Zhuding International Cash Flow Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Jan '12 Jan 31, 2012	Apr '11 Apr 30, 2011	Apr '10 Apr 30, 2010	Jun '09 Jun 30, 2009	Jun '08 Jun 30, 2008	Jun '07 Jun 30, 2007
Net Income	-0.32	-0.39	-0.29	-0.13	-0.13	-0.06
Depreciation & Amortization	0.08	0	0	0	0	-
Stock-Based Compensation	-	-	0.01	0.02	-	0.04
Other Operating Activities	0	0	0.01	0	-	-
Change in Accounts Receivable	-	0	0.07	-0.06	-	-
Change in Accounts Payable	0	0.05	0.02	0.01	-	-
Change in Income Taxes	-0.01	-0	-	0.01	-	-
Change in Other Net Operating Assets	-0	-0	-0	0.01	-0.01	0.02
Operating Cash Flow	-0.25	-0.34	-0.17	-0.15	-0.14	-0
Capital Expenditures	-0.01	-0.02	-0.02	-0.02	-0.02	-
Investing Cash Flow	-0.01	-0.02	-0.02	-0.02	-0.02	-
Short-Term Debt Issued	-	0.16	-	0.06	-	-
Total Debt Issued	0.05	0.16	0.11	0.06	-	-
Net Debt Issued (Repaid)	-0.02	0.16	0.11	0.06	-	-
Issuance of Common Stock	0.26	0.09	0.16	-	0.21	0
Other Financing Activities	0.02	0.04	0	0.05	-	-
Financing Cash Flow	0.26	0.29	0.27	0.11	0.21	0
Miscellaneous Cash Flow Adjustments	-	-	0	-	-	-
Net Cash Flow	0	-0.06	0.08	-0.05	0.05	0
Free Cash Flow	-0.26	-0.35	-0.19	-0.16	-0.16	-0
Free Cash Flow Margin	-	-1417.45%	-	-652.69%	-	-
Free Cash Flow Per Share	-0.91	-1.30	-0.75	-0.68	-0.74	-0.01
Levered Free Cash Flow	-0.1	-0.19	-	-	-	-
Unlevered Free Cash Flow	-0.1	-0.19	-	-	-	-
Change in Net Working Capital	-0.04	-0.07	-	-	-	-

Updated May 3, 2012. Source: S&P Global Market Intelligence. Standard template. Financial Sources.