| Cash Flow for Washington Trust Bancorp Inc. (WASH) | | | | After Hours: $ 24.71 | 0.00 (0.00%) | Volume: 131 | 5:29 PM EDT Oct 13, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 23,800 | 25,031 | 23,024 | 20,829 | 18,923 | | Provision for Loan Loss | 1,900 | 1,200 | 1,200 | 610 | 460 | | Depreciation & Amortization | 4,965 | 5,840 | 6,539 | 6,661 | 8,291 | | Deferred Income Taxes | (2,311) | (1,969) | 1,296 | (296) | (701) | | Change in Assets (Receivables) | 2,602 | (3,372) | 2,379 | (2,830) | 2,303 | | Change in Liabilities (Payables) | 1,475 | 4,689 | (3,145) | 1,578 | 2,042 | | Investment Securities Gain | (455) | (443) | (357) | (248) | (630) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (1,493) | (1,423) | (1,679) | (1,901) | (4,690) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (541) | (1,088) | (163) | 2,352 | 5,790 | | Net Cash from Operating Activities | 29,942 | 28,465 | 29,094 | 26,755 | 31,788 | | | | Proceeds from Sale/Mat. Inv. | 263,243 | 236,022 | 279,565 | 290,190 | 470,175 | | Purchase of Investment Securities | (310,909) | (154,748) | (187,942) | (341,824) | (518,943) | | Net Increase Fed. Funds Sold | (2,998) | 6,239 | (593) | (2,909) | (6,882) | | Purchase of Property & Equipment | (4,091) | (3,571) | (2,443) | (2,431) | (3,687) | | Acquisitions | (6,720) | - | (19,827) | - | - | | Other Investment Changes, Net | (114,042) | (65,905) | (153,019) | (289,018) | (171,664) | | Net Cash from Investing Activities | (175,517) | 18,037 | (84,259) | (345,992) | (231,001) | | | Net Change in Deposits | (31,792) | 38,740 | 181,384 | 251,767 | 95,855 | | Cash Dividends paid | (10,580) | (10,070) | (9,452) | (8,863) | (7,861) | | Repayment of Long Term Debt | (661,617) | (586,868) | (796,919) | (1,011,465) | (1,268,143) | | Change in Short Term Debt | - | - | - | 1,106 | (6,872) | | Issuance of Long term Debt | 822,188 | 516,477 | 693,294 | 1,077,228 | 1,395,331 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 1,052 | 2,128 | 1,009 | 590 | 1,174 | | Purchase of Treasury Stock | (5,200) | (1,547) | (69) | (155) | (209) | | Other Financing Activities | 727 | 384 | - | - | - | | Cash from Financing Activities | 114,778 | (40,756) | 69,247 | 310,208 | 209,275 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (30,797) | 5,746 | 14,082 | (9,029) | 10,062 | | | Cash at Beginning of Period | 71,909 | 66,163 | 52,081 | 61,110 | 51,048 | | Cash at End of Period | 41,112 | 71,909 | 66,163 | 52,081 | 61,110 | | | |
