American Racing Capital, Inc. (AMRA)

American Racing Capital Cash Flow Statement

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

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Mar 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Net Income	-8.33	-6.6	-5.19	-0.12	-0
Depreciation & Amortization	0.01	0	0	0	0
Other Amortization	1.06	0.85	0.15	-	-
Loss (Gain) on Equity Investments	-0.01	0	0.01	-	-
Stock-Based Compensation	5.25	3.95	5.71	-	-
Other Operating Activities	0.31	0.31	0.05	-	-
Change in Accounts Payable	0.49	0.31	0.18	0.08	0
Change in Other Net Operating Assets	-	-0.01	-0	-	-
Operating Cash Flow	-1.22	-1.17	-0.42	-0.04	0
Capital Expenditures	-	-	-	-0	-0.01
Cash Acquisitions	-0.25	-0.25	-0.45	-	-
Investing Cash Flow	-0.25	-0.25	-0.45	-0	-0.01
Short-Term Debt Issued	-	-	-	0.01	0
Long-Term Debt Issued	-	1.5	1	0.03	-
Total Debt Issued	1.6	1.5	1	0.04	0
Long-Term Debt Repaid	-	-0.2	-	-	-
Net Debt Issued (Repaid)	1.4	1.3	1	0.04	0
Issuance of Common Stock	-	-	-	0	0
Other Financing Activities	0.11	0.11	-0.1	-	-
Financing Cash Flow	1.51	1.41	0.9	0.04	0
Net Cash Flow	0.05	-0.02	0.02	-0	0
Free Cash Flow	-1.22	-1.17	-0.42	-0.04	-0
Free Cash Flow Margin	-207.92%	-241.96%	-	-	-4.00%
Free Cash Flow Per Share	-0.05	-0.08	-0.27	-0.13	-
Levered Free Cash Flow	1.6	0.58	2.02	-	-
Unlevered Free Cash Flow	1.27	0.49	1.98	-	-
Change in Net Working Capital	0.1	-0.3	-0.18	-0.08	-

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