Echo Defense Projects Inc. (ECDP)

Echo Defense Projects Cash Flow Statement

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

Fiscal Year	FY 2010	FY 2009
Period Ending	Dec 31, 2010	Dec 31, 2009
Net Income	-0.2	-0.01
Stock-Based Compensation	0.04	-
Other Operating Activities	-0.01	-
Change in Accounts Receivable	0.01	0.01
Change in Accounts Payable	-	-0.01
Operating Cash Flow	-0.16	-0.01
Short-Term Debt Issued	0.17	-
Total Debt Issued	0.17	-
Short-Term Debt Repaid	-0.01	-
Total Debt Repaid	-0.01	-
Net Debt Issued (Repaid)	0.17	-
Issuance of Common Stock	0.01	-
Financing Cash Flow	0.17	-
Net Cash Flow	0.01	-0.01
Levered Free Cash Flow	-0.08	-
Unlevered Free Cash Flow	-0.08	-
Change in Net Working Capital	-0.01	-

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