| Cash Flow for LCC International Inc. (LCCI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (30,755) | (8,030) | (12,527) | (5,312) | (6,523) | | Depreciation & Amortization | 4,139 | 2,567 | 2,921 | 2,715 | 3,860 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | 1,587 | (378) | 1,812 | 101 | (2,295) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 9,659 | 20,222 | (10,506) | (18,223) | (34,732) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (7,196) | (21,820) | 11,195 | 12,763 | 13,666 | | Increase in Other Current Liabilities | - | - | - | - | - | | Decrease in Other Working Capital | 2,393 | (4,042) | (974) | 3,373 | 6,440 | | Other Non-Cash Items | 3,295 | 1,418 | - | - | - | | Net Cash from Continuing Operations | (16,878) | (10,063) | (8,079) | (4,583) | (19,584) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (16,878) | (10,063) | (8,079) | (4,583) | (19,584) | | | | Sale of Property, Plant, Equipment | - | - | 61 | 30 | 69 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (4,762) | (1,549) | (2,398) | (2,839) | (1,812) | | Acquisitions | (21,995) | 1,446 | (125) | (360) | (1,027) | | Purchase of Short Term Investments | - | - | - | - | (20) | | Other Investment Changes, Net | 663 | - | - | - | - | | Cash from Investing Activities | (26,094) | (103) | (2,462) | (3,169) | (2,790) | | | Issuance of Debt | 38,909 | 22,023 | 5,439 | 21,230 | 10,899 | | Issuance of Capital Stock | 16,193 | 603 | 677 | 1,516 | 12,162 | | | Repayment of Debt | (9,701) | (21,056) | (2,583) | (23,043) | (8,991) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | 299 | (112) | 926 | (260) | | Cash from Financing Activities | 45,401 | 1,869 | 3,421 | 629 | 13,810 | | | | Effect of Exchange Rate Changes | 756 | 546 | (614) | - | - | | Net Change in Cash | 3,185 | (7,751) | (7,734) | (7,123) | (8,564) | | | Cash at Beginning of Year | 6,445 | 14,196 | 21,930 | 28,943 | 37,507 | | Cash at End of Period | 9,630 | 6,445 | 14,196 | 21,820 | 28,943 | | | |
