| Cash Flow for Sciele Pharma Inc. (SCRX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 45,407 | 45,244 | 39,209 | 26,554 | (1,738) | | Depreciation & Amortization | 28,432 | 25,942 | 22,666 | 16,907 | 16,489 | | Deferred Income Taxes | (3,642) | 4,298 | 4,195 | 5,018 | 2,084 | | Operating Losses | - | 164 | 2,368 | 7,441 | 6,145 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (29,545) | (3,520) | (19,629) | (8,074) | 145 | | Decrease in Inventories | 1,108 | 2,284 | (13,100) | (4,636) | 6,256 | | Decrease in Other Current Assets | (18,193) | 2,322 | (15,507) | (599) | (4,839) | | Increase in Payables | 7,803 | 6,781 | (2,476) | 8,908 | (3,942) | | Increase in Other Current Liabilities | 10,158 | (50) | 2,571 | 2,387 | (22,760) | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 22,154 | 8,347 | - | 293 | - | | Net Cash from Continuing Operations | 63,682 | 91,812 | 20,297 | 49,487 | (1,587) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 63,682 | 91,812 | 20,297 | 49,487 | (1,587) | | | | Sale of Property, Plant, Equipment | - | 51 | - | - | - | | Sale of Short Term Investments | 337,526 | 162,149 | 97,576 | - | - | | | Purchase of Property, Plant, Equipment | (41,776) | (4,400) | (108,123) | (3,484) | (1,791) | | Acquisitions | (127,109) | - | - | - | - | | Purchase of Short Term Investments | (248,143) | (199,457) | (20,626) | (152,422) | (9,985) | | Other Investment Changes, Net | - | (11,884) | - | (5,426) | - | | Cash from Investing Activities | (91,723) | (53,541) | (31,173) | (161,332) | (11,776) | | | Issuance of Debt | 325,000 | - | - | 150,000 | - | | Issuance of Capital Stock | 5,075 | 5,257 | 2,001 | 11,461 | 2,668 | | | Repayment of Debt | (150,000) | - | - | - | - | | Repurchase of Capital Stock | (34,344) | (14,813) | (6,534) | (42,423) | (3,004) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (6,335) | (73) | - | (5,015) | (245) | | Cash from Financing Activities | 139,396 | (9,629) | (4,533) | 114,023 | (581) | | | | Effect of Exchange Rate Changes | (1,988) | (424) | (4,134) | 686 | 257 | | Net Change in Cash | 109,367 | 28,218 | (19,543) | 2,864 | (13,687) | | | Cash at Beginning of Year | 45,261 | 17,043 | 36,586 | 33,722 | 47,409 | | Cash at End of Period | 154,628 | 45,261 | 17,043 | 36,586 | 33,722 | | | |
