| Cash Flow for Hercules Offshore Inc. (HERO) | | | | After Hours: $ 6.24 | 0.00 (0.00%) | Volume: 3.7 k | 4:23 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 136,522 | 119,050 | 27,456 | 8,065 | | Depreciation & Amortization | 109,064 | 32,310 | 13,790 | 2,016 | | Deferred Income Taxes | 2,841 | 27,200 | 15,247 | - | | Operating Losses | (4,491) | (30,779) | 3,637 | 519 | | Extraordinary Losses | - | - | - | - | | | Decrease in Receivables | 45,262 | (44,734) | (18,464) | (20,020) | | Decrease in Inventories | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | | Increase in Payables | (6,794) | 19,499 | 11,443 | 1,838 | | Increase in Other Current Liabilities | (10,062) | 11,499 | 8,484 | 3,231 | | Decrease in Other Working Capital | (113,695) | 300 | - | - | | Other Non-Cash Items | 8,604 | 1,827 | - | - | | Net Cash from Continuing Operations | 178,319 | 124,247 | 52,763 | (6,495) | | Net Cash from Discontinued Operations | - | - | - | - | | Cash from Operating Activities | 178,319 | 124,247 | 52,763 | (6,495) | | | | Sale of Property, Plant, Equipment | 109,745 | 5,989 | 455 | 803 | | Sale of Short Term Investments | 112,375 | - | - | - | | | Purchase of Property, Plant, Equipment | (176,162) | (204,456) | (168,038) | (94,443) | | Acquisitions | (728,396) | - | - | - | | Purchase of Short Term Investments | (151,675) | - | - | - | | Other Investment Changes, Net | 9,106 | 48,478 | (5,370) | (2,634) | | Cash from Investing Activities | (825,007) | (149,989) | (172,953) | (96,274) | | | Issuance of Debt | 900,000 | - | 185,000 | 56,000 | | Issuance of Capital Stock | 2,054 | 55,430 | 116,250 | - | | | Repayment of Debt | (99,145) | (2,030) | (146,350) | - | | Repurchase of Capital Stock | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | | Other Financing Charges, Net | (16,541) | (2,461) | (1,594) | 61,229 | | Cash from Financing Activities | 786,368 | 50,939 | 153,305 | 117,229 | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash | 139,680 | 25,197 | 33,115 | 14,460 | | | Cash at Beginning of Year | 72,772 | 47,575 | 14,460 | - | | Cash at End of Period | 212,452 | 72,772 | 47,575 | 14,460 | | | |
