| Cash Flow for United States Lime & Minerals Inc. (USLM) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 10,446 | 12,701 | 7,948 | 6,329 | 3,860 | | Depreciation & Amortization | 12,881 | 10,144 | 8,202 | 7,697 | 6,390 | | Deferred Income Taxes | 1,799 | 1,771 | (182) | 1,832 | 449 | | Operating Losses | 41 | 45 | 969 | 529 | 95 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (208) | (1,642) | (43) | (2,507) | (1,757) | | Decrease in Inventories | (1,311) | (871) | (1,238) | (377) | 173 | | Decrease in Other Current Assets | - | - | (559) | (49) | (109) | | Increase in Payables | 865 | 2,274 | 915 | 1,549 | 718 | | Increase in Other Current Liabilities | - | - | 647 | (719) | (156) | | Decrease in Other Working Capital | (415) | 332 | - | - | - | | Other Non-Cash Items | 595 | 395 | - | - | - | | Net Cash from Continuing Operations | 24,473 | 25,876 | 17,158 | 15,110 | 9,521 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 24,473 | 25,876 | 17,158 | 15,110 | 9,521 | | | | Sale of Property, Plant, Equipment | 56 | 17 | 429 | 60 | 11 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (18,227) | (35,552) | (11,010) | (13,608) | (12,014) | | Acquisitions | - | (1,856) | (16,932) | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | - | - | | Cash from Investing Activities | (18,171) | (37,391) | (27,513) | (13,548) | (12,003) | | | Issuance of Debt | - | 12,974 | 27,700 | 37,555 | 16,201 | | Issuance of Capital Stock | 106 | 734 | 440 | 60 | 68 | | | Repayment of Debt | (5,605) | (3,333) | (16,700) | (45,325) | (7,347) | | Repurchase of Capital Stock | (67) | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | (291) | | Other Financing Charges, Net | 58 | 113 | - | - | - | | Cash from Financing Activities | (5,508) | 10,488 | 11,440 | (7,710) | 8,631 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 794 | (1,027) | 1,085 | (6,148) | 6,149 | | | Cash at Beginning of Year | 285 | 1,312 | 227 | 6,375 | 226 | | Cash at End of Period | 1,079 | 285 | 1,312 | 227 | 6,375 | | | |
