| Cash Flow for SCBT Financial Corp. (SCBT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 21,565 | 19,805 | 16,655 | 14,016 | 14,786 | | Provision for Loan Loss | 4,384 | 5,268 | 4,907 | 4,332 | 2,345 | | Depreciation & Amortization | 4,324 | 3,171 | 3,366 | 3,229 | 3,552 | | Deferred Income Taxes | 705 | (714) | (1,591) | (651) | 186 | | Change in Assets (Receivables) | 5,978 | (22,766) | (434) | (5,211) | (7,109) | | Change in Liabilities (Payables) | (3,121) | 4,798 | 2,584 | 821 | 874 | | Investment Securities Gain | 460 | 330 | 202 | (1) | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (38) | - | - | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | (712) | - | - | - | - | | Other Non-Cash Items | 777 | 983 | (8) | (1,766) | 26,788 | | Net Cash from Operating Activities | 34,322 | 10,875 | 25,681 | 14,769 | 41,422 | | | | Proceeds from Sale/Mat. Inv. | 93,991 | 45,382 | 39,415 | 62,017 | 122,133 | | Purchase of Investment Securities | (108,079) | (72,532) | (39,689) | (76,756) | (189,935) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (8,335) | (8,301) | (5,300) | (3,337) | (6,022) | | Acquisitions | (2,462) | - | - | - | - | | Other Investment Changes, Net | (168,370) | (227,555) | (250,137) | (214,804) | 723 | | Net Cash from Investing Activities | (193,255) | (263,006) | (255,711) | (232,880) | (73,101) | | | Net Change in Deposits | 52,370 | 233,426 | 133,975 | 236,753 | 48,116 | | Cash Dividends paid | (6,227) | (5,911) | (5,527) | (5,228) | (5,070) | | Repayment of Long Term Debt | (170,100) | (95,375) | (17,602) | (108,336) | (44,000) | | Change in Short Term Debt | 89,038 | 52,942 | 60,956 | 8,240 | (7,648) | | Issuance of Long term Debt | 210,000 | 41,500 | 103,329 | 96,000 | 46,550 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 871 | 1,264 | 1,271 | 1,731 | 394 | | Purchase of Treasury Stock | (92) | (443) | (252) | (3,590) | (53) | | Other Financing Activities | - | - | (123) | - | - | | Cash from Financing Activities | 175,860 | 227,403 | 276,027 | 225,570 | 38,289 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 16,927 | (24,728) | 45,997 | 7,459 | 6,610 | | | Cash at Beginning of Period | 78,406 | 103,134 | 57,137 | 49,678 | 40,514 | | Cash at End of Period | 95,333 | 78,406 | 103,134 | 57,137 | 47,124 | | | |
