| Cash Flow for Outdoor Channel Holdings Inc. (OUTD) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (1,878) | (7,325) | 2,493 | (26,719) | 3,593 | | Depreciation & Amortization | 2,665 | 3,478 | 2,234 | 1,259 | 880 | | Deferred Income Taxes | 1,628 | (3,915) | 3,190 | (19,310) | 70 | | Operating Losses | - | - | 214 | 54,075 | 3,527 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 373 | (84) | (2,238) | (2,341) | (1,651) | | Decrease in Inventories | - | - | - | (17) | 19 | | Decrease in Other Current Assets | (340) | (240) | (998) | 198 | (1,377) | | Increase in Payables | 1,344 | 38 | (841) | 1,914 | 874 | | Increase in Other Current Liabilities | (388) | 347 | 228 | (417) | 255 | | Decrease in Other Working Capital | (378) | (1,212) | - | - | - | | Other Non-Cash Items | 8,959 | 6,354 | - | - | - | | Net Cash from Continuing Operations | 11,665 | 6,649 | 2,882 | 8,045 | 6,190 | | Net Cash from Discontinued Operations | (619) | - | - | - | - | | Cash from Operating Activities | 11,046 | 6,649 | 2,882 | 8,045 | 6,190 | | | | Sale of Property, Plant, Equipment | 12 | - | - | - | - | | Sale of Short Term Investments | 126,760 | 129,255 | - | 85 | 36 | | | Purchase of Property, Plant, Equipment | (1,259) | (2,488) | (10,559) | (2,549) | (1,924) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (130,945) | (132,505) | (64,652) | (255) | (443) | | Other Investment Changes, Net | - | - | - | (593) | 36 | | Cash from Investing Activities | (1,904) | (5,738) | (48,661) | (3,312) | (2,295) | | | Issuance of Debt | - | - | 4,950 | 1,315 | - | | Issuance of Capital Stock | 1,195 | 913 | 46,084 | - | 268 | | | Repayment of Debt | - | (4,901) | (84) | (157) | (197) | | Repurchase of Capital Stock | (823) | (568) | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 1,520 | 816 | - | - | - | | Cash from Financing Activities | 1,892 | (3,740) | 50,950 | 1,158 | 72 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 11,034 | (2,829) | 5,171 | 5,891 | 3,966 | | | Cash at Beginning of Year | 14,226 | 18,276 | 13,105 | 7,214 | 3,248 | | Cash at End of Period | 25,260 | 15,447 | 18,276 | 13,105 | 7,214 | | | |
