| Cash Flow for Westaim Corp. (WEDX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Net Income | (43,398) | (4,736) | (23,944) | (28,613) | (19,122) | | Depreciation & Amortization | 12,328 | 6,310 | 4,769 | 3,882 | 3,716 | | Deferred Income Taxes | - | - | - | 3,647 | 4,057 | | Operating Losses | (2,800) | (1,102) | 1,299 | 123 | 129 | | Extraordinary Losses | - | (25,844) | - | - | - | | | Decrease in Receivables | (142) | (2,185) | (630) | 175 | 400 | | Decrease in Inventories | (629) | (3,733) | (848) | (346) | 2,084 | | Decrease in Other Current Assets | - | (28) | - | - | (33) | | Increase in Payables | (6,528) | 3,478 | 2,358 | 1,998 | (523) | | Increase in Other Current Liabilities | - | 45 | - | (38) | - | | Decrease in Other Working Capital | (26) | - | 101 | - | - | | Other Non-Cash Items | 2,540 | - | (986) | - | (95) | | Net Cash from Continuing Operations | (38,655) | (27,795) | (17,881) | (19,172) | (9,387) | | Net Cash from Discontinued Operations | - | (445) | (1,488) | 2,491 | (7,103) | | Cash from Operating Activities | (38,655) | (28,241) | (19,369) | (16,681) | (16,491) | | | | Sale of Property, Plant, Equipment | 268 | - | 25,519 | 1,015 | - | | Sale of Short Term Investments | 26,262 | 84,558 | 124,302 | 1,403 | - | | | Purchase of Property, Plant, Equipment | (7,321) | (26,445) | (19,528) | (9,415) | (4,586) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (37,803) | (77,640) | (114,766) | - | (16,044) | | Other Investment Changes, Net | - | (840) | (3,072) | (744) | (602) | | Cash from Investing Activities | (18,595) | 472 | 12,455 | (7,741) | (21,999) | | | Issuance of Debt | 1,717 | 6,152 | 3,996 | - | - | | Issuance of Capital Stock | 4,128 | 147 | 39,958 | 79 | 96 | | | Repayment of Debt | (8,957) | - | - | - | - | | Repurchase of Capital Stock | - | - | - | - | (202) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | 44,287 | - | - | - | | Cash from Financing Activities | (3,112) | 50,585 | 43,954 | 79 | (106) | | | | Effect of Exchange Rate Changes | 22 | - | - | - | - | | Net Change in Cash | (60,339) | 22,817 | 37,040 | (24,343) | (38,595) | | | Cash at Beginning of Year | 99,294 | 76,651 | 37,248 | 59,039 | 87,922 | | Cash at End of Period | 38,955 | 99,467 | 74,288 | 34,696 | 49,327 | | | |
