| Cash Flow for Draxis Health Inc. (DRAX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 1,658 | 11,547 | 7,784 | 6,648 | 4,671 | | Depreciation & Amortization | 5,841 | 5,135 | 4,545 | 3,714 | 3,287 | | Deferred Income Taxes | (1,316) | 3,227 | 765 | 268 | 39 | | Operating Losses | 1,961 | 380 | 427 | 727 | 520 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 4,324 | (4,615) | (1,903) | (2,427) | (285) | | Decrease in Inventories | (692) | 44 | 2,786 | (2,692) | (93) | | Decrease in Other Current Assets | - | - | - | - | (803) | | Increase in Payables | (233) | 2,280 | (1,758) | 2,290 | (3,597) | | Increase in Other Current Liabilities | (76) | (176) | 385 | 53 | - | | Decrease in Other Working Capital | 744 | 682 | 252 | - | - | | Other Non-Cash Items | 819 | 968 | - | - | - | | Net Cash from Continuing Operations | 12,551 | 16,450 | 9,319 | 3,661 | (3,221) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 12,551 | 16,450 | 9,319 | 3,661 | (3,221) | | | | Sale of Property, Plant, Equipment | - | 22 | - | 94 | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (10,525) | (6,015) | (4,804) | (4,001) | (3,536) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (2,869) | - | 424 | 177 | 43 | | Cash from Investing Activities | (13,394) | (5,993) | (4,380) | (3,730) | (3,493) | | | Issuance of Debt | - | - | - | 4,138 | 5,889 | | Issuance of Capital Stock | 2,058 | 1,934 | 1,628 | 12,483 | 958 | | | Repayment of Debt | - | - | - | (12,924) | (8,940) | | Repurchase of Capital Stock | (686) | (3,277) | (331) | (7,965) | (205) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,526 | (73) | (2) | 450 | (2,044) | | Cash from Financing Activities | 2,898 | (1,416) | 1,295 | (3,894) | (4,342) | | | | Effect of Exchange Rate Changes | 1,295 | 15 | 230 | 99 | 597 | | Net Change in Cash | 3,350 | 9,056 | 6,464 | (3,864) | (10,459) | | | Cash at Beginning of Year | 21,446 | 12,390 | 5,926 | 8,803 | 16,123 | | Cash at End of Period | 24,796 | 21,446 | 12,390 | 4,939 | 5,664 | | | |
