Encore Energy Systems, Inc. (ENCS)

Encore Energy Systems Cash Flow Statement

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

Fiscal Year	FY 2008	FY 2007	FY 2003	FY 2002	FY 2001
Period Ending	Dec 31, 2008	Dec 31, 2007	Jun 30, 2003	Jun 30, 2002	Jun 30, 2001
Net Income	-	-	-1.59	-1.99	-1.09
Depreciation & Amortization	-	-	0.01	0.01	0.03
Stock-Based Compensation	-	-	-	0.07	-
Other Operating Activities	-	-	-	1.08	0.33
Change in Accounts Receivable	-	-	-0.03	-0	0
Change in Inventory	-	-	-0.04	-0.01	-
Change in Accounts Payable	-	-	0.06	-0.09	0.12
Change in Other Net Operating Assets	-	-	1.18	0.08	0.08
Operating Cash Flow	-	-	-0.4	-0.84	-0.53
Capital Expenditures	-	-	-0.04	-0	-0.01
Cash Acquisitions	-	-	-	-0.15	-
Other Investing Activities	-	-	-0.22	0.25	-0.25
Investing Cash Flow	-	-	-0.27	0.1	-0.26
Long-Term Debt Issued	-	-	0.41	1	0.73
Long-Term Debt Repaid	-	-	-0.02	-0.1	-0.07
Net Debt Issued (Repaid)	-	-	0.39	0.9	0.66
Issuance of Common Stock	-	-	-	0.12	0.1
Financing Cash Flow	-	-	0.39	1.02	0.77
Net Cash Flow	-	-	-0.28	0.28	-0.02
Free Cash Flow	-	-	-0.44	-0.85	-0.54
Free Cash Flow Margin	-	-	-78.02%	-1077.38%	-10684.28%
Free Cash Flow Per Share	-	-	-0.01	-0.03	-0.02
Cash Interest Paid	-	-	0.02	0	0.02
Levered Free Cash Flow	-	-	-0.86	-0.98	-0.72
Unlevered Free Cash Flow	-	-	-0.26	-0.31	-0.46
Change in Working Capital	-	-	1.17	-0.01	0.2

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