| Cash Flow for VAALCO ENERGY INC. (EGY) | | | | After Hours: $ 7.594 |  0.024 (+0.32%) | Volume: 5.28 k | 4:31 PM EST Jan 8, 2009 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 19,052 | 40,343 | 29,182 | 22,938 | 8,936 | | Depreciation & Amortization | 17,952 | 6,720 | 5,369 | 4,749 | 5,876 | | Deferred Income Taxes | (200) | - | - | - | - | | Operating Losses | 4,429 | 7,846 | 6,356 | 3,528 | 3,752 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (10,760) | (4,539) | (2,142) | (4,545) | 4,411 | | Decrease in Inventories | (382) | (76) | 230 | (502) | (384) | | Decrease in Other Current Assets | - | - | - | (6) | (4) | | Increase in Payables | 1,001 | 13,761 | (2,845) | 2,059 | (3,081) | | Increase in Other Current Liabilities | 200 | (391) | 776 | (4,802) | 3,282 | | Decrease in Other Working Capital | 243 | - | - | - | - | | Other Non-Cash Items | 10,231 | 1,065 | - | - | - | | Net Cash from Continuing Operations | 43,232 | 64,436 | 35,901 | 22,787 | 22,628 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 43,232 | 64,436 | 35,901 | 22,787 | 22,628 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (14,520) | (33,244) | (13,347) | (14,324) | (1,877) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (8,081) | (16,802) | (3,325) | (1,341) | (41) | | Cash from Investing Activities | (22,601) | (50,046) | (16,672) | (15,665) | (1,918) | | | Issuance of Debt | - | 5,000 | - | - | - | | Issuance of Capital Stock | 1,122 | 2,541 | 1,325 | 342 | 141 | | | Repayment of Debt | - | (1,500) | (2,250) | (3,250) | (13,000) | | Repurchase of Capital Stock | (2,286) | - | - | (27) | (163) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | (3,996) | (3,332) | (1,998) | 392 | 7,583 | | Cash from Financing Activities | (5,160) | 2,709 | (2,923) | (2,543) | (5,439) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 15,471 | 17,099 | 16,306 | 4,579 | 15,271 | | | Cash at Beginning of Year | 60,979 | 43,880 | 27,574 | 22,995 | 7,724 | | Cash at End of Period | 76,450 | 60,979 | 43,880 | 27,574 | 22,995 | | | |
