| Cash Flow for Genzyme Corp. (GENZ) | | | | After Hours: $ 62.59 |  -2.00 (-3.10%) | Volume: 10.52 k | 5:01 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 480,193 | (16,797) | 441,489 | 86,527 | (67,592) | | Depreciation & Amortization | 338,196 | 331,389 | 284,620 | 205,114 | 160,459 | | Deferred Income Taxes | (106,140) | (279,795) | 15,300 | 45,047 | (7,001) | | Operating Losses | 87,084 | 450,114 | 127,715 | 341,380 | 379,941 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (105,230) | (120,505) | (93,931) | (111,345) | (65,608) | | Decrease in Inventories | (15,011) | (37,632) | (17,241) | 18,751 | 11,844 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 158,590 | 54,487 | 22,705 | (13,882) | 6,895 | | Increase in Other Current Liabilities | (132,314) | 50,123 | (28,650) | - | - | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 237,201 | 476,969 | - | - | - | | Net Cash from Continuing Operations | 918,672 | 888,569 | 731,777 | 577,512 | 387,858 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 918,672 | 888,569 | 731,777 | 577,512 | 387,858 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 985,546 | 926,327 | 970,015 | 976,085 | 923,264 | | | Purchase of Property, Plant, Equipment | (473,222) | (439,023) | (192,461) | (187,400) | (259,598) | | Acquisitions | (342,456) | (568,953) | (703,074) | (152,377) | (565,306) | | Purchase of Short Term Investments | (779,932) | (913,159) | (1,102,053) | (657,632) | (1,111,954) | | Other Investment Changes, Net | 20,290 | 25,808 | (163,410) | (24,372) | (14,598) | | Cash from Investing Activities | (591,056) | (836,412) | (1,190,983) | (45,696) | (1,028,192) | | | Issuance of Debt | - | - | 367,951 | 150,434 | 1,288,975 | | Issuance of Capital Stock | 285,762 | 158,305 | 354,708 | 140,311 | 116,459 | | | Repayment of Debt | (5,909) | (25,625) | (478,770) | (650,818) | (916,671) | | Repurchase of Capital Stock | (231,576) | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 16,346 | 19,477 | 14,684 | 6,346 | 5,293 | | Cash from Financing Activities | 64,623 | 152,157 | 258,573 | (353,727) | 494,056 | | | | Effect of Exchange Rate Changes | (17,397) | (4,104) | 12,395 | 9,335 | 32,241 | | Net Change in Cash | 374,842 | 200,210 | (188,238) | 187,424 | (114,037) | | | Cash at Beginning of Year | 492,170 | 291,960 | 480,198 | 292,774 | 406,811 | | Cash at End of Period | 867,012 | 492,170 | 291,960 | 480,198 | 292,774 | | | |
