HCEI 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
Period Ending	Mar '12 Mar 31, 2012	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009
Net Income	0.09	0.22	0.12	0.01
Depreciation & Amortization	0.01	0.01	0	0.01
Other Operating Activities	0.02	0.05	-0.07	-0.08
Change in Other Net Operating Assets	-0.29	-0.54	0.16	0.6
Operating Cash Flow	-0.17	-0.27	0.22	0.53
Operating Cash Flow Growth	-	-	-59.45%	-
Capital Expenditures	-0	-0	-0.01	-0.06
Investment in Securities	-	-	-0.44	-2.19
Other Investing Activities	-	-	-0	-0.07
Investing Cash Flow	-0	-0	-0.45	-2.33
Long-Term Debt Issued	-	-	-	0.07
Net Debt Issued (Repaid)	-	-	-	0.07
Issuance of Common Stock	0.14	0.25	0.27	1.85
Financing Cash Flow	0.14	0.25	0.27	1.92
Miscellaneous Cash Flow Adjustments	-	-	-	-0.07
Net Cash Flow	-0.03	-0.02	0.04	0.06
Free Cash Flow	-0.17	-0.27	0.21	0.47
Free Cash Flow Growth	-	-	-55.63%	-
Free Cash Flow Margin	-10.74%	-14.40%	14.91%	94.29%
Levered Free Cash Flow	0.05	-0.33	0	-
Unlevered Free Cash Flow	0.05	-0.33	0	-
Change in Net Working Capital	0.03	0.49	0.09	-

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