| Cash Flow for Active Power Inc. (ACPW) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (20,492) | (21,149) | (22,891) | (27,780) | (21,703) | | Depreciation & Amortization | 1,986 | 2,139 | 1,904 | 2,167 | 2,419 | | Deferred Income Taxes | 234 | - | - | - | - | | Operating Losses | - | - | 1,272 | 347 | - | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 3,444 | (1,916) | (2,833) | (2,615) | (18) | | Decrease in Inventories | (703) | (6,037) | (276) | 565 | 1,980 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (321) | 399 | 615 | (45) | 1,342 | | Increase in Other Current Liabilities | 2,425 | 1,057 | 361 | 117 | (254) | | Decrease in Other Working Capital | 25 | - | - | - | - | | Other Non-Cash Items | 3,184 | 2,839 | - | - | - | | Net Cash from Continuing Operations | (10,423) | (22,315) | (21,440) | (26,789) | (16,925) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (10,423) | (22,315) | (21,440) | (26,789) | (16,925) | | | | Sale of Property, Plant, Equipment | 131 | - | - | - | - | | Sale of Short Term Investments | 10,951 | 35,698 | 36,646 | 64,285 | 3,744 | | | Purchase of Property, Plant, Equipment | (870) | (1,950) | (1,689) | (323) | (958) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (4,798) | (14,274) | (43,833) | (32,630) | - | | Other Investment Changes, Net | - | 116 | 625 | 64 | (805) | | Cash from Investing Activities | 5,414 | 19,590 | (8,251) | 31,396 | 1,981 | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 14,027 | 2,779 | 20,838 | 945 | 509 | | | Repayment of Debt | - | - | - | - | - | | Repurchase of Capital Stock | - | - | (3) | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (973) | - | (1,179) | - | - | | Cash from Financing Activities | 13,054 | 2,779 | 19,656 | 945 | 509 | | | | Effect of Exchange Rate Changes | (193) | 8 | - | - | - | | Net Change in Cash | 7,852 | 62 | (10,035) | 5,552 | (14,435) | | | Cash at Beginning of Year | 7,652 | 7,590 | 17,625 | 12,073 | 62,934 | | Cash at End of Period | 15,504 | 7,652 | 7,590 | 17,625 | 48,499 | | | |
