| Cash Flow for Natus Medical Inc. (BABY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 9,780 | (927) | 6,152 | (2,407) | (2,744) | | Depreciation & Amortization | 4,947 | 3,921 | 1,988 | 1,849 | 1,469 | | Deferred Income Taxes | 1,573 | (1,899) | - | - | - | | Operating Losses | 345 | 9,800 | (22) | 2,174 | 48 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (3,125) | (5,683) | (1,567) | (769) | 401 | | Decrease in Inventories | (3,970) | (2,045) | 840 | 903 | (553) | | Decrease in Other Current Assets | - | - | (465) | (95) | 135 | | Increase in Payables | (424) | (201) | (131) | (125) | (329) | | Increase in Other Current Liabilities | (982) | 335 | 1,088 | 1,266 | (1,145) | | Decrease in Other Working Capital | 813 | (1,271) | - | - | - | | Other Non-Cash Items | 1,981 | 1,203 | - | - | - | | Net Cash from Continuing Operations | 10,938 | 3,233 | 7,883 | 2,796 | (2,591) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 10,938 | 3,233 | 7,883 | 2,796 | (2,591) | | | | Sale of Property, Plant, Equipment | - | 2,492 | - | - | - | | Sale of Short Term Investments | - | 12,163 | 32,188 | 40,779 | 48,666 | | | Purchase of Property, Plant, Equipment | (2,775) | (2,432) | (931) | - | (1,346) | | Acquisitions | (49,951) | (71,773) | (480) | (7,277) | (3,735) | | Purchase of Short Term Investments | - | - | (24,866) | (31,976) | (49,855) | | Other Investment Changes, Net | - | 83 | 10 | 79 | (5) | | Cash from Investing Activities | (52,726) | (59,467) | 5,921 | 1,946 | (6,282) | | | Issuance of Debt | 35,000 | 10,000 | - | - | - | | Issuance of Capital Stock | 2,045 | 30,981 | 10,160 | 2,308 | 504 | | | Repayment of Debt | (18) | (10,000) | - | - | (161) | | Repurchase of Capital Stock | - | - | - | (307) | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 598 | 1,051 | - | - | - | | Cash from Financing Activities | 37,625 | 32,032 | 10,160 | 2,001 | 343 | | | | Effect of Exchange Rate Changes | 687 | (452) | (157) | 61 | 197 | | Net Change in Cash | (3,476) | (24,654) | 23,807 | 6,804 | (8,333) | | | Cash at Beginning of Year | 15,392 | 40,046 | 16,239 | 9,435 | 17,768 | | Cash at End of Period | 11,916 | 15,392 | 40,046 | 16,239 | 9,435 | | | |
