| Cash Flow for Regency Energy Partners LP (RGNC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Net Income | (19,628) | (7,244) | (11,224) | | Depreciation & Amortization | 53,734 | 39,287 | 23,092 | | Deferred Income Taxes | - | - | - | | Operating Losses | 16,146 | (532) | 18,417 | | Extraordinary Losses | - | - | - | | | Decrease in Receivables | (30,608) | (5,506) | (29,567) | | Decrease in Inventories | - | - | - | | Decrease in Other Current Assets | (1,293) | 104 | (1,237) | | Increase in Payables | 36,319 | (1,359) | 32,722 | | Increase in Other Current Liabilities | (149) | 3,640 | (1,182) | | Decrease in Other Working Capital | (720) | 4,361 | - | | Other Non-Cash Items | 20,612 | 11,405 | - | | Net Cash from Continuing Operations | 74,413 | 44,156 | 31,021 | | Net Cash from Discontinued Operations | - | - | - | | Cash from Operating Activities | 74,413 | 44,156 | 31,021 | | | | Sale of Property, Plant, Equipment | 11,706 | - | 7,099 | | Sale of Short Term Investments | - | - | - | | | Purchase of Property, Plant, Equipment | (123,302) | (142,423) | (151,486) | | Acquisitions | (39,855) | (81,695) | (5,808) | | Purchase of Short Term Investments | - | - | - | | Other Investment Changes, Net | - | 500 | - | | Cash from Investing Activities | (151,451) | (223,650) | (150,195) | | | Issuance of Debt | 353,546 | 1,235,525 | 110,000 | | Issuance of Capital Stock | 59,300 | 338,863 | - | | | Repayment of Debt | (242,500) | (1,013,600) | (5,429) | | Repurchase of Capital Stock | - | (26,163) | - | | Payment of Cash Dividends | - | (37,144) | - | | Other Financing Charges, Net | (74,625) | (312,534) | 15,000 | | Cash from Financing Activities | 95,721 | 184,947 | 119,571 | | | | Effect of Exchange Rate Changes | - | - | - | | Net Change in Cash | 18,683 | 5,453 | 397 | | | Cash at Beginning of Year | 9,139 | 3,686 | 3,272 | | Cash at End of Period | 27,822 | 9,139 | 3,669 | | | |
