| Cash Flow for Quality Distribution Inc. (QLTY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (7,563) | 54,207 | 11,873 | (10,557) | (67,102) | | Depreciation & Amortization | 19,688 | 17,777 | 16,714 | 23,102 | 26,233 | | Deferred Income Taxes | (6,029) | 6,796 | (266) | (473) | 796 | | Operating Losses | 746 | (5,876) | 5,837 | 10,233 | 66,313 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (2,545) | 15,992 | (752) | (25,243) | (5,907) | | Decrease in Inventories | - | - | - | - | 80 | | Decrease in Other Current Assets | (309) | (1,367) | (912) | (1,056) | 1,805 | | Increase in Payables | (288) | (6,915) | (4,512) | 23,347 | 3,991 | | Increase in Other Current Liabilities | 4,558 | (954) | (12,385) | (3,886) | (8,860) | | Decrease in Other Working Capital | (357) | (11,569) | (7,537) | - | - | | Other Non-Cash Items | 6,151 | (40,965) | - | - | - | | Net Cash from Continuing Operations | 14,052 | 27,126 | 8,060 | 15,467 | 17,349 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 14,052 | 27,126 | 8,060 | 15,467 | 17,349 | | | | Sale of Property, Plant, Equipment | 6,394 | 10,726 | 4,258 | 3,094 | 2,611 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (10,557) | (13,760) | (19,342) | (9,916) | (8,892) | | Acquisitions | (59,236) | (6,447) | - | (781) | (6,100) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (63,399) | (9,481) | (15,084) | (7,603) | (12,381) | | | Issuance of Debt | 170,872 | 211,930 | 223,900 | 3,800 | 264,651 | | Issuance of Capital Stock | 70 | 203 | - | 17 | 120,638 | | | Repayment of Debt | (108,646) | (224,263) | (214,742) | (8,501) | (376,932) | | Repurchase of Capital Stock | - | - | - | - | (22) | | Payment of Cash Dividends | (145) | - | (145) | (145) | (145) | | Other Financing Charges, Net | (9,957) | (344) | (3,155) | (1,241) | (12,923) | | Cash from Financing Activities | 52,194 | (12,474) | 5,858 | (6,070) | (4,733) | | | | Effect of Exchange Rate Changes | 23 | 34 | 102 | (49) | 59 | | Net Change in Cash | 2,870 | 5,205 | (1,064) | 1,745 | 294 | | | Cash at Beginning of Year | 6,841 | 1,636 | 2,700 | 955 | 661 | | Cash at End of Period | 9,711 | 6,841 | 1,636 | 2,700 | 955 | | | |
