| Cash Flow for EMC Corp. (EMC) | | | | After Hours: $ 10.10 |  -0.02 (-0.20%) | Volume: 178.56 k | 6:52 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 1,666 | 1,224 | 1,133 | 871 | 496 | | Depreciation & Amortization | 917 | 764 | 640 | 616 | 521 | | Deferred Income Taxes | (68) | (132) | (3) | 242 | (19) | | Operating Losses | (129) | 27 | 126 | 74 | 68 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (576) | (232) | (222) | (209) | 42 | | Decrease in Inventories | 14 | (70) | (180) | 21 | (46) | | Decrease in Other Current Assets | - | - | (65) | (21) | (26) | | Increase in Payables | 155 | 60 | 12 | 109 | (32) | | Increase in Other Current Liabilities | 36 | (164) | 693 | 339 | 504 | | Decrease in Other Working Capital | 825 | 195 | - | - | - | | Other Non-Cash Items | 288 | 468 | - | - | - | | Net Cash from Continuing Operations | 3,127 | 2,140 | 2,216 | 2,102 | 1,521 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 3,127 | 2,140 | 2,216 | 2,102 | 1,521 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 6,527 | 7,865 | 12,984 | 7,534 | 5,337 | | | Purchase of Property, Plant, Equipment | (931) | (911) | (601) | (371) | (369) | | Acquisitions | (692) | (2,618) | (684) | (590) | 324 | | Purchase of Short Term Investments | (6,205) | (6,612) | (12,116) | (8,392) | - | | Other Investment Changes, Net | 138 | (21) | (195) | (245) | (175) | | Cash from Investing Activities | (1,163) | (2,297) | (612) | (2,065) | (1,313) | | | Issuance of Debt | 20 | 5,654 | 0 | 0 | 5 | | Issuance of Capital Stock | 2,039 | 649 | 263 | 230 | 113 | | | Repayment of Debt | (17) | (2,332) | (4) | (8) | (30) | | Repurchase of Capital Stock | (1,454) | (4,324) | (1,003) | (546) | (127) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 92 | (39) | - | - | - | | Cash from Financing Activities | 679 | (392) | (744) | (324) | (40) | | | | Effect of Exchange Rate Changes | 11 | 54 | (15) | 10 | 15 | | Net Change in Cash | 2,654 | (494) | 846 | (276) | 183 | | | Cash at Beginning of Year | 1,828 | 2,322 | 1,477 | 1,753 | 1,687 | | Cash at End of Period | 4,482 | 1,828 | 2,322 | 1,477 | 1,869 | | | |
