| Cash Flow for Educational Development Corp. (EDUC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Net Income | 2,324 | 2,407 | 2,398 | 2,406 | 2,373 | | Depreciation & Amortization | 139 | 144 | 138 | 126 | 168 | | Deferred Income Taxes | 27 | (44) | (82) | (29) | 45 | | Operating Losses | - | - | 1,323 | 1,216 | 1,098 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,286) | (1,635) | (1,774) | (1,526) | (1,052) | | Decrease in Inventories | 569 | (308) | (66) | 1,894 | (2,611) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (773) | 480 | (614) | (55) | (1,210) | | Increase in Other Current Liabilities | - | (72) | 72 | - | (160) | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 1,527 | 1,483 | - | - | - | | Net Cash from Continuing Operations | 2,512 | 2,479 | 1,380 | 4,075 | (1,371) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 2,512 | 2,479 | 1,380 | 4,075 | (1,371) | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (137) | (35) | (229) | (483) | (236) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (137) | (35) | (229) | (483) | (236) | | | Issuance of Debt | - | 3,295 | 14,239 | 13,235 | 8,192 | | Issuance of Capital Stock | 142 | 167 | 185 | 1,065 | 1,010 | | | Repayment of Debt | - | (3,971) | (14,991) | (12,201) | (7,798) | | Repurchase of Capital Stock | (505) | (261) | (77) | (5,103) | (576) | | Payment of Cash Dividends | (826) | (751) | (561) | (484) | (394) | | Other Financing Charges, Net | - | 9 | 12 | - | - | | Cash from Financing Activities | (1,189) | (1,511) | (1,193) | (3,488) | 434 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 1,186 | 933 | (42) | 104 | (1,172) | | | Cash at Beginning of Year | 1,254 | 322 | 364 | 261 | 1,433 | | Cash at End of Period | 2,440 | 1,254 | 322 | 364 | 261 | | | |
