CNER Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Sep '10 Sep 30, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005
Net Income	-12.12	8.16	-1.37	2.83	1.93	3.13
Depreciation & Amortization	0.49	0.36	0.39	0.17	0.1	0.09
Loss (Gain) on Sale of Assets	-	-	-	-	-0.01	-
Change in Accounts Receivable	-0.19	-4.63	-0.29	0.25	-0.03	-1.63
Change in Inventory	-0.13	-0.1	0.08	-0.09	-0.01	-0.03
Change in Accounts Payable	1.04	0.78	-0.67	0.57	-0.35	0.39
Change in Income Taxes	0.98	1.37	-0.65	0.15	-0.16	1.85
Change in Other Net Operating Assets	1.66	-0.7	-2.44	-0.9	0.35	2.08
Other Operating Activities	14.19	-4.02	3.19	-0.62	-	-
Net Cash from Discontinued Operations	-4.65	-0.36	0.42	1.1	-	-
Operating Cash Flow	1.27	0.84	-1.34	3.49	1.85	5.94
Operating Cash Flow Growth	-	-	-	88.48%	-68.87%	-
Capital Expenditures	-6.78	-5.14	-1.85	-0.74	-1.55	-6.03
Cash Acquisitions	-20.77	-3.67	-	-	-	-
Divestitures	1.83	-	0.07	-	-	-
Other Investing Activities	2.12	0.22	-0.92	-0.88	-	-
Investing Cash Flow	-23.6	-8.59	-2.7	-1.61	-1.55	-6.03
Short-Term Debt Issued	-	-	0.34	0	0.01	-
Total Debt Issued	3.22	-	0.34	0	0.01	0.08
Short-Term Debt Repaid	-	-0.4	-	-	-	-
Total Debt Repaid	-0.4	-0.4	-	-	-	-
Net Debt Issued (Repaid)	2.82	-0.4	0.34	0	0.01	0.08
Other Financing Activities	0.16	0.48	-0.22	-	-	-
Financing Cash Flow	17.96	4.81	7.19	0	0.01	0.08
Foreign Exchange Rate Adjustments	0.07	-0.01	0.15	0.12	-0.03	-
Net Cash Flow	-4.3	-2.94	3.3	1.99	0.28	-0.01
Free Cash Flow	-5.5	-4.29	-3.19	2.75	0.3	-0.09
Free Cash Flow Growth	-	-	-	806.64%	-	-
Free Cash Flow Margin	-44.01%	-36.45%	-58.07%	55.88%	6.60%	-1.19%
Free Cash Flow Per Share	-0.05	-0.02	-0.03	0.03	-	-
Cash Interest Paid	-	-	-	-	0.07	0.05
Cash Income Tax Paid	2.27	1.3	1.89	1.13	-	-
Levered Free Cash Flow	40.86	-7.13	4.21	2.15	0.26	-
Unlevered Free Cash Flow	41.52	-7.12	4.23	2.15	0.3	-
Change in Working Capital	3.37	-3.29	-3.97	-0.02	-0.2	2.68

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