| Cash Flow for Telefonos de Mexico SAB de CV Ser A Spons ADR (TFONY) | | | | | | | Cash Flow | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 3,318 | 2,672 | 2,707 | 2,498 | 2,000 | | Depreciation & Amortization | 1,683 | 2,138 | 2,197 | 2,029 | 1,826 | | Deferred Income Taxes | 111 | (69) | (225) | (244) | 54 | | Operating Losses | 411 | 392 | 448 | 10 | 16 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 113 | (523) | 223 | (90) | 74 | | Decrease in Inventories | (238) | (121) | (76) | (29) | 24 | | Decrease in Other Current Assets | 204 | (254) | 27 | 665 | - | | Increase in Payables | (162) | 511 | (68) | 105 | (259) | | Increase in Other Current Liabilities | (172) | 113 | (568) | 441 | (897) | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 99 | 48 | - | - | - | | Net Cash from Continuing Operations | 5,374 | 4,958 | 4,781 | 5,470 | 2,848 | | Net Cash from Discontinued Operations | (2,507) | - | - | - | - | | Cash from Operating Activities | 2,867 | 4,958 | 4,781 | 5,470 | 2,848 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (1,274) | (1,945) | (2,188) | (1,758) | (884) | | Acquisitions | - | - | (491) | - | - | | Purchase of Short Term Investments | - | - | - | - | (508) | | Other Investment Changes, Net | 15 | (35) | 668 | (1,422) | (24) | | Cash from Investing Activities | (1,259) | (3,094) | (2,055) | (3,179) | (1,417) | | | Issuance of Debt | 1,374 | 2,222 | 2,320 | 4,314 | 3,324 | | Issuance of Capital Stock | - | - | - | 656 | 4 | | | Repayment of Debt | (989) | (1,421) | (1,813) | (3,779) | (3,332) | | Repurchase of Capital Stock | (1,452) | (2,187) | (1,637) | (1,247) | (1,023) | | Payment of Cash Dividends | (812) | (784) | (799) | (731) | (679) | | Other Financing Charges, Net | (289) | (481) | (607) | (626) | - | | Cash from Financing Activities | (2,168) | (2,651) | (2,536) | (1,413) | (1,705) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (560) | (787) | 190 | 878 | (274) | | | Cash at Beginning of Year | 991 | 2,273 | 1,977 | 962 | 1,182 | | Cash at End of Period | 431 | 1,485 | 2,167 | 1,840 | 907 | | | |
