| Cash Flow for Gold Fields Ltd. (GFI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Net Income | 733,800 | 246,100 | 138,500 | (206,200) | 291,200 | | Depreciation & Amortization | 416,200 | 388,200 | 269,200 | 274,500 | - | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | N/A | 198,200 | 108,400 | 101,200 | 15,600 | | Extraordinary Losses | N/A | - | - | - | - | | | Decrease in Receivables | N/A | 176,800 | (60,600) | 30,700 | (25,600) | | Decrease in Inventories | N/A | (31,100) | (24,100) | (26,500) | 5,400 | | Decrease in Other Current Assets | N/A | - | - | - | - | | Increase in Payables | N/A | (143,900) | 61,600 | 8,200 | 46,200 | | Increase in Other Current Liabilities | N/A | (99,300) | - | - | - | | Decrease in Other Working Capital | 36,100 | (534,600) | (54,800) | - | - | | Other Non-Cash Items | (187,400) | 4,800 | 27,200 | - | (90,400) | | Net Cash from Continuing Operations | 1,030,700 | 205,200 | 465,400 | 181,900 | 242,400 | | Net Cash from Discontinued Operations | 17,400 | - | - | - | - | | Cash from Operating Activities | 1,048,100 | 205,200 | 465,400 | 181,900 | 242,400 | | | | Sale of Property, Plant, Equipment | 5,800 | 8,800 | 6,300 | 10,200 | 56,800 | | Sale of Short Term Investments | 13,700 | - | 2,800 | 18,600 | 29,300 | | | Purchase of Property, Plant, Equipment | (1,239,900) | (797,000) | (255,400) | (317,700) | (417,400) | | Acquisitions | N/A | (1,240,900) | (415,600) | - | - | | Purchase of Short Term Investments | (134,500) | - | (163,500) | (30,400) | (102,400) | | Other Investment Changes, Net | (12,000) | - | (11,000) | 1,000 | (10,500) | | Cash from Investing Activities | 67,000 | (2,066,500) | (836,400) | (318,300) | (444,200) | | | Issuance of Debt | 596,400 | 2,640,800 | 158,000 | 38,900 | 595,800 | | Issuance of Capital Stock | 10,000 | 1,412,800 | 30,100 | 3,600 | 219,700 | | | Repayment of Debt | (635,400) | (1,950,500) | - | - | (40,700) | | Repurchase of Capital Stock | N/A | - | (11,700) | - | - | | Payment of Cash Dividends | N/A | (158,200) | (61,800) | (71,800) | (92,600) | | Other Financing Charges, Net | 96,000 | (13,000) | (36,000) | 17,900 | - | | Cash from Financing Activities | 67,000 | 1,931,900 | 78,600 | (11,400) | 682,200 | | | | Effect of Exchange Rate Changes | 18,600 | 38,100 | 6,400 | (4,800) | 42,300 | | Net Change in Cash | (72,200) | 108,700 | (286,000) | (152,600) | 522,700 | | | Cash at Beginning of Year | 323,100 | 217,700 | 503,700 | 656,300 | 133,600 | | Cash at End of Period | 250,900 | 326,400 | 217,700 | 503,700 | 656,300 | | | |
