| Cash Flow for Bancorp Rhode Island Inc. (BARI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 9,045 | 7,711 | 9,569 | 8,614 | 7,214 | | Provision for Loan Loss | 700 | 1,202 | 1,474 | 900 | 1,600 | | Depreciation & Amortization | (1,295) | 550 | 2,680 | 3,656 | 4,604 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | (539) | (616) | (3,744) | (548) | (174) | | Change in Liabilities (Payables) | 3,579 | 1,282 | 3,623 | 1,127 | 1,725 | | Investment Securities Gain | (254) | 859 | (181) | (350) | (1,088) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (974) | - | (14) | (537) | (15) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (742) | (571) | (1,015) | (511) | (605) | | Net Cash from Operating Activities | 9,520 | 10,417 | 12,392 | 12,351 | 13,261 | | | | Proceeds from Sale/Mat. Inv. | 110,115 | 125,972 | 78,407 | 93,759 | 215,856 | | Purchase of Investment Securities | (96,776) | (84,815) | (205,807) | (171,468) | (165,222) | | Net Increase Fed. Funds Sold | 859 | (468) | (2,833) | (3,675) | (1,871) | | Purchase of Property & Equipment | (2,011) | (1,050) | (5,372) | (2,165) | (4,603) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (27,606) | (55,684) | (65,487) | (57,159) | (145,381) | | Net Cash from Investing Activities | (15,419) | (16,045) | (201,092) | (140,708) | (101,221) | | | Net Change in Deposits | (1,643) | 35,454 | 100,295 | 69,391 | 49,372 | | Cash Dividends paid | (2,942) | (2,861) | (2,701) | (2,315) | (2,142) | | Repayment of Long Term Debt | (116,558) | (237,775) | (268,713) | (140,981) | (72,932) | | Change in Short Term Debt | 10,454 | 30,103 | 8,188 | 4,590 | (13,904) | | Issuance of Long term Debt | 100,710 | 200,000 | 333,908 | 204,155 | 111,153 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 1,367 | 1,663 | 22,282 | 1,266 | 1,176 | | Purchase of Treasury Stock | (10,189) | - | - | - | - | | Other Financing Activities | 498 | 261 | 309 | 113 | 95 | | Cash from Financing Activities | (18,303) | 26,845 | 193,568 | 136,219 | 72,818 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (24,202) | 21,217 | 4,868 | 7,862 | (15,142) | | | Cash at Beginning of Period | 61,764 | 40,547 | 35,679 | 27,817 | 42,959 | | Cash at End of Period | 37,562 | 61,764 | 40,547 | 35,679 | 27,817 | | | |
