaw 2019s plaza and several parcels of land , 2022 capital expenditures of $ 59.2 million for development and redevelopment of properties including santana row , 2022 maintenance capital expenditures of approximately $ 36.9 million , 2022 $ 9.4 million capital contribution to a real estate partnership , and 2022 an additional $ 3.2 million net advance under an existing mortgage note receivable ; offset by 2022 $ 41.8 million in net sale proceeds from the sale of properties , and .
Question: what is the percentage decrease in the balance of cash and cash equivalents during 2004?
Answer: 0.12849
Question: what portion of cash used for investing activities was used for acquisition of westgate mall , shaw 2019s plaza and several parcels of land?

0.65911