Delphax Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003
Period Ending	Jun '08 Jun 30, 2008	Sep '07 Sep 30, 2007	Sep '06 Sep 30, 2006	Sep '05 Sep 30, 2005	Sep '04 Sep 30, 2004	Sep '03 Sep 30, 2003
Net Income	-7.5	-0.79	-9.62	0.31	-0.39	-1.83
Depreciation & Amortization	0.43	0.57	0.95	1.1	1.35	1.72
Other Amortization	0.29	0.39	0.36	0.34	-	-
Loss (Gain) From Sale of Assets	-	0.01	0.02	-	0.14	-
Stock-Based Compensation	0.24	0.25	0.31	0.22	0.19	-
Other Operating Activities	0.24	0.09	-0.02	0.08	0.29	0.09
Change in Accounts Receivable	1.04	-0.88	0.32	1.25	3.36	-0.78
Change in Inventory	2.07	2.23	2.6	2.22	-3.63	3.47
Change in Accounts Payable	0.02	-3.69	2.54	-2.57	1.9	-1.04
Change in Unearned Revenue	-	-	-	-	-0.66	0.63
Change in Other Net Operating Assets	0.45	0.03	0.59	0.14	-0.35	0.29
Operating Cash Flow	-2.72	-1.78	-1.97	3.08	2.2	2.54
Operating Cash Flow Growth	-	-	-	39.72%	-13.13%	-33.79%
Capital Expenditures	-0.11	-0.08	-0.24	-0.18	-0.13	-0.71
Sale of Property, Plant & Equipment	-	-	0	-	-	-
Investment in Securities	-	-	-	-	0.05	0.04
Investing Cash Flow	-0.11	-0.08	-0.23	-0.18	-0.08	-0.67
Short-Term Debt Issued	-	0.17	0.54	0.01	0.13	-
Long-Term Debt Issued	-	7	1.56	-	3	-
Total Debt Issued	8.56	7.17	2.11	0.01	3.13	-
Long-Term Debt Repaid	-	-4.49	-0.11	-3.5	-6.76	-1.41
Net Debt Issued (Repaid)	4.28	2.69	1.99	-3.49	-3.63	-1.41
Issuance of Common Stock	-	-	0.01	0.01	0.09	0.11
Other Financing Activities	-1.24	-1.05	-	-	-	-
Financing Cash Flow	3.04	1.64	2	-3.48	-3.54	-1.31
Foreign Exchange Rate Adjustments	-0.05	0.19	0.05	0	0.06	0.39
Net Cash Flow	0.16	-0.03	-0.15	-0.58	-1.36	0.95
Free Cash Flow	-2.83	-1.86	-2.2	2.9	2.07	1.82
Free Cash Flow Growth	-	-	-	39.73%	13.77%	-42.82%
Free Cash Flow Margin	-7.00%	-4.18%	-4.52%	5.61%	3.87%	3.14%
Free Cash Flow Per Share	-0.43	-0.29	-0.34	0.46	0.33	0.29
Cash Interest Paid	0.91	0.91	0.51	0.47	0.56	0.88
Cash Income Tax Paid	0.05	0.05	0.09	0.53	0.29	0.15
Levered Free Cash Flow	0.47	-1.81	5.49	2.74	1.77	2.84
Unlevered Free Cash Flow	1.32	-1.26	5.95	3.2	2.37	3.35
Change in Working Capital	3.58	-2.3	6.04	1.04	0.62	2.56

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