Veltex Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2006	FY 2005	FY 2004	FY 2002	FY 2001
Period Ending	Dec '06 Dec 31, 2006	Dec '05 Dec 31, 2005	Dec '04 Dec 31, 2004	Dec '02 Dec 31, 2002	Dec '01 Dec 31, 2001
Net Income	5.55	-	-	1.65	1.31
Depreciation & Amortization	3.48	-	-	0.79	0.86
Provision & Write-off of Bad Debts	0.19	-	-	-	-
Other Operating Activities	-	-	-	0.21	0.18
Change in Accounts Receivable	-3.43	-	-	-1.7	-0.44
Change in Inventory	-6.41	-	-	-0.68	-0.32
Change in Accounts Payable	0.51	-	-	0.01	0
Change in Other Net Operating Assets	-0.98	-	-	0.72	0.68
Operating Cash Flow	-1.1	-	-	1	2.28
Operating Cash Flow Growth	-	-	-	-56.10%	-
Capital Expenditures	-0.38	-	-	-1.89	-1.35
Investing Cash Flow	-0.38	-	-	-1.89	-1.35
Long-Term Debt Issued	0.36	-	-	1.04	-
Long-Term Debt Repaid	-	-	-	-	-0.29
Net Debt Issued (Repaid)	0.36	-	-	1.04	-0.29
Issuance of Common Stock	1.31	-	-	0.4	-
Financing Cash Flow	1.67	-	-	1.44	-0.29
Net Cash Flow	0.19	-	-	0.55	0.64
Free Cash Flow	-1.48	-	-	-0.89	0.94
Free Cash Flow Margin	-2.12%	-	-	-6.38%	10.71%
Free Cash Flow Per Share	-	-	-	-1.91	-
Levered Free Cash Flow	-3.56	-	-	-2.02	-
Unlevered Free Cash Flow	-3.56	-	-	-1.96	-
Change in Net Working Capital	10.13	-	-	2.4	-

Updated Jan 15, 2007. Source: S&P Global Market Intelligence. Standard template. Financial Sources.