| Cash Flow for KMG Chemicals Inc. (KMGB) | | | | | | | Cash Flow | in Thousands of Dollars | | | 07/2007 | 07/2006 | 07/2005 | 07/2004 | 07/2003 | | | Net Income | 8,849 | 3,776 | 3,052 | 1,763 | 1,917 | | Depreciation & Amortization | 3,832 | 3,889 | 2,204 | 1,643 | 1,423 | | Deferred Income Taxes | (307) | (905) | 681 | 84 | (182) | | Operating Losses | 127 | 5 | 71 | (21) | (49) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (3,762) | (672) | (1,073) | 453 | (67) | | Decrease in Inventories | (3,096) | (2,406) | 1,838 | (1,406) | (94) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 2,194 | 862 | 12 | 1,687 | 432 | | Increase in Other Current Liabilities | 469 | 325 | 783 | (356) | (444) | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 437 | 2,606 | - | - | - | | Net Cash from Continuing Operations | 8,968 | 7,086 | 7,564 | 3,735 | 3,095 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 8,968 | 7,086 | 7,564 | 3,735 | 3,095 | | | | Sale of Property, Plant, Equipment | 10 | - | 2 | 114 | 18 | | Sale of Short Term Investments | - | - | - | 214 | - | | | Purchase of Property, Plant, Equipment | (581) | (2,085) | (13,464) | (11,767) | (4,131) | | Acquisitions | - | (8,603) | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (231) | (279) | 19 | (378) | (312) | | Cash from Investing Activities | (802) | (10,967) | (13,442) | (11,816) | (4,424) | | | Issuance of Debt | 8,400 | - | 10,000 | 8,895 | 3,820 | | Issuance of Capital Stock | 83 | 10,520 | 5,744 | 7 | - | | | Repayment of Debt | (11,921) | (3,591) | (1,530) | (885) | (1,840) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (791) | (660) | (529) | (452) | (394) | | Other Financing Charges, Net | 899 | - | - | - | - | | Cash from Financing Activities | (3,330) | 6,269 | 13,685 | 7,565 | 1,585 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 4,836 | 2,388 | 7,806 | (516) | 256 | | | Cash at Beginning of Year | 11,168 | 8,780 | 974 | 1,490 | 1,235 | | Cash at End of Period | 16,004 | 11,168 | 8,781 | 974 | 1,490 | | | |
