National Lampoon Cash Flow Statement

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004
Period Ending	Apr '09 Apr 30, 2009	Jul '08 Jul 31, 2008	Jul '07 Jul 31, 2007	Jul '06 Jul 31, 2006	Jul '05 Jul 31, 2005	Jul '04 Jul 31, 2004
Net Income	-4.64	-1.69	-2.5	-6.86	-8.67	-5.13
Depreciation & Amortization	0.39	0.27	0.26	0.26	0.27	0.51
Other Amortization	0.2	1.35	0.21	0.59	0.33	-
Loss (Gain) From Sale of Assets	0	0	-	-	-	-
Asset Writedown & Restructuring Costs	2.37	-	0.39	0.94	-	-
Loss (Gain) on Equity Investments	-	-	0	-	-	-
Stock-Based Compensation	0.75	1.8	1.42	0.55	1.29	0.64
Provision & Write-off of Bad Debts	0.38	-	0.2	0.17	0.03	-
Other Operating Activities	-	-0.4	-	-	1.25	-0.25
Change in Accounts Receivable	0.73	-1.28	0.19	-0.6	-0.3	-0.03
Change in Accounts Payable	0.34	0.41	-0.02	0.49	0.06	0.22
Change in Unearned Revenue	0.04	-0.23	0.98	0.26	-0.12	-0.04
Change in Other Net Operating Assets	-2.37	-0.76	-5.27	-1.25	-0.89	0.07
Operating Cash Flow	-1.8	-0.76	-4.14	-5.71	-6.8	-4
Capital Expenditures	-0.02	-0.02	-0.03	-0.02	-0	-0.04
Sale (Purchase) of Intangibles	-0.09	-0.24	-0.07	-0.04	-	-
Investment in Securities	-	-	-0	-	-	-
Investing Cash Flow	-0.1	-0.26	-0.11	-0.06	-0	-0.04
Short-Term Debt Issued	-	1.78	1.36	-	-	-
Long-Term Debt Issued	-	0.85	4.2	0.72	2.96	3.9
Total Debt Issued	4.04	2.63	5.56	0.72	2.96	3.9
Short-Term Debt Repaid	-	-0.45	-0.68	-	-	-
Long-Term Debt Repaid	-	-1.28	-0.77	-3.66	-	-
Total Debt Repaid	-2.25	-1.74	-1.44	-3.66	-	-
Net Debt Issued (Repaid)	1.79	0.89	4.12	-2.94	2.96	3.9
Issuance of Common Stock	0.15	0.04	0.14	9.96	0.22	-
Other Financing Activities	-	-	-	-1.28	0.3	-
Financing Cash Flow	1.94	0.94	4.26	5.74	6.91	3.9
Net Cash Flow	0.04	-0.08	0.01	-0.04	0.11	-0.14
Free Cash Flow	-1.82	-0.78	-4.18	-5.73	-6.8	-4.04
Free Cash Flow Margin	-32.84%	-10.51%	-68.50%	-155.39%	-185.24%	-210.44%
Free Cash Flow Per Share	-0.18	-0.09	-0.54	-0.84	-2.08	-1.32
Cash Interest Paid	0.01	0	0.08	0.11	-	-
Cash Income Tax Paid	0.02	0.02	0.01	0.03	-	0
Levered Free Cash Flow	1.14	0.24	-0.8	-0.99	-0.69	-1.75
Unlevered Free Cash Flow	1.42	0.42	-0.77	-1.08	-0.82	-1.63
Change in Working Capital	-1.25	-2.09	-4.12	-1.11	-1.25	0.22

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