| Cash Flow for Canaccord Capital Inc. (CCI:CA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 03/2008 | 03/2007 | 03/2006 | 03/2005 | | | Net Income | 31,334 | 93,456 | 81,150 | 48,579 | | Depreciation & Amortization | - | - | - | - | | Deferred Income Taxes | (18,877) | (8,142) | (6,777) | (4,965) | | Operating Losses | - | - | (1,633) | - | | Extraordinary Losses | - | - | - | - | | | Decrease in Receivables | 214,848 | (96,057) | (491,473) | (70,916) | | Decrease in Inventories | - | - | - | - | | Decrease in Other Current Assets | 254,845 | (144,716) | (43,851) | - | | Increase in Payables | (460,780) | 286,796 | 599,930 | 213,677 | | Increase in Other Current Liabilities | (23,077) | 2,777 | (59,136) | (10,168) | | Decrease in Other Working Capital | - | - | - | 39,903 | | Other Non-Cash Items | 33,450 | 194 | - | - | | Net Cash from Continuing Operations | 40,279 | 142,459 | 83,384 | 219,973 | | Net Cash from Discontinued Operations | - | - | - | - | | Cash from Operating Activities | 40,279 | 142,459 | 83,384 | 219,973 | | | | Sale of Property, Plant, Equipment | - | - | - | - | | Sale of Short Term Investments | - | - | 1,639 | - | | | Purchase of Property, Plant, Equipment | (11,756) | (18,514) | (16,630) | (4,562) | | Acquisitions | (47,657) | - | (15,669) | - | | Purchase of Short Term Investments | - | - | - | - | | Other Investment Changes, Net | - | - | 41,618 | (12,557) | | Cash from Investing Activities | (59,413) | (18,514) | 10,958 | (17,119) | | | Issuance of Debt | - | 25,000 | - | 12,853 | | Issuance of Capital Stock | 350 | - | 6,574 | 71,865 | | | Repayment of Debt | - | (3,377) | (56,081) | (10,020) | | Repurchase of Capital Stock | (27,744) | (83) | (4,631) | (379) | | Payment of Cash Dividends | (22,396) | (16,260) | (14,455) | (13,835) | | Other Financing Charges, Net | (4,629) | - | - | (1,415) | | Cash from Financing Activities | (54,419) | 5,280 | (68,593) | 59,069 | | | | Effect of Exchange Rate Changes | (12,476) | 11,592 | (9,626) | (1,648) | | Net Change in Cash | (86,029) | 140,817 | 16,123 | 260,275 | | | Cash at Beginning of Year | 506,640 | 365,823 | 349,700 | 89,425 | | Cash at End of Period | 420,611 | 506,640 | 365,823 | 349,700 | | | |
