| Cash Flow for United Community Financial Corp. (UCFC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 4,133 | 24,111 | 23,197 | 17,865 | 22,940 | | Provision for Loan Loss | 28,750 | 4,347 | 3,028 | 9,370 | 3,179 | | Depreciation & Amortization | 6,397 | 5,889 | 4,486 | 7,551 | 11,330 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | 22,167 | 19,573 | (6,881) | (24,050) | 4,474 | | Change in Liabilities (Payables) | (7,936) | 429 | 1,945 | (3,014) | 4,039 | | Investment Securities Gain | 5,765 | 26 | 21,504 | - | (10,540) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (2,624) | (2,943) | (2,423) | (3,157) | (12,441) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (2,067) | 2,192 | 70,563 | 23,530 | 20,111 | | Net Cash from Operating Activities | 54,585 | 53,624 | 115,419 | 28,095 | 43,092 | | | | Proceeds from Sale/Mat. Inv. | 75,633 | 44,766 | 71,983 | 139,303 | 278,863 | | Purchase of Investment Securities | (80,491) | (79,445) | (80,301) | (111,667) | (190,458) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (5,364) | (4,145) | (5,379) | (3,199) | (4,025) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (97,935) | (162,142) | (321,648) | (289,239) | (212,156) | | Net Cash from Investing Activities | (108,157) | (200,966) | (335,345) | (264,802) | (127,776) | | | Net Change in Deposits | 52,274 | 141,105 | 158,943 | 99,393 | (57,540) | | Cash Dividends paid | (10,847) | (10,401) | (9,462) | (8,533) | (9,429) | | Repayment of Long Term Debt | (765,953) | (681,622) | (70,151) | (19,257) | (11,164) | | Change in Short Term Debt | 51,022 | 23,297 | 15,066 | - | 114,103 | | Issuance of Long term Debt | 737,953 | 671,326 | 122,345 | 164,297 | 25,500 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 176 | 878 | 674 | 6,420 | 941 | | Purchase of Treasury Stock | (9,709) | (2,298) | (2,499) | (47,814) | (12,233) | | Other Financing Activities | 382 | 3,149 | 2,274 | 1,327 | 4,725 | | Cash from Financing Activities | 55,298 | 145,434 | 217,190 | 195,833 | 54,903 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 1,726 | (1,908) | (2,736) | (40,874) | (29,781) | | | Cash at Beginning of Period | 35,637 | 37,545 | 40,281 | 81,155 | 110,936 | | Cash at End of Period | 37,363 | 35,637 | 37,545 | 40,281 | 81,155 | | | |
