| Cash Flow for Discovery Laboratories Inc. (DSCO) | | | | After Hours: $ 1.19 |  0.01 (+0.85%) | Volume: 100 | 4:09 PM EST Jan 7, 2009 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (40,005) | (46,333) | (58,904) | (46,203) | (24,280) | | Depreciation & Amortization | 2,062 | 1,058 | 788 | 816 | 416 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | 18 | 48 | 633 | 8,915 | 164 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | - | - | - | - | - | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | 11 | (23) | 103 | | Increase in Payables | 1,891 | (1,587) | (429) | 3,759 | 1,197 | | Increase in Other Current Liabilities | - | - | 105 | - | - | | Decrease in Other Working Capital | 1,115 | 667 | - | - | - | | Other Non-Cash Items | 5,613 | 6,326 | - | - | (721) | | Net Cash from Continuing Operations | (29,395) | (39,826) | (57,668) | (33,342) | (23,461) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (29,395) | (39,826) | (57,668) | (33,342) | (23,461) | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 22,319 | 7,884 | 32,834 | 15,465 | 10,873 | | | Purchase of Property, Plant, Equipment | (3,765) | (1,448) | (1,063) | (2,207) | (606) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (38,355) | (4,631) | (33,340) | (18,483) | (284) | | Other Investment Changes, Net | - | (182) | 2 | (644) | 2 | | Cash from Investing Activities | (19,801) | 1,623 | (1,567) | (5,869) | 9,985 | | | Issuance of Debt | 61,671 | 17,549 | 77,914 | 41,332 | - | | Issuance of Capital Stock | - | - | - | - | - | | | Repayment of Debt | (1,948) | (1,692) | (933) | (514) | (259) | | Repurchase of Capital Stock | - | - | - | (1,765) | (1,050) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | 1,509 | - | - | 35,707 | | Cash from Financing Activities | 59,723 | 17,366 | 76,981 | 39,053 | 34,398 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 10,527 | (20,837) | 17,746 | (158) | 20,922 | | | Cash at Beginning of Year | 26,402 | 47,010 | 29,264 | 29,422 | 8,500 | | Cash at End of Period | 36,929 | 26,173 | 47,010 | 29,264 | 29,422 | | | |
