| Cash Flow for Delta Natural Gas Company Inc. (DGAS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Net Income | 6,830 | 5,298 | 5,025 | 4,999 | 3,838 | | Depreciation & Amortization | 4,660 | 5,158 | 4,550 | 4,534 | 4,658 | | Deferred Income Taxes | 2,095 | 2,345 | 1,814 | 2,571 | 1,906 | | Operating Losses | (236) | (206) | (74) | (36) | 682 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (5,016) | 1,747 | (1,374) | (1,778) | (205) | | Decrease in Inventories | (2,673) | (564) | 103 | (1,621) | (2,416) | | Decrease in Other Current Assets | (1,800) | (2,014) | (1,879) | (1,565) | 1,902 | | Increase in Payables | 1,921 | 3,836 | (668) | 141 | (3,273) | | Increase in Other Current Liabilities | 889 | (913) | (293) | 69 | 184 | | Decrease in Other Working Capital | (78) | (202) | (782) | 58 | - | | Other Non-Cash Items | - | - | - | - | - | | Net Cash from Continuing Operations | 6,593 | 14,486 | 6,423 | 7,372 | 7,276 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 6,593 | 14,486 | 6,423 | 7,372 | 7,276 | | | | Sale of Property, Plant, Equipment | 297 | 147 | 204 | 75 | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (5,564) | (8,083) | (7,781) | (5,338) | (8,959) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (5,266) | (7,936) | (7,577) | (5,263) | (8,959) | | | Issuance of Debt | 64,603 | 51,519 | 132,711 | 62,907 | 57,806 | | Issuance of Capital Stock | 477 | 504 | 676 | 766 | 808 | | | Repayment of Debt | (62,271) | (54,540) | (128,320) | (62,028) | (54,423) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (4,073) | (3,984) | (3,891) | (3,796) | (3,759) | | Other Financing Charges, Net | - | (11) | - | - | - | | Cash from Financing Activities | (1,264) | (6,512) | 1,177 | (2,150) | 432 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 62 | 38 | 23 | (41) | (1,251) | | | Cash at Beginning of Year | 188 | 150 | 128 | 169 | 1,420 | | Cash at End of Period | 250 | 188 | 150 | 128 | 169 | | | |
