| Cash Flow for Alcan Inc. (AL) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Net Income | 1,786,000 | 129,000 | 258,000 | 290,000 | 374,000 | | Depreciation & Amortization | 1,043,000 | 1,080,000 | 1,337,000 | 923,000 | 859,000 | | Deferred Income Taxes | 367,000 | 123,000 | 45,000 | 47,000 | 68,000 | | Operating Losses | (89,000) | 530,000 | 194,000 | 42,000 | 6,000 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (443,000) | (331,000) | (435,000) | 185,000 | 143,000 | | Decrease in Inventories | (263,000) | (6,000) | 24,000 | 71,000 | 93,000 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 138,000 | 42,000 | 233,000 | 26,000 | (81,000) | | Increase in Other Current Liabilities | - | - | - | - | - | | Decrease in Other Working Capital | 377,000 | 81,000 | 27,000 | - | 149,000 | | Other Non-Cash Items | 128,000 | (20,000) | 79,000 | 249,000 | 3,000 | | Net Cash from Continuing Operations | 3,044,000 | 1,628,000 | 1,762,000 | 1,833,000 | 1,614,000 | | Net Cash from Discontinued Operations | 5,000 | 27,000 | 110,000 | 7,000 | - | | Cash from Operating Activities | 3,049,000 | 1,655,000 | 1,872,000 | 1,840,000 | 1,614,000 | | | | Sale of Property, Plant, Equipment | - | 266,000 | 35,000 | 63,000 | 121,000 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (2,081,000) | (1,835,000) | (1,289,000) | (888,000) | (728,000) | | Acquisitions | 106,000 | (112,000) | (466,000) | (3,817,000) | (345,000) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | 66,000 | 2,535,000 | (8,000) | - | - | | Cash from Investing Activities | (1,904,000) | 914,000 | (1,750,000) | (4,621,000) | (952,000) | | | Issuance of Debt | 556,000 | 1,272,000 | 1,768,000 | 4,291,000 | 848,000 | | Issuance of Capital Stock | 162,000 | 67,000 | 100,000 | 42,000 | 16,000 | | | Repayment of Debt | (1,096,000) | (3,751,000) | (2,158,000) | (642,000) | (1,345,000) | | Repurchase of Capital Stock | (466,000) | - | - | - | - | | Payment of Cash Dividends | (267,000) | (231,000) | (240,000) | (211,000) | (203,000) | | Other Financing Charges, Net | - | (4,000) | (11,000) | - | - | | Cash from Financing Activities | (1,111,000) | (2,702,000) | (576,000) | 3,452,000 | (684,000) | | | | Effect of Exchange Rate Changes | 14,000 | (26,000) | 16,000 | 22,000 | 13,000 | | Net Change in Cash | 48,000 | (159,000) | (438,000) | 693,000 | (9,000) | | | Cash at Beginning of Year | 181,000 | 340,000 | 778,000 | 110,000 | 119,000 | | Cash at End of Period | 229,000 | 181,000 | 340,000 | 803,000 | 110,000 | | | |
