| Cash Flow for Devcon International Corp. (DEVC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (23,699) | (28,714) | (14,316) | 10,637 | (8,617) | | Depreciation & Amortization | 17,703 | 22,751 | 10,494 | 5,035 | 5,354 | | Deferred Income Taxes | (1,946) | (8,853) | (4,007) | 1,539 | (368) | | Operating Losses | 523 | (7,998) | 570 | (3,037) | 2,758 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 8,184 | 2,828 | (5,418) | (1,089) | (4,477) | | Decrease in Inventories | 232 | (727) | 1,598 | 534 | 976 | | Decrease in Other Current Assets | - | - | (1,396) | (2,428) | 402 | | Increase in Payables | (2,896) | (3,339) | 5,956 | 4,545 | (243) | | Increase in Other Current Liabilities | 902 | 1,601 | 291 | (1,801) | 5,217 | | Decrease in Other Working Capital | (828) | 2,759 | 1,036 | (1,708) | - | | Other Non-Cash Items | (1,266) | 13,296 | - | - | - | | Net Cash from Continuing Operations | (3,002) | (6,852) | (1,976) | 12,448 | 1,040 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (3,002) | (6,852) | (1,976) | 12,448 | 1,040 | | | | Sale of Property, Plant, Equipment | 2,050 | 2,447 | 10,830 | 209 | 412 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (2,138) | (4,135) | (9,632) | (9,762) | (2,949) | | Acquisitions | (463) | (56,833) | (91,623) | (3,848) | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (8) | 44 | 636 | 8,697 | 3,934 | | Cash from Investing Activities | 4,476 | (58,477) | (89,789) | (4,704) | 1,397 | | | Issuance of Debt | 5,800 | 83,469 | 61,970 | - | 56 | | Issuance of Capital Stock | 123 | 139 | 1,652 | 18,159 | 142 | | | Repayment of Debt | (590) | (13,598) | (1,917) | (403) | (57) | | Repurchase of Capital Stock | (8,572) | - | (234) | (136) | (1,563) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | (4,240) | - | - | - | | Cash from Financing Activities | (3,239) | 65,770 | 61,471 | 17,621 | (1,422) | | | | Effect of Exchange Rate Changes | (162) | (60) | - | (467) | 38 | | Net Change in Cash | (1,927) | 381 | (30,294) | 24,898 | 1,053 | | | Cash at Beginning of Year | 5,015 | 4,634 | 34,928 | 10,030 | 8,977 | | Cash at End of Period | 3,088 | 5,015 | 4,634 | 34,928 | 10,030 | | | |
