| Cash Flow for Team Inc. (TISI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 05/2008 | 05/2007 | 05/2006 | 05/2005 | 05/2004 | | | Net Income | 23,623 | 15,515 | 10,630 | 4,788 | 5,776 | | Depreciation & Amortization | 11,285 | 7,777 | 6,345 | 6,315 | 2,892 | | Deferred Income Taxes | 2,299 | 2,085 | (482) | 655 | 311 | | Operating Losses | (8) | - | - | 1,053 | 228 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (23,292) | (17,103) | (10,747) | (23,328) | (10,342) | | Decrease in Inventories | (3,929) | (993) | (667) | (1,073) | (430) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 5,780 | 2,582 | (3,536) | 5,051 | 1,306 | | Increase in Other Current Liabilities | 2,960 | (5,829) | 6,495 | 2,810 | 2,839 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 4,567 | 2,216 | 1,311 | - | - | | Net Cash from Continuing Operations | 24,735 | 6,726 | 9,312 | (2,916) | 2,624 | | Net Cash from Discontinued Operations | - | - | (1,939) | - | - | | Cash from Operating Activities | 24,735 | 6,726 | 7,373 | (2,916) | 2,624 | | | | Sale of Property, Plant, Equipment | 47 | 262 | 14,885 | 92 | 170 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (25,612) | (16,497) | (7,081) | (4,748) | (3,330) | | Acquisitions | (53,261) | - | - | (33,940) | (5,401) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (2,231) | 746 | 133 | (791) | (150) | | Cash from Investing Activities | (81,057) | (15,489) | 7,714 | (39,387) | (8,711) | | | Issuance of Debt | 53,120 | 12,250 | - | 47,408 | 7,273 | | Issuance of Capital Stock | 3,368 | 3,097 | 2,272 | 893 | 374 | | | Repayment of Debt | (4,852) | (4,827) | (18,893) | (2,250) | - | | Repurchase of Capital Stock | - | - | - | - | (395) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 4,214 | - | (189) | (1,774) | - | | Cash from Financing Activities | 55,850 | 10,520 | (16,502) | 44,277 | 7,252 | | | | Effect of Exchange Rate Changes | 2,737 | - | - | - | - | | Net Change in Cash | 2,265 | 1,757 | (1,415) | 1,974 | 1,165 | | | Cash at Beginning of Year | 4,335 | 2,578 | 3,993 | 2,019 | 854 | | Cash at End of Period | 6,600 | 4,335 | 2,578 | 3,993 | 2,019 | | | |
