Jade Art Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Sep '10 Sep 30, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006
Net Income	8.61	13.17	70.81	-	8.6
Depreciation & Amortization	2.88	2.87	2.86	0.09	0.08
Stock-Based Compensation	0.02	0.08	1.02	3.6	-
Provision & Write-off of Bad Debts	0.25	0.25	-	-	-
Other Operating Activities	-0.25	-	-55.29	-	-
Change in Accounts Receivable	2.22	-6.26	-1.21	7.37	0.51
Change in Inventory	-	-	-0.1	0.36	0.59
Change in Accounts Payable	0.34	0.37	0.6	-4.23	-0.85
Change in Unearned Revenue	-	-0.15	0.09	0.11	0.08
Change in Income Taxes	-2.71	0.78	0.94	-1.57	1.46
Change in Other Net Operating Assets	0.02	-	-0.05	-6.75	5.29
Operating Cash Flow	11.38	11.12	19.78	0.81	15.76
Operating Cash Flow Growth	-23.39%	-43.77%	2335.20%	-94.85%	-
Capital Expenditures	-	-	-0.03	-0	-0
Cash Acquisitions	-8.79	-8.79	-	-	-
Sale (Purchase) of Intangibles	-	-	-8.81	-	-
Investing Cash Flow	-	-8.79	-8.84	-0	-0
Short-Term Debt Issued	-	-	10	-	-
Total Debt Issued	-	-	10	1.46	2.92
Short-Term Debt Repaid	-	-2.26	-22.07	-	-
Total Debt Repaid	-	-2.26	-22.07	-2.06	-2.87
Net Debt Issued (Repaid)	-	-2.26	-12.07	-0.61	0.05
Common Dividends Paid	-	-	-	-	-17.03
Financing Cash Flow	-	-2.26	-12.07	-0.61	-16.98
Foreign Exchange Rate Adjustments	0.55	0.01	0.9	0.26	0.89
Net Cash Flow	11.93	0.08	-0.23	0.47	-0.34
Free Cash Flow	11.38	11.12	19.75	0.81	15.76
Free Cash Flow Growth	-23.39%	-43.67%	2339.59%	-94.86%	-
Free Cash Flow Margin	60.71%	43.95%	64.67%	-	61.60%
Free Cash Flow Per Share	0.14	0.14	0.24	0.01	0.21
Cash Interest Paid	-	0.01	0.42	0	0
Cash Income Tax Paid	3.77	4.78	5.81	3.28	1.02
Levered Free Cash Flow	10.74	9.66	13.73	-	-
Unlevered Free Cash Flow	10.74	9.66	14	-	-
Change in Net Working Capital	-0.06	5	-4.88	-	-

Updated Nov 15, 2010. Source: S&P Global Market Intelligence. Standard template. Financial Sources.