| Cash Flow for Williams Scotsman International Inc. (WLSC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2006 | 12/2005 | 12/2004 | | | Net Income | 49,116 | (10,324) | (3,411) | | Depreciation & Amortization | 79,770 | 74,697 | 70,634 | | Deferred Income Taxes | 25,534 | (6,537) | 3,137 | | Operating Losses | (14,591) | 28,332 | (6,855) | | Extraordinary Losses | - | - | - | | | Decrease in Receivables | (16,080) | (20,778) | (22,375) | | Decrease in Inventories | - | - | - | | Decrease in Other Current Assets | - | - | - | | Increase in Payables | (7,540) | 19,623 | 22,261 | | Increase in Other Current Liabilities | - | - | - | | Decrease in Other Working Capital | - | (5,729) | (6,885) | | Other Non-Cash Items | (11,410) | - | - | | Net Cash from Continuing Operations | 101,278 | 67,515 | 56,863 | | Net Cash from Discontinued Operations | - | - | - | | Cash from Operating Activities | 101,278 | 67,515 | 56,863 | | | | Sale of Property, Plant, Equipment | 51,702 | 37,530 | 29,355 | | Sale of Short Term Investments | - | - | - | | | Purchase of Property, Plant, Equipment | (178,545) | (151,820) | (123,439) | | Acquisitions | (57,722) | (4,631) | (5,791) | | Purchase of Short Term Investments | - | - | (8,062) | | Other Investment Changes, Net | - | 3,616 | 5,000 | | Cash from Investing Activities | (184,565) | (115,305) | (102,937) | | | Issuance of Debt | 1,022,724 | 1,473,724 | 553,938 | | Issuance of Capital Stock | 60,249 | 224,475 | - | | | Repayment of Debt | (1,000,379) | (1,631,548) | (506,987) | | Repurchase of Capital Stock | - | - | - | | Payment of Cash Dividends | - | - | - | | Other Financing Charges, Net | 7,065 | (19,266) | (757) | | Cash from Financing Activities | 89,659 | 47,385 | 46,193 | | | | Effect of Exchange Rate Changes | (346) | (65) | 433 | | Net Change in Cash | 6,026 | (470) | 552 | | | Cash at Beginning of Year | 469 | 939 | 387 | | Cash at End of Period | 6,495 | 469 | 939 | | | |
