| Cash Flow for Imax Corp. (IMAX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (26,940) | (16,887) | 16,598 | 10,244 | 218 | | Depreciation & Amortization | 17,738 | 16,825 | 15,867 | 14,947 | 9,633 | | Deferred Income Taxes | (68) | 5,918 | - | (1,143) | 81 | | Operating Losses | (12,771) | (10,224) | (8,678) | (3,434) | (3,198) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 6,768 | (11,106) | - | - | (584) | | Decrease in Inventories | (1,603) | 57 | - | - | 7,847 | | Decrease in Other Current Assets | - | - | - | 4,961 | - | | Increase in Payables | 874 | 3,955 | - | - | (1,230) | | Increase in Other Current Liabilities | 3,907 | 529 | - | - | (21,479) | | Decrease in Other Working Capital | (3,166) | 125 | (22,001) | (14,164) | - | | Other Non-Cash Items | 11,106 | 6,196 | - | - | - | | Net Cash from Continuing Operations | (2,911) | (4,412) | 1,786 | 11,411 | (8,190) | | Net Cash from Discontinued Operations | (3,310) | 1,968 | - | - | (993) | | Cash from Operating Activities | (6,221) | (2,444) | 1,786 | 11,411 | (9,183) | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 8,572 | 27,293 | 23,458 | 393 | - | | | Purchase of Property, Plant, Equipment | (2,527) | (2,433) | (1,597) | (320) | (1,560) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (6,457) | (20,897) | (31,276) | - | - | | Other Investment Changes, Net | (900) | (940) | (1,301) | (1,435) | (231) | | Cash from Investing Activities | (737) | 3,023 | (10,716) | (1,362) | (1,806) | | | Issuance of Debt | - | - | - | - | 160,000 | | Issuance of Capital Stock | 420 | 286 | 3,633 | 558 | 1,722 | | | Repayment of Debt | - | - | - | (29,234) | (132,720) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (1,714) | - | 786 | (535) | (5,615) | | Cash from Financing Activities | (1,294) | 286 | 4,419 | (28,411) | 24,186 | | | | Effect of Exchange Rate Changes | 30 | (66) | - | 44 | 284 | | Net Change in Cash | (8,222) | 799 | (4,511) | (18,318) | 13,481 | | | Cash at Beginning of Year | 25,123 | 24,324 | (129) | 47,282 | 33,801 | | Cash at End of Period | 16,901 | 25,123 | (4,640) | 28,964 | 47,282 | | | |
