| Cash Flow for Apache Corp. (APA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 2,812,358 | 2,552,451 | 2,623,730 | 1,668,754 | 1,121,885 | | Depreciation & Amortization | 2,347,791 | 1,816,359 | 1,415,682 | 1,222,152 | 1,073,286 | | Deferred Income Taxes | 889,527 | 751,457 | 598,927 | 444,906 | 546,357 | | Operating Losses | 48,966 | (141,165) | 102,246 | 87,071 | 56,867 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (261,962) | (153,616) | (504,038) | (296,383) | (94,295) | | Decrease in Inventories | 39,787 | 10,238 | 11,295 | (659) | (4,216) | | Decrease in Other Current Assets | (30,531) | 66,323 | (170,608) | (71,089) | (49,401) | | Increase in Payables | (38,923) | (136,663) | 97,447 | 182,454 | 68,176 | | Increase in Other Current Liabilities | (169,087) | (475,021) | 153,841 | (8,158) | (14,922) | | Decrease in Other Working Capital | (56,931) | (66,388) | - | - | - | | Other Non-Cash Items | 96,438 | 88,931 | - | - | - | | Net Cash from Continuing Operations | 5,677,433 | 4,312,906 | 4,332,270 | 3,231,519 | 2,705,900 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 5,677,433 | 4,312,906 | 4,332,270 | 3,231,519 | 2,705,900 | | | | Sale of Property, Plant, Equipment | 67,483 | 413,943 | 79,663 | 4,042 | 58,944 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (4,802,343) | (4,140,228) | (3,715,856) | (2,456,488) | (1,594,936) | | Acquisitions | (1,004,593) | (1,899,738) | - | (880,136) | (1,365,189) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (206,476) | (149,559) | (95,649) | (78,431) | (57,576) | | Cash from Investing Activities | (5,945,929) | (5,775,582) | (3,731,842) | (3,411,013) | (2,958,757) | | | Issuance of Debt | 3,498,623 | 1,779,963 | 153,368 | 544,824 | 1,780,870 | | Issuance of Capital Stock | 43,961 | 31,963 | 25,484 | 34,067 | 582,865 | | | Repayment of Debt | (3,091,583) | (150,266) | (549,530) | (283,400) | (1,613,362) | | Repurchase of Capital Stock | - | (166,907) | - | - | - | | Payment of Cash Dividends | (204,753) | (154,143) | (117,395) | (90,369) | (72,832) | | Other Financing Charges, Net | 7,547 | 33,730 | 5,412 | 51,962 | (443,068) | | Cash from Financing Activities | 253,795 | 1,374,340 | (482,661) | 257,084 | 234,474 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (14,701) | (88,336) | 117,767 | 77,590 | (18,383) | | | Cash at Beginning of Year | 140,524 | 228,860 | 111,093 | 33,503 | 51,886 | | Cash at End of Period | 125,823 | 140,524 | 228,860 | 111,093 | 33,503 | | | |
