| Cash Flow for Polaris Industries Inc. (PII) | | | | After Hours: $ 45.09 | 0.00 (0.00%) | Volume: 724 | 4:32 PM EDT Aug 29, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 111,650 | 106,577 | 143,278 | 104,504 | 110,929 | | Depreciation & Amortization | 62,093 | 71,164 | 67,936 | 59,339 | 54,780 | | Deferred Income Taxes | (10,276) | 1,299 | 2,676 | (1,460) | (8,131) | | Operating Losses | - | - | (3,071) | 37,301 | 4,975 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (19,069) | 14,534 | (7,178) | (20,598) | (884) | | Decrease in Inventories | 12,191 | (28,513) | (28,396) | (6,686) | (26,977) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (10,627) | 3,608 | 762 | 33,258 | (22,475) | | Increase in Other Current Liabilities | 48,167 | (16,771) | 6,791 | 35,260 | 45,830 | | Decrease in Other Working Capital | - | - | - | - | (2,282) | | Other Non-Cash Items | 14,445 | (6,147) | - | - | - | | Net Cash from Continuing Operations | 212,218 | 146,541 | 177,629 | 245,356 | 155,765 | | Net Cash from Discontinued Operations | (2,060) | (918) | (16,101) | 1,472 | - | | Cash from Operating Activities | 210,158 | 145,623 | 161,528 | 246,828 | 155,765 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (63,747) | (52,636) | (89,770) | (88,836) | (61,436) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | 84,182 | 21,584 | (31,361) | (7,320) | (5,093) | | Cash from Investing Activities | 20,435 | (31,052) | (121,131) | (97,247) | (66,529) | | | Issuance of Debt | 368,000 | 1,131,000 | 795,000 | 428,000 | 453,001 | | Issuance of Capital Stock | 11,729 | 9,172 | 20,045 | 11,821 | 12,133 | | | Repayment of Debt | (418,000) | (899,000) | (795,000) | (428,008) | (453,020) | | Repurchase of Capital Stock | (103,100) | (307,621) | (132,280) | (66,830) | (73,125) | | Payment of Cash Dividends | (47,739) | (50,234) | (46,956) | (38,856) | (26,657) | | Other Financing Charges, Net | 2,232 | 2,003 | - | - | - | | Cash from Financing Activities | (186,878) | (114,680) | (159,191) | (93,873) | (87,668) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 43,715 | (109) | (118,794) | 55,708 | 1,568 | | | Cash at Beginning of Year | 19,566 | 19,675 | 138,469 | 82,761 | 81,193 | | Cash at End of Period | 63,281 | 19,566 | 19,675 | 138,469 | 82,761 | | | |
