| Cash Flow for Velcro Industries N.V. (VELC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 09/2003 | 09/2002 | 09/2001 | 09/2000 | 09/1999 | | | Net Income | N/A | 34,565 | 32,132 | 39,304 | 33,756 | | Depreciation & Amortization | N/A | 18,128 | 17,245 | 16,386 | 13,810 | | Deferred Income Taxes | N/A | - | - | - | - | | Operating Losses | N/A | 538 | (3,086) | 8,240 | (6,652) | | Extraordinary Losses | N/A | - | - | - | - | | | Decrease in Receivables | N/A | (306) | 2,415 | (3,035) | (5,246) | | Decrease in Inventories | N/A | 1,242 | 2,945 | (7,947) | 937 | | Decrease in Other Current Assets | N/A | - | - | - | - | | Increase in Payables | N/A | (544) | (6,274) | 5,137 | 1,265 | | Increase in Other Current Liabilities | N/A | 1,854 | (6,308) | (2,743) | 4,691 | | Decrease in Other Working Capital | N/A | - | (16,108) | - | - | | Other Non-Cash Items | N/A | (13,734) | - | (17,996) | (6,245) | | Net Cash from Continuing Operations | N/A | 42,552 | 23,229 | 37,346 | 36,316 | | Net Cash from Discontinued Operations | N/A | - | - | - | - | | Cash from Operating Activities | N/A | 42,552 | 23,229 | 37,346 | 36,316 | | | | Sale of Property, Plant, Equipment | N/A | 586 | 655 | 1,452 | 407 | | Sale of Short Term Investments | N/A | - | 8,290 | 9,766 | 7,205 | | | Purchase of Property, Plant, Equipment | N/A | (8,577) | (27,826) | (43,210) | (14,632) | | Acquisitions | N/A | - | - | (8,477) | (676) | | Purchase of Short Term Investments | N/A | (12,068) | - | - | (2,764) | | Other Investment Changes, Net | N/A | 2,682 | 76 | 4,548 | 4,243 | | Cash from Investing Activities | N/A | (17,377) | (18,805) | (35,921) | (6,217) | | | Issuance of Debt | N/A | - | 6,144 | - | - | | Issuance of Capital Stock | N/A | - | - | - | - | | | Repayment of Debt | N/A | (15,194) | - | (4,100) | (11,687) | | Repurchase of Capital Stock | N/A | - | - | - | - | | Payment of Cash Dividends | N/A | (4,506) | (7,811) | (6,609) | (6,008) | | Other Financing Charges, Net | N/A | - | - | - | - | | Cash from Financing Activities | N/A | (19,700) | (1,667) | (10,709) | (17,695) | | | | Effect of Exchange Rate Changes | N/A | - | - | - | - | | Net Change in Cash | N/A | 5,475 | 2,757 | (9,284) | 12,404 | | | Cash at Beginning of Year | N/A | 9,963 | 7,206 | 16,490 | 4,086 | | Cash at End of Period | N/A | 15,438 | 9,963 | 7,206 | 16,490 | | | |
