| Cash Flow for Calumet Specialty Products Partners L.P. Common Units (CLMT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 82,874 | 93,882 | 11,328 | 8,970 | | Depreciation & Amortization | 14,585 | 11,760 | 9,920 | 6,224 | | Deferred Income Taxes | - | - | - | - | | Operating Losses | - | 91 | 6,889 | 4,504 | | Extraordinary Losses | - | - | - | - | | | Decrease in Receivables | (15,038) | 16,031 | (56,878) | (19,399) | | Decrease in Inventories | 3,321 | (2,554) | (25,441) | (20,304) | | Decrease in Other Current Assets | 5,358 | (6,253) | (10,465) | 1,922 | | Increase in Payables | 89,225 | 33,993 | (13,268) | 25,764 | | Increase in Other Current Liabilities | (4,149) | 3,083 | 36,975 | 68 | | Decrease in Other Working Capital | (6,510) | 4,242 | - | (592) | | Other Non-Cash Items | 751 | 3,139 | - | - | | Net Cash from Continuing Operations | 167,546 | 166,768 | (34,001) | (612) | | Net Cash from Discontinued Operations | - | - | - | - | | Cash from Operating Activities | 167,546 | 166,768 | (34,001) | (612) | | | | Sale of Property, Plant, Equipment | 140 | 261 | 60 | 103 | | Sale of Short Term Investments | - | - | - | - | | | Purchase of Property, Plant, Equipment | (261,015) | (76,064) | (12,963) | (43,033) | | Acquisitions | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | | Cash from Investing Activities | (260,875) | (75,803) | (12,903) | (42,930) | | | Issuance of Debt | 303,380 | 335,069 | 1,961,939 | 680,350 | | Issuance of Capital Stock | 98,206 | 242,222 | - | - | | | Repayment of Debt | (316,730) | (553,554) | (1,908,023) | (613,133) | | Repurchase of Capital Stock | - | (69) | - | - | | Payment of Cash Dividends | (77,045) | (38,286) | - | - | | Other Financing Charges, Net | 4,598 | (7,565) | (12,926) | (5,656) | | Cash from Financing Activities | 12,409 | (22,183) | 40,990 | 61,561 | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash | (80,920) | 68,782 | (5,914) | 18,019 | | | Cash at Beginning of Year | 80,955 | 12,173 | 18,087 | 68 | | Cash at End of Period | 35 | 80,955 | 12,173 | 18,087 | | | |
