| Cash Flow for Callidus Software Inc. (CALD) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (12,453) | (8,721) | (8,605) | (25,483) | 835 | | Depreciation & Amortization | 1,915 | 1,873 | 1,632 | 1,552 | 1,459 | | Deferred Income Taxes | (513) | - | - | - | - | | Operating Losses | 2 | 16 | 1,683 | 12,160 | 6,705 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (573) | (12,590) | (149) | 251 | (12,049) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | (900) | - | | Increase in Payables | 666 | 122 | (1,142) | (1,611) | 1,513 | | Increase in Other Current Liabilities | 310 | 3,845 | 8,792 | (3,234) | 3,811 | | Decrease in Other Working Capital | 2,308 | 212 | - | - | - | | Other Non-Cash Items | 4,472 | 5,391 | - | - | - | | Net Cash from Continuing Operations | (3,127) | (12,294) | 2,732 | (16,542) | 1,501 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (3,127) | (12,294) | 2,732 | (16,542) | 1,501 | | | | Sale of Property, Plant, Equipment | - | - | - | 431 | - | | Sale of Short Term Investments | 59,438 | 61,275 | 44,140 | 56,300 | 7,500 | | | Purchase of Property, Plant, Equipment | (4,606) | (1,970) | (1,082) | (4,298) | (2,161) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (46,730) | (61,983) | (32,169) | (46,309) | (31,413) | | Other Investment Changes, Net | 136 | 122 | (15) | - | (2,069) | | Cash from Investing Activities | 8,238 | (2,556) | 10,874 | 6,124 | (28,143) | | | Issuance of Debt | - | - | - | 83 | 16,147 | | Issuance of Capital Stock | 4,658 | 3,087 | 3,116 | 1,528 | 73,317 | | | Repayment of Debt | - | - | (519) | (694) | (19,690) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | 155 | | Cash from Financing Activities | 4,658 | 3,087 | 2,597 | 917 | 69,929 | | | | Effect of Exchange Rate Changes | (38) | 140 | (149) | 147 | 210 | | Net Change in Cash | 9,731 | (11,623) | 16,054 | (9,354) | 43,497 | | | Cash at Beginning of Year | 12,082 | 23,705 | 7,651 | 17,005 | 12,833 | | Cash at End of Period | 21,813 | 12,082 | 23,705 | 7,651 | 56,330 | | | |
