Beverly Hills Bancorp Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Sep '08 Sep 30, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004	Dec '03 Dec 31, 2003
Net Income	-15.9	0.5	14.81	15.05	26.73	6.89
Depreciation & Amortization	0.34	0.36	0.37	0.46	2.31	7.06
Gain (Loss) on Sale of Assets	-1.62	0.26	-7.63	-0.19	-0.1	-0.05
Gain (Loss) on Sale of Investments	4.07	-	-	-	-0.42	0.1
Total Asset Writedown	3.24	3.05	-	-	0.5	-0.28
Provision for Credit Losses	39.93	14.36	0.96	-0.04	0.4	-0.54
Accrued Interest Receivable	2.21	0.02	-2.4	-0.95	-1.13	-0.17
Change in Accounts Payable	-8.87	0.39	5.38	3.63	-6.47	0.91
Change in Income Taxes	-4.57	-3.6	3.91	-3.76	0.51	-1.45
Change in Other Net Operating Assets	0.38	1.4	-0.71	-0.29	-3.28	-0.94
Other Operating Activities	-8.22	-3.38	0.61	7.67	-5.69	1.81
Net Cash from Discontinued Operations	-	-	-	-	6.58	-3.91
Operating Cash Flow	11.28	13.64	15.53	22.16	23.23	9.42
Operating Cash Flow Growth	-25.33%	-12.16%	-29.90%	-4.63%	146.60%	625.25%
Capital Expenditures	-0.09	-0.06	-0.14	-1.03	-0.97	-1.53
Sale of Property, Plant and Equipment	-	0.01	-	0	0.01	0.02
Investment in Securities	101.35	50.63	-121.5	-30.48	-77.12	6.75
Divestitures	-	-	-148.89	-	48.2	10.09
Purchase / Sale of Intangibles	-	-	-	-	-	-8.65
Net Decrease (Increase) in Loans Originated / Sold - Investing	136.76	47.12	-94.86	-34.17	-306.51	-122.68
Other Investing Activities	6.93	-1.34	-0.03	-3.92	-9.79	-
Investing Cash Flow	249.66	97.94	-365.38	-67.56	-345.13	-115.17
Short-Term Debt Issued	-	-	20	-	39	-
Long-Term Debt Issued	-	595	839.27	366	530.8	183.01
Total Debt Issued	337	595	859.27	366	569.8	183.01
Short-Term Debt Repaid	-	-20	-23	-57	-	-3.87
Long-Term Debt Repaid	-	-480.34	-848	-310	-307.17	-149.93
Total Debt Repaid	-512.81	-500.34	-871	-367	-307.17	-153.8
Net Debt Issued (Repaid)	-175.81	94.66	-11.73	-1	262.63	29.22
Issuance of Common Stock	-	0.18	0.02	0.41	3.24	0.86
Repurchase of Common Stock	-	-	-24.75	-	-	-
Common Dividends Paid	-2.35	-7.05	-10.03	-10.62	-7.93	-
Net Increase (Decrease) in Deposit Accounts	-69.03	-213.42	402.37	62.69	68.55	77.63
Other Financing Activities	-	-	0.02	-0.65	-5.81	-1.2
Financing Cash Flow	-247.19	-125.63	355.9	50.83	320.69	106.51
Net Cash Flow	13.75	-14.04	6.05	5.43	-1.21	0.76
Free Cash Flow	11.19	13.58	15.39	21.13	22.26	7.89
Free Cash Flow Growth	-25.32%	-11.77%	-27.15%	-5.10%	182.22%	-
Free Cash Flow Margin	-	74.18%	45.88%	51.62%	64.49%	33.09%
Free Cash Flow Per Share	0.60	0.72	0.75	0.98	1.04	0.39
Cash Interest Paid	65.85	70.11	50.63	34.29	25.06	22.18
Cash Income Tax Paid	2.93	6.89	4.13	7.34	0.45	1.49

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