| Cash Flow for RCN Corp. (RCNI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (152,037) | (11,856) | (138,601) | (3,688) | (325,701) | | Depreciation & Amortization | 195,239 | 192,964 | 190,322 | 5,218 | 197,267 | | Deferred Income Taxes | (1,049) | 145 | - | - | - | | Operating Losses | 827 | (123,251) | (9,247) | 342 | (17,820) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (10,448) | (15,642) | (6,003) | 14,555 | (2,931) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | (1,231) | 1,437 | (6,237) | (36,063) | (4,579) | | Increase in Other Current Liabilities | (14,547) | (4,209) | 10,443 | 5,842 | (22,286) | | Decrease in Other Working Capital | (1,542) | (1,464) | - | 1,112 | (13,049) | | Other Non-Cash Items | 110,341 | 54,553 | 17,177 | - | - | | Net Cash from Continuing Operations | 126,293 | 93,981 | 60,187 | (12,682) | (173,337) | | Net Cash from Discontinued Operations | (17,129) | 1,034 | 239 | - | 3,087 | | Cash from Operating Activities | 109,164 | 95,015 | 60,426 | (12,682) | (170,250) | | | | Sale of Property, Plant, Equipment | 1,955 | 999 | 6,259 | - | 257,052 | | Sale of Short Term Investments | 13,022 | 13,828 | 9,020 | 21,854 | 227,641 | | | Purchase of Property, Plant, Equipment | (115,510) | (86,195) | (89,340) | - | (87,481) | | Acquisitions | (261,843) | (40,854) | (2,244) | (14,933) | - | | Purchase of Short Term Investments | - | - | (21,559) | - | - | | Other Investment Changes, Net | - | - | - | - | (202,348) | | Cash from Investing Activities | (315,742) | 194,626 | (97,874) | 6,921 | 194,864 | | | Issuance of Debt | 745,000 | 75,000 | - | - | 27,806 | | Issuance of Capital Stock | 5,793 | 9,127 | 1,410 | - | 53 | | | Repayment of Debt | (219,480) | (372,532) | (6,080) | - | (70,590) | | Repurchase of Capital Stock | (6,960) | (1,388) | - | - | - | | Payment of Cash Dividends | (348,380) | - | - | - | - | | Other Financing Charges, Net | (13,944) | (4,412) | (515) | - | (12,853) | | Cash from Financing Activities | 162,029 | (294,205) | (5,185) | - | (55,584) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (44,549) | (4,564) | (42,633) | (5,761) | (30,970) | | | Cash at Beginning of Year | 66,342 | 70,906 | 113,539 | 60,112 | 49,365 | | Cash at End of Period | 21,793 | 66,342 | 70,906 | 54,351 | 18,395 | | | |
