| Cash Flow for ACNB Corporation (ACNB) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 7,937 | 7,290 | 7,376 | 9,308 | 10,768 | | Provision for Loan Loss | 500 | 870 | 516 | 300 | 265 | | Depreciation & Amortization | 2,056 | 2,679 | 3,160 | 3,459 | 4,044 | | Deferred Income Taxes | - | 22 | (140) | 350 | 146 | | Change in Assets (Receivables) | (2,875) | (844) | (186) | (1,072) | (63) | | Change in Liabilities (Payables) | (1,811) | 1,220 | 1,030 | 910 | (1,140) | | Investment Securities Gain | (42) | (204) | 264 | (1,113) | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (332) | - | - | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | (472) | | Other Non-Cash Items | (922) | (1,085) | (628) | (1,108) | 161 | | Net Cash from Operating Activities | 4,511 | 9,948 | 11,392 | 11,034 | 13,709 | | | | Proceeds from Sale/Mat. Inv. | 216,172 | 24,135 | 67,717 | 402,286 | 282,713 | | Purchase of Investment Securities | (147,845) | (6,685) | (34,813) | (424,870) | (371,573) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (917) | (1,509) | (4,092) | (5,784) | (675) | | Acquisitions | (637) | - | - | - | - | | Other Investment Changes, Net | (24,585) | (30,666) | (59,306) | (36,267) | (42,024) | | Net Cash from Investing Activities | 42,188 | (14,725) | (30,494) | (64,635) | (131,559) | | | Net Change in Deposits | 935 | (9,676) | 32,509 | 7,484 | 56,773 | | Cash Dividends paid | (4,566) | (4,566) | (4,947) | (4,892) | (4,838) | | Repayment of Long Term Debt | (70,276) | (55,258) | (57,222) | - | - | | Change in Short Term Debt | (29,215) | 676 | (5,659) | (4,710) | 3,961 | | Issuance of Long term Debt | 55,000 | 75,000 | 51,000 | 45,000 | 76,270 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | - | - | - | - | | Purchase of Treasury Stock | - | - | - | - | - | | Other Financing Activities | (21) | (17) | - | - | - | | Cash from Financing Activities | (48,143) | 6,159 | 15,681 | 42,882 | 132,166 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (1,444) | 1,382 | (3,421) | (10,719) | 14,316 | | | Cash at Beginning of Period | 20,656 | 19,274 | 22,695 | 33,414 | 19,098 | | Cash at End of Period | 19,212 | 20,656 | 19,274 | 22,695 | 33,414 | | | |
