| Cash Flow for Republic Airways Holdings Inc. (RJET) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 82,758 | 79,510 | 60,654 | 44,771 | | Depreciation & Amortization | 111,699 | 91,355 | 64,877 | 33,455 | | Deferred Income Taxes | 51,090 | 51,404 | 37,606 | 28,169 | | Operating Losses | 255 | (118) | (2,567) | 1,232 | | Extraordinary Losses | - | - | - | - | | | Decrease in Receivables | (7,944) | (2,939) | (10,323) | 4,212 | | Decrease in Inventories | (11,419) | (11,448) | 1,276 | (3,115) | | Decrease in Other Current Assets | 1,554 | 1,474 | (4,907) | (1,036) | | Increase in Payables | 11,299 | 10,546 | 1,152 | 1,402 | | Increase in Other Current Liabilities | 4,022 | 16,826 | 28,980 | 7,116 | | Decrease in Other Working Capital | 34,057 | (11,261) | (5,869) | - | | Other Non-Cash Items | 3,119 | 3,798 | - | - | | Net Cash from Continuing Operations | 280,490 | 229,147 | 170,879 | 116,206 | | Net Cash from Discontinued Operations | - | - | - | - | | Cash from Operating Activities | 280,490 | 229,147 | 170,879 | 116,206 | | | | Sale of Property, Plant, Equipment | 15,798 | 18,180 | 2,479 | 674 | | Sale of Short Term Investments | - | - | - | - | | | Purchase of Property, Plant, Equipment | (99,545) | (89,255) | (178,568) | (62,740) | | Acquisitions | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | | Other Investment Changes, Net | 7,279 | (43,435) | 937 | (38,762) | | Cash from Investing Activities | (76,468) | (114,510) | (175,152) | (100,828) | | | Issuance of Debt | - | - | 650 | 3,806 | | Issuance of Capital Stock | 8,182 | 3,025 | 186,765 | 59,150 | | | Repayment of Debt | (93,475) | (79,900) | (54,613) | (47,432) | | Repurchase of Capital Stock | (142,411) | - | (4,694) | (3,562) | | Payment of Cash Dividends | - | - | - | - | | Other Financing Charges, Net | (7,842) | (4,239) | (8,050) | (2,655) | | Cash from Financing Activities | (235,546) | (81,114) | 120,058 | 9,307 | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash | (31,524) | 33,523 | 115,785 | 24,685 | | | Cash at Beginning of Year | 195,528 | 162,005 | 46,220 | 21,535 | | Cash at End of Period | 164,004 | 195,528 | 162,005 | 46,220 | | | |
