| Cash Flow for Eagle Bulk Shipping Inc. (EGLE) | | | | After Hours: $ 7.00 |  0.19 (+2.79%) | Volume: 1.1 k | 7:30 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Net Income | 52,244 | 33,802 | 6,653 | | Depreciation & Amortization | 30,418 | 25,453 | 11,408 | | Deferred Income Taxes | - | - | - | | Operating Losses | (873) | - | 1,124 | | Extraordinary Losses | - | - | - | | | Decrease in Receivables | (2,776) | (335) | (281) | | Decrease in Inventories | - | - | - | | Decrease in Other Current Assets | (137) | (508) | - | | Increase in Payables | 1,971 | (469) | 1,621 | | Increase in Other Current Liabilities | 1,410 | 1,847 | (5,644) | | Decrease in Other Working Capital | (3,625) | (2,325) | - | | Other Non-Cash Items | 4,257 | 13,070 | 11,735 | | Net Cash from Continuing Operations | 82,889 | 70,535 | 26,616 | | Net Cash from Discontinued Operations | - | - | - | | Cash from Operating Activities | 82,889 | 70,535 | 26,616 | | | | Sale of Property, Plant, Equipment | 12,011 | - | - | | Sale of Short Term Investments | - | - | - | | | Purchase of Property, Plant, Equipment | (139,033) | (105,592) | (427,966) | | Acquisitions | - | - | - | | Purchase of Short Term Investments | - | - | - | | Other Investment Changes, Net | (319,229) | (25,168) | - | | Cash from Investing Activities | (446,251) | (130,759) | (427,966) | | | Issuance of Debt | 369,708 | 99,975 | 373,180 | | Issuance of Capital Stock | 239,848 | 33,000 | 288,600 | | | Repayment of Debt | (12,440) | - | (233,180) | | Repurchase of Capital Stock | - | - | - | | Payment of Cash Dividends | (82,135) | (71,730) | (14,661) | | Other Financing Charges, Net | (20,992) | (3,272) | 11,938 | | Cash from Financing Activities | 493,989 | 57,973 | 425,877 | | | | Effect of Exchange Rate Changes | - | - | - | | Net Change in Cash | 130,628 | (2,251) | 24,527 | | | Cash at Beginning of Year | 22,275 | 24,527 | - | | Cash at End of Period | 152,904 | 22,275 | 24,527 | | | |
