| Cash Flow for Elizabeth Arden Inc. (RDEN) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Net Income | 19,901 | 37,334 | 32,794 | 37,604 | (31,843) | | Depreciation & Amortization | 24,768 | 24,518 | 22,109 | 21,505 | 8,701 | | Deferred Income Taxes | (5,033) | 2,136 | 7,565 | 10,685 | (15,126) | | Operating Losses | - | - | 758 | 4,551 | 4,564 | | Extraordinary Losses | - | - | - | - | N/A | | | Decrease in Receivables | (2,474) | (35,556) | (30,828) | (47,659) | 35,074 | | Decrease in Inventories | (28,331) | (44,945) | 13,864 | (14,705) | (65,256) | | Decrease in Other Current Assets | - | - | - | - | N/A | | Increase in Payables | (7,927) | 44,360 | 26,458 | 1,737 | 21,842 | | Increase in Other Current Liabilities | 881 | 20,547 | (14,160) | 16,266 | (6,237) | | Decrease in Other Working Capital | 491 | 2,120 | (283) | 458 | N/A | | Other Non-Cash Items | - | - | 139 | - | N/A | | Net Cash from Continuing Operations | 8,037 | 58,816 | 65,276 | 35,549 | (46,591) | | Net Cash from Discontinued Operations | - | - | - | - | N/A | | Cash from Operating Activities | 8,037 | 58,816 | 65,276 | 35,549 | (46,591) | | | | Sale of Property, Plant, Equipment | - | - | 9,945 | - | 20 | | Sale of Short Term Investments | - | - | - | - | N/A | | | Purchase of Property, Plant, Equipment | (28,588) | (110,518) | (34,280) | (15,408) | (4,158) | | Acquisitions | - | - | - | - | N/A | | Purchase of Short Term Investments | - | - | - | - | N/A | | Other Investment Changes, Net | - | - | - | (2,100) | N/A | | Cash from Investing Activities | (28,588) | (110,518) | (24,335) | (17,508) | (4,138) | | | Issuance of Debt | 21,360 | 57,640 | - | - | 65,900 | | Issuance of Capital Stock | 4,097 | 4,558 | 4,776 | 7,250 | 8,896 | | | Repayment of Debt | (1,227) | (538) | (17,021) | (22,964) | (89,441) | | Repurchase of Capital Stock | (7,439) | (8,540) | (25,339) | - | (435) | | Payment of Cash Dividends | - | - | - | - | N/A | | Other Financing Charges, Net | - | - | - | (71) | N/A | | Cash from Financing Activities | 16,791 | 53,120 | (37,584) | (15,785) | (15,080) | | | | Effect of Exchange Rate Changes | (131) | 403 | (207) | (434) | 216 | | Net Change in Cash | (3,891) | 1,821 | 3,150 | 1,822 | (65,593) | | | Cash at Beginning of Year | 30,287 | 28,466 | 25,316 | 23,494 | 89,087 | | Cash at End of Period | 26,396 | 30,287 | 28,466 | 25,316 | 23,494 | | | |
