| Cash Flow for Makita Corp. (MKTAY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Net Income | N/A | 313,314 | 345,393 | 206,879 | 73,952 | | Depreciation & Amortization | N/A | 74,347 | 50,615 | 50,290 | 76,567 | | Deferred Income Taxes | N/A | (35,034) | (5,410) | 3,841 | (2,558) | | Operating Losses | N/A | (6,093) | (96,102) | 12,692 | 40,913 | | Extraordinary Losses | N/A | - | - | - | - | | | Decrease in Receivables | N/A | (54,220) | (42,829) | (18,645) | (15,481) | | Decrease in Inventories | N/A | (67,619) | (73,897) | (86,009) | 59,548 | | Decrease in Other Current Assets | N/A | - | - | - | - | | Increase in Payables | N/A | 34,364 | 43,769 | 28,682 | 30,529 | | Increase in Other Current Liabilities | N/A | 4,203 | 2,325 | (52,990) | 22,769 | | Decrease in Other Working Capital | N/A | - | (2,957) | - | - | | Other Non-Cash Items | N/A | 10,975 | (6,659) | 12,662 | (7,960) | | Net Cash from Continuing Operations | 293,000 | 274,237 | 214,248 | 157,402 | 278,279 | | Net Cash from Discontinued Operations | N/A | - | - | - | - | | Cash from Operating Activities | 293,000 | 274,237 | 214,248 | 157,402 | 278,279 | | | | Sale of Property, Plant, Equipment | N/A | 6,263 | 8,650 | 2,991 | 49,558 | | Sale of Short Term Investments | N/A | 157,721 | 349,264 | 263,383 | 174,904 | | | Purchase of Property, Plant, Equipment | N/A | (110,000) | (97,291) | (62,196) | (43,212) | | Acquisitions | N/A | (5,500) | (10,291) | - | - | | Purchase of Short Term Investments | N/A | (231,331) | (181,607) | (204,504) | (336,077) | | Other Investment Changes, Net | N/A | (48,306) | (3,298) | 1,765 | (11,154) | | Cash from Investing Activities | (45,000) | (231,153) | 65,427 | 1,439 | (165,981) | | | Issuance of Debt | N/A | 1,144 | 9,171 | 6,477 | - | | Issuance of Capital Stock | N/A | - | - | - | - | | | Repayment of Debt | N/A | - | (52,564) | (121,402) | (8,481) | | Repurchase of Capital Stock | N/A | (339) | (1,316) | (1,813) | (21,346) | | Payment of Cash Dividends | N/A | (69,424) | (67,581) | (32,271) | (25,096) | | Other Financing Charges, Net | N/A | (1,779) | (54,787) | (2,178) | (8,500) | | Cash from Financing Activities | (138,000) | (70,398) | (167,077) | (151,187) | (63,423) | | | | Effect of Exchange Rate Changes | (18,000) | 10,992 | 4,240 | (103) | (8,433) | | Net Change in Cash | 92,000 | (16,322) | 116,838 | 7,551 | 40,442 | | | Cash at Beginning of Year | 371,000 | 330,966 | 216,957 | 229,683 | 195,866 | | Cash at End of Period | 463,000 | 314,644 | 333,795 | 237,234 | 236,308 | | | |
