| Cash Flow for United Fuel & Energy Corp. (UFEN) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (5,213) | 1,987 | 879 | (127) | (1,161) | | Depreciation & Amortization | 3,185 | 2,012 | 1,260 | 11 | 272 | | Deferred Income Taxes | (1,075) | 248 | 139 | - | - | | Operating Losses | - | (196) | (531) | 58 | 517 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (18,747) | (688) | (8,992) | - | - | | Decrease in Inventories | (3,139) | (804) | (2,807) | - | - | | Decrease in Other Current Assets | - | - | (85) | - | - | | Increase in Payables | 22,956 | 542 | 5,445 | 26 | (14) | | Increase in Other Current Liabilities | (3,198) | 1,930 | 832 | - | 319 | | Decrease in Other Working Capital | 1,532 | (19) | - | - | - | | Other Non-Cash Items | 757 | 243 | - | - | - | | Net Cash from Continuing Operations | (1,997) | 5,984 | (3,682) | (31) | (68) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (1,997) | 5,984 | (3,682) | (31) | (68) | | | | Sale of Property, Plant, Equipment | - | 266 | 19 | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (6,157) | (2,076) | (1,546) | - | - | | Acquisitions | (12,358) | (13,595) | (3,983) | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (95) | (69) | (109) | - | - | | Cash from Investing Activities | (18,610) | (15,474) | (5,619) | - | - | | | Issuance of Debt | 40,795 | - | 9,230 | 63 | - | | Issuance of Capital Stock | 680 | 13,362 | 1,368 | - | - | | | Repayment of Debt | (18,226) | (88) | (1,197) | - | - | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (751) | (481) | - | - | - | | Other Financing Charges, Net | (1,746) | (25) | (236) | (32) | 41 | | Cash from Financing Activities | 20,752 | 12,768 | 9,165 | 31 | 41 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 145 | 3,278 | (136) | - | (26) | | | Cash at Beginning of Year | 3,951 | 673 | 809 | - | 26 | | Cash at End of Period | 4,096 | 3,951 | 673 | - | 0 | | | |
