| Cash Flow for Tessera Technologies Inc. (TSRA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 45,138 | 61,351 | 31,449 | 59,063 | 9,355 | | Depreciation & Amortization | 13,610 | 7,249 | 1,652 | 962 | 895 | | Deferred Income Taxes | (4,522) | 152 | 13,496 | - | - | | Operating Losses | 9 | 228 | 1,240 | 303 | 1,221 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (6,681) | 828 | (1,339) | (723) | (657) | | Decrease in Inventories | (269) | 1,337 | - | - | - | | Decrease in Other Current Assets | - | - | (169) | (24,159) | (540) | | Increase in Payables | (1,594) | 287 | 2,059 | 108 | 226 | | Increase in Other Current Liabilities | 4,526 | (158) | 3,404 | 506 | 1,204 | | Decrease in Other Working Capital | 8,943 | (12,667) | - | - | - | | Other Non-Cash Items | 24,454 | 52,998 | - | - | - | | Net Cash from Continuing Operations | 83,614 | 111,605 | 51,792 | 36,060 | 11,704 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 83,614 | 111,605 | 51,792 | 36,060 | 11,704 | | | | Sale of Property, Plant, Equipment | 12 | 14 | 4 | 7 | 52 | | Sale of Short Term Investments | 84,325 | - | - | - | 18,829 | | | Purchase of Property, Plant, Equipment | (11,403) | (3,048) | (4,100) | (1,800) | (1,489) | | Acquisitions | (19,450) | (53,637) | (40,730) | - | - | | Purchase of Short Term Investments | (167,386) | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (113,902) | (56,671) | (44,826) | (1,793) | 17,392 | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 20,623 | 11,357 | 12,289 | 9,693 | 35,659 | | | Repayment of Debt | - | - | - | - | - | | Repurchase of Capital Stock | (544) | - | - | - | (1,717) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 23,291 | 191 | - | - | - | | Cash from Financing Activities | 43,370 | 11,548 | 12,289 | 9,693 | 33,942 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 13,082 | 66,482 | 19,255 | 43,960 | 63,038 | | | Cash at Beginning of Year | 194,076 | 127,594 | 108,339 | 64,379 | 1,341 | | Cash at End of Period | 207,158 | 194,076 | 127,594 | 108,339 | 64,379 | | | |
