| Cash Flow for Waste Industries USA Inc. (WWIN) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 23,681 | 19,281 | 12,189 | 11,797 | 7,823 | | Depreciation & Amortization | 31,751 | 32,220 | 30,720 | 29,450 | 30,549 | | Deferred Income Taxes | 1,963 | 2,381 | 332 | 2,525 | (1,564) | | Operating Losses | (1,624) | (3,471) | 755 | 686 | 2,452 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (744) | (2,326) | (7,452) | - | - | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | 754 | - | - | | Increase in Payables | 4,635 | (6,245) | 4,944 | - | - | | Increase in Other Current Liabilities | (1,282) | (2,916) | 1,844 | - | - | | Decrease in Other Working Capital | 579 | (305) | - | 2,189 | (507) | | Other Non-Cash Items | 4,856 | 3,860 | - | (907) | 323 | | Net Cash from Continuing Operations | 64,493 | 45,066 | 46,370 | 46,484 | 39,076 | | Net Cash from Discontinued Operations | (153) | - | - | - | - | | Cash from Operating Activities | 64,340 | 45,066 | 46,370 | 46,484 | 39,076 | | | | Sale of Property, Plant, Equipment | 2,936 | 2,209 | 11,403 | 3,220 | 2,510 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (36,886) | (41,154) | (34,264) | (32,199) | (29,557) | | Acquisitions | (24,171) | (6,190) | (31,937) | (21,785) | (39,823) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (6,730) | 15,447 | (182) | 16,554 | 17,946 | | Cash from Investing Activities | (64,581) | (29,688) | (54,980) | (34,210) | (48,924) | | | Issuance of Debt | 72,000 | 44,000 | 47,697 | 19,010 | 40,176 | | Issuance of Capital Stock | 2,389 | 1,905 | 2,028 | 121 | 335 | | | Repayment of Debt | (64,356) | (55,686) | (38,628) | (30,887) | (24,820) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (7,198) | (5,283) | (3,289) | (2,161) | (1,077) | | Other Financing Charges, Net | 111 | (233) | (68) | (39) | (2,373) | | Cash from Financing Activities | 2,946 | (15,297) | 7,740 | (13,956) | 12,241 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 2,705 | 81 | (870) | (1,682) | 2,393 | | | Cash at Beginning of Year | 1,656 | 1,575 | 2,445 | 4,127 | 1,734 | | Cash at End of Period | 4,361 | 1,656 | 1,575 | 2,445 | 4,127 | | | |
