| Cash Flow for Composite Technology Corp. (CPTC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Net Income | (44,483) | (28,523) | (40,163) | (14,324) | (6,751) | | Depreciation & Amortization | 3,143 | 1,352 | 559 | 153 | 19 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | (168) | 1,957 | 26,077 | 7,096 | 4,843 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,546) | 493 | (55) | (2,502) | - | | Decrease in Inventories | (17,932) | (209) | (672) | (789) | - | | Decrease in Other Current Assets | - | - | 9,705 | (416) | - | | Increase in Payables | 11,397 | 676 | 229 | 905 | (497) | | Increase in Other Current Liabilities | 16,994 | 6,544 | 1,899 | 959 | 190 | | Decrease in Other Working Capital | 851 | (4) | - | - | - | | Other Non-Cash Items | 9,669 | 10,002 | - | - | - | | Net Cash from Continuing Operations | (21,840) | (6,264) | (2,439) | (9,023) | (2,023) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (21,840) | (6,264) | (2,439) | (9,023) | (2,023) | | | | Sale of Property, Plant, Equipment | - | - | 211 | 500 | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (5,432) | (527) | (1,833) | (846) | (199) | | Acquisitions | - | 926 | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (402) | - | - | - | - | | Cash from Investing Activities | (5,834) | 399 | (1,622) | (346) | (199) | | | Issuance of Debt | 21,456 | 9,500 | - | 15,000 | 30 | | Issuance of Capital Stock | 26,647 | 699 | 2,281 | 6,465 | 3,375 | | | Repayment of Debt | (289) | (2,625) | (342) | (66) | - | | Repurchase of Capital Stock | - | - | - | - | (67) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (62) | 62 | - | (220) | - | | Cash from Financing Activities | 47,752 | 7,635 | 1,939 | 21,179 | 3,338 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 20,078 | 1,771 | (2,123) | 11,810 | 1,117 | | | Cash at Beginning of Year | 2,578 | 808 | 2,931 | 1,130 | 14 | | Cash at End of Period | 22,657 | 2,578 | 808 | 12,941 | 1,130 | | | |
