| Cash Flow for ParkOhio Holdings Corp. (PKOH) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 21,197 | 24,179 | 30,808 | 14,199 | (11,821) | | Depreciation & Amortization | 20,611 | 20,140 | 17,346 | 15,468 | 15,562 | | Deferred Income Taxes | 4,342 | (4,632) | (6,525) | - | - | | Operating Losses | 2,214 | (9) | 1,776 | - | 18,641 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 9,536 | (16,219) | 5,507 | (35,606) | 539 | | Decrease in Inventories | 8,527 | (28,443) | (1,699) | (26,541) | 6,991 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (22,246) | 16,956 | (959) | 39,419 | (11,984) | | Increase in Other Current Liabilities | - | - | (11,753) | (5,306) | (4,623) | | Decrease in Other Working Capital | (14,778) | (6,996) | - | - | - | | Other Non-Cash Items | 2,063 | 1,086 | - | - | - | | Net Cash from Continuing Operations | 31,466 | 6,063 | 34,501 | 1,633 | 13,305 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 31,466 | 6,063 | 34,501 | 1,633 | 13,305 | | | | Sale of Property, Plant, Equipment | 4,365 | 3,200 | 1,100 | - | 7,340 | | Sale of Short Term Investments | 662 | - | - | - | - | | | Purchase of Property, Plant, Equipment | (21,876) | (20,756) | (20,295) | (11,955) | (10,869) | | Acquisitions | - | (23,271) | (12,181) | (9,997) | - | | Purchase of Short Term Investments | (5,142) | - | - | - | - | | Other Investment Changes, Net | - | 9,420 | - | - | - | | Cash from Investing Activities | (21,991) | (31,407) | (31,376) | (21,952) | (3,529) | | | Issuance of Debt | - | 28,150 | 8,342 | 223,190 | 112,000 | | Issuance of Capital Stock | 340 | 193 | 217 | 498 | 29 | | | Repayment of Debt | (14,751) | - | - | (199,930) | (126,899) | | Repurchase of Capital Stock | (2,189) | (58) | (145) | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | (16,600) | 28,285 | 8,414 | 23,758 | (14,870) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (7,125) | 2,941 | 11,539 | 3,439 | (5,094) | | | Cash at Beginning of Year | 21,637 | 18,696 | 7,157 | 3,718 | 8,812 | | Cash at End of Period | 14,512 | 21,637 | 18,696 | 7,157 | 3,718 | | | |
