| Cash Flow for Telvent GIT S.A. (TLVT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 36,328 | 28,822 | 17,444 | 12,857 | 5,831 | | Depreciation & Amortization | 15,920 | 13,180 | 12,575 | 12,212 | 7,474 | | Deferred Income Taxes | (7,080) | (3,655) | 1,896 | (8,621) | 5,476 | | Operating Losses | 2,325 | (589) | 3,251 | 4,550 | 8,999 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (102,512) | (94,118) | (64,618) | (3,569) | (5,978) | | Decrease in Inventories | (4,530) | (10,755) | (1,344) | 4,289 | 9,232 | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 82,043 | 115,407 | 49,708 | 5,020 | (4,528) | | Increase in Other Current Liabilities | (4,114) | (2,719) | (13,628) | 7,208 | (11,091) | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 1,933 | 2,888 | - | - | - | | Net Cash from Continuing Operations | 20,314 | 48,462 | 5,283 | 33,945 | 15,415 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 20,314 | 48,462 | 5,283 | 33,945 | 15,415 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | 41,842 | 392 | | | Purchase of Property, Plant, Equipment | (4,305) | (3,053) | (4,609) | (6,680) | (4,459) | | Acquisitions | (55,046) | (57,026) | (5,867) | (9,540) | (25,682) | | Purchase of Short Term Investments | - | (202) | - | - | (1,354) | | Other Investment Changes, Net | (17,782) | (409) | (5,005) | (7,284) | 56,115 | | Cash from Investing Activities | (77,133) | (60,690) | (9,746) | 18,339 | 25,012 | | | Issuance of Debt | 96,117 | 22,673 | 17,050 | 2,685 | 21,239 | | Issuance of Capital Stock | - | - | - | 81,978 | - | | | Repayment of Debt | (30,469) | (22,877) | (17,904) | (22,771) | (4,394) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (12,813) | - | - | - | (7,791) | | Other Financing Charges, Net | 11,347 | (288) | 3,668 | (45,795) | (50,399) | | Cash from Financing Activities | 64,182 | (492) | 2,813 | 16,097 | (41,344) | | | | Effect of Exchange Rate Changes | (758) | (1,505) | 1,052 | (1,287) | (5,363) | | Net Change in Cash | 6,605 | (14,225) | (598) | 67,093 | (6,281) | | | Cash at Beginning of Year | 101,099 | 105,597 | 95,290 | 41,972 | 41,149 | | Cash at End of Period | 107,704 | 91,372 | 94,692 | 109,066 | 34,868 | | | |
