| Cash Flow for Republic Bancorp Inc. (RBCAA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 24,913 | 28,351 | 35,065 | 32,501 | 28,203 | | Provision for Loan Loss | 6,820 | 2,302 | (562) | 1,748 | 6,574 | | Depreciation & Amortization | 2,076 | 7,003 | 4,133 | 7,313 | 6,050 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | 9,896 | (9,053) | (2,319) | (1,572) | (1,881) | | Change in Liabilities (Payables) | 1,031 | 838 | 599 | 2,210 | 3,350 | | Investment Securities Gain | (8) | (300) | - | - | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (4,446) | 358 | (2,265) | (2,861) | (12,718) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (1,773) | (2,034) | 11,967 | (34) | 64,372 | | Net Cash from Operating Activities | 38,509 | 27,465 | 46,618 | 39,305 | 93,950 | | | | Proceeds from Sale/Mat. Inv. | 3,703,827 | 2,445,064 | 4,559,026 | 4,016,256 | 528,149 | | Purchase of Investment Securities | (3,715,097) | (2,478,468) | (4,520,384) | (4,158,506) | (653,676) | | Net Increase Fed. Funds Sold | (502) | (137) | (264) | (351) | (68) | | Purchase of Property & Equipment | (7,385) | (6,052) | (3,640) | (5,819) | (16,593) | | Acquisitions | - | (14,276) | - | - | - | | Other Investment Changes, Net | (103,011) | (193,091) | (284,451) | (211,169) | (275,952) | | Net Cash from Investing Activities | (122,168) | (246,960) | (249,713) | (359,589) | (418,140) | | | Net Change in Deposits | 276,087 | 36,016 | 184,635 | 120,818 | 221,093 | | Cash Dividends paid | (8,279) | (7,055) | (6,020) | (4,968) | (8,305) | | Repayment of Long Term Debt | (323,223) | (242,561) | (93,091) | (24,716) | (75,818) | | Change in Short Term Debt | (3,590) | 109,627 | (72,569) | 144,483 | 30,940 | | Issuance of Long term Debt | 155,201 | 328,000 | 199,077 | 100,925 | 176,697 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 1,351 | 611 | 202 | 794 | 985 | | Purchase of Treasury Stock | (9,324) | (699) | (9,820) | (383) | (379) | | Other Financing Activities | - | - | - | - | - | | Cash from Financing Activities | 88,223 | 223,939 | 202,414 | 336,953 | 345,213 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 4,564 | 4,444 | (681) | 16,669 | 21,023 | | | Cash at Beginning of Period | 81,613 | 77,169 | 77,850 | 61,181 | 39,853 | | Cash at End of Period | 86,177 | 81,613 | 77,169 | 77,850 | 60,876 | | | |
