| Cash Flow for JER Investors Trust Inc. (JRT) | | | | After Hours: $ 3.24 | 0.00 (0.00%) | Volume: 389 | 4:22 PM EDT Oct 10, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 23,063 | 31,713 | 19,560 | (5,899) | | Provision for Loan Loss | - | - | - | - | | Depreciation & Amortization | 6,259 | 828 | 427 | (330) | | Deferred Income Taxes | - | - | - | - | | Change in Assets (Receivables) | (3,112) | (4,290) | (2,498) | (1,567) | | Change in Liabilities (Payables) | 1,844 | 993 | 1,772 | 1,455 | | Investment Securities Gain | - | - | - | - | | Net Policy Acquisition Cost | - | - | - | - | | Realized Investment Gains | - | - | 985 | - | | Net Premiums Receivables | - | - | - | - | | Change in Income Taxes | - | - | - | - | | Other Non-Cash Items | 16,727 | 885 | (3,435) | 5,137 | | Net Cash from Operating Activities | 44,781 | 30,129 | 16,811 | (1,204) | | | | Proceeds from Sale/Mat. Inv. | - | - | 87,111 | - | | Purchase of Investment Securities | (222,663) | (366,461) | (340,036) | - | | Net Increase Fed. Funds Sold | - | - | - | - | | Purchase of Property & Equipment | (38,749) | (38,763) | - | (29,865) | | Acquisitions | - | - | - | - | | Other Investment Changes, Net | (106,287) | (287,871) | (48,132) | (167,082) | | Net Cash from Investing Activities | (367,699) | (693,095) | (301,057) | (196,947) | | | Net Change in Deposits | - | - | - | 39,200 | | Cash Dividends paid | (53,068) | (36,506) | (14,221) | 160,128 | | Repayment of Long Term Debt | (1,860) | - | (497,588) | - | | Change in Short Term Debt | - | - | - | - | | Issuance of Long term Debt | 61,860 | 708,323 | 724,643 | - | | Issuance of Preferred Stock | - | - | - | - | | Issuance of Common Stock | - | - | 226,388 | - | | Purchase of Treasury Stock | - | - | - | - | | Other Financing Activities | 260,099 | (17,114) | (4,339) | - | | Cash from Financing Activities | 267,031 | 654,703 | 434,883 | 199,328 | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash & Equivalents | (55,887) | (8,263) | 150,637 | 1,177 | | | Cash at Beginning of Period | 143,443 | 151,706 | 1,177 | - | | Cash at End of Period | 87,556 | 143,443 | 151,814 | 1,177 | | | |
