| Cash Flow for Quanta Capital Holdings Ltd. (QNTA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 20,051 | (50,655) | (105,952) | (54,581) | | Provision for Loan Loss | - | - | - | - | | Depreciation & Amortization | (4,436) | (1,706) | 4,146 | 5,129 | | Deferred Income Taxes | (5,277) | - | - | - | | Change in Assets (Receivables) | 56,052 | 44,100 | (5,755) | (12,422) | | Change in Liabilities (Payables) | (138,062) | (168,011) | 62,199 | 70,593 | | Investment Securities Gain | (2,794) | 15,945 | - | - | | Net Policy Acquisition Cost | 7,136 | 20,993 | - | - | | Realized Investment Gains | (4,315) | 472 | 13,020 | (228) | | Net Premiums Receivables | (23,325) | 87,971 | (53) | (135,823) | | Change in Income Taxes | 5,277 | - | - | - | | Other Non-Cash Items | (3,113) | 7,726 | 188,411 | 258,857 | | Net Cash from Operating Activities | (92,806) | (43,165) | 156,016 | 131,525 | | | | Proceeds from Sale/Mat. Inv. | 1,104,661 | 2,589,620 | 1,407,597 | 940,704 | | Purchase of Investment Securities | (894,710) | (2,697,430) | (1,564,491) | (1,109,262) | | Net Increase Fed. Funds Sold | - | - | - | - | | Purchase of Property & Equipment | (590) | 173 | (3,408) | (5,198) | | Acquisitions | - | - | - | - | | Other Investment Changes, Net | - | 4,317 | - | - | | Net Cash from Investing Activities | 209,361 | (103,320) | (160,302) | (173,756) | | | Net Change in Deposits | - | - | - | - | | Cash Dividends paid | - | (1,916) | - | - | | Repayment of Long Term Debt | (54,501) | - | - | - | | Change in Short Term Debt | - | - | - | - | | Issuance of Long term Debt | - | - | 19,591 | 38,776 | | Issuance of Preferred Stock | (72,634) | 3,160 | 71,838 | - | | Issuance of Common Stock | - | - | 58,217 | - | | Purchase of Treasury Stock | - | - | - | - | | Other Financing Activities | - | - | - | (464) | | Cash from Financing Activities | (127,135) | 1,244 | 149,646 | 38,312 | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash & Equivalents | (10,580) | (145,241) | 145,360 | (3,919) | | | Cash at Beginning of Period | 32,894 | 178,135 | 32,775 | 36,694 | | Cash at End of Period | 22,314 | 32,894 | 178,135 | 32,775 | | | |
