| Cash Flow for Beasley Broadcast Group Inc. (BBGI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 4,771 | 10,134 | 10,705 | 12,031 | 12,504 | | Depreciation & Amortization | 3,096 | 2,773 | 2,897 | 3,277 | 3,574 | | Deferred Income Taxes | 4,139 | 5,323 | 3,516 | 6,708 | 8,481 | | Operating Losses | (115) | (245) | 2,731 | 1,678 | (6,584) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (784) | (2,421) | (95) | 177 | (183) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | (296) | (299) | 2,268 | | Increase in Payables | 517 | 1,278 | 666 | 1,737 | 451 | | Increase in Other Current Liabilities | - | - | - | - | - | | Decrease in Other Working Capital | 1,073 | (804) | - | - | - | | Other Non-Cash Items | 6,258 | 2,152 | - | - | - | | Net Cash from Continuing Operations | 18,857 | 19,209 | 20,467 | 24,736 | 20,538 | | Net Cash from Discontinued Operations | - | - | - | - | (200) | | Cash from Operating Activities | 18,857 | 19,209 | 20,467 | 24,736 | 20,338 | | | | Sale of Property, Plant, Equipment | - | 2,176 | 620 | - | 1,500 | | Sale of Short Term Investments | - | - | 158 | - | 4,792 | | | Purchase of Property, Plant, Equipment | (3,276) | (4,776) | (3,178) | (3,853) | (1,375) | | Acquisitions | (44,818) | (22,161) | - | - | - | | Purchase of Short Term Investments | - | - | (1) | (3) | - | | Other Investment Changes, Net | 181 | 169 | - | 147 | 3,488 | | Cash from Investing Activities | (47,913) | (24,793) | (2,401) | (3,708) | 8,405 | | | Issuance of Debt | 42,000 | 16,000 | 47 | 168,987 | - | | Issuance of Capital Stock | - | - | 25 | 16 | 18 | | | Repayment of Debt | (5,594) | (6,210) | (14,844) | (179,987) | (26,372) | | Repurchase of Capital Stock | (3,501) | (5,924) | (1,865) | (623) | - | | Payment of Cash Dividends | (5,845) | (5,994) | - | - | - | | Other Financing Charges, Net | - | (22) | - | (2,300) | (107) | | Cash from Financing Activities | 27,060 | (2,149) | (16,638) | (13,907) | (26,461) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (1,996) | (7,733) | 1,429 | 7,121 | 2,282 | | | Cash at Beginning of Year | 8,546 | 16,279 | 14,850 | 7,730 | 5,448 | | Cash at End of Period | 6,551 | 8,546 | 16,279 | 14,850 | 7,730 | | | |
