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EBR CORPORATION- ANNUAL CASH FLOW

CASH FLOW- ANNUAL DATA    
             
PERIOD ENDING 3-Feb-06 28-Jan-05 30-Jan-04    
Net Income 3,572,000   3,043,000   2,645,000      
     
Operating Activities, Cash Flows Provided By or Used In     
Depreciation 393,000   334,000   263,000      
Adjustments To Net Income 519,000   -275,000 -383,000    
Changes In Accounts Receivables -1,029,000 -   -813,000    
Changes In Liabilities 1,803,000   -   2,150,000      
Changes In Inventories -119,000 -   -53,000    
Changes In Other Operating Activities -300,000 2,208,000   -139,000    
     
Total Cash Flow From Operating Activities 4,839,000   5,310,000   3,670,000      
     
Investing Activities, Cash Flows Provided By or Used In    
Capital Expenditures -728,000 -525,000 -329,000    
Investments 4,606,000   -1,792,000 -2,021,000    
Other Cashflows from Investing Activities -   -   -464,000    
     
Total Cash Flows From Investing Activities 3,878,000   -2,317,000 -2,814,000    
     
Financing Activities, Cash Flows Provided By or Used In    
Dividends Paid -   -   -      
Sale Purchase of Stock -6,226,000 -3,128,000 -1,383,000    
Net Borrowings -   -   -      
Other Cash Flows from Financing Activities -   -   -      
     
Total Cash Flows From Financing Activities -6,226,000 -3,128,000 -1,383,000    
Effect Of Exchange Rate Changes -196,000 565,000   612,000      
     
Change In Cash and Cash Equivalents  $2,295,000   $430,000   $85,000      
 
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