| Cash Flow for Koss Corp. (KOSS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Net Income | 4,494 | 5,157 | 6,222 | 4,494 | 5,372 | | Depreciation & Amortization | 962 | 974 | 955 | 1,044 | 661 | | Deferred Income Taxes | (302) | 490 | (865) | (62) | 92 | | Operating Losses | (150) | - | (169) | 236 | 538 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (2,152) | (897) | 1,371 | 421 | (881) | | Decrease in Inventories | 489 | 599 | (2,927) | (280) | 18 | | Decrease in Other Current Assets | - | - | - | 507 | 368 | | Increase in Payables | 1,580 | (499) | (1,142) | 1,963 | (1,744) | | Increase in Other Current Liabilities | (474) | 133 | 542 | 85 | 381 | | Decrease in Other Working Capital | 639 | (1,219) | - | - | - | | Other Non-Cash Items | 352 | 155 | 1,128 | - | - | | Net Cash from Continuing Operations | 5,337 | 4,907 | 5,826 | 7,963 | 4,502 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 5,337 | 4,907 | 5,826 | 7,963 | 4,502 | | | | Sale of Property, Plant, Equipment | 700 | - | - | - | - | | Sale of Short Term Investments | 25 | 250 | - | - | - | | | Purchase of Property, Plant, Equipment | (1,179) | (426) | (922) | (1,170) | (1,344) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | (118) | - | | Cash from Investing Activities | (454) | (176) | (922) | (1,288) | (1,344) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 1,414 | 501 | 3,870 | 577 | 360 | | | Repayment of Debt | - | - | - | - | - | | Repurchase of Capital Stock | (1,283) | (1,838) | (6,605) | (2,217) | (1,004) | | Payment of Cash Dividends | (5,592) | (5,642) | (5,648) | (1,927) | (1,960) | | Other Financing Charges, Net | (286) | 289 | 4,407 | - | - | | Cash from Financing Activities | (5,748) | (6,690) | (3,977) | (3,567) | (2,604) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (865) | (1,959) | 928 | 3,108 | 554 | | | Cash at Beginning of Year | 4,188 | 6,147 | 5,219 | 2,111 | 1,557 | | Cash at End of Period | 3,323 | 4,188 | 6,147 | 5,219 | 2,111 | | | |
