| Cash Flow for Ultralife Corp. (ULBI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 5,583 | (27,488) | (4,345) | 22,332 | 6,447 | | Depreciation & Amortization | 3,861 | 3,667 | 3,181 | 3,309 | 3,133 | | Deferred Income Taxes | 77 | 23,735 | - | - | - | | Operating Losses | (7,938) | (324) | 1,270 | (14,425) | (666) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 765 | (8,264) | (2,734) | 8,057 | (11,615) | | Decrease in Inventories | (7,348) | (2,366) | (6,115) | (4,640) | (4,784) | | Decrease in Other Current Assets | - | - | 659 | - | - | | Increase in Payables | 1,626 | 7,705 | 3,290 | (3,104) | 3,156 | | Increase in Other Current Liabilities | - | 19 | - | (106) | 106 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 3,783 | 2,125 | - | - | - | | Net Cash from Continuing Operations | 1,569 | 151 | (5,587) | 10,875 | (4,567) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 1,569 | 151 | (5,587) | 10,875 | (4,567) | | | | Sale of Property, Plant, Equipment | - | - | 25 | 17 | 50 | | Sale of Short Term Investments | - | - | 1,000 | 2,500 | - | | | Purchase of Property, Plant, Equipment | (2,073) | (1,455) | (3,309) | (5,437) | (5,560) | | Acquisitions | (8,678) | (7,013) | - | - | - | | Purchase of Short Term Investments | - | - | - | (3,500) | - | | Other Investment Changes, Net | - | - | - | 50 | (2,350) | | Cash from Investing Activities | (10,751) | (8,468) | (2,284) | (6,370) | (7,860) | | | Issuance of Debt | 3,308 | 6,475 | 195 | 10,000 | 7,628 | | Issuance of Capital Stock | 13,936 | 1,231 | 2,488 | 4,172 | 4,921 | | | Repayment of Debt | (6,817) | (2,046) | (2,020) | (8,787) | (818) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | (207) | - | | Cash from Financing Activities | 10,427 | 5,660 | 663 | 5,178 | 11,731 | | | | Effect of Exchange Rate Changes | 280 | 163 | (107) | 16 | 204 | | Net Change in Cash | 1,525 | (2,494) | (7,315) | 9,699 | (492) | | | Cash at Beginning of Year | 720 | 3,214 | 10,529 | 830 | 1,322 | | Cash at End of Period | 2,245 | 720 | 3,214 | 10,529 | 830 | | | |
