| Cash Flow for O2Micro International Ltd. (OIIM) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 24,984 | 743 | 8,147 | 14,084 | 13,201 | | Depreciation & Amortization | 6,927 | 4,947 | 3,684 | 2,692 | 2,623 | | Deferred Income Taxes | (194) | (845) | 527 | (68) | 386 | | Operating Losses | (2) | (2,461) | 8 | (337) | 90 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (5,613) | (7,527) | (2,029) | 363 | (2,199) | | Decrease in Inventories | (8,164) | 1,867 | (4,712) | (1,618) | (2,646) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 990 | - | - | (2,699) | 1,132 | | Increase in Other Current Liabilities | (36) | 3,699 | 7,851 | 2,604 | 2,308 | | Decrease in Other Working Capital | (7) | 90 | - | - | - | | Other Non-Cash Items | 2,564 | 3,345 | - | - | - | | Net Cash from Continuing Operations | 21,383 | 3,278 | 11,019 | 14,129 | 14,756 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 21,383 | 3,278 | 11,019 | 14,129 | 14,756 | | | | Sale of Property, Plant, Equipment | - | 4 | - | 2 | 1 | | Sale of Short Term Investments | 60 | 134,297 | 158,132 | 155,021 | 105,146 | | | Purchase of Property, Plant, Equipment | (8,123) | (23,367) | (14,870) | - | (1,749) | | Acquisitions | - | - | - | (8,354) | - | | Purchase of Short Term Investments | (75,499) | (98,755) | (151,562) | (166,045) | (116,138) | | Other Investment Changes, Net | 2,682 | (2,410) | (5,162) | (2,011) | (10,633) | | Cash from Investing Activities | (14,268) | 1,696 | (19,281) | (25,228) | (23,520) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 3,374 | 1,339 | 2,295 | 2,314 | 6,575 | | | Repayment of Debt | - | - | - | - | (6) | | Repurchase of Capital Stock | (4,330) | (7,550) | (4,355) | (1,368) | (647) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | (956) | (6,211) | (2,060) | 946 | 5,922 | | | | Effect of Exchange Rate Changes | 1,000 | 300 | 377 | (16) | (3) | | Net Change in Cash | 7,159 | (937) | (9,945) | (10,169) | (2,845) | | | Cash at Beginning of Year | 45,438 | 46,375 | 56,320 | 66,489 | 69,334 | | Cash at End of Period | 52,597 | 45,438 | 46,375 | 56,320 | 66,489 | | | |
