| Cash Flow for H&E Equipment Services Inc. (HEES) | | | | After Hours: $ 5.34 |  -0.07 (-1.29%) | Volume: 700 | 6:06 PM EST Nov 21, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 64,626 | 32,714 | 28,160 | (13,737) | (46,051) | | Depreciation & Amortization | 103,221 | 85,076 | 59,766 | 53,232 | 59,159 | | Deferred Income Taxes | 38,876 | 8,968 | 645 | - | (5,717) | | Operating Losses | (34,005) | (33,264) | (21,896) | (13,802) | (9,360) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (31,448) | (2,861) | (32,128) | (7,682) | 1,261 | | Decrease in Inventories | (57,431) | (69,949) | (44,159) | (22,263) | (4,980) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 14,651 | 59,125 | 57,309 | 1,146 | 233 | | Increase in Other Current Liabilities | 289 | 6,570 | (14,296) | 4,346 | 22,981 | | Decrease in Other Working Capital | (1,332) | (8,451) | - | - | - | | Other Non-Cash Items | 3,877 | 43,711 | - | - | - | | Net Cash from Continuing Operations | 104,094 | 117,729 | 35,904 | 5,639 | 19,344 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 104,094 | 117,729 | 35,904 | 5,639 | 19,344 | | | | Sale of Property, Plant, Equipment | 123,539 | 107,750 | 960 | 65,745 | 53,979 | | Sale of Short Term Investments | - | - | 87,028 | - | - | | | Purchase of Property, Plant, Equipment | (212,009) | (242,776) | (171,063) | (77,498) | (33,071) | | Acquisitions | (100,177) | (56,962) | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (188,647) | (191,988) | (83,075) | (11,753) | 20,908 | | | Issuance of Debt | 1,076,106 | 1,168,299 | 616,518 | 479,756 | 385,504 | | Issuance of Capital Stock | - | 207,018 | - | - | - | | | Repayment of Debt | (971,822) | (1,288,300) | (566,986) | (473,288) | (424,174) | | Repurchase of Capital Stock | (13,431) | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (841) | (9,082) | (92) | (887) | (1,089) | | Cash from Financing Activities | 90,012 | 77,935 | 49,440 | 5,581 | (39,759) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 5,459 | 3,676 | 2,269 | (533) | 493 | | | Cash at Beginning of Year | 9,303 | 5,627 | 3,358 | 3,891 | 3,398 | | Cash at End of Period | 14,762 | 9,303 | 5,627 | 3,358 | 3,891 | | | |
