| Cash Flow for First Financial Holdings Inc. (FFCH) | | | | | | | Cash Flow | in Thousands of Dollars | | | 09/2007 | 09/2006 | 09/2005 | 09/2004 | 09/2003 | | | Net Income | 25,072 | 27,629 | 26,225 | 24,554 | 27,211 | | Provision for Loan Loss | 4,726 | 4,695 | 4,826 | 5,675 | 6,235 | | Depreciation & Amortization | 6,309 | 6,576 | 5,231 | 6,974 | 4,513 | | Deferred Income Taxes | (2,540) | (1,881) | 9,202 | (611) | 1,705 | | Change in Assets (Receivables) | (2,340) | 7,114 | (1,046) | (5,130) | (2,532) | | Change in Liabilities (Payables) | (3,867) | 5,733 | 7,485 | (2,835) | 529 | | Investment Securities Gain | (266) | (5) | 55 | (2,292) | (1,709) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (2,031) | (3,225) | (2,677) | (3,806) | (8,183) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 367 | 372 | (2,364) | (6,785) | 28,242 | | Net Cash from Operating Activities | 25,430 | 47,008 | 46,937 | 15,744 | 56,011 | | | | Proceeds from Sale/Mat. Inv. | 84,764 | 118,642 | 146,549 | 212,670 | 174,454 | | Purchase of Investment Securities | (78,536) | (73,424) | (145,311) | (246,661) | (351,606) | | Net Increase Fed. Funds Sold | (3,655) | (808) | (8,735) | (4,000) | (150) | | Purchase of Property & Equipment | (18,492) | (3,886) | (3,520) | (16,196) | (7,671) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (87,384) | (188,749) | (53,770) | (43,637) | 95,293 | | Net Cash from Investing Activities | (103,303) | (148,225) | (64,787) | (97,824) | (89,680) | | | Net Change in Deposits | 31,023 | 165,956 | 136,255 | 39,166 | 41,380 | | Cash Dividends paid | (11,941) | (11,540) | (11,300) | (10,990) | (9,780) | | Repayment of Long Term Debt | - | (5) | (207,400) | (24,205) | (2,832) | | Change in Short Term Debt | (68,755) | (60,082) | 128,837 | 58,452 | 21,000 | | Issuance of Long term Debt | 93,994 | 13,000 | - | 46,392 | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 3,121 | 2,913 | 3,168 | 3,360 | 2,240 | | Purchase of Treasury Stock | (16,963) | (7,534) | (10,697) | (12,961) | (20,971) | | Other Financing Activities | (270) | (72) | 256 | (347) | 271 | | Cash from Financing Activities | 30,209 | 102,636 | 39,119 | 98,867 | 31,308 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (47,664) | 1,419 | 21,269 | 16,787 | (2,361) | | | Cash at Beginning of Period | 124,998 | 123,579 | 102,310 | 85,523 | 87,884 | | Cash at End of Period | 77,334 | 124,998 | 123,579 | 102,310 | 85,523 | | | |
