| Cash Flow for eLoyalty Corp. (ELOY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (18,738) | (11,148) | (7,630) | (5,867) | (18,271) | | Depreciation & Amortization | 3,609 | 2,465 | 5,683 | 8,357 | 8,297 | | Deferred Income Taxes | (129) | - | - | - | - | | Operating Losses | - | - | 2,616 | - | 557 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 1,466 | (1,977) | 344 | (2,993) | 4,117 | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | (2,301) | 47 | (136) | | Increase in Payables | (1,271) | 2,266 | - | (1,409) | 1,147 | | Increase in Other Current Liabilities | 8,290 | 6,344 | (224) | 361 | (5,275) | | Decrease in Other Working Capital | 1,072 | 342 | - | - | - | | Other Non-Cash Items | 10,616 | 4,018 | - | - | - | | Net Cash from Continuing Operations | 1,382 | (3,004) | (2,001) | (2,930) | (9,564) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 1,382 | (3,004) | (2,001) | (2,930) | (9,564) | | | | Sale of Property, Plant, Equipment | - | - | 7 | - | - | | Sale of Short Term Investments | - | 4,000 | 3,772 | - | - | | | Purchase of Property, Plant, Equipment | (4,520) | (3,979) | (1,509) | (475) | (1,209) | | Acquisitions | - | - | - | (5,587) | - | | Purchase of Short Term Investments | - | - | (797) | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (4,520) | 21 | 1,473 | (6,062) | (1,209) | | | Issuance of Debt | - | - | - | - | 34,480 | | Issuance of Capital Stock | 422 | 67 | - | 1 | - | | | Repayment of Debt | (27) | - | - | - | (34,400) | | Repurchase of Capital Stock | (3,637) | - | - | - | - | | Payment of Cash Dividends | (1,468) | (1,464) | (1,480) | (1,483) | (1,543) | | Other Financing Charges, Net | (2,148) | 17,995 | 174 | 201 | - | | Cash from Financing Activities | (6,858) | 16,598 | (1,306) | (1,281) | (1,463) | | | | Effect of Exchange Rate Changes | (237) | 179 | (410) | 390 | 310 | | Net Change in Cash | (10,233) | 13,794 | (2,244) | (9,883) | (11,926) | | | Cash at Beginning of Year | 31,645 | 17,851 | 20,095 | 36,953 | 48,879 | | Cash at End of Period | 21,412 | 31,645 | 17,851 | 27,070 | 36,953 | | | |
