Nascent Wine Company, Inc.

NCTW · OTC
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12/31/2007
12/31/2006
12/31/2005
Operating Activities
Net Income-$9,406-$2,037-$14
Dep. & Amort.$1,626$676$0
Deferred Tax$0$0$0
Stock-Based Comp.$0$0$0
Change in WC-$7,323-$559-$2
Other Non-Cash$1,829$36$0
Operating Cash Flow-$13,274-$1,884-$15
Investing Activities
PP&E Inv.-$1,160-$852-$3
Net Acquisitions-$14,256-$1,479$0
Inv. Purchases$0$0$0
Inv. Sales/Matur.$56$0$0
Other Inv. Act.$0$0$0
Investing Cash Flow-$15,360-$2,331-$3
Financing Activities
Debt Repay.$6,735$2,345$0
Stock Issued$22,538$2,335$25
Stock Repurch.$0$0$0
Dividends Paid$0$0$0
Other Fin. Act.$0$0$0
Financing Cash Flow$29,273$4,680$25
Forex Effect$50-$2$0
Net Chg. in Cash$689$462$7
Supplemental Information
Beg. Cash$476$14$7
End Cash$1,166$476$14
Free Cash Flow-$14,434-$2,737-$18