| Cash Flow for Bel Fuse Inc. (BELFB) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 26,336 | 25,203 | 20,233 | 24,722 | 13,764 | | Depreciation & Amortization | 7,921 | 9,028 | 10,104 | 9,025 | 8,375 | | Deferred Income Taxes | (2,039) | (988) | (3,602) | (4,986) | 1,591 | | Operating Losses | (7,438) | (3,441) | 1,712 | 2,271 | 1,177 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (7,934) | (4,280) | (2,638) | (2,672) | 1,763 | | Decrease in Inventories | 7,482 | (13,501) | (1,145) | (2,774) | 2,044 | | Decrease in Other Current Assets | - | - | (384) | (739) | - | | Increase in Payables | (1,184) | 2,658 | 3,630 | 1,299 | (296) | | Increase in Other Current Liabilities | (3,478) | 3,331 | 2,553 | 6,663 | 1,180 | | Decrease in Other Working Capital | (1,135) | (499) | - | - | (426) | | Other Non-Cash Items | 1,316 | 1,234 | - | - | - | | Net Cash from Continuing Operations | 19,846 | 19,032 | 31,273 | 32,109 | 28,666 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 19,846 | 19,032 | 31,273 | 32,109 | 28,666 | | | | Sale of Property, Plant, Equipment | 11,332 | - | 253 | - | - | | Sale of Short Term Investments | 28,931 | 24,490 | 1,622 | 6,346 | 4,905 | | | Purchase of Property, Plant, Equipment | (9,269) | (9,364) | (7,746) | (6,579) | (3,119) | | Acquisitions | - | (6,961) | (20,807) | (353) | (36,277) | | Purchase of Short Term Investments | (37,485) | (3,634) | (17,999) | (17,724) | (4,953) | | Other Investment Changes, Net | - | (300) | - | 29 | 29 | | Cash from Investing Activities | (6,491) | 4,231 | (44,677) | (18,281) | (39,416) | | | Issuance of Debt | - | - | 12,000 | - | 10,000 | | Issuance of Capital Stock | 1,452 | 3,187 | 4,116 | 3,891 | 2,580 | | | Repayment of Debt | - | - | (19,361) | (2,000) | (1,500) | | Repurchase of Capital Stock | (5,733) | - | - | - | - | | Payment of Cash Dividends | (2,473) | (2,223) | (2,183) | (2,168) | (1,871) | | Other Financing Charges, Net | 149 | 336 | - | - | - | | Cash from Financing Activities | (6,605) | 1,300 | (5,429) | (277) | 9,209 | | | | Effect of Exchange Rate Changes | 364 | 200 | (367) | 186 | - | | Net Change in Cash | 7,114 | 24,763 | (19,200) | 13,737 | (1,541) | | | Cash at Beginning of Year | 76,761 | 51,998 | 71,198 | 57,461 | 59,003 | | Cash at End of Period | 83,875 | 76,761 | 51,998 | 71,198 | 57,461 | | | |
