Saxon Capital Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2007	FY 2006
Period Ending	Jun '08 Jun 30, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006
Net Income	-4.27	-7.15	-0.26
Depreciation & Amortization	0.1	0.05	0
Other Amortization	-0.13	0.09	-
Stock-Based Compensation	2.87	5.68	-
Other Operating Activities	0.4	0.4	-
Change in Accounts Receivable	0	0	-
Change in Accounts Payable	0.16	0.16	0.07
Change in Other Net Operating Assets	0.71	0.06	0.05
Operating Cash Flow	-0.15	-0.69	-0.15
Capital Expenditures	-0	-0.44	-0.03
Other Investing Activities	-0.05	-0.05	-
Investing Cash Flow	-0.05	-0.49	-0.03
Short-Term Debt Issued	-	0.04	-
Long-Term Debt Issued	-	0.43	-
Total Debt Issued	0.54	0.47	-
Long-Term Debt Repaid	-	-0.31	-
Net Debt Issued (Repaid)	0.03	0.16	-
Issuance of Common Stock	0.21	1.28	0.16
Financing Cash Flow	0.23	1.44	0.16
Net Cash Flow	0.02	0.26	-0.01
Free Cash Flow	-0.16	-1.13	-0.17
Free Cash Flow Margin	-52.26%	-438.09%	-
Free Cash Flow Per Share	-6.16	-52.10	-13.92
Cash Interest Paid	0.03	0.03	-
Levered Free Cash Flow	2.66	2.36	-
Unlevered Free Cash Flow	2.91	2.32	-
Change in Net Working Capital	-1.22	-0.18	-

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