Britannia Bulk Holdings Inc.

BBLKF · OTC
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12/31/2007
12/31/2006
12/31/2005
Operating Activities
Net Income-$66$2,394$8,248
Dep. & Amort.$3,400$10,894$9,341
Deferred Tax$0$0$0
Stock-Based Comp.$0$0$0
Change in WC-$815-$1,148-$3,207
Other Non-Cash-$1,547$894$28
Operating Cash Flow$52,128$13,034$14,410
Investing Activities
PP&E Inv.-$80,374-$2,321-$27,748
Net Acquisitions$0$0-$102
Inv. Purchases$0$0$0
Inv. Sales/Matur.$0$0$0
Other Inv. Act.-$1,397-$140,000$0
Investing Cash Flow-$80,534-$142,321-$27,850
Financing Activities
Debt Repay.$74,118$140,174$10,022
Stock Issued$0$13$1,160
Stock Repurch.$0$0$0
Dividends Paid$0$0$0
Other Fin. Act.-$534-$131-$668
Financing Cash Flow-$534$140,056$10,514
Forex Effect$0$0$0
Net Chg. in Cash-$959$0$0
Supplemental Information
Beg. Cash$17,170$0$0
End Cash$16,211$17,170$0
Free Cash Flow$972$10,713-$13,338