| Cash Flow for First Niagara Financial Group Inc. (FNFG) | | | | After Hours: $ 14.96 | 0.00 (0.00%) | Volume: 24.93 k | 4:39 PM EDT Aug 29, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 84,085 | 91,859 | 92,859 | 51,817 | 36,106 | | Provision for Loan Loss | 8,500 | 6,456 | 7,348 | 8,442 | 7,929 | | Depreciation & Amortization | 22,196 | 26,277 | 27,442 | 22,549 | 21,686 | | Deferred Income Taxes | (3,895) | 8,431 | 8,937 | 7,340 | 2,854 | | Change in Assets (Receivables) | (637) | (2,551) | 1,370 | (3,660) | (4,023) | | Change in Liabilities (Payables) | (6,493) | (12,308) | 12,050 | 4,099 | (5,951) | | Investment Securities Gain | 5,395 | (254) | - | - | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (390) | (2,665) | (1,377) | - | (217) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (1,783) | 6,546 | 3,715 | 3,175 | 5,194 | | Net Cash from Operating Activities | 106,978 | 121,791 | 152,345 | 93,762 | 63,578 | | | | Proceeds from Sale/Mat. Inv. | 622,210 | 624,591 | 590,210 | 466,511 | 840,000 | | Purchase of Investment Securities | (594,923) | (75,379) | (453,317) | (553,427) | (928,709) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | - | - | - | - | - | | Acquisitions | (10,806) | - | (118,739) | (51,724) | (32,542) | | Other Investment Changes, Net | (395,453) | (426,931) | (324,832) | (224,871) | (109,427) | | Net Cash from Investing Activities | (378,972) | 122,281 | (306,678) | (363,511) | (230,678) | | | Net Change in Deposits | (6,211) | 230,324 | 362,772 | 47,609 | (33,773) | | Cash Dividends paid | (55,899) | (49,434) | (42,360) | (23,920) | (14,642) | | Repayment of Long Term Debt | (27,225) | (74,286) | (42,070) | (19,114) | (16,951) | | Change in Short Term Debt | (28,893) | (352,771) | (200,217) | (22,024) | (36,458) | | Issuance of Long term Debt | 406,100 | 84,125 | 235,000 | 211,500 | 39,890 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 4,910 | 3,866 | 1,658 | 4,049 | 314,365 | | Purchase of Treasury Stock | (95,690) | (40,073) | (87,964) | (34,961) | (1,604) | | Other Financing Activities | 2,241 | 1,701 | - | - | - | | Cash from Financing Activities | 199,333 | (196,548) | 226,819 | 163,139 | 250,827 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (72,661) | 47,524 | 72,486 | (106,610) | 83,727 | | | Cash at Beginning of Period | 187,652 | 140,128 | 67,642 | 174,252 | 90,525 | | Cash at End of Period | 114,991 | 187,652 | 140,128 | 67,642 | 174,252 | | | |
