| Cash Flow for Keystone Automotive Industries Inc. (KEYS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 03/2007 | 03/2006 | 03/2005 | 03/2004 | 03/2003 | | | Net Income | 30,324 | 22,258 | 14,260 | 17,722 | 14,747 | | Depreciation & Amortization | 9,844 | 7,897 | 7,524 | 5,945 | 4,982 | | Deferred Income Taxes | (3,338) | (954) | 234 | 2,716 | 498 | | Operating Losses | (64) | 3,965 | 4,158 | 2,774 | 3,629 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (9,457) | (5,538) | (6,278) | (2,291) | (5,930) | | Decrease in Inventories | (6,688) | (7,120) | (14,823) | (1,476) | (18,247) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 743 | 9,360 | 8,645 | 2,001 | 4,117 | | Increase in Other Current Liabilities | 8,879 | 4,460 | 1,233 | 589 | 2,228 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 4,625 | 2,775 | (59) | (13) | (896) | | Net Cash from Continuing Operations | 33,900 | 33,655 | 17,376 | 25,665 | 5,322 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 33,900 | 33,655 | 17,376 | 25,665 | 5,322 | | | | Sale of Property, Plant, Equipment | 205 | 402 | 766 | 176 | 237 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (13,381) | (10,383) | (8,375) | (11,855) | (9,164) | | Acquisitions | (341) | (37,185) | (2,613) | (15,882) | (6,927) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (12,294) | (47,166) | (10,222) | (27,561) | (15,854) | | | Issuance of Debt | - | 9,544 | - | - | 9,774 | | Issuance of Capital Stock | 2,753 | 4,712 | 3,752 | 8,035 | 838 | | | Repayment of Debt | (9,544) | (66) | (10,028) | (6,621) | (74) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,045 | - | - | - | - | | Cash from Financing Activities | (5,746) | 14,190 | (6,276) | 1,414 | 10,538 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 15,860 | 679 | 878 | (482) | 6 | | | Cash at Beginning of Year | 4,733 | 4,054 | 3,176 | 3,658 | 3,652 | | Cash at End of Period | 20,593 | 4,733 | 4,054 | 3,176 | 3,658 | | | |
