| Cash Flow for Restoration Hardware Inc. (RSTO) | | | | | | | Cash Flow | in Thousands of Dollars | | | 01/2008 | 01/2007 | 01/2006 | 01/2005 | 01/2004 | | | Net Income | (51,936) | 3,252 | (29,307) | 1,704 | (2,941) | | Depreciation & Amortization | 23,120 | 21,696 | 19,603 | 15,946 | 18,021 | | Deferred Income Taxes | (197) | (554) | 25,864 | (2,442) | (2,267) | | Operating Losses | 63 | 878 | 294 | - | - | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,235) | (1,280) | 1,799 | (1,200) | (2,393) | | Decrease in Inventories | (7,581) | (34,158) | (14,462) | (41,259) | (8,426) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 7,344 | 15,315 | (1,401) | 18,628 | 9,643 | | Increase in Other Current Liabilities | 5,608 | 4,016 | (1,081) | 1,017 | (1,341) | | Decrease in Other Working Capital | (6,265) | (3,818) | - | - | - | | Other Non-Cash Items | 7,790 | 4,021 | - | - | - | | Net Cash from Continuing Operations | (21,354) | (310) | 4,401 | (9,804) | 11,459 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (21,354) | (310) | 4,401 | (9,804) | 11,459 | | | | Sale of Property, Plant, Equipment | - | 464 | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (13,282) | (15,152) | (29,695) | (13,380) | (9,229) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (13,282) | (14,688) | (29,695) | (13,380) | (9,229) | | | Issuance of Debt | 815,664 | 10,188 | 24,475 | 23,202 | - | | Issuance of Capital Stock | 830 | 4,894 | 1,623 | 704 | 1,110 | | | Repayment of Debt | (782,453) | (333) | (125) | (209) | (4,302) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (210) | (101) | (575) | (161) | 616 | | Cash from Financing Activities | 33,831 | 14,648 | 25,398 | 23,536 | (2,576) | | | | Effect of Exchange Rate Changes | 573 | (179) | (18) | (451) | 719 | | Net Change in Cash | (232) | (529) | 86 | (99) | 373 | | | Cash at Beginning of Year | 1,461 | 1,990 | 1,904 | 2,003 | 1,630 | | Cash at End of Period | 1,229 | 1,461 | 1,990 | 1,904 | 2,003 | | | |
