| Cash Flow for Terravest Income Fund (TI.UN:CA) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Net Income | (19,917) | (205) | 10,091 | | Depreciation & Amortization | 4,800 | 4,853 | - | | Deferred Income Taxes | (7,471) | (1,064) | 1,057 | | Operating Losses | (8,269) | (5,245) | 3,379 | | Extraordinary Losses | - | - | - | | | Decrease in Receivables | 6,975 | 6,546 | - | | Decrease in Inventories | 5,410 | (5,501) | - | | Decrease in Other Current Assets | (371) | - | - | | Increase in Payables | (1,559) | (4,803) | - | | Increase in Other Current Liabilities | (2,135) | 1,338 | - | | Decrease in Other Working Capital | - | - | (7,593) | | Other Non-Cash Items | 43,003 | 24,586 | - | | Net Cash from Continuing Operations | 24,272 | 24,640 | 14,454 | | Net Cash from Discontinued Operations | - | - | - | | Cash from Operating Activities | 24,272 | 24,640 | 14,454 | | | | Sale of Property, Plant, Equipment | 302 | 78 | 296 | | Sale of Short Term Investments | - | - | - | | | Purchase of Property, Plant, Equipment | (2,552) | (7,139) | (2,885) | | Acquisitions | - | - | (101,181) | | Purchase of Short Term Investments | - | - | - | | Other Investment Changes, Net | - | - | - | | Cash from Investing Activities | (2,250) | (7,061) | (103,770) | | | Issuance of Debt | 26,588 | - | 74,521 | | Issuance of Capital Stock | - | 32,216 | 33,017 | | | Repayment of Debt | (30,040) | (33,529) | (17,246) | | Repurchase of Capital Stock | (61) | - | - | | Payment of Cash Dividends | (15,246) | (21,029) | - | | Other Financing Charges, Net | (1,258) | 2,191 | - | | Cash from Financing Activities | (20,017) | (20,151) | 90,292 | | | | Effect of Exchange Rate Changes | - | - | - | | Net Change in Cash | 2,005 | (2,572) | 976 | | | Cash at Beginning of Year | (1,337) | 1,235 | 259 | | Cash at End of Period | 668 | (1,337) | 1,235 | | | |
