| Cash Flow for Aceto Corp. (ACET) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Net Income | 13,473 | 10,212 | 9,237 | 10,015 | 13,067 | | Depreciation & Amortization | 2,378 | 1,791 | 1,558 | 1,291 | 1,119 | | Deferred Income Taxes | 1,835 | 1,692 | 1,134 | 650 | (26) | | Operating Losses | - | - | - | 1,414 | 2,242 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (8,973) | (8,699) | (98) | 3,750 | (8,307) | | Decrease in Inventories | (7,989) | (12,565) | 4,909 | (10,245) | 2,118 | | Decrease in Other Current Assets | - | - | 20 | (48) | (668) | | Increase in Payables | 9,615 | 7,884 | (3,962) | (6,518) | 5,697 | | Increase in Other Current Liabilities | 4,853 | 4,185 | 3,941 | (2,056) | 4,690 | | Decrease in Other Working Capital | (1,508) | (636) | (719) | - | - | | Other Non-Cash Items | 1,389 | 395 | 316 | - | - | | Net Cash from Continuing Operations | 15,418 | 4,163 | 16,154 | (1,396) | 19,690 | | Net Cash from Discontinued Operations | - | - | - | 6 | - | | Cash from Operating Activities | 15,418 | 4,163 | 16,154 | (1,390) | 19,690 | | | | Sale of Property, Plant, Equipment | 400 | - | - | - | - | | Sale of Short Term Investments | 2,298 | 6,779 | 1,739 | 9,000 | 100 | | | Purchase of Property, Plant, Equipment | (1,294) | (3,172) | (551) | (3,576) | (706) | | Acquisitions | - | - | - | - | (4,632) | | Purchase of Short Term Investments | - | (6,274) | - | (4,463) | - | | Other Investment Changes, Net | - | 76 | 73 | 144 | 277 | | Cash from Investing Activities | 1,404 | (2,591) | 1,261 | 1,105 | (4,961) | | | Issuance of Debt | - | 25 | - | 126 | - | | Issuance of Capital Stock | 87 | 217 | 250 | 946 | 3,079 | | | Repayment of Debt | (25) | - | (126) | (500) | (3,413) | | Repurchase of Capital Stock | - | - | (581) | - | - | | Payment of Cash Dividends | (6,110) | (4,257) | (3,637) | (3,641) | (2,719) | | Other Financing Charges, Net | 18 | 24 | 85 | - | - | | Cash from Financing Activities | (6,030) | (3,991) | (4,009) | (3,069) | (3,053) | | | | Effect of Exchange Rate Changes | 3,403 | 1,007 | 376 | (26) | 391 | | Net Change in Cash | 14,195 | (1,412) | 13,782 | (3,380) | 12,067 | | | Cash at Beginning of Year | 32,320 | 33,732 | 19,950 | 23,330 | 20,263 | | Cash at End of Period | 46,515 | 32,320 | 33,732 | 19,950 | 32,330 | | | |
