| Cash Flow for EMVELCO Corp. (EMVL) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (10,900) | 6,913 | 1,680 | (734) | (1,576) | | Depreciation & Amortization | 89 | 14 | 509 | 2,611 | 887 | | Deferred Income Taxes | (90) | - | - | - | - | | Operating Losses | (8) | (14,647) | 145 | 318 | 771 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 420 | (450) | 215 | (705) | (620) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 3,223 | (346) | 986 | 339 | 534 | | Increase in Other Current Liabilities | - | - | 114 | (236) | 310 | | Decrease in Other Working Capital | (1,947) | - | - | - | - | | Other Non-Cash Items | 8,775 | (1,156) | - | - | - | | Net Cash from Continuing Operations | 88 | (9,733) | 4,190 | 2,178 | 308 | | Net Cash from Discontinued Operations | - | 6,935 | - | - | - | | Cash from Operating Activities | 88 | (2,798) | 4,190 | 2,178 | 308 | | | | Sale of Property, Plant, Equipment | - | - | 2,700 | 500 | - | | Sale of Short Term Investments | - | - | - | 11,464 | 799 | | | Purchase of Property, Plant, Equipment | - | - | (2,582) | (1,702) | (758) | | Acquisitions | 5,821 | 21,838 | (9,009) | (9,034) | (180) | | Purchase of Short Term Investments | (560) | (8,000) | - | - | - | | Other Investment Changes, Net | (9,143) | (11,275) | - | 174 | 60 | | Cash from Investing Activities | (3,832) | 2,139 | (8,890) | 1,402 | (79) | | | Issuance of Debt | 5,401 | 3,000 | - | - | - | | Issuance of Capital Stock | - | - | - | - | - | | | Repayment of Debt | (1,972) | - | (246) | (2,281) | (330) | | Repurchase of Capital Stock | (289) | (995) | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (1,878) | - | - | - | - | | Cash from Financing Activities | 1,262 | 1,951 | 3,964 | (2,281) | (330) | | | | Effect of Exchange Rate Changes | - | - | (75) | 234 | (56) | | Net Change in Cash | (2,483) | 1,292 | (811) | 1,533 | (157) | | | Cash at Beginning of Year | 2,853 | 1,561 | 2,380 | 3,005 | 2,099 | | Cash at End of Period | 370 | 2,853 | 1,569 | 4,538 | 1,942 | | | |
