| Cash Flow for Design Within Reach Inc. (DWRI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 323 | (8,289) | (2,069) | 3,744 | 2,960 | | Depreciation & Amortization | 7,090 | 8,919 | 6,623 | 3,340 | 2,098 | | Deferred Income Taxes | 728 | (2,453) | (1,947) | - | (932) | | Operating Losses | 48 | 180 | 188 | - | - | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 1,458 | (946) | 86 | (724) | 441 | | Decrease in Inventories | (3,971) | (2,610) | (10,684) | (7,760) | (4,740) | | Decrease in Other Current Assets | - | - | - | (1,931) | (55) | | Increase in Payables | (2,742) | (376) | 4,623 | 7,786 | 1,737 | | Increase in Other Current Liabilities | 230 | 1,339 | (581) | 5,209 | (72) | | Decrease in Other Working Capital | 816 | 2,626 | 762 | - | - | | Other Non-Cash Items | 2,137 | 1,926 | - | (415) | - | | Net Cash from Continuing Operations | 5,062 | 509 | (1,803) | 8,552 | 1,389 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 5,062 | 509 | (1,803) | 8,552 | 1,389 | | | | Sale of Property, Plant, Equipment | 3 | 19 | - | - | - | | Sale of Short Term Investments | - | 24,925 | 32,400 | - | - | | | Purchase of Property, Plant, Equipment | (5,688) | (8,128) | (14,315) | (12,894) | (7,383) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | (15,275) | (16,497) | (5,578) | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (5,685) | 1,541 | 1,588 | (18,472) | (7,383) | | | Issuance of Debt | - | 1,068 | 121 | - | 3,325 | | Issuance of Capital Stock | 40 | 385 | 2,563 | 33,387 | 4,891 | | | Repayment of Debt | (561) | (136) | (116) | (2,370) | - | | Repurchase of Capital Stock | - | - | - | - | (6,765) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | (521) | 1,317 | 2,568 | 31,017 | 1,451 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (1,144) | 3,367 | 2,353 | 21,097 | (4,543) | | | Cash at Beginning of Year | 6,795 | 3,428 | 1,075 | 44 | 4,587 | | Cash at End of Period | 5,651 | 6,795 | 3,428 | 21,141 | 44 | | | |
