| Cash Flow for Neose Technologies Inc. (NTEC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (28,518) | (27,107) | (51,839) | (41,642) | (37,681) | | Depreciation & Amortization | 1,901 | 2,209 | 4,322 | 6,063 | 4,818 | | Deferred Income Taxes | - | - | - | - | - | | Operating Losses | 32 | (7,272) | 13,811 | 305 | 408 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,884) | 790 | 1,809 | (1,108) | - | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | 47 | - | | Increase in Payables | (24) | 481 | (1,043) | (559) | 1,215 | | Increase in Other Current Liabilities | (1,016) | 1,101 | 21 | 150 | 4,185 | | Decrease in Other Working Capital | 1,623 | (271) | - | - | - | | Other Non-Cash Items | (4,228) | 3,177 | - | - | - | | Net Cash from Continuing Operations | (32,525) | (26,834) | (33,069) | (36,744) | (27,476) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (32,525) | (26,834) | (33,069) | (36,744) | (27,476) | | | | Sale of Property, Plant, Equipment | - | 19,373 | 110 | - | - | | Sale of Short Term Investments | - | - | 10,000 | - | 43,719 | | | Purchase of Property, Plant, Equipment | (3,656) | (898) | (792) | (9,844) | (3,455) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | (9,845) | - | (38,569) | | Other Investment Changes, Net | - | - | 75 | - | 1,250 | | Cash from Investing Activities | (3,656) | 18,475 | (452) | (4,844) | 2,945 | | | Issuance of Debt | 367 | 539 | 1,484 | 14,112 | 4,987 | | Issuance of Capital Stock | 40,486 | 14 | 30,092 | 30,177 | 39,065 | | | Repayment of Debt | (1,730) | (13,369) | (5,365) | (6,552) | (2,584) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (48) | (175) | - | 798 | 76 | | Cash from Financing Activities | 39,075 | (12,991) | 26,211 | 38,535 | 41,544 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 2,894 | (21,350) | (7,310) | (3,053) | 17,013 | | | Cash at Beginning of Year | 16,388 | 37,738 | 45,048 | 48,101 | 31,088 | | Cash at End of Period | 19,282 | 16,388 | 37,738 | 45,048 | 48,101 | | | |
