| Cash Flow for Nanophase Technologies Corp. (NANX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (3,591) | (5,178) | (5,384) | (6,447) | (5,828) | | Depreciation & Amortization | 1,421 | 1,270 | 1,229 | 1,392 | 1,521 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | 75 | (3) | 129 | 67 | 48 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 56 | (480) | (767) | 196 | (498) | | Decrease in Inventories | (188) | 126 | 50 | (149) | 345 | | Decrease in Other Current Assets | - | - | 3 | - | (7) | | Increase in Payables | (185) | 147 | (25) | (225) | 158 | | Increase in Other Current Liabilities | (64) | - | 252 | 139 | (339) | | Decrease in Other Working Capital | - | 482 | - | - | - | | Other Non-Cash Items | 601 | 473 | - | - | - | | Net Cash from Continuing Operations | (1,638) | (3,186) | (4,409) | (4,867) | (4,446) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (1,638) | (3,186) | (4,409) | (4,867) | (4,446) | | | | Sale of Property, Plant, Equipment | 11 | 5 | - | 11 | - | | Sale of Short Term Investments | 128,426 | 84,716 | 167,922 | 273,260 | 51,564 | | | Purchase of Property, Plant, Equipment | (1,398) | (2,170) | (293) | (529) | (200) | | Acquisitions | - | - | (142) | (166) | (298) | | Purchase of Short Term Investments | (136,137) | (84,983) | (111) | (279,853) | (49,063) | | Other Investment Changes, Net | (61) | (14) | - | - | - | | Cash from Investing Activities | (9,159) | (2,446) | 2,441 | (7,277) | 2,002 | | | Issuance of Debt | - | - | 1,597 | - | 430 | | Issuance of Capital Stock | 11,266 | 5,442 | 248 | 12,693 | 2,572 | | | Repayment of Debt | (39) | (19) | (12) | (474) | (604) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | 11,227 | 5,423 | 1,833 | 12,219 | 2,399 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 431 | (208) | (134) | 75 | (46) | | | Cash at Beginning of Year | 132 | 341 | 475 | 400 | 446 | | Cash at End of Period | 563 | 132 | 341 | 475 | 400 | | | |
