China Health Management Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2000	FY 1999	FY 1998	FY 1997
Period Ending	Jun '00 Jun 30, 2000	Jun '99 Jun 30, 1999	Jun '98 Jun 30, 1998	Jun '97 Jun 30, 1997
Net Income	-18.35	-5.36	-1.1	2.92
Depreciation & Amortization	0.4	0.61	0.2	0.07
Stock-Based Compensation	1.92	0.17	0.03	-
Other Operating Activities	5.84	1.49	-0.44	-
Change in Accounts Receivable	0.12	-0.17	-0	0.26
Change in Inventory	-11	-0.86	-0.42	-0.3
Change in Accounts Payable	3.16	0.25	0.33	0.34
Change in Other Net Operating Assets	-0.69	-0.17	-0.12	-0
Operating Cash Flow	-18.6	-5.09	-0.48	3.29
Capital Expenditures	-0.41	-0.12	-0.04	-0.26
Sale (Purchase) of Intangibles	-0.7	-0.2	-	-
Investing Cash Flow	-1.11	-0.32	-0.04	-0.26
Long-Term Debt Issued	0.15	-	0.4	-
Long-Term Debt Repaid	-	-	-1.64	-0.76
Net Debt Issued (Repaid)	0.15	-	-1.24	-0.76
Issuance of Common Stock	9.33	15.61	0.64	-
Preferred Dividends Paid	-	-0.04	-	-
Common Dividends Paid	-	-	-	-1.92
Dividends Paid	-	-0.04	-	-1.92
Other Financing Activities	-	-0	-	-
Financing Cash Flow	13.69	11.77	2.29	-2.68
Foreign Exchange Rate Adjustments	-0	-	-	-
Net Cash Flow	-6.02	6.36	1.77	0.35
Free Cash Flow	-19.01	-5.21	-0.52	3.03
Free Cash Flow Margin	-3468.91%	-1308.32%	-6666.35%	22.55%
Free Cash Flow Per Share	-1144.68	-	-	-
Cash Interest Paid	0.01	0	0.07	-
Levered Free Cash Flow	-12.78	-2.5	-1.3	-
Unlevered Free Cash Flow	-12.77	-2.45	-1.21	-
Change in Working Capital	-8.41	-0.94	-0.21	0.3

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