| Cash Flow for Calavo Growers Inc. (CVGW) | | | | | | | Cash Flow | in Thousands of Dollars | | | 10/2007 | 10/2006 | 10/2005 | 10/2004 | 10/2003 | | | Net Income | 7,330 | 5,788 | 3,322 | 6,210 | 7,160 | | Depreciation & Amortization | 2,391 | 2,035 | 2,862 | 2,648 | 2,024 | | Deferred Income Taxes | 378 | 767 | (1,925) | (320) | (226) | | Operating Losses | (166) | 23 | (1,109) | 71 | (112) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,447) | (6,192) | 1,372 | (5,399) | 1,802 | | Decrease in Inventories | 2,210 | (473) | 1,279 | (3,354) | 4,440 | | Decrease in Other Current Assets | (886) | (265) | 1,272 | (1,645) | 1,911 | | Increase in Payables | (6,785) | 4,581 | (782) | 3,595 | (2,334) | | Increase in Other Current Liabilities | - | 2,923 | - | - | 51 | | Decrease in Other Working Capital | 92 | - | - | - | - | | Other Non-Cash Items | 489 | 601 | - | - | - | | Net Cash from Continuing Operations | 4,629 | 7,819 | 5,568 | 4,460 | 15,222 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 4,629 | 7,819 | 5,568 | 4,460 | 15,222 | | | | Sale of Property, Plant, Equipment | - | - | 3,383 | - | - | | Sale of Short Term Investments | - | - | - | - | 4,283 | | | Purchase of Property, Plant, Equipment | (2,950) | (4,513) | (1,874) | - | (6,535) | | Acquisitions | - | - | (13,450) | (8,474) | - | | Purchase of Short Term Investments | - | (150) | - | - | (2,223) | | Other Investment Changes, Net | (5,000) | - | - | - | - | | Cash from Investing Activities | (7,950) | (4,663) | (11,941) | (8,474) | (4,475) | | | Issuance of Debt | 6,826 | 2,380 | 13,000 | - | 2,157 | | Issuance of Capital Stock | 710 | 463 | 522 | 2,680 | 475 | | | Repayment of Debt | (1,301) | (1,318) | (600) | (29) | (6,317) | | Repurchase of Capital Stock | - | (1,200) | (2,000) | - | - | | Payment of Cash Dividends | (4,573) | (4,564) | (4,052) | (3,376) | (2,567) | | Other Financing Charges, Net | 2,576 | - | - | - | (41) | | Cash from Financing Activities | 4,238 | (4,239) | 6,870 | (725) | (6,293) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 917 | (1,083) | 497 | (4,739) | 4,454 | | | Cash at Beginning of Year | 50 | 1,133 | 636 | 5,375 | 921 | | Cash at End of Period | 967 | 50 | 1,133 | 636 | 5,375 | | | |
