| Cash Flow for VASCO Data Security International Inc. (VDSI) | | | | After Hours: $ 7.94 | 0.00 (0.00%) | Volume: 2.1 k | 5:43 PM EDT Oct 13, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 20,963 | 12,587 | 7,701 | 3,253 | 761 | | Depreciation & Amortization | 3,004 | 1,242 | 1,076 | 734 | 1,061 | | Deferred Income Taxes | 167 | (632) | (122) | 46 | (70) | | Operating Losses | - | - | 146 | 16 | 41 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (3,437) | (5,348) | (7,114) | (2,928) | 697 | | Decrease in Inventories | (2,078) | (2,175) | (438) | (168) | 670 | | Decrease in Other Current Assets | (3,929) | (558) | 73 | (56) | (185) | | Increase in Payables | (612) | 1,338 | 2,342 | 1,138 | (370) | | Increase in Other Current Liabilities | 7,380 | (494) | 3,878 | 1,120 | (501) | | Decrease in Other Working Capital | 457 | - | - | - | - | | Other Non-Cash Items | 2,157 | 1,859 | - | - | 328 | | Net Cash from Continuing Operations | 24,072 | 7,819 | 7,542 | 2,877 | 2,409 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 24,072 | 7,819 | 7,542 | 2,877 | 2,409 | | | | Sale of Property, Plant, Equipment | - | 59 | 7 | - | 140 | | Sale of Short Term Investments | - | - | 343 | - | - | | | Purchase of Property, Plant, Equipment | (1,167) | (2,907) | (507) | (252) | (124) | | Acquisitions | - | (7,362) | (3,990) | - | (7) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (164) | 327 | (309) | 158 | 119 | | Cash from Investing Activities | (1,331) | (9,883) | (4,456) | (94) | 128 | | | Issuance of Debt | - | - | 3,173 | - | - | | Issuance of Capital Stock | 2,251 | 772 | 3,455 | 236 | 63 | | | Repayment of Debt | (2,154) | (1,019) | - | - | (3,590) | | Repurchase of Capital Stock | - | - | - | - | (4,000) | | Payment of Cash Dividends | - | - | (14) | (182) | - | | Other Financing Charges, Net | - | - | - | - | 7,260 | | Cash from Financing Activities | 97 | (247) | 6,614 | 54 | (267) | | | | Effect of Exchange Rate Changes | 1,227 | 117 | (876) | 484 | (69) | | Net Change in Cash | 24,065 | (2,194) | 8,824 | 3,321 | 2,201 | | | Cash at Beginning of Year | 14,768 | 16,962 | 8,138 | 4,817 | 2,616 | | Cash at End of Period | 38,833 | 14,768 | 16,962 | 8,138 | 4,817 | | | |
