| Cash Flow for Kenexa Corp. (KNXA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 23,548 | 15,893 | 6,091 | (4,093) | (12,198) | | Depreciation & Amortization | 7,584 | 3,487 | 2,123 | 2,545 | 2,720 | | Deferred Income Taxes | 4,752 | (829) | (1,497) | (1,023) | - | | Operating Losses | - | - | 4,184 | 8,812 | 16,037 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,558) | (11,010) | (3,067) | (1,509) | (3,366) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | 2 | 19 | 34 | | Increase in Payables | (708) | (1,446) | 633 | 323 | (559) | | Increase in Other Current Liabilities | 2,194 | 11,510 | 8,380 | 5,279 | 1,316 | | Decrease in Other Working Capital | (1,089) | (281) | - | - | - | | Other Non-Cash Items | 2,717 | 204 | - | - | - | | Net Cash from Continuing Operations | 38,563 | 18,610 | 16,941 | 10,051 | 4,037 | | Net Cash from Discontinued Operations | - | - | - | - | (715) | | Cash from Operating Activities | 38,563 | 18,610 | 16,941 | 10,051 | 3,322 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 75,220 | - | - | - | - | | | Purchase of Property, Plant, Equipment | (12,701) | (4,482) | (3,763) | (1,159) | (781) | | Acquisitions | (29,959) | (151,636) | (164) | - | - | | Purchase of Short Term Investments | (133,746) | - | - | - | - | | Other Investment Changes, Net | 14,890 | - | (8) | (18) | - | | Cash from Investing Activities | (86,296) | (156,118) | (3,935) | (1,178) | 2,219 | | | Issuance of Debt | - | 65,120 | 249 | - | - | | Issuance of Capital Stock | 132,209 | 70,645 | 61,679 | - | - | | | Repayment of Debt | (65,585) | (782) | (274) | (1,893) | (2,640) | | Repurchase of Capital Stock | (25,482) | - | (40,515) | (577) | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,182 | 1,402 | (16) | 12 | (233) | | Cash from Financing Activities | 42,324 | 136,385 | 21,123 | (2,458) | (2,873) | | | | Effect of Exchange Rate Changes | 939 | 126 | (124) | - | - | | Net Change in Cash | (4,470) | (997) | 34,005 | 6,416 | 2,668 | | | Cash at Beginning of Year | 42,502 | 43,499 | 9,494 | 3,078 | 410 | | Cash at End of Period | 38,032 | 42,502 | 43,499 | 9,494 | 3,078 | | | |
