| Cash Flow for Pacific Northern Gas Ltd (PNG:CA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 4,373 | 4,951 | 6,660 | 5,408 | 5,668 | | Depreciation & Amortization | 8,209 | 8,494 | 8,905 | 8,800 | 8,452 | | Deferred Income Taxes | (1,035) | - | 1,639 | 1,474 | 890 | | Operating Losses | (429) | 253 | (1,570) | (1,023) | (857) | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (6,642) | (701) | (5,540) | 1,796 | (3,864) | | Decrease in Inventories | 540 | 85 | (963) | 490 | (850) | | Decrease in Other Current Assets | (416) | - | - | (362) | - | | Increase in Payables | (3,873) | 973 | 5,075 | 1,207 | 945 | | Increase in Other Current Liabilities | (1,932) | 9,348 | (814) | (1,341) | 1,776 | | Decrease in Other Working Capital | - | - | - | - | - | | Other Non-Cash Items | 452 | 595 | - | - | - | | Net Cash from Continuing Operations | (2,619) | 17,574 | 11,807 | 16,367 | 12,227 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | (2,619) | 17,574 | 11,807 | 16,367 | 12,227 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | - | - | - | - | - | | | Purchase of Property, Plant, Equipment | (9,175) | (8,093) | (6,753) | (11,276) | (5,406) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | - | - | - | - | - | | Other Investment Changes, Net | 1,180 | 15,103 | (1,737) | (1,096) | (2,519) | | Cash from Investing Activities | (7,995) | 7,010 | (8,490) | (12,372) | (7,925) | | | Issuance of Debt | 20,494 | - | 4,113 | 3,146 | 2,900 | | Issuance of Capital Stock | 268 | 199 | 185 | 143 | 36 | | | Repayment of Debt | (17,660) | (9,965) | (4,380) | (4,380) | (3,895) | | Repurchase of Capital Stock | - | - | - | - | - | | Payment of Cash Dividends | (3,260) | (3,244) | (3,235) | (3,217) | (13,057) | | Other Financing Charges, Net | - | - | - | - | - | | Cash from Financing Activities | (158) | (13,010) | (3,317) | (4,308) | (14,016) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | (10,772) | 11,574 | - | (313) | (9,714) | | | Cash at Beginning of Year | 11,574 | - | - | 313 | 10,027 | | Cash at End of Period | 802 | 11,574 | - | - | 313 | | | |
