The Stephan Co. (SPCOQ)

The Stephan Co. Cash Flow Statement

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

Fiscal Year	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
Net Income	-14.4	0.39	1.72	0.85	0.7
Depreciation & Amortization	0.19	0.16	0.15	0.14	0.14
Loss (Gain) From Sale of Assets	-0.01	-	-	-	-
Asset Writedown & Restructuring Costs	5.11	-	-	-	-
Stock-Based Compensation	-	0.11	0.12	0.09	0.1
Other Operating Activities	-0.1	0.1	-0.79	-	0.28
Change in Accounts Receivable	0.22	0.11	0.02	0.07	0.49
Change in Inventory	5.72	0.2	-0.33	-0.54	-0.72
Change in Accounts Payable	0.66	-0.32	-0.29	-0.18	-0.54
Change in Other Net Operating Assets	0.03	-0.2	-0.19	0.12	-0.19
Operating Cash Flow	-2.58	0.55	0.41	0.56	0.26
Operating Cash Flow Growth	-	35.87%	-27.84%	118.61%	-87.97%
Capital Expenditures	-0.14	-0.01	-0.01	-0.03	-0.02
Cash Acquisitions	-	-	-0.66	-	-0.5
Investment in Securities	-	-	-	-	3.95
Investing Cash Flow	-0.14	-0.01	-0.67	-0.03	3.43
Long-Term Debt Repaid	-0.19	-0.22	-0.19	-0.1	-1.18
Net Debt Issued (Repaid)	-0.19	-0.22	-0.19	-0.1	-1.18
Repurchase of Common Stock	-	-	-	-0.58	-0.28
Common Dividends Paid	-0.16	-0.32	-0.32	-0.33	-0.35
Other Financing Activities	-	-	-	-	1.11
Financing Cash Flow	-0.35	-0.54	-0.52	-1.02	-0.7
Net Cash Flow	-3.06	0	-0.78	-0.48	2.99
Free Cash Flow	-2.71	0.55	0.4	0.53	0.24
Free Cash Flow Growth	-	36.59%	-25.28%	125.32%	-88.81%
Free Cash Flow Margin	-17.32%	3.16%	2.04%	2.96%	1.28%
Free Cash Flow Per Share	-0.67	0.14	0.10	0.13	0.05
Cash Interest Paid	0.01	0.01	0.01	-	0.01
Levered Free Cash Flow	-2.56	0.41	0.12	0.2	0.07
Unlevered Free Cash Flow	-2.56	0.42	0.12	0.2	0.07
Change in Working Capital	6.63	-0.21	-0.79	-0.53	-0.96

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