Magellan Energy Cash Flow Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 1997	FY 1996	FY 1995	FY 1994	FY 1993
Period Ending	Oct '98 Oct 3, 1998	Jan '98 Jan 3, 1998	Dec '96 Dec 31, 1996	Dec '95 Dec 31, 1995	Dec '94 Dec 31, 1994	Dec '93 Dec 31, 1993
Net Income	-5.13	-4.35	0.32	-0.26	-0.09	-0.02
Depreciation & Amortization	1.79	1.8	0.53	0.24	0.04	0.01
Asset Writedown & Restructuring Costs	0.49	0.49	-	-	-	-
Stock-Based Compensation	-	-	-	0.03	-	-
Other Operating Activities	-0.35	-0.73	0.04	0	0	-0.28
Change in Accounts Receivable	0.69	0.02	-0.12	-0.27	-0.26	-0.35
Change in Inventory	0.3	-0.32	-0.09	0.77	-0.23	0.23
Change in Accounts Payable	-0.03	1.35	-0.2	0.21	0.49	0.85
Change in Income Taxes	1.08	-0.17	-0.09	0.03	-0.1	0.2
Change in Other Net Operating Assets	-0.44	-0.78	0.63	0.36	-0.06	0.04
Operating Cash Flow	-1.85	-2.68	1.01	1.13	-0.26	0.66
Operating Cash Flow Growth	-	-	-10.05%	-	-	-
Capital Expenditures	-2.1	-0.44	-0.05	-0.03	-0.15	-0.14
Cash Acquisitions	-	0.17	-1.25	-3.9	-	-0.96
Investment in Securities	-	-	-1.39	-	-	-
Other Investing Activities	-0.01	-	-	0.01	0.13	-1.02
Investing Cash Flow	-1.39	-0.27	-2.69	-3.91	-0.01	-2.11
Short-Term Debt Issued	-	1.96	-	1.45	0.25	-
Long-Term Debt Issued	-	-	0.59	1.95	-	-
Total Debt Issued	3.82	1.96	0.59	3.4	0.25	1.95
Short-Term Debt Repaid	-	-	-2.21	-	-	-
Long-Term Debt Repaid	-	-1.64	-0.66	-1.07	-0.14	-
Total Debt Repaid	-3.57	-1.64	-2.87	-1.07	-0.14	-0.33
Net Debt Issued (Repaid)	0.24	0.32	-2.28	2.33	0.11	1.62
Issuance of Common Stock	2.71	2.07	3.55	1.09	-	0.2
Repurchase of Common Stock	-	-	-0.19	-	-	-
Preferred Dividends Paid	-0.25	-0.09	-0.04	-	-	-
Dividends Paid	-0.25	-0.09	-0.04	-	-	-
Other Financing Activities	-	-	-	-0.21	-	-0.06
Financing Cash Flow	3.35	2.3	1.97	3.21	0.11	1.76
Net Cash Flow	0.11	-0.64	0.28	0.43	-0.16	0.31
Free Cash Flow	-3.96	-3.12	0.96	1.1	-0.4	0.52
Free Cash Flow Growth	-	-	-12.21%	-	-	-
Free Cash Flow Margin	-12.11%	-7.18%	4.07%	7.10%	-7.70%	12.00%
Cash Interest Paid	1.72	1.72	0.71	-	0.13	0.09
Cash Income Tax Paid	-	-	0.34	-	-	-
Levered Free Cash Flow	2.61	0.01	-0.3	-4.21	-	-
Unlevered Free Cash Flow	3.65	0.92	0.15	-3.8	-	-
Change in Working Capital	1.34	0.1	0.13	1.11	-0.17	0.97

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