| Cash Flow for Cell Genesys Inc. (CEGE) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (99,274) | (82,929) | (64,939) | (97,411) | (56,406) | | Depreciation & Amortization | 14,356 | 14,521 | 16,204 | 16,773 | 12,159 | | Deferred Income Taxes | - | 26,815 | 3,271 | - | - | | Operating Losses | (1,306) | (62,675) | (54,733) | (12,074) | (11,923) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | - | - | - | - | 15,000 | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 1,908 | 458 | (986) | 411 | (1,413) | | Increase in Other Current Liabilities | 16,986 | 6,186 | (4,940) | (6,015) | (4,774) | | Decrease in Other Working Capital | (29,214) | - | - | - | - | | Other Non-Cash Items | 6,528 | 6,123 | - | 3,745 | - | | Net Cash from Continuing Operations | (89,726) | (91,679) | (106,223) | (93,783) | (46,721) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (89,726) | (91,679) | (106,223) | (93,783) | (46,721) | | | | Sale of Property, Plant, Equipment | 2,207 | 138 | 3,255 | 67 | 65 | | Sale of Short Term Investments | 269,853 | 128,346 | 100,035 | 260,204 | 255,847 | | | Purchase of Property, Plant, Equipment | (4,542) | (2,046) | (2,189) | (5,087) | (27,658) | | Acquisitions | - | 65,425 | - | - | - | | Purchase of Short Term Investments | (262,904) | (183,511) | (109,363) | (227,651) | (265,905) | | Other Investment Changes, Net | - | 4 | 58,506 | 12,397 | - | | Cash from Investing Activities | 4,613 | 8,356 | 101,310 | 39,930 | (37,651) | | | Issuance of Debt | 55,423 | - | - | 139,912 | 35,237 | | Issuance of Capital Stock | 31,055 | 26,219 | 1,596 | 59,088 | 20,249 | | | Repayment of Debt | (1,475) | (1,193) | (786) | (96,690) | (272) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | 27,851 | - | - | (47) | | Cash from Financing Activities | 85,003 | 52,877 | 810 | 102,310 | 55,167 | | | | Effect of Exchange Rate Changes | 6 | - | - | - | - | | Net Change in Cash | (104) | (30,446) | (4,103) | 48,457 | (29,205) | | | Cash at Beginning of Year | 23,692 | 54,138 | 58,324 | 9,867 | 39,072 | | Cash at End of Period | 23,588 | 23,692 | 54,221 | 58,324 | 9,867 | | | |
