| Cash Flow for First Advantage Corp. (FADV) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 138,107 | 66,161 | 58,426 | 10,681 | 2,803 | | Depreciation & Amortization | 42,118 | 39,152 | 27,605 | 12,542 | 8,428 | | Deferred Income Taxes | (4,996) | 6,188 | (1,837) | - | - | | Operating Losses | (99,142) | (5,978) | (10,413) | - | 1,739 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (19,261) | (29,914) | (12,346) | (9,468) | (1,851) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | 18,165 | 8,824 | 1,291 | | Increase in Payables | 602 | 1,978 | (6,162) | 4,236 | (7,167) | | Increase in Other Current Liabilities | 9,072 | (3,738) | 1,457 | (3,506) | (3,447) | | Decrease in Other Working Capital | 67,796 | 5,931 | - | - | - | | Other Non-Cash Items | 21,754 | 16,506 | - | - | - | | Net Cash from Continuing Operations | 155,036 | 93,304 | 72,306 | 23,964 | 1,791 | | Net Cash from Discontinued Operations | (20,440) | - | - | - | - | | Cash from Operating Activities | 134,596 | 93,304 | 72,306 | 23,964 | 1,791 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (40,351) | (33,231) | (19,102) | (6,751) | (1,867) | | Acquisitions | (33,772) | (30,897) | (153,605) | (58,455) | (10,930) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | 18,626 | 2,244 | (189) | | Cash from Investing Activities | 78,260 | (64,128) | (154,081) | (62,962) | (12,986) | | | Issuance of Debt | 50,222 | 71,516 | 180,081 | 72,000 | 9,000 | | Issuance of Capital Stock | 3,760 | 2,463 | 7,603 | 3,704 | 348 | | | Repayment of Debt | (222,020) | (96,963) | (106,870) | (34,768) | (4,299) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (3,930) | - | - | - | - | | Other Financing Charges, Net | 4,085 | (2,613) | 19,343 | - | 5,269 | | Cash from Financing Activities | (167,883) | (25,597) | 100,157 | 40,936 | 10,318 | | | | Effect of Exchange Rate Changes | 65 | (18) | 2 | 62 | - | | Net Change in Cash | 45,038 | 3,561 | 18,384 | 2,000 | (877) | | | Cash at Beginning of Year | 31,562 | 28,380 | 9,996 | 5,637 | 6,514 | | Cash at End of Period | 76,600 | 31,941 | 28,380 | 7,637 | 5,637 | | | |
