| Cash Flow for Lake Shore Gold Corp. (LSG:CA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (1,090) | (2,251) | (4,137) | (970) | (586) | | Depreciation & Amortization | 16 | - | - | - | - | | Deferred Income Taxes | (3,779) | - | - | - | - | | Operating Losses | - | (2,158) | - | 333 | 250 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (810) | 80 | (37) | 79 | (189) | | Decrease in Inventories | - | - | - | - | - | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 284 | 193 | (144) | 108 | (60) | | Increase in Other Current Liabilities | - | - | - | - | - | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 2,665 | 3,123 | 2,926 | - | - | | Net Cash from Continuing Operations | (2,714) | (1,014) | (1,393) | (449) | (586) | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (2,714) | (1,014) | (1,393) | (449) | (586) | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (15,090) | (10,319) | (9,559) | (4,380) | (3,467) | | Acquisitions | (8,186) | - | - | 2,433 | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | (3,780) | - | (15) | - | - | | Cash from Investing Activities | (27,056) | (10,319) | (9,574) | (1,947) | (3,767) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 28,205 | 22,259 | 9,463 | 4,308 | 5,412 | | | Repayment of Debt | (39) | - | - | - | - | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | 28,167 | 22,259 | 9,463 | 4,308 | 5,412 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (1,603) | 10,925 | (1,503) | 1,912 | 1,058 | | | Cash at Beginning of Year | 13,518 | 2,593 | 4,096 | 2,184 | 1,126 | | Cash at End of Period | 11,915 | 13,518 | 2,593 | 4,096 | 2,184 | | | |
