| Cash Flow for Gehl Company (GEHL) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 24,407 | 19,507 | 21,800 | 13,387 | 2,630 | | Depreciation & Amortization | 4,576 | 4,553 | 4,945 | 4,664 | 4,879 | | Deferred Income Taxes | (1,344) | (653) | (206) | (1,145) | 1,657 | | Operating Losses | (37,284) | 6,626 | 39,038 | 66,241 | 125,278 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 421 | (19,425) | (54,446) | (168,527) | (113,390) | | Decrease in Inventories | 1,401 | (4,057) | (6,037) | (6,787) | 5,504 | | Decrease in Other Current Assets | - | - | - | (4,231) | (1,053) | | Increase in Payables | (5,125) | (5,966) | 4,426 | 9,898 | 3,380 | | Increase in Other Current Liabilities | - | - | - | 4,279 | 705 | | Decrease in Other Working Capital | (1,603) | (12) | (17,171) | - | - | | Other Non-Cash Items | 1,906 | 1,851 | - | - | - | | Net Cash from Continuing Operations | (9,799) | 2,022 | (7,651) | (83,166) | 31,129 | | Net Cash from Discontinued Operations | - | 5,916 | - | - | - | | Cash from Operating Activities | (9,799) | 7,938 | (7,651) | (83,166) | 31,129 | | | | Sale of Property, Plant, Equipment | 101 | 2,326 | 478 | 2,330 | 4,403 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (6,364) | (6,447) | (7,575) | (3,669) | (3,034) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | 17 | (25) | 20 | (290) | (47) | | Cash from Investing Activities | (6,246) | (4,146) | (7,077) | (1,629) | 1,322 | | | Issuance of Debt | 25,000 | 25,000 | - | 63,270 | - | | Issuance of Capital Stock | 602 | 2,750 | 49,201 | 23,250 | 316 | | | Repayment of Debt | (3,817) | (29,492) | (34,893) | (151) | (30,593) | | Repurchase of Capital Stock | (2,283) | - | - | - | (729) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | 19,502 | (1,742) | 14,308 | 86,369 | (31,006) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 3,457 | 2,050 | (420) | 1,574 | 1,445 | | | Cash at Beginning of Year | 6,892 | 4,842 | 5,262 | 5,262 | 2,243 | | Cash at End of Period | 10,349 | 6,892 | 4,842 | 6,836 | 3,688 | | | |
