| Cash Flow for Generex Biotechnology Corp. (GNBT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 07/2007 | 07/2006 | 07/2005 | 07/2004 | 07/2003 | | | Net Income | (23,505) | (67,967) | (24,002) | (18,363) | (13,262) | | Depreciation & Amortization | 1,166 | 1,135 | 1,104 | 1,015 | 590 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | - | 12,573 | 3,528 | 1,584 | 1,322 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (57) | - | - | - | 13 | | Decrease in Inventories | (118) | - | - | - | - | | Decrease in Other Current Assets | (26) | 10 | 732 | (539) | (79) | | Increase in Payables | 1,682 | 3,780 | 3,255 | 421 | (554) | | Increase in Other Current Liabilities | 33 | - | - | - | - | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 2,984 | 23,936 | - | - | - | | Net Cash from Continuing Operations | (17,231) | (10,573) | (11,400) | (15,882) | (11,969) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (17,231) | (10,573) | (11,400) | (15,882) | (11,969) | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 22,796 | 8,600 | - | 7,001 | 20,570 | | | Purchase of Property, Plant, Equipment | (302) | (264) | (64) | (646) | (506) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (22,435) | (22,973) | (6) | (4,639) | (10,070) | | Other Investment Changes, Net | (196) | 187 | 222 | (630) | (213) | | Cash from Investing Activities | (138) | (14,449) | 152 | 1,085 | 9,781 | | | Issuance of Debt | - | 13,990 | 7,441 | 161 | - | | Issuance of Capital Stock | 427 | 49,579 | - | 7,281 | 6,537 | | | Repayment of Debt | (248) | (920) | (560) | (73) | (60) | | Repurchase of Capital Stock | (0) | - | - | - | (88) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | 1 | | Cash from Financing Activities | 179 | 62,650 | 6,881 | 7,369 | 6,390 | | | | Effect of Exchange Rate Changes | 7 | (5) | 3 | 21 | 23 | | Net Change in Cash | (17,182) | 37,622 | (4,364) | (7,406) | 4,225 | | | Cash at Beginning of Year | 38,208 | 587 | 4,950 | 12,357 | 8,131 | | Cash at End of Period | 21,026 | 38,208 | 587 | 4,950 | 12,357 | | | |
