| Cash Flow for Pantera Drilling Income Trust (RIG.UN:CA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Net Income | 3,395 | 5,963 | 3,891 | | Depreciation & Amortization | 2,387 | 1,994 | 1,560 | | Deferred Income Taxes | - | - | - | | Operating Losses | - | (73) | (60) | | Extraordinary Losses | - | - | - | | | Decrease in Receivables | - | - | (2,630) | | Decrease in Inventories | - | - | - | | Decrease in Other Current Assets | - | - | - | | Increase in Payables | - | - | 866 | | Increase in Other Current Liabilities | - | - | 964 | | Decrease in Other Working Capital | 678 | (318) | - | | Other Non-Cash Items | - | - | - | | Net Cash from Continuing Operations | 6,461 | 7,566 | 4,299 | | Net Cash from Discontinued Operations | - | - | - | | Cash from Operating Activities | 6,461 | 7,566 | 4,299 | | | | Sale of Property, Plant, Equipment | - | 1,447 | - | | Sale of Short Term Investments | - | - | - | | | Purchase of Property, Plant, Equipment | (4,829) | (24,276) | (11,777) | | Acquisitions | - | - | - | | Purchase of Short Term Investments | - | - | - | | Other Investment Changes, Net | (3,345) | 2,985 | 1,882 | | Cash from Investing Activities | (8,174) | (19,844) | (9,895) | | | Issuance of Debt | - | 18,576 | 24,023 | | Issuance of Capital Stock | - | 25,000 | 198 | | | Repayment of Debt | (235) | (24,259) | (18,684) | | Repurchase of Capital Stock | - | - | - | | Payment of Cash Dividends | - | (4,091) | - | | Other Financing Charges, Net | 1,459 | (1,731) | - | | Cash from Financing Activities | 1,224 | 13,495 | 5,537 | | | | Effect of Exchange Rate Changes | - | - | - | | Net Change in Cash | (489) | 1,217 | (59) | | | Cash at Beginning of Year | 1,217 | - | 59 | | Cash at End of Period | 728 | 1,217 | - | | | |
