Clean Energy Pathways Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Jun '12 Jun 30, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008
Net Income	4.63	3.53	-5.28	-8.05	-
Depreciation & Amortization	0	0	0	0	-
Loss (Gain) From Sale of Assets	-	0.03	-	-	-
Stock-Based Compensation	0.13	0.79	0.98	7.8	-
Change in Accounts Receivable	-0	0.03	0.17	-0.21	-
Change in Inventory	0.11	0.11	-0.14	-	-
Change in Accounts Payable	0.05	0.02	-0.2	0.24	-
Change in Unearned Revenue	-4.94	-4.94	2.68	2.26	-
Change in Income Taxes	-	0.02	-0.02	-	-
Change in Other Net Operating Assets	0	0.02	-0.28	0.31	-
Operating Cash Flow	0.01	-0.38	-2.09	2.35	-
Capital Expenditures	-	-	-	-0.04	-
Investing Cash Flow	-	-	-	-0.04	-
Short-Term Debt Issued	-	-	-	0.95	-
Total Debt Issued	-0.01	-	-	0.95	-
Short-Term Debt Repaid	-	-	-	-0.95	-
Total Debt Repaid	-	-	-	-0.95	-
Issuance of Common Stock	-	-	-	0.43	-
Repurchase of Common Stock	-	-	-0.2	-	-
Financing Cash Flow	-0.01	-	-0.2	0.43	-
Net Cash Flow	-0.01	-0.38	-2.28	2.74	-
Free Cash Flow	0.01	-0.38	-2.09	2.31	-
Free Cash Flow Margin	0.28%	-16.54%	-149.82%	34.01%	-
Free Cash Flow Per Share	-	-0.00	-0.04	0.06	-
Levered Free Cash Flow	-1.28	-4.81	-0.11	4.82	-
Unlevered Free Cash Flow	-1.28	-4.81	-0.11	4.82	-
Change in Net Working Capital	1.23	4.73	-2.21	-2.09	-

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