Pennant Energy Inc.

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Pennant Energy Inc. (PEN)

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r t ttCash Flow for r t ttPennant Energy Inc.r t (PEN:CA) r tt r tttr tt

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r r r r r r r

Cash Flow

in Thousands of Dollars

r r

06/2012

06/2011

06/2010

06/2009

06/2008

Net Income

(1,566)

(1,403)

(1,498)

(436)

(1,179)

Depreciation

156

692

176

171

678

Amortization

Amortization of Intagibles

Deferred Income Taxes

N/A

(173)

Operating Gains/Losses

Extraordinary Gains/Losses

Decrease in Receivables

(195)

138

261

(204)

Decrease in Inventories

Decrease in Prepaid Expenses

(30)

Decrease in Other Current Assets

Increase in Payables

(1,318)

1,385

(10)

(969)

Increase in Other Current Liabilities

Decrease in Other Working Capital

(1,318)

Other Non-Cash Items

604

532

1,264

123

227

Net Cash from Continuing Operations

(2,030)

982

125

(1,620)

Net Cash from Discontinued Operations

Cash from Operating Activities

(2,030)

982

125

(1,620)

Sale of Property, Plant, Equipment

Sale of Long Term Investments

Sale of Short Term Investments

Purchase of Property, Plant, Equipment

(4,665)

(867)

Acquisitions

Purchase of Long Term Investments

Purchase of Short Term Investments

Other Investment Changes, Net

Cash from Investing Activities

(4,665)

(1,388)

(1,239)

(497)

(867)

Cash from Discontinued Investing Activities

Issuance of Debt

Issuance of Capital Stock

6,676

1,251

676

606

Repayment of Debt

(283)

(50)

Repurchase of Capital Stock

Payment of Cash Dividends

Other Financing Charges, Net

(414)

(69)

309

(23)

878

Cash from Financing Activities

5,979

1,133

985

583

964

Cash from Discontinued Financing Activities

Effect of Exchange Rate Changes

Net Change in Cash

(716)

727

(185)

211

(1,522)

Cash at Beginning of Year

972

245

430

219

1,741

Cash at End of Period

256

972

245

430

219

Foreign Sales

N/A

Domestic Sales

N/A

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