| Cash Flow for Marchex Inc. (MCHX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (1,505) | (444) | 3,908 | (733) | (2,169) | | Depreciation & Amortization | - | - | - | - | - | | Deferred Income Taxes | (5,135) | (3,109) | (2,690) | (1,832) | (1,878) | | Operating Losses | (280) | (361) | 6,744 | 2,696 | 2,569 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 5,773 | (4,833) | (13,342) | (4,464) | (1,052) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 651 | 1,801 | 1,562 | 2,847 | 1,334 | | Increase in Other Current Liabilities | 1,336 | 544 | 287 | (73) | 803 | | Decrease in Other Working Capital | (38) | (1,250) | - | - | - | | Other Non-Cash Items | 9,255 | 11,922 | - | - | - | | Net Cash from Continuing Operations | 37,069 | 30,808 | 17,457 | 3,729 | 2,907 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 37,069 | 30,808 | 17,457 | 3,729 | 2,907 | | | | Sale of Property, Plant, Equipment | 709 | 1,815 | 948 | 4 | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (14,234) | (5,872) | (2,504) | (1,006) | (543) | | Acquisitions | (13,475) | (18,220) | (190,131) | (10,790) | (16,524) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | (1,247) | (17,214) | (727) | (45) | | Cash from Investing Activities | (27,000) | (23,525) | (208,901) | (12,519) | (17,112) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 3,967 | 2,193 | 232,573 | 28,841 | 20,254 | | | Repayment of Debt | (25) | (12) | (8) | (4) | - | | Repurchase of Capital Stock | (22,849) | (26,012) | - | - | - | | Payment of Cash Dividends | (3,361) | (2,899) | (2,056) | - | - | | Other Financing Charges, Net | 2,550 | 2,463 | (907) | (1,132) | (30) | | Cash from Financing Activities | (19,718) | (24,268) | 229,602 | 27,704 | 20,224 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (9,650) | (16,985) | 38,158 | 18,914 | 6,019 | | | Cash at Beginning of Year | 46,106 | 63,091 | 24,933 | 6,019 | - | | Cash at End of Period | 36,456 | 46,106 | 63,091 | 24,933 | 6,019 | | | |
