| Cash Flow for First Franklin Corp. (FFHS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 456 | 1,357 | 1,240 | 673 | 1,440 | | Provision for Loan Loss | 300 | 452 | 271 | 417 | 236 | | Depreciation & Amortization | 448 | 600 | 418 | 401 | 457 | | Deferred Income Taxes | (23) | 268 | 55 | (93) | (13) | | Change in Assets (Receivables) | 849 | 77 | 82 | (249) | (206) | | Change in Liabilities (Payables) | 284 | (202) | (80) | 220 | (162) | | Investment Securities Gain | (12) | (1,274) | (648) | (135) | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (125) | (64) | (731) | (132) | (935) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (235) | (379) | 161 | (465) | 3,191 | | Net Cash from Operating Activities | 1,944 | 834 | 768 | 637 | 4,008 | | | | Proceeds from Sale/Mat. Inv. | 6,887 | 5,846 | 67,062 | 21,636 | 51,235 | | Purchase of Investment Securities | - | - | (2,000) | (12,657) | (1,504) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (27) | (168) | (568) | (550) | (922) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | 4,209 | (37,990) | (91,984) | (1,089) | (55,994) | | Net Cash from Investing Activities | 11,070 | (32,312) | (27,489) | 7,340 | (7,185) | | | Net Change in Deposits | (4,658) | 11,814 | (340) | (1,962) | 2,582 | | Cash Dividends paid | (605) | (607) | (546) | (527) | (508) | | Repayment of Long Term Debt | (8,864) | - | - | - | (11,727) | | Change in Short Term Debt | - | - | - | - | - | | Issuance of Long term Debt | - | 22,205 | 22,411 | 1,891 | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | 363 | 14 | 95 | 71 | | Purchase of Treasury Stock | (97) | - | - | - | - | | Other Financing Activities | 279 | 414 | 216 | 59 | 73 | | Cash from Financing Activities | (13,944) | 34,189 | 21,755 | (445) | (9,509) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (931) | 2,712 | (4,966) | 7,532 | (12,686) | | | Cash at Beginning of Period | 7,828 | 5,116 | 10,083 | 2,551 | 15,237 | | Cash at End of Period | 6,897 | 7,828 | 5,116 | 10,083 | 2,551 | | | |
