| Cash Flow for PAETEC Holding Corp. (PAET) | | | | After Hours: $ 3.42 |  0.12 (+3.64%) | Volume: 151 | 4:04 PM EDT Aug 29, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 10,528 | 7,803 | 14,474 | 77,635 | | Depreciation & Amortization | 75,237 | 34,618 | 29,076 | 22,808 | | Deferred Income Taxes | 7,221 | 7,081 | 12,978 | (38,235) | | Operating Losses | 61 | 2,717 | (1,405) | 370 | | Extraordinary Losses | - | - | - | - | | | Decrease in Receivables | (20,572) | (11,427) | (9,447) | (8,857) | | Decrease in Inventories | - | - | - | - | | Decrease in Other Current Assets | - | - | - | 68 | | Increase in Payables | 12,025 | 6,993 | (2,390) | 2,968 | | Increase in Other Current Liabilities | (5,370) | 4,469 | 9,004 | 205 | | Decrease in Other Working Capital | (130) | 163 | 15 | - | | Other Non-Cash Items | 33,105 | (27) | 10,799 | - | | Net Cash from Continuing Operations | 113,116 | 53,555 | 64,451 | 57,894 | | Net Cash from Discontinued Operations | - | - | - | - | | Cash from Operating Activities | 113,116 | 53,555 | 64,451 | 57,894 | | | | Sale of Property, Plant, Equipment | 22 | 116 | - | - | | Sale of Short Term Investments | - | - | - | - | | | Purchase of Property, Plant, Equipment | (82,722) | (41,032) | (29,607) | (24,034) | | Acquisitions | (254,975) | (4,972) | (2,201) | (14,566) | | Purchase of Short Term Investments | - | - | - | - | | Other Investment Changes, Net | - | (1,974) | - | - | | Cash from Investing Activities | (337,675) | (47,862) | (31,808) | (38,600) | | | Issuance of Debt | 1,100,000 | 375,997 | - | - | | Issuance of Capital Stock | 36,343 | 16 | 5 | 49 | | | Repayment of Debt | (828,230) | (122,359) | (28,789) | (22,558) | | Repurchase of Capital Stock | - | (250,750) | - | - | | Payment of Cash Dividends | - | - | - | - | | Other Financing Charges, Net | (17,838) | (11,106) | (347) | (2,727) | | Cash from Financing Activities | 290,275 | (8,202) | (29,131) | (25,236) | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash | 65,716 | (2,509) | 3,512 | (5,942) | | | Cash at Beginning of Year | 46,885 | 49,394 | 45,882 | 51,824 | | Cash at End of Period | 112,601 | 46,885 | 49,394 | 45,882 | | | |
