| Cash Flow for DRDGOLD Ltd. (DROOY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2007 | 06/2006 | 06/2005 | 06/2004 | 06/2003 | | | Net Income | (132,842) | (23,831) | (70,317) | (55,750) | 11,374 | | Depreciation & Amortization | 24,692 | 24,776 | 16,946 | 30,135 | 10,759 | | Deferred Income Taxes | (199) | 1,674 | - | 6,842 | 41,766 | | Operating Losses | (36,380) | (7,190) | 58,649 | (7,298) | (64,037) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 3,399 | (5,507) | 5,222 | 7,114 | (19,224) | | Decrease in Inventories | 5,769 | (1,345) | 442 | 5,014 | 97 | | Decrease in Other Current Assets | - | - | - | (1,000) | - | | Increase in Payables | 2,749 | (709) | (10,594) | (13,462) | (4,683) | | Increase in Other Current Liabilities | 6,473 | 1,195 | - | 3,313 | - | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 122,817 | 9,819 | (16,782) | - | - | | Net Cash from Continuing Operations | (2,963) | 428 | (15,313) | (25,092) | (23,878) | | Net Cash from Discontinued Operations | - | (2,850) | - | - | - | | Cash from Operating Activities | (2,963) | (2,422) | (15,313) | (25,092) | (23,878) | | | | Sale of Property, Plant, Equipment | 136 | 1,114 | 2,040 | 3,397 | 12,508 | | Sale of Short Term Investments | - | - | - | 63 | 196 | | | Purchase of Property, Plant, Equipment | (38,834) | (40,957) | (23,266) | (26,917) | (13,414) | | Acquisitions | (77) | 10,581 | (7,096) | (59,789) | - | | Purchase of Short Term Investments | - | - | (1,203) | (10,828) | (9,108) | | Other Investment Changes, Net | 523 | 60 | (6,446) | - | - | | Cash from Investing Activities | (40,407) | (30,345) | (35,971) | (94,074) | (9,818) | | | Issuance of Debt | 31,780 | 48,591 | - | - | 66,970 | | Issuance of Capital Stock | 43,715 | 31,631 | 63,461 | 108,665 | 9,027 | | | Repayment of Debt | (71,763) | (14,154) | - | (19,047) | (20,335) | | Repurchase of Capital Stock | - | - | (4,085) | (992) | (213) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 11,258 | (13,424) | 5,830 | - | - | | Cash from Financing Activities | 14,990 | 52,644 | 65,206 | 88,626 | 55,449 | | | | Effect of Exchange Rate Changes | (7,178) | (1,050) | 1,511 | 8,570 | (1,182) | | Net Change in Cash | (35,558) | 18,827 | 15,434 | (21,970) | 20,571 | | | Cash at Beginning of Year | 54,912 | 36,085 | 19,465 | 44,423 | 23,852 | | Cash at End of Period | 19,354 | 54,912 | 34,899 | 22,453 | 44,423 | | | |
