| Cash Flow for Acme Packet Inc. (APKT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 19,561 | 28,864 | (35) | (6,957) | N/A | | Depreciation & Amortization | 4,976 | 3,481 | 1,966 | 1,217 | N/A | | Deferred Income Taxes | 192 | (4,780) | - | - | N/A | | Operating Losses | - | - | - | 88 | N/A | | Extraordinary Losses | - | - | - | - | N/A | | | Decrease in Receivables | (15,800) | (7,721) | (3,216) | (3,679) | N/A | | Decrease in Inventories | 1,427 | (3,930) | (1,302) | (1,641) | N/A | | Decrease in Other Current Assets | 45 | (1,103) | (116) | (102) | N/A | | Increase in Payables | (695) | 2,731 | 1,046 | 1,136 | N/A | | Increase in Other Current Liabilities | 5,394 | 7,690 | 3,573 | 5,185 | N/A | | Decrease in Other Working Capital | - | - | - | - | N/A | | Other Non-Cash Items | 1,303 | 1,099 | 410 | 96 | N/A | | Net Cash from Continuing Operations | 16,403 | 26,331 | 2,326 | (4,657) | N/A | | Net Cash from Discontinued Operations | - | - | - | - | N/A | | Cash from Operating Activities | 16,403 | 26,331 | 2,326 | (4,657) | N/A | | | | Sale of Property, Plant, Equipment | - | - | - | - | N/A | | Sale of Short Term Investments | - | - | - | - | N/A | | | Purchase of Property, Plant, Equipment | (5,462) | (6,412) | (3,615) | (2,125) | N/A | | Acquisitions | - | - | - | - | N/A | | Purchase of Short Term Investments | - | - | - | - | N/A | | Other Investment Changes, Net | 146 | (57) | (4) | (136) | N/A | | Cash from Investing Activities | (5,316) | (6,469) | (3,619) | (2,261) | N/A | | | Issuance of Debt | - | - | 60 | - | N/A | | Issuance of Capital Stock | 1,741 | 83,372 | 64 | 14,593 | N/A | | | Repayment of Debt | - | - | (210) | (486) | N/A | | Repurchase of Capital Stock | (8) | - | - | (1) | N/A | | Payment of Cash Dividends | - | - | - | - | N/A | | Other Financing Charges, Net | 4,886 | 111 | - | - | N/A | | Cash from Financing Activities | 6,619 | 83,483 | (86) | 14,106 | N/A | | | | Effect of Exchange Rate Changes | - | - | - | - | N/A | | Net Change in Cash | 17,706 | 103,345 | (1,379) | 7,188 | N/A | | | Cash at Beginning of Year | 118,714 | 15,369 | 16,748 | 9,560 | N/A | | Cash at End of Period | 136,420 | 118,714 | 15,369 | 16,748 | N/A | | | |
