| Cash Flow for Leap Wireless International Inc. (LEAP) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (75,927) | (4,139) | 29,966 | (8,629) | (597,437) | | Depreciation & Amortization | 302,201 | 226,747 | 195,462 | 75,324 | 300,243 | | Deferred Income Taxes | 36,084 | 8,367 | 21,088 | - | 7,713 | | Operating Losses | (410) | (8,681) | 11,516 | 19,886 | 419,266 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | - | - | - | - | - | | Decrease in Inventories | 24,977 | (52,898) | (11,504) | 8,923 | 12,723 | | Decrease in Other Current Assets | - | - | 3,570 | (22,247) | (5,910) | | Increase in Payables | (53,310) | 95,303 | 57,101 | (4,421) | 24,575 | | Increase in Other Current Liabilities | - | - | 1,081 | 916 | (1,611) | | Decrease in Other Working Capital | 54,598 | 4,706 | - | - | - | | Other Non-Cash Items | 27,968 | 19,336 | - | - | (115,129) | | Net Cash from Continuing Operations | 316,181 | 291,232 | 308,280 | 69,752 | 44,433 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 316,181 | 291,232 | 308,280 | 69,752 | 44,433 | | | | Sale of Property, Plant, Equipment | 22,331 | 40,372 | 108,800 | - | - | | Sale of Short Term Investments | 530,956 | 177,932 | 329,043 | 32,494 | 144,188 | | | Purchase of Property, Plant, Equipment | (510,062) | (594,375) | (218,636) | (43,941) | (44,671) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (642,513) | (150,488) | (307,021) | (47,368) | (160,770) | | Other Investment Changes, Net | (23,440) | (1,023,299) | (244,298) | 12,537 | 4,722 | | Cash from Investing Activities | (622,728) | (1,549,858) | (332,112) | (46,278) | (56,531) | | | Issuance of Debt | 370,480 | 2,260,000 | 600,000 | - | - | | Issuance of Capital Stock | 9,690 | 1,119 | - | - | 50 | | | Repayment of Debt | (14,213) | (1,168,944) | (425,236) | (36,727) | (4,742) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,115 | 248,317 | 1,000 | - | - | | Cash from Financing Activities | 367,072 | 1,340,492 | 175,764 | (36,727) | (4,692) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 60,525 | 81,866 | 151,932 | (13,253) | (16,790) | | | Cash at Beginning of Year | 372,812 | 293,073 | 141,141 | 154,394 | 100,860 | | Cash at End of Period | 433,337 | 374,939 | 293,073 | 141,141 | 84,070 | | | |
