Consolidated Eco-Systems, Inc. (EXSO)

Consolidated Eco-Systems Cash Flow Statement

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

Fiscal Year	TTM	FY 1996	FY 1995	FY 1994
Period Ending	Sep 30, 1997	Dec 31, 1996	Dec 31, 1995	Dec 31, 1994
Net Income	-10.51	-4.19	0.71	0.6
Depreciation & Amortization	1.88	1.88	0.89	0.5
Loss (Gain) From Sale of Assets	0.17	0.17	0	-0
Stock-Based Compensation	1.2	1.2	-	-
Change in Accounts Receivable	-0.45	-0.45	-2.02	-0.55
Change in Inventory	0.32	0.32	0.47	-0.87
Change in Accounts Payable	0.34	0.34	0.59	0.77
Change in Unearned Revenue	-0.13	-0.13	0.15	-0.06
Change in Income Taxes	-	-	0.1	-0.03
Change in Other Net Operating Assets	-1.17	-1.17	-0.29	-0.47
Operating Cash Flow	-2.98	-2.03	0.63	-0.1
Capital Expenditures	0.62	-5.3	-3.51	-4.87
Sale of Property, Plant & Equipment	0.39	0.39	0.24	0.41
Cash Acquisitions	-2.98	-2.98	-	-
Sale (Purchase) of Intangibles	-0.21	-0.21	-0.42	-0.03
Other Investing Activities	-2.49	-2.59	-0.03	-0.03
Investing Cash Flow	-4.68	-10.7	-3.72	-4.52
Long-Term Debt Issued	-	17.7	5.2	4.94
Long-Term Debt Repaid	-	-3.09	-2.89	-0.98
Net Debt Issued (Repaid)	8.54	14.61	2.31	3.96
Issuance of Common Stock	-	0.01	1.8	0.5
Common Dividends Paid	-0.04	-0.04	-0.49	-0.16
Financing Cash Flow	5.2	14.58	3.62	4.3
Net Cash Flow	-2.47	1.85	0.54	-0.32
Free Cash Flow	-2.36	-7.32	-2.88	-4.97
Free Cash Flow Margin	-7.45%	-24.41%	-13.18%	-29.85%
Free Cash Flow Per Share	-0.08	-0.56	-0.28	-0.50
Levered Free Cash Flow	-0.05	-5.58	-	-
Unlevered Free Cash Flow	-0.05	-5.58	-	-
Change in Net Working Capital	-5.21	-1.02	-	-

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