| Cash Flow for WesBanco Inc. (WSBC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 44,669 | 39,035 | 42,757 | 38,182 | 36,130 | | Provision for Loan Loss | 8,516 | 8,739 | 8,045 | 7,735 | 9,612 | | Depreciation & Amortization | 4,714 | 4,239 | 5,886 | 8,835 | 10,809 | | Deferred Income Taxes | (2,112) | (395) | 3,750 | 1,407 | (364) | | Change in Assets (Receivables) | (6,047) | 14,780 | (4,160) | (9,635) | (2,713) | | Change in Liabilities (Payables) | 11,072 | 3,405 | (11,955) | 8,314 | 4,694 | | Investment Securities Gain | (943) | 7,798 | (2,021) | (2,768) | (2,778) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (1,664) | (1,084) | (1,016) | (350) | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 429 | (3,227) | 3,567 | (3,952) | 240 | | Net Cash from Operating Activities | 58,634 | 73,290 | 44,853 | 47,768 | 55,630 | | | | Proceeds from Sale/Mat. Inv. | 219,004 | 537,581 | 399,703 | 484,183 | 724,068 | | Purchase of Investment Securities | (239,659) | (281,178) | (224,112) | (405,440) | (750,138) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (9,386) | (5,680) | (8,492) | (4,967) | (3,248) | | Acquisitions | 7,026 | (14,379) | (37,819) | (26,874) | - | | Other Investment Changes, Net | 123,147 | 3,822 | 15,257 | (220,608) | (125,417) | | Net Cash from Investing Activities | 100,132 | 240,166 | 144,537 | (173,706) | (154,735) | | | Net Change in Deposits | (39,993) | 2,125 | (55,817) | (11,389) | 83,602 | | Cash Dividends paid | (30,205) | (23,071) | (22,785) | (19,792) | (19,278) | | Repayment of Long Term Debt | (89,836) | (251,400) | (119,867) | (40,341) | (21,650) | | Change in Short Term Debt | 65,197 | (17,741) | 43,788 | 23,100 | - | | Issuance of Long term Debt | - | - | 15,464 | 165,946 | 101,412 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | - | - | - | - | | Purchase of Treasury Stock | (30,123) | (14,147) | (36,622) | (2,739) | (17,856) | | Other Financing Activities | 84 | (23,225) | - | - | - | | Cash from Financing Activities | (124,876) | (327,459) | (175,839) | 114,785 | 126,230 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 33,890 | (14,003) | 13,551 | (11,153) | 27,125 | | | Cash at Beginning of Period | 96,605 | 110,608 | 97,057 | 108,210 | 81,085 | | Cash at End of Period | 130,495 | 96,605 | 110,608 | 97,057 | 108,210 | | | |
