| Cash Flow for United Community Banks Inc. (UCBI) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 57,993 | 68,815 | 56,742 | 46,591 | 38,118 | | Provision for Loan Loss | 55,600 | 14,600 | 12,100 | 7,600 | 6,300 | | Depreciation & Amortization | 13,946 | 14,817 | 15,804 | 15,361 | 14,570 | | Deferred Income Taxes | (14,228) | (3,510) | (3,064) | (1,048) | (1,046) | | Change in Assets (Receivables) | 25,250 | (28,532) | (9,851) | (10,017) | (9,731) | | Change in Liabilities (Payables) | (35,574) | (18,513) | 17,761 | 2,286 | 8,578 | | Investment Securities Gain | (3,182) | 643 | 809 | (428) | (497) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (214) | (780) | (715) | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 5,822 | 3,107 | 14,759 | (26,338) | 17,739 | | Net Cash from Operating Activities | 105,413 | 50,647 | 104,345 | 34,007 | 74,031 | | | | Proceeds from Sale/Mat. Inv. | 725,429 | 301,407 | 256,541 | 425,957 | 317,823 | | Purchase of Investment Securities | (904,158) | (367,083) | (382,751) | (612,688) | (387,037) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (34,062) | (25,882) | (17,431) | (15,144) | (14,382) | | Acquisitions | (4,346) | 73,749 | - | 8,863 | 83,109 | | Other Investment Changes, Net | (140,723) | (715,140) | (670,365) | (421,536) | (317,333) | | Net Cash from Investing Activities | (357,860) | (732,949) | (814,006) | (614,548) | (317,820) | | | Net Change in Deposits | (264,780) | 935,064 | 797,084 | 408,100 | 7,957 | | Cash Dividends paid | (16,047) | (12,511) | (10,883) | (8,381) | (6,611) | | Repayment of Long Term Debt | (1,182,142) | (1,098,500) | (1,770,700) | (45,029) | (17,056) | | Change in Short Term Debt | 604,233 | (68,392) | (10,050) | 199,307 | 221,088 | | Issuance of Long term Debt | 1,200,000 | 949,452 | 1,668,600 | 43 | 93,341 | | Issuance of Preferred Stock | (64) | - | - | - | (1,167) | | Issuance of Common Stock | 5,642 | 5,903 | 43,466 | 1,259 | 6,322 | | Purchase of Treasury Stock | (46,056) | - | (126) | (111) | (6,237) | | Other Financing Activities | - | - | - | - | - | | Cash from Financing Activities | 300,786 | 711,016 | 717,391 | 555,188 | 297,637 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 48,339 | 28,714 | 7,730 | (25,353) | 53,848 | | | Cash at Beginning of Period | 171,284 | 142,570 | 134,840 | 160,193 | 106,345 | | Cash at End of Period | 219,623 | 171,284 | 142,570 | 134,840 | 160,193 | | | |
