| Cash Flow for Security National Financial Corp. (SNFCA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 2,265 | 5,124 | 3,488 | 2,122 | 6,596 | | Provision for Loan Loss | - | - | - | - | - | | Depreciation & Amortization | 2,407 | 6,114 | 2,701 | 5,381 | 1,911 | | Deferred Income Taxes | 482 | 1,154 | 862 | 636 | 2,862 | | Change in Assets (Receivables) | 5,467 | 7,448 | (6,803) | 67,621 | (25,333) | | Change in Liabilities (Payables) | 1,067 | (520) | - | - | - | | Investment Securities Gain | - | - | - | - | - | | Net Policy Acquisition Cost | - | - | - | - | (916) | | Realized Investment Gains | (1,008) | (891) | (74) | (74) | 2 | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (671) | (6,755) | 8,429 | 1,229 | 12,414 | | Net Cash from Operating Activities | 10,009 | 11,674 | 8,603 | 76,916 | (2,463) | | | | Proceeds from Sale/Mat. Inv. | 23,695 | 56,920 | 27,082 | 35,701 | 26,207 | | Purchase of Investment Securities | (19,333) | (55,594) | (19,824) | (67,286) | (19,118) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (5,388) | 1,295 | (2,237) | (1,242) | (1,623) | | Acquisitions | (1,703) | - | - | (304) | - | | Other Investment Changes, Net | (9,374) | (13,664) | (5,879) | (38,939) | (12,872) | | Net Cash from Investing Activities | (12,102) | (11,043) | (858) | (72,071) | (7,406) | | | Net Change in Deposits | - | - | - | (4,889) | - | | Cash Dividends paid | - | - | - | - | - | | Repayment of Long Term Debt | (47,751) | (2,573) | (2,463) | (4,402) | (3,696) | | Change in Short Term Debt | - | - | - | - | - | | Issuance of Long term Debt | 50,939 | - | 672 | 135 | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 654 | 564 | 414 | 363 | 133 | | Purchase of Treasury Stock | - | (4) | - | (423) | (438) | | Other Financing Activities | (6,922) | (4,876) | (5,068) | - | (4,625) | | Cash from Financing Activities | (3,080) | (6,888) | (6,445) | (9,215) | (8,625) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (5,174) | (6,256) | 1,299 | (4,371) | (18,495) | | | Cash at Beginning of Period | 10,377 | 16,633 | 15,334 | 19,704 | 38,199 | | Cash at End of Period | 5,203 | 10,377 | 16,633 | 15,334 | 19,704 | | | |
