| Cash Flow for The New York Times Company (NYT) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 208,704 | (543,442) | 259,753 | 292,557 | 302,655 | | Depreciation & Amortization | 170,061 | 140,667 | 113,480 | 118,893 | 122,130 | | Deferred Income Taxes | (11,550) | (139,904) | (29,635) | 3,547 | 53,536 | | Operating Losses | (176,955) | 3,175 | (84,154) | (10,794) | (40,135) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (62,782) | 37,486 | (41,265) | (3,036) | (4,252) | | Decrease in Inventories | 9,801 | (7,592) | 554 | (3,702) | (5,652) | | Decrease in Other Current Assets | (3,890) | (1,085) | 29,993 | (2,050) | (11,141) | | Increase in Payables | (18,417) | 23,272 | (1,021) | 114 | (13,722) | | Increase in Other Current Liabilities | (69,572) | 6,356 | 16,317 | 20,614 | 37,249 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 45,770 | 874,210 | - | - | - | | Net Cash from Continuing Operations | 110,670 | 422,328 | 294,311 | 444,038 | 466,285 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 110,670 | 422,328 | 294,311 | 444,038 | 466,285 | | | | Sale of Property, Plant, Equipment | - | - | 183,173 | - | - | | Sale of Short Term Investments | - | 100,000 | - | - | - | | | Purchase of Property, Plant, Equipment | (380,298) | (332,305) | (221,344) | (153,804) | (120,900) | | Acquisitions | 532,176 | (35,752) | (437,516) | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (3,626) | (20,605) | (19,824) | (38,344) | (125,030) | | Cash from Investing Activities | 148,252 | (288,662) | (495,511) | (192,148) | (245,930) | | | Issuance of Debt | 195,000 | 61,120 | 658,643 | 107,370 | 49,860 | | Issuance of Capital Stock | 530 | 15,988 | 14,348 | 41,090 | 33,180 | | | Repayment of Debt | (412,721) | (76,065) | (323,490) | (1,824) | (54,578) | | Repurchase of Capital Stock | (4,517) | (52,267) | (57,363) | (293,222) | (208,501) | | Payment of Cash Dividends | (125,063) | (100,104) | (94,535) | (90,127) | (85,515) | | Other Financing Charges, Net | 66,260 | 45,136 | 6,802 | (12,525) | 46,880 | | Cash from Financing Activities | (280,511) | (106,192) | 204,405 | (249,238) | (218,674) | | | | Effect of Exchange Rate Changes | 761 | (41) | (667) | 290 | 804 | | Net Change in Cash | (20,828) | 27,433 | 2,538 | 2,942 | 2,485 | | | Cash at Beginning of Year | 72,360 | 44,927 | 42,389 | 39,447 | 36,962 | | Cash at End of Period | 51,532 | 72,360 | 44,927 | 42,389 | 39,447 | | | |
