Meridian Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2005	FY 2004	FY 2003	FY 2002	FY 2001
Period Ending	Jun '06 Jun 30, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004	Dec '03 Dec 31, 2003	Dec '02 Dec 31, 2002	Dec '01 Dec 31, 2001
Net Income	-1.31	-1.36	-0.52	0.14	-0.04	-0.01
Depreciation & Amortization	0.01	0.02	0.02	0.03	0.05	-
Loss (Gain) From Sale of Assets	1.42	1.42	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-	2.36
Loss (Gain) on Equity Investments	0.01	0.01	0.03	0.05	-0.11	0.57
Stock-Based Compensation	-	-	0.5	-	-	-
Other Operating Activities	0	0	-	-0	0	-3.05
Change in Accounts Receivable	-0.37	-0.6	-0.15	-0.34	0.33	0.04
Change in Accounts Payable	-0.24	0	0.07	-0.05	0.08	-0.17
Change in Other Net Operating Assets	0.36	0.36	0.33	-0.31	0.17	-0.37
Operating Cash Flow	-0.14	-0.16	0.29	-0.49	0.47	-0.63
Capital Expenditures	0.01	-	-0.01	-0.03	-0.37	-
Sale of Property, Plant & Equipment	-	-	-	0.32	-	0.01
Investment in Securities	0	-	-0.01	0.42	-	-
Investing Cash Flow	0.01	-	-0.02	0.7	-0.37	0.01
Short-Term Debt Issued	-	0.02	0.04	-	-	-
Long-Term Debt Issued	-	-	-	-	-	0.37
Total Debt Issued	0.09	0.02	0.04	-	-	0.37
Short-Term Debt Repaid	-	-	-	-0.15	-	-
Long-Term Debt Repaid	-	-0.01	-0.14	-0.09	-0.09	-
Total Debt Repaid	0.01	-0.01	-0.14	-0.24	-0.09	-
Net Debt Issued (Repaid)	0.11	0.01	-0.1	-0.24	-0.09	0.37
Issuance of Common Stock	-	-	-	-	-	0
Other Financing Activities	-	-	-0	-	-	-
Financing Cash Flow	0.11	0.01	-0.1	-0.24	-0.09	0.37
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-0
Net Cash Flow	-0.02	-0.15	0.17	-0.02	0.02	-0.25
Free Cash Flow	-0.13	-0.16	0.28	-0.52	0.1	-0.63
Free Cash Flow Margin	-8.95%	-9.13%	11.85%	-19.69%	3.93%	-21.23%
Free Cash Flow Per Share	-0.01	-0.01	0.02	-0.06	0.01	-0.07
Cash Interest Paid	0	0	0	0.01	-	0.01
Cash Income Tax Paid	-	-	-	-	-	0
Levered Free Cash Flow	-0.16	-0.28	0.28	-0.57	0.19	-0.61
Unlevered Free Cash Flow	-0.16	-0.28	0.28	-0.57	0.19	-0.61
Change in Working Capital	-0.26	-0.24	0.26	-0.7	0.58	-0.49

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