| Cash Flow for ManTech International Corp. (MANT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 67,207 | 50,701 | 44,193 | 24,707 | 35,160 | | Depreciation & Amortization | 14,244 | 10,019 | 8,642 | 7,235 | 7,772 | | Deferred Income Taxes | 284 | (1,423) | (1,625) | (17,702) | 8,334 | | Operating Losses | - | (1,656) | 3,211 | (498) | 709 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (45,275) | 5,180 | (27,252) | (11,228) | (58,297) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 16,192 | 12,350 | 6,175 | 8,439 | 6,881 | | Increase in Other Current Liabilities | (143) | 4,777 | 7,190 | 8,086 | 8,341 | | Decrease in Other Working Capital | 2,351 | 3,546 | - | - | - | | Other Non-Cash Items | 4,408 | 6,731 | 4,373 | 37 | - | | Net Cash from Continuing Operations | 64,766 | 85,828 | 47,325 | 27,079 | (1,405) | | Net Cash from Discontinued Operations | (1,442) | (1,482) | 14,162 | (81) | 2,393 | | Cash from Operating Activities | 63,324 | 84,346 | 61,487 | 26,998 | 988 | | | | Sale of Property, Plant, Equipment | 1,828 | - | 8,730 | - | 2 | | Sale of Short Term Investments | 600 | - | - | - | - | | | Purchase of Property, Plant, Equipment | (4,834) | (7,399) | (5,614) | (4,848) | (3,336) | | Acquisitions | (275,747) | (17,845) | (106,798) | (10,969) | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (133) | - | (1,575) | (1,266) | (70,592) | | Cash from Investing Activities | (275,286) | (25,709) | (105,617) | (17,083) | (73,926) | | | Issuance of Debt | 163,584 | - | 17,402 | - | - | | Issuance of Capital Stock | 13,075 | 16,790 | 9,507 | 3,931 | 2,121 | | | Repayment of Debt | - | (42,523) | (63) | (77) | (1,000) | | Repurchase of Capital Stock | (9,114) | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 10,955 | 2,918 | - | - | - | | Cash from Financing Activities | 178,500 | (22,815) | 26,846 | 3,854 | 1,121 | | | | Effect of Exchange Rate Changes | - | - | - | - | (113) | | Net Change in Cash | (33,462) | 35,822 | (17,284) | 13,769 | (71,930) | | | Cash at Beginning of Year | 41,510 | 5,662 | 22,946 | 9,166 | 81,096 | | Cash at End of Period | 8,048 | 41,484 | 5,662 | 22,935 | 9,166 | | | |
