Synovics Pharmaceuticals Cash Flow Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004	1999 - 2003
Period Ending	Jul '09 Jul 31, 2009	Oct '08 Oct 31, 2008	Oct '07 Oct 31, 2007	Oct '06 Oct 31, 2006	Oct '05 Oct 31, 2005	Oct '04 Oct 31, 2004	1999 - 2003
Net Income	-5.04	-4.01	-20.86	-8.57	-2.91	-1.12	Upgrade
Depreciation & Amortization	0.67	0.61	0.6	0.12	0.03	0.03	Upgrade
Other Amortization	1.28	3.17	1.81	1.23	-	-	Upgrade
Asset Writedown & Restructuring Costs	-	0.66	3.36	-	-	-	Upgrade
Loss (Gain) on Equity Investments	-	-	-	1.04	0.22	0.33	Upgrade
Stock-Based Compensation	1.49	7.18	5.29	-	0.14	0.16	Upgrade
Other Operating Activities	-	-3.33	2.54	-	0.08	-	Upgrade
Change in Accounts Receivable	2.16	-0.49	-1.17	-0.11	-	-	Upgrade
Change in Inventory	-0.12	-0.97	0.45	0.97	0.05	-0.02	Upgrade
Change in Accounts Payable	1.86	1.26	1.49	-1.99	-0.57	-0.06	Upgrade
Change in Unearned Revenue	-0.85	-0.85	-0.13	-0.08	-	-	Upgrade
Change in Other Net Operating Assets	0.54	0.62	4.21	2.22	0.7	0.04	Upgrade
Operating Cash Flow	1.99	3.86	-2.41	-5.17	-2.26	-0.64	Upgrade
Capital Expenditures	-0.21	-0.71	-0.71	-0.45	-0.24	-0	Upgrade
Cash Acquisitions	-	-	-	-8.8	-0.11	-	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-1.14	-	-0.01	Upgrade
Investing Cash Flow	-0.21	-0.71	-0.71	-10.39	-0.35	-0.01	Upgrade
Long-Term Debt Issued	-	1.3	6.25	13.6	1.6	0.08	Upgrade
Short-Term Debt Repaid	-	-	-2.3	-	-	-	Upgrade
Long-Term Debt Repaid	-	-11.19	-3.78	-0.58	-	-	Upgrade
Total Debt Repaid	-4.12	-11.19	-6.08	-0.58	-	-	Upgrade
Net Debt Issued (Repaid)	-2.87	-9.89	0.17	13.02	1.6	0.08	Upgrade
Issuance of Common Stock	0.8	6.8	0.55	5.64	0.51	1.2	Upgrade
Other Financing Activities	-	-	-	-0.84	-	-	Upgrade
Financing Cash Flow	-2.07	-3.09	0.72	17.82	2.11	1.28	Upgrade
Net Cash Flow	-0.3	0.07	-2.39	2.26	-0.5	0.63	Upgrade
Free Cash Flow	1.77	3.15	-3.12	-5.61	-2.5	-0.64	Upgrade
Free Cash Flow Margin	9.29%	12.15%	-13.29%	-53.38%	-30467.47%	-651.93%	Upgrade
Free Cash Flow Per Share	0.06	0.13	-0.16	-0.22	-0.12	-0.08	Upgrade
Levered Free Cash Flow	-1.33	-3.1	-3.67	-5.94	-1.39	-0.35	Upgrade
Unlevered Free Cash Flow	-2.16	-3.66	-1.48	-4.73	-0.89	-0.35	Upgrade
Change in Working Capital	3.59	-0.43	4.85	1.01	0.18	-0.04	Upgrade

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