| Cash Flow for OmniVision Technologies Inc. (OVTI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 04/2008 | 04/2007 | 04/2006 | 04/2005 | 04/2004 | | | Net Income | 65,075 | 23,973 | 89,148 | 76,387 | 58,745 | | Depreciation & Amortization | 13,644 | 13,012 | 10,598 | 3,037 | 1,952 | | Deferred Income Taxes | (7,530) | 2,498 | - | - | 1,124 | | Operating Losses | (6,889) | 2,121 | 2,557 | 3,307 | 18,396 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (39,658) | (8,206) | (2,340) | (5,870) | (34,380) | | Decrease in Inventories | (19,532) | (70,131) | 3,414 | (16,374) | (25,160) | | Decrease in Other Current Assets | - | - | - | 1,391 | - | | Increase in Payables | (6,843) | 34,375 | 15,449 | (1,939) | 15,395 | | Increase in Other Current Liabilities | 3,138 | 28,730 | 27,207 | 28,979 | 9,018 | | Decrease in Other Working Capital | - | - | (5,314) | - | - | | Other Non-Cash Items | 51,995 | 36,002 | 2,861 | - | - | | Net Cash from Continuing Operations | 67,606 | 42,509 | 136,867 | 88,757 | 43,675 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 67,606 | 42,509 | 136,867 | 88,757 | 43,675 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 141,859 | 247,838 | 194,322 | 148,350 | 21,021 | | | Purchase of Property, Plant, Equipment | (30,657) | (83,335) | (28,155) | (1,483) | (10,118) | | Acquisitions | - | (20,646) | 13,792 | (13,528) | - | | Purchase of Short Term Investments | (77,963) | (259,208) | (184,372) | (148,233) | (27,954) | | Other Investment Changes, Net | - | - | - | 196 | (1,072) | | Cash from Investing Activities | 24,239 | (142,351) | (16,884) | (14,698) | (22,388) | | | Issuance of Debt | 6,000 | 27,927 | 3,981 | - | - | | Issuance of Capital Stock | 15,264 | 10,628 | 19,151 | 5,400 | 126,333 | | | Repayment of Debt | (727) | (142) | (4,008) | - | - | | Repurchase of Capital Stock | (86,200) | - | (79,568) | - | - | | Payment of Cash Dividends | (226) | - | - | - | - | | Other Financing Charges, Net | 585 | 12,086 | 9,500 | - | - | | Cash from Financing Activities | (65,305) | 50,499 | (50,944) | 5,400 | 126,333 | | | | Effect of Exchange Rate Changes | (79) | (6) | 731 | (55) | (5) | | Net Change in Cash | 26,462 | (49,349) | 69,770 | 79,404 | 147,615 | | | Cash at Beginning of Year | 190,878 | 240,227 | 170,457 | 124,653 | 50,438 | | Cash at End of Period | 217,340 | 190,878 | 240,227 | 204,057 | 198,053 | | | |
