| Cash Flow for Radcom Ltd. (RDCM) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | N/A | (54) | 1,527 | (1,678) | (6,225) | | Depreciation & Amortization | N/A | 603 | 579 | 797 | 1,145 | | Deferred Income Taxes | N/A | - | - | - | - | | Operating Losses | N/A | 7 | (27) | 9 | 217 | | Extraordinary Losses | N/A | - | - | - | - | | | Decrease in Receivables | N/A | (2,735) | (2,515) | (1,572) | (786) | | Decrease in Inventories | N/A | (1,180) | 143 | (892) | 279 | | Decrease in Other Current Assets | N/A | (508) | 1,734 | (120) | 255 | | Increase in Payables | N/A | 380 | 138 | 864 | (147) | | Increase in Other Current Liabilities | N/A | 276 | (190) | 413 | 853 | | Decrease in Other Working Capital | N/A | 135 | - | - | - | | Other Non-Cash Items | N/A | 485 | - | - | - | | Net Cash from Continuing Operations | N/A | (2,591) | 1,389 | (2,179) | (4,409) | | Net Cash from Discontinued Operations | N/A | - | - | - | - | | Cash from Operating Activities | N/A | (2,591) | 1,389 | (2,179) | (4,409) | | | | Sale of Property, Plant, Equipment | N/A | 8 | - | 40 | 34 | | Sale of Short Term Investments | N/A | - | 2,000 | 1,000 | 3,000 | | | Purchase of Property, Plant, Equipment | N/A | (327) | (336) | (292) | (222) | | Acquisitions | N/A | - | - | - | - | | Purchase of Short Term Investments | N/A | (7,987) | - | (3,000) | - | | Other Investment Changes, Net | N/A | - | - | - | - | | Cash from Investing Activities | N/A | (8,306) | 1,664 | (2,252) | 2,812 | | | Issuance of Debt | N/A | - | - | - | - | | Issuance of Capital Stock | N/A | 2,384 | 909 | 5,375 | 4 | | | Repayment of Debt | N/A | - | - | - | - | | Repurchase of Capital Stock | N/A | - | - | - | - | | Payment of Cash Dividends | N/A | - | - | - | - | | Other Financing Charges, Net | N/A | - | - | - | - | | Cash from Financing Activities | N/A | 2,384 | 909 | 5,375 | 4 | | | | Effect of Exchange Rate Changes | N/A | - | - | - | - | | Net Change in Cash | N/A | (8,513) | 3,962 | 944 | (1,593) | | | Cash at Beginning of Year | N/A | 10,520 | 6,558 | 5,614 | 7,207 | | Cash at End of Period | N/A | 2,007 | 10,520 | 6,558 | 5,614 | | | |
