| Cash Flow for Winmark Corp. (WINA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 3,045 | 3,421 | 2,100 | 4,082 | 4,013 | | Depreciation & Amortization | 309 | 203 | 178 | 122 | 198 | | Deferred Income Taxes | (155) | 128 | - | 147 | 304 | | Operating Losses | 300 | (609) | 2,742 | 646 | 251 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | 568 | (415) | (104) | (21) | 339 | | Decrease in Inventories | (76) | (2) | 353 | 109 | 192 | | Decrease in Other Current Assets | - | - | (463) | - | - | | Increase in Payables | (194) | 452 | 93 | (428) | (152) | | Increase in Other Current Liabilities | 603 | 1,437 | 722 | 49 | (330) | | Decrease in Other Working Capital | 1,530 | 389 | - | - | - | | Other Non-Cash Items | (4) | 738 | - | - | - | | Net Cash from Continuing Operations | 6,254 | 5,092 | 5,120 | 4,707 | 5,094 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 6,254 | 5,092 | 5,120 | 4,707 | 5,094 | | | | Sale of Property, Plant, Equipment | - | - | 91 | 14 | 37 | | Sale of Short Term Investments | - | - | 1,945 | 1,093 | - | | | Purchase of Property, Plant, Equipment | (33,963) | (16,323) | (6,559) | (225) | (84) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | (312) | (3,500) | (4,299) | | Other Investment Changes, Net | 9,808 | 3,974 | 758 | (1,734) | (62) | | Cash from Investing Activities | (22,095) | (12,239) | (5,576) | (4,352) | (4,408) | | | Issuance of Debt | 29,196 | 33,838 | - | - | - | | Issuance of Capital Stock | 105 | 782 | 1,049 | 1,480 | 612 | | | Repayment of Debt | (7,914) | (17,860) | - | - | - | | Repurchase of Capital Stock | (5,564) | (12,276) | (3,961) | (5) | (1,875) | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | 233 | 752 | 333 | - | - | | Cash from Financing Activities | 16,056 | 5,236 | (2,579) | 1,474 | (1,263) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 215 | (1,910) | (3,036) | 1,830 | (577) | | | Cash at Beginning of Year | 1,038 | 2,948 | 5,984 | 4,153 | 4,730 | | Cash at End of Period | 1,253 | 1,038 | 2,948 | 5,984 | 4,153 | | | |
