| Cash Flow for JDA Software Group Inc. (JDAS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 26,522 | (446) | 6,960 | 2,009 | 2,650 | | Depreciation & Amortization | 31,646 | 24,433 | 17,764 | 17,752 | 16,285 | | Deferred Income Taxes | 9,991 | (946) | (6,003) | (5,713) | (7,018) | | Operating Losses | (4,148) | 3,008 | 12,689 | 30 | 682 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 5,313 | (8,577) | (4,358) | 4,277 | 11,575 | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (1,256) | (4,046) | (1,297) | 595 | (453) | | Increase in Other Current Liabilities | 2,270 | (2,029) | (5,322) | 4,326 | (3,896) | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 7,773 | 1,970 | - | - | - | | Net Cash from Continuing Operations | 79,707 | 15,402 | 20,536 | 24,845 | 20,843 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 79,707 | 15,402 | 20,536 | 24,845 | 20,843 | | | | Sale of Property, Plant, Equipment | 6,856 | 132 | 631 | 491 | 2,022 | | Sale of Short Term Investments | - | 66,509 | 28,338 | 55,203 | 51,884 | | | Purchase of Property, Plant, Equipment | (7,408) | (8,049) | (4,860) | (35,834) | (10,395) | | Acquisitions | (7,606) | (72,886) | - | (14,170) | (8,063) | | Purchase of Short Term Investments | - | (26,075) | (33,011) | (38,078) | (58,363) | | Other Investment Changes, Net | - | (5,470) | 874 | 3,925 | 106 | | Cash from Investing Activities | (8,158) | (45,839) | (8,028) | (28,463) | (22,809) | | | Issuance of Debt | - | 175,000 | - | - | - | | Issuance of Capital Stock | 9,877 | 52,739 | 7,258 | 1,793 | 7,802 | | | Repayment of Debt | (41,531) | (209,952) | (13) | (70) | (255) | | Repurchase of Capital Stock | (244) | (189) | (8,659) | - | (757) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,308 | (6,246) | - | - | - | | Cash from Financing Activities | (30,590) | 11,352 | (1,414) | 1,723 | 6,790 | | | | Effect of Exchange Rate Changes | 770 | 1,609 | (1,403) | 1,425 | 1,575 | | Net Change in Cash | 41,729 | (17,476) | 9,691 | (470) | 6,399 | | | Cash at Beginning of Year | 53,559 | 71,035 | 61,344 | 77,464 | 71,065 | | Cash at End of Period | 95,288 | 53,559 | 71,035 | 76,994 | 77,464 | | | |
