| Cash Flow for LCAVision Inc. (LCAV) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 32,504 | 38,296 | 31,653 | 32,029 | 7,269 | | Depreciation & Amortization | 11,209 | 8,453 | 7,636 | 7,045 | 6,377 | | Deferred Income Taxes | 5,369 | (160) | 3,002 | (8,608) | - | | Operating Losses | 314 | (746) | 8,228 | 4,274 | 2,510 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (10,420) | (4,640) | (7,069) | (7,073) | (5,656) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 5,132 | 1,464 | (1,723) | 81 | 1,028 | | Increase in Other Current Liabilities | 5,751 | 630 | 877 | 3,057 | 912 | | Decrease in Other Working Capital | (7,212) | - | - | - | - | | Other Non-Cash Items | 15,029 | 11,410 | - | - | - | | Net Cash from Continuing Operations | 54,979 | 53,532 | 41,060 | 29,807 | 12,480 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 54,979 | 53,532 | 41,060 | 29,807 | 12,480 | | | | Sale of Property, Plant, Equipment | - | - | 20 | - | 225 | | Sale of Short Term Investments | 356,874 | 238,013 | - | - | - | | | Purchase of Property, Plant, Equipment | (28,864) | (9,656) | (10,748) | (7,213) | (5,231) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (330,826) | (308,943) | - | - | - | | Other Investment Changes, Net | 278 | (1,402) | (17) | (834) | (130) | | Cash from Investing Activities | (2,538) | (81,988) | (10,745) | (8,047) | (5,136) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 3,499 | 5,528 | 4,884 | 2,202 | 39,103 | | | Repayment of Debt | (5,782) | (2,795) | (1,140) | (176) | (10) | | Repurchase of Capital Stock | (44,940) | (51,816) | (2,209) | - | (22) | | Payment of Cash Dividends | (13,984) | (11,131) | (7,407) | (2,692) | - | | Other Financing Charges, Net | 1,949 | 5,390 | - | 586 | 195 | | Cash from Financing Activities | (59,258) | (54,824) | (5,872) | (80) | 39,266 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (6,817) | (83,280) | 24,443 | 21,680 | 46,610 | | | Cash at Beginning of Year | 24,431 | 110,531 | 86,588 | 64,908 | 18,298 | | Cash at End of Period | 17,614 | 27,251 | 111,031 | 86,588 | 64,908 | | | |
