| Cash Flow for BankUnited Financial Corp. (BKUNA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Net Income | 81,379 | 83,875 | 27,537 | 50,722 | 39,120 | | Provision for Loan Loss | 31,500 | 10,400 | 3,800 | 5,025 | 5,425 | | Depreciation & Amortization | (85,077) | 94,865 | 45,957 | 41,140 | 42,686 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | (470,825) | (146,059) | (24,213) | 8,647 | 32,361 | | Change in Liabilities (Payables) | 14,953 | 38,793 | 16,085 | (18,367) | 1,362 | | Investment Securities Gain | 524 | - | (2,794) | 1,902 | (4,604) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (9,748) | (13,271) | (4,138) | (7,672) | (10,473) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | 252 | (504) | - | | Other Non-Cash Items | 4,118 | (82,603) | (161,689) | (195,808) | (759,970) | | Net Cash from Operating Activities | (433,176) | (14,000) | (99,203) | (114,915) | (654,092) | | | | Proceeds from Sale/Mat. Inv. | 755,902 | 588,426 | 1,218,663 | 1,465,751 | 2,282,865 | | Purchase of Investment Securities | (39,458) | (36,712) | (87,612) | (1,164,194) | (2,617,249) | | Net Increase Fed. Funds Sold | (50,043) | (65,449) | (33,877) | (32,735) | (128,324) | | Purchase of Property & Equipment | (31,540) | (17,276) | (20,976) | (10,603) | (6,721) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (1,106,172) | (3,397,516) | (2,857,227) | (1,731,943) | (177,398) | | Net Cash from Investing Activities | (471,311) | (2,928,527) | (1,781,029) | (1,473,724) | (646,827) | | | Net Change in Deposits | 1,016,255 | 1,340,777 | 1,205,093 | 292,156 | 259,935 | | Cash Dividends paid | (1,260) | (1,169) | (878) | (379) | (316) | | Repayment of Long Term Debt | (4,662,673) | (2,501,244) | (1,439,889) | (200,000) | (113) | | Change in Short Term Debt | (445,000) | 75,000 | 486,067 | 654,027 | 654,202 | | Issuance of Long term Debt | 5,476,560 | 3,685,250 | 1,669,927 | 781,386 | 162,255 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 2,403 | 154,263 | 3,257 | 3,555 | 73,514 | | Purchase of Treasury Stock | (38,071) | - | (2,215) | - | - | | Other Financing Activities | 2,553 | 18,252 | 15,027 | 12,890 | (93,950) | | Cash from Financing Activities | 1,350,767 | 2,771,131 | 1,936,389 | 1,543,635 | 1,055,527 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 446,280 | (171,396) | 56,157 | (45,004) | (245,392) | | | Cash at Beginning of Period | 66,655 | 238,051 | 181,894 | 226,898 | 472,290 | | Cash at End of Period | 512,935 | 66,655 | 238,051 | 181,894 | 226,898 | | | |
