| Cash Flow for Vestin Realty Mortgage I Inc. (VRTA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 06/2005 | 09/2004 | | | Net Income | 2,810 | 587 | 1,128 | 8,567 | | Provision for Loan Loss | 1,336 | 3,000 | 1,296 | 100 | | Depreciation & Amortization | - | - | - | - | | Deferred Income Taxes | - | - | - | - | | Change in Assets (Receivables) | 11 | 69 | 612 | 234 | | Change in Liabilities (Payables) | (109) | 203 | 962 | 4,784 | | Investment Securities Gain | - | (1) | - | - | | Net Policy Acquisition Cost | - | - | - | - | | Realized Investment Gains | (1,265) | (286) | (672) | 998 | | Net Premiums Receivables | - | - | - | - | | Change in Income Taxes | - | - | - | - | | Other Non-Cash Items | 398 | 259 | 1,271 | - | | Net Cash from Operating Activities | 3,181 | 3,831 | 4,597 | 14,683 | | | | Proceeds from Sale/Mat. Inv. | 25,987 | 4,399 | 8,245 | - | | Purchase of Investment Securities | (31,290) | (4,391) | - | - | | Net Increase Fed. Funds Sold | - | - | - | - | | Purchase of Property & Equipment | - | - | - | - | | Acquisitions | - | - | - | - | | Other Investment Changes, Net | 11,754 | 481 | (9,675) | (3,759) | | Net Cash from Investing Activities | 6,451 | 489 | (1,430) | (3,759) | | | Net Change in Deposits | - | - | - | - | | Cash Dividends paid | (4,577) | (1,574) | - | - | | Repayment of Long Term Debt | - | - | - | - | | Change in Short Term Debt | (210) | (1,053) | - | (2,000) | | Issuance of Long term Debt | 188 | - | - | - | | Issuance of Preferred Stock | - | - | - | - | | Issuance of Common Stock | - | - | - | - | | Purchase of Treasury Stock | - | (6,377) | (6,930) | (8,562) | | Other Financing Activities | - | (1,693) | (3,205) | (4,241) | | Cash from Financing Activities | (4,599) | (10,697) | (10,135) | (14,803) | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash & Equivalents | 5,033 | (6,377) | (6,968) | (3,879) | | | Cash at Beginning of Period | 1,523 | 7,884 | 9,830 | 13,708 | | Cash at End of Period | 6,556 | 1,507 | 2,862 | 9,829 | | | |
