| Cash Flow for Wayne Savings Bancshares Inc. (WAYN) | | | | | | | Cash Flow | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | 03/2004 | | | Net Income | 1,964 | 2,161 | 1,640 | 381 | 2,704 | | Provision for Loan Loss | 234 | 100 | 211 | 430 | 173 | | Depreciation & Amortization | 721 | 839 | 192 | 3,023 | 1,658 | | Deferred Income Taxes | (150) | 55 | 145 | (256) | 630 | | Change in Assets (Receivables) | 50 | 62 | 66 | (89) | (895) | | Change in Liabilities (Payables) | 206 | 63 | (128) | (104) | (316) | | Investment Securities Gain | - | - | - | - | (16) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | - | - | (13) | (117) | (87) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | (174) | 753 | (564) | (288) | | Other Non-Cash Items | (328) | (183) | (224) | 1,309 | (82) | | Net Cash from Operating Activities | 2,697 | 2,923 | 2,642 | 4,013 | 3,481 | | | | Proceeds from Sale/Mat. Inv. | 47,741 | 44,286 | 38,670 | 39,638 | 68,359 | | Purchase of Investment Securities | (43,343) | (37,802) | (34,211) | (43,658) | (77,593) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (488) | (322) | (280) | (421) | (431) | | Acquisitions | - | - | - | (1,314) | - | | Other Investment Changes, Net | (2,717) | (4,879) | (21,137) | 2,390 | 22,421 | | Net Cash from Investing Activities | 1,193 | 1,283 | (16,958) | (3,365) | 12,756 | | | Net Change in Deposits | (10,256) | 970 | 11,984 | 3,946 | (9,101) | | Cash Dividends paid | (1,518) | (1,591) | (1,617) | (1,737) | (1,786) | | Repayment of Long Term Debt | (36,700) | (76,650) | (87,525) | (5,000) | - | | Change in Short Term Debt | 1,734 | - | - | - | - | | Issuance of Long term Debt | 40,700 | 78,400 | 80,275 | 15,000 | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | 448 | 285 | - | 61 | | Purchase of Treasury Stock | (2,062) | (2,794) | (5,025) | (2,797) | (2,945) | | Other Financing Activities | 60 | 103 | 120 | (5) | (75) | | Cash from Financing Activities | (8,042) | (1,114) | (1,503) | 9,407 | (13,846) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (4,152) | 3,092 | (15,819) | 10,055 | 2,391 | | | Cash at Beginning of Period | 17,215 | 14,123 | 29,942 | 19,887 | 17,496 | | Cash at End of Period | 13,063 | 17,215 | 14,123 | 29,942 | 19,887 | | | |
