| Cash Flow for FiberTower Corp. (FTWR) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (272,147) | (57,278) | (11,326) | (14,528) | (4,180) | | Depreciation & Amortization | 18,459 | 9,077 | 105 | 6 | 9 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | 746 | 116 | 2,946 | 12,881 | 3,060 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (780) | (1,999) | - | - | - | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (4,367) | (2,628) | - | 373 | (605) | | Increase in Other Current Liabilities | 1,352 | 9,470 | 12 | - | 10 | | Decrease in Other Working Capital | (284) | (703) | - | - | - | | Other Non-Cash Items | 185,159 | 7,975 | - | - | - | | Net Cash from Continuing Operations | (68,924) | (36,321) | (8,263) | (1,508) | (1,706) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (68,924) | (36,321) | (8,263) | (1,508) | (1,706) | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 91,191 | 17,379 | - | - | - | | | Purchase of Property, Plant, Equipment | (105,277) | (94,670) | (22,569) | (24) | (2) | | Acquisitions | - | 36,732 | (179) | - | - | | Purchase of Short Term Investments | (75,603) | (83,732) | - | - | - | | Other Investment Changes, Net | 35,000 | - | 1,535 | (956) | - | | Cash from Investing Activities | (54,689) | (124,291) | (21,213) | (980) | (2) | | | Issuance of Debt | - | 392,190 | - | - | - | | Issuance of Capital Stock | 1,769 | 660 | 91 | 93,345 | 7 | | | Repayment of Debt | - | - | - | (14,058) | - | | Repurchase of Capital Stock | - | - | (332) | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | 1,769 | 392,850 | (241) | 79,287 | 7 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (121,844) | 232,238 | (29,717) | 76,799 | (1,701) | | | Cash at Beginning of Year | 345,174 | 112,936 | 80,398 | 3,599 | 5,300 | | Cash at End of Period | 223,330 | 345,174 | 50,681 | 80,398 | 3,599 | | | |
