|
Cash Flow for
UNION DRILLING INC
(UDRL)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
(5,351) |
(16,068) |
(12,033) |
7,750 |
30,832 |
| Depreciation |
50,846 |
49,932 |
47,719 |
44,298 |
39,072 |
| Amortization |
1,620 |
1,275 |
1,774 |
1,899 |
994 |
| Amortization of Intagibles |
- |
- |
- |
- |
- |
| Deferred Income Taxes |
(1,172) |
(9,085) |
3,680 |
20,190 |
9,395 |
| Operating Gains/Losses |
(3,774) |
(1,351) |
112 |
(606) |
(998) |
| Extraordinary Gains/Losses |
- |
- |
- |
- |
- |
| Decrease in Receivables |
(18,046) |
522 |
20,908 |
(11,152) |
6,898 |
| Decrease in Inventories |
420 |
692 |
495 |
(335) |
(128) |
| Decrease in Prepaid Expenses |
- |
- |
- |
(4,940) |
(2,643) |
| Decrease in Other Current Assets |
- |
- |
734 |
- |
- |
| Increase in Payables |
6,145 |
3,090 |
(4,690) |
4,760 |
(3,243) |
| Increase in Other Current Liabilities |
981 |
5,774 |
(5,344) |
(2,904) |
3,137 |
| Decrease in Other Working Capital |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
2,283 |
97 |
5,141 |
14,088 |
(670) |
| Net Cash from Continuing Operations |
33,952 |
34,878 |
58,496 |
73,048 |
82,646 |
| Net Cash from Discontinued Operations |
- |
- |
- |
- |
- |
| Cash from Operating Activities |
33,952 |
34,878 |
58,496 |
73,048 |
82,646 |
|
|
| Sale of Property, Plant, Equipment |
12,379 |
2,883 |
598 |
3,023 |
2,318 |
| Sale of Long Term Investments |
- |
- |
- |
- |
- |
| Sale of Short Term Investments |
- |
- |
- |
- |
- |
| Purchase of Property, Plant, Equipment |
(83,542) |
(58,503) |
(44,516) |
(94,107) |
(68,120) |
| Acquisitions |
- |
- |
- |
- |
- |
| Purchase of Long Term Investments |
- |
- |
- |
- |
- |
| Purchase of Short Term Investments |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
- |
- |
- |
- |
- |
| Cash from Investing Activities |
(71,163) |
(55,620) |
(43,918) |
(91,084) |
(65,802) |
| Cash from Discontinued Investing Activities |
- |
- |
- |
- |
- |
|
| Issuance of Debt |
287,846 |
218,661 |
190,603 |
329,647 |
291,268 |
| Issuance of Capital Stock |
57 |
226 |
23,432 |
416 |
2,477 |
| Repayment of Debt |
(250,087) |
(197,603) |
(227,450) |
(299,211) |
(311,866) |
| Repurchase of Capital Stock |
(427) |
- |
(1,563) |
(8,900) |
- |
| Payment of Cash Dividends |
- |
- |
- |
- |
- |
| Other Financing Charges, Net |
(175) |
(544) |
- |
(3,530) |
1,277 |
| Cash from Financing Activities |
37,214 |
20,740 |
(14,978) |
18,422 |
(16,844) |
| Cash from Discontinued Financing Activities |
- |
- |
- |
- |
- |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash |
3 |
(2) |
(400) |
386 |
- |
|
| Cash at Beginning of Year |
4 |
6 |
406 |
20 |
20 |
| Cash at End of Period |
7 |
4 |
6 |
406 |
20 |
| Foreign Sales |
- |
- |
- |
N/A |
N/A |
| Domestic Sales |
- |
- |
- |
N/A |
N/A |
|
|
|
