| Cash Flow for Novellus Systems Inc. (NVLS) | | | | After Hours: $ 11.63 |  0.01 (+0.09%) | Volume: 300 | 4:03 PM EST Dec 2, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 213,700 | 190,016 | 110,107 | 156,690 | (67,814) | | Depreciation & Amortization | 66,924 | 69,729 | 82,776 | 89,244 | 69,570 | | Deferred Income Taxes | 31,855 | 20,790 | 22,858 | 39,025 | (14,677) | | Operating Losses | (9,168) | 1,699 | 20,651 | (308) | 115,291 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (31,511) | 82,539 | (6,167) | (146,073) | (38,898) | | Decrease in Inventories | (6,515) | (12,174) | 52,884 | (46,072) | 9,824 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 3,904 | (7,764) | 1,580 | 10,916 | (17,588) | | Increase in Other Current Liabilities | 2,948 | 35,850 | (4,921) | 77,390 | (38,428) | | Decrease in Other Working Capital | (2,999) | (18,259) | - | - | - | | Other Non-Cash Items | 36,817 | 57,642 | - | - | - | | Net Cash from Continuing Operations | 305,689 | 447,153 | 273,556 | 179,202 | 43,144 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 305,689 | 447,153 | 273,556 | 179,202 | 43,144 | | | | Sale of Property, Plant, Equipment | 47,185 | 2,235 | 5,679 | - | 1,498,644 | | Sale of Short Term Investments | 1,410,151 | 869,727 | 725,240 | 876,177 | - | | | Purchase of Property, Plant, Equipment | (33,216) | (39,384) | (44,744) | (42,958) | (31,135) | | Acquisitions | (339) | (765) | (5,384) | (142,916) | - | | Purchase of Short Term Investments | (1,042,393) | (1,045,876) | (853,334) | (849,558) | (1,600,519) | | Other Investment Changes, Net | (17,281) | (20,160) | 36,496 | (173,847) | 3,690 | | Cash from Investing Activities | 364,107 | (234,223) | (136,047) | (333,102) | (129,320) | | | Issuance of Debt | - | 4,193 | 12,726 | 153,115 | 10,224 | | Issuance of Capital Stock | 41,917 | 42,383 | 29,864 | 38,706 | 75,651 | | | Repayment of Debt | (18,160) | (10,194) | (19,902) | (20,406) | (117,053) | | Repurchase of Capital Stock | (578,474) | (249,864) | (226,652) | (410,188) | (1,312) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 855 | 15,612 | - | - | - | | Cash from Financing Activities | (553,862) | (197,870) | (203,964) | (238,773) | (32,490) | | | | Effect of Exchange Rate Changes | 674 | 3,000 | 741 | 1,612 | - | | Net Change in Cash | 116,608 | 18,060 | (65,714) | (391,061) | (118,666) | | | Cash at Beginning of Year | 58,463 | 40,403 | 106,117 | 497,178 | 615,844 | | Cash at End of Period | 175,071 | 58,463 | 40,403 | 106,117 | 497,178 | | | |
