| Cash Flow for Q.E.P. Co. Inc. (QEPC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 02/2008 | 02/2007 | 02/2006 | 02/2005 | 02/2004 | | | Net Income | 2,196 | (5,573) | (1,246) | 3,955 | 3,488 | | Depreciation & Amortization | 2,089 | 2,568 | 3,906 | 3,258 | 2,861 | | Deferred Income Taxes | 1,522 | (3,657) | 235 | 150 | 436 | | Operating Losses | 1,080 | - | 245 | (954) | 1,067 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 1,708 | (1,256) | (6,500) | (1,431) | (1,773) | | Decrease in Inventories | (254) | 7,355 | (1,832) | 292 | 1,257 | | Decrease in Other Current Assets | - | - | - | 284 | (166) | | Increase in Payables | (646) | (3,926) | 7,136 | 1,019 | 2,236 | | Increase in Other Current Liabilities | - | - | - | - | - | | Decrease in Other Working Capital | 115 | (78) | (660) | - | - | | Other Non-Cash Items | 528 | 7,045 | - | - | - | | Net Cash from Continuing Operations | 7,212 | 4,859 | 1,760 | 6,675 | 9,257 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 7,212 | 4,859 | 1,760 | 6,675 | 9,257 | | | | Sale of Property, Plant, Equipment | 4,045 | - | - | - | 245 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (2,981) | (730) | (2,188) | (2,853) | (2,586) | | Acquisitions | - | - | (2,512) | (3,027) | (3,602) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | 1,064 | (730) | (4,700) | (5,880) | (5,942) | | | Issuance of Debt | 3,509 | 443 | 5,489 | 4,434 | 6,367 | | Issuance of Capital Stock | 34 | 297 | 9 | 255 | 193 | | | Repayment of Debt | (9,368) | (4,656) | (3,682) | (3,799) | (9,501) | | Repurchase of Capital Stock | (120) | (120) | (120) | (136) | (90) | | Payment of Cash Dividends | (22) | (22) | (16) | (11) | (10) | | Other Financing Charges, Net | (2,300) | - | - | - | - | | Cash from Financing Activities | (8,267) | (4,058) | 1,680 | 743 | (3,041) | | | | Effect of Exchange Rate Changes | 118 | (101) | 243 | (626) | 379 | | Net Change in Cash | 127 | (30) | (1,017) | 913 | 652 | | | Cash at Beginning of Year | 822 | 852 | 1,869 | 957 | 304 | | Cash at End of Period | 949 | 822 | 852 | 1,869 | 957 | | | |
