Asia Broadband Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2004	FY 2003	FY 2002
Period Ending	Dec '04 Dec 31, 2004	Dec '03 Dec 31, 2003	Dec '02 Dec 31, 2002
Net Income	-3.24	-2.17	-0.81
Depreciation & Amortization	0.02	0.02	0.04
Other Amortization	0.16	0.02	0.01
Asset Writedown & Restructuring Costs	0.03	0.14	-
Stock-Based Compensation	1.03	0.69	0.08
Other Operating Activities	0.02	0.04	-
Change in Accounts Receivable	-0	-0	0
Change in Accounts Payable	0.13	0.37	0.03
Change in Unearned Revenue	0.06	-	-
Change in Other Net Operating Assets	-0.19	0.16	-0.11
Operating Cash Flow	-2.02	-0.79	-0.82
Capital Expenditures	-0.06	-0.02	-0.02
Cash Acquisitions	-	-0.15	-
Investing Cash Flow	-0.06	-0.17	-0.02
Long-Term Debt Issued	1.15	-	0.3
Net Debt Issued (Repaid)	1.15	-	0.3
Issuance of Common Stock	1.15	1.54	0.25
Financing Cash Flow	2.29	1.54	0.55
Net Cash Flow	0.22	0.58	-0.29
Free Cash Flow	-2.07	-0.81	-0.84
Free Cash Flow Margin	-4099.78%	-	-
Free Cash Flow Per Share	-0.06	-0.03	-0.05
Levered Free Cash Flow	-1.18	-0.31	-
Unlevered Free Cash Flow	-1.23	-0.31	-
Change in Working Capital	-0	0.53	-0.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.