| Cash Flow for EDAP TMS S.A. (EDAP) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (7,929) | (4,528) | (1,260) | (1,556) | (11,285) | | Depreciation & Amortization | 1,893 | 1,659 | 1,423 | 1,421 | 1,236 | | Deferred Income Taxes | (235) | (120) | 99 | 345 | (284) | | Operating Losses | 594 | 323 | 206 | (1,784) | (244) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (2,335) | (1,585) | (1,743) | 27 | 3,867 | | Decrease in Inventories | (1,197) | 566 | (806) | 3,171 | 1,395 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 1,473 | 521 | 748 | (595) | (1,289) | | Increase in Other Current Liabilities | 1,032 | 416 | 522 | (2,552) | 2,061 | | Decrease in Other Working Capital | 406 | - | - | - | - | | Other Non-Cash Items | 2,313 | 705 | 426 | - | - | | Net Cash from Continuing Operations | (3,985) | (2,509) | (337) | (1,535) | (4,588) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (3,985) | (2,509) | (337) | (1,535) | (4,588) | | | | Sale of Property, Plant, Equipment | 1,986 | 1,264 | 417 | 1,441 | 327 | | Sale of Short Term Investments | - | - | - | - | 69 | | | Purchase of Property, Plant, Equipment | (816) | (331) | (469) | (335) | (503) | | Acquisitions | - | - | - | (24) | (34) | | Purchase of Short Term Investments | (85) | (1,361) | - | - | - | | Other Investment Changes, Net | (2,843) | (1,722) | (1,201) | (1,061) | (541) | | Cash from Investing Activities | (1,808) | (2,150) | (1,253) | 22 | (681) | | | Issuance of Debt | 17,759 | 738 | 780 | 420 | - | | Issuance of Capital Stock | 514 | - | - | - | - | | | Repayment of Debt | (1,008) | (808) | (557) | (532) | (841) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | 6,914 | - | - | - | | Cash from Financing Activities | 17,267 | 6,844 | 222 | (112) | (841) | | | | Effect of Exchange Rate Changes | (331) | (106) | 89 | 229 | (586) | | Net Change in Cash | 11,141 | 2,079 | (1,279) | (1,397) | (6,696) | | | Cash at Beginning of Year | 14,448 | 10,977 | 11,123 | 14,127 | 19,807 | | Cash at End of Period | 25,589 | 13,058 | 9,843 | 12,731 | 13,111 | | | |
