Rand Worldwide Cash Flow Statement

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

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Jun '15 Jun 30, 2015	Jun '14 Jun 30, 2014	Jun '13 Jun 30, 2013	Jun '12 Jun 30, 2012	Jun '11 Jun 30, 2011
Net Income	2.04	8.59	1.9	8.37	1.83
Depreciation & Amortization	1.45	1.92	1.89	1.6	1.92
Loss (Gain) From Sale of Assets	-	-	-	-0	-
Asset Writedown & Restructuring Costs	-	1	-	-	-
Stock-Based Compensation	0.57	0.3	0.26	0.19	0.04
Provision & Write-off of Bad Debts	0.12	0.13	0.11	-0.03	0.21
Other Operating Activities	0.41	-4.55	1.27	-4.31	-0.18
Change in Accounts Receivable	-0.62	-1.02	3.66	1.26	-7.2
Change in Inventory	-0	-0.07	0.08	0.03	0.15
Change in Accounts Payable	1.31	1.84	-3.03	-3.89	0.33
Change in Unearned Revenue	0.55	-0.03	-0.41	1.51	0.41
Change in Income Taxes	0.49	0.56	-0.57	-0.19	-0.12
Change in Other Net Operating Assets	-1.05	0.74	-0.51	-1.78	1.65
Operating Cash Flow	6.98	9.41	4.65	2.75	-0.96
Operating Cash Flow Growth	-25.75%	102.50%	68.73%	-	-
Capital Expenditures	-0.37	-1.06	-1.03	-0.64	-0.52
Cash Acquisitions	-	-	-0.6	-1.55	2.12
Other Investing Activities	0.5	-	-	-	-
Investing Cash Flow	0.13	-1.06	-1.63	-2.19	1.6
Short-Term Debt Issued	5.32	78.68	63.99	103.75	90.61
Long-Term Debt Issued	21	-	-	-	-
Total Debt Issued	26.32	78.68	63.99	103.75	90.61
Short-Term Debt Repaid	-5.32	-78.68	-67.13	-104.55	-90
Long-Term Debt Repaid	-3.17	-0.28	-0.29	-0.25	-0.15
Total Debt Repaid	-8.5	-78.96	-67.42	-104.8	-90.14
Net Debt Issued (Repaid)	17.83	-0.28	-3.43	-1.05	0.47
Issuance of Common Stock	0.17	0.35	0	0.04	0
Repurchase of Common Stock	-31.21	-	-	-	-
Preferred Dividends Paid	-0.1	-0.11	-0.11	-0.14	-0.15
Dividends Paid	-0.1	-0.11	-0.11	-0.14	-0.15
Financing Cash Flow	-13.3	-0.04	-3.53	-1.15	0.33
Foreign Exchange Rate Adjustments	-0.61	0.04	0.06	-0.36	0.46
Net Cash Flow	-6.8	8.34	-0.47	-0.95	1.43
Free Cash Flow	6.61	8.35	3.61	2.11	-1.48
Free Cash Flow Growth	-20.76%	131.03%	70.99%	-	-
Free Cash Flow Margin	7.63%	9.38%	4.38%	2.60%	-1.66%
Free Cash Flow Per Share	0.16	0.15	0.07	0.04	-0.03
Cash Interest Paid	0.39	0.03	0.08	0.24	0.25
Cash Income Tax Paid	2.6	0.18	0.12	0.5	0.37
Levered Free Cash Flow	8.43	8.77	3.48	0.4	-0.68
Unlevered Free Cash Flow	8.72	8.87	3.67	0.63	-0.35
Change in Working Capital	0.68	2.02	-0.79	-3.06	-4.78

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