| Cash Flow for Langer Inc. (GAIT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (4,518) | (4,853) | (4,557) | 375 | (5) | | Depreciation & Amortization | 4,118 | 1,791 | 1,648 | 953 | 845 | | Deferred Income Taxes | 131 | 334 | (315) | 132 | 136 | | Operating Losses | 143 | (1) | 2,800 | (144) | 128 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,383) | 418 | 1,699 | (206) | (512) | | Decrease in Inventories | 484 | 895 | 709 | (216) | 34 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (262) | 265 | 60 | (387) | (377) | | Increase in Other Current Liabilities | - | - | (5) | (60) | (201) | | Decrease in Other Working Capital | 606 | (347) | - | - | - | | Other Non-Cash Items | 1,667 | 825 | - | - | - | | Net Cash from Continuing Operations | 1,316 | (341) | 3,867 | 648 | 450 | | Net Cash from Discontinued Operations | 217 | - | - | - | - | | Cash from Operating Activities | 1,533 | (341) | 3,867 | 648 | 450 | | | | Sale of Property, Plant, Equipment | 1 | 2 | 70 | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (1,340) | (1,526) | (990) | (1,198) | (1,402) | | Acquisitions | (25,901) | - | (1,277) | (5,797) | (1,897) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (1,420) | (507) | - | - | - | | Cash from Investing Activities | (28,690) | (2,030) | (2,328) | (6,994) | (3,300) | | | Issuance of Debt | - | 28,880 | - | 5,500 | - | | Issuance of Capital Stock | 46 | 46 | 34,143 | 2 | - | | | Repayment of Debt | (36) | (14,456) | (15,991) | (800) | (1,000) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (267) | (1,215) | (4,746) | - | - | | Cash from Financing Activities | (258) | 13,255 | 13,406 | 4,702 | (1,000) | | | | Effect of Exchange Rate Changes | 71 | 53 | (26) | 21 | (28) | | Net Change in Cash | (27,345) | 10,938 | 14,919 | (1,624) | (3,878) | | | Cash at Beginning of Year | 29,767 | 18,829 | 3,910 | 5,534 | 9,412 | | Cash at End of Period | 2,422 | 29,767 | 18,829 | 3,910 | 5,534 | | | |
