|
Cash Flow for
BANK OF GRANITE CORP
(GRAN)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
(23,664) |
(25,620) |
(36,251) |
(15,303) |
15,010 |
| Depreciation |
N/A |
N/A |
N/A |
N/A |
N/A |
| Amortization |
N/A |
N/A |
N/A |
N/A |
N/A |
| Amortization of Intagibles |
N/A |
N/A |
N/A |
N/A |
N/A |
| Deferred Income Taxes |
- |
- |
9,507 |
(1,603) |
(483) |
| Operating Gains/Losses |
N/A |
N/A |
N/A |
N/A |
N/A |
| Extraordinary Gains/Losses |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Receivables |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Inventories |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Prepaid Expenses |
N/A |
N/A |
N/A |
N/A |
N/A |
| Decrease in Other Current Assets |
4,729 |
(172) |
6,987 |
(20,389) |
(2,237) |
| Increase in Payables |
N/A |
N/A |
N/A |
N/A |
N/A |
| Increase in Other Current Liabilities |
(1,338) |
(6,915) |
3,340 |
(491) |
3,892 |
| Decrease in Other Working Capital |
N/A |
N/A |
N/A |
N/A |
N/A |
| Other Non-Cash Items |
37,477 |
57,693 |
43,184 |
55,495 |
14,429 |
| Net Cash from Continuing Operations |
N/A |
N/A |
N/A |
N/A |
N/A |
| Net Cash from Discontinued Operations |
N/A |
N/A |
N/A |
N/A |
N/A |
| Cash from Operating Activities |
17,204 |
24,986 |
26,767 |
17,709 |
30,611 |
|
|
| Sale of Property, Plant, Equipment |
N/A |
N/A |
N/A |
N/A |
N/A |
| Sale of Long Term Investments |
N/A |
N/A |
N/A |
N/A |
N/A |
| Sale of Short Term Investments |
290,154 |
252,221 |
74,437 |
30,252 |
24,657 |
| Purchase of Property, Plant, Equipment |
(28) |
374 |
(5,592) |
(3,708) |
(3,314) |
| Acquisitions |
- |
- |
- |
- |
- |
| Purchase of Long Term Investments |
N/A |
N/A |
N/A |
N/A |
N/A |
| Purchase of Short Term Investments |
(351,718) |
(366,274) |
(15,251) |
(6,758) |
(22,373) |
| Other Investment Changes, Net |
178,536 |
161,323 |
(23,906) |
(88,463) |
(60,133) |
| Cash from Investing Activities |
116,944 |
47,644 |
29,688 |
(68,677) |
(61,164) |
| Cash from Discontinued Investing Activities |
N/A |
N/A |
N/A |
N/A |
N/A |
|
| Issuance of Debt |
- |
- |
- |
- |
- |
| Issuance of Capital Stock |
- |
- |
128 |
557 |
164 |
| Repayment of Debt |
- |
- |
- |
2,500 |
(13,909) |
| Repurchase of Capital Stock |
- |
- |
- |
(9,151) |
(8,092) |
| Payment of Cash Dividends |
- |
- |
(6,024) |
(8,239) |
(6,979) |
| Other Financing Charges, Net |
(160,298) |
(48,239) |
(34,900) |
48,644 |
85,280 |
| Cash from Financing Activities |
(160,298) |
(48,239) |
(40,796) |
34,311 |
56,464 |
| Cash from Discontinued Financing Activities |
N/A |
N/A |
N/A |
N/A |
N/A |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash |
(26,150) |
24,391 |
15,659 |
(16,657) |
25,911 |
|
| Cash at Beginning of Year |
73,374 |
48,983 |
33,324 |
49,981 |
31,571 |
| Cash at End of Period |
47,224 |
73,374 |
48,983 |
33,324 |
57,482 |
| Foreign Sales |
N/A |
N/A |
N/A |
N/A |
N/A |
| Domestic Sales |
N/A |
N/A |
N/A |
N/A |
N/A |
|
|
|
