| Cash Flow for Zareba Systems Inc. (ZRBA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2008 | 06/2007 | 06/2006 | 06/2005 | 06/2004 | | | Net Income | (5,199) | 610 | (301) | 850 | 1,964 | | Depreciation & Amortization | 1,126 | 1,289 | 1,448 | 1,392 | 949 | | Deferred Income Taxes | (253) | (210) | (144) | (71) | - | | Operating Losses | (2,520) | 5 | 46 | 132 | (1,205) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (443) | 588 | (871) | (199) | 409 | | Decrease in Inventories | (10) | (47) | (993) | 811 | (155) | | Decrease in Other Current Assets | - | - | - | - | 313 | | Increase in Payables | (1,294) | (252) | 2,154 | (733) | (324) | | Increase in Other Current Liabilities | - | - | - | (361) | - | | Decrease in Other Working Capital | (431) | (164) | (159) | - | - | | Other Non-Cash Items | 7,145 | (66) | 569 | - | - | | Net Cash from Continuing Operations | (1,879) | 1,753 | 1,749 | 1,684 | 1,817 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (1,879) | 1,753 | 1,749 | 1,684 | 1,817 | | | | Sale of Property, Plant, Equipment | - | - | - | - | 1,708 | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (261) | (176) | (347) | (272) | (336) | | Acquisitions | 5,000 | (11) | (46) | (8,517) | (2,099) | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | - | - | - | (91) | 181 | | Cash from Investing Activities | 4,739 | (187) | (393) | (8,880) | (546) | | | Issuance of Debt | 3,360 | 152 | 585 | 11,210 | 727 | | Issuance of Capital Stock | 53 | 108 | 93 | 116 | 206 | | | Repayment of Debt | (7,252) | (1,482) | (1,333) | (2,352) | (2,668) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | (96) | (96) | (92) | | Other Financing Charges, Net | (40) | (250) | (250) | (634) | (250) | | Cash from Financing Activities | (3,879) | (1,472) | (1,001) | 8,244 | (2,077) | | | | Effect of Exchange Rate Changes | 38 | 106 | 5 | 6 | - | | Net Change in Cash | (981) | 200 | 360 | 1,054 | (806) | | | Cash at Beginning of Year | 1,614 | 1,414 | 1,054 | - | 806 | | Cash at End of Period | 633 | 1,614 | 1,414 | 1,054 | - | | | |
