| Cash Flow for CE Franklin Ltd (CFK) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 13,661 | 19,691 | 16,221 | 5,119 | 327 | | Depreciation & Amortization | - | - | - | - | - | | Deferred Income Taxes | (245) | (107) | (1,419) | (668) | (751) | | Operating Losses | - | (31) | 289 | 1,482 | 550 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 5,672 | 7,707 | (25,741) | (17,276) | (6,637) | | Decrease in Inventories | 13,064 | (15,480) | (14,716) | (15,305) | (7,041) | | Decrease in Other Current Assets | 80 | 28 | (2,103) | 279 | (231) | | Increase in Payables | (25,388) | 5,732 | 167 | 1,154 | 9,179 | | Increase in Other Current Liabilities | (1,679) | (10,200) | 12,025 | 10,953 | 4,771 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 1,937 | 1,929 | - | - | - | | Net Cash from Continuing Operations | 9,916 | 11,687 | (11,500) | (10,655) | 3,578 | | Net Cash from Discontinued Operations | - | - | - | (22) | - | | Cash from Operating Activities | 9,916 | 11,687 | (11,500) | (10,677) | 3,578 | | | | Sale of Property, Plant, Equipment | - | 34 | 26 | 843 | 618 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (1,969) | (2,655) | (505) | (718) | (467) | | Acquisitions | (18,087) | (1,943) | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | (300) | - | - | (233) | | Cash from Investing Activities | (20,056) | (4,864) | (479) | 123 | (82) | | | Issuance of Debt | 10,364 | - | 10,097 | 2,310 | 1,450 | | Issuance of Capital Stock | 583 | 1,428 | 2,107 | 56 | - | | | Repayment of Debt | (479) | (8,001) | (224) | (273) | (1,157) | | Repurchase of Capital Stock | (327) | (250) | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | 4,392 | - | | Cash from Financing Activities | 10,140 | (6,823) | 11,979 | 6,486 | 293 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | - | - | - | (4,068) | 3,789 | | | Cash at Beginning of Year | - | - | - | 4,068 | - | | Cash at End of Period | - | - | - | - | 3,789 | | | |
