Focus Media Holding Limited

(NASDAQ:FMCN)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Cash Flow Statement
Cash At Beginning Of Period 450,416 450,416 450,416 164,611
Cash At End Of Period 373,172 361,515 295,968 450,416
Net Change In Cash And Cash Equivalents -77,244 -88,901 -154,448 285,805
Effect Of Exchange Rate Changes 16,380 15,661 19,498 18,750
Net Income Or Loss 33,671 -17,678 -53,810 144,436
Cash From Operating Activities
Depreciation Expenses 21,713 13,563 6,481 44,198
Amortization Expenses — — — —
Amortization Of Intangibles Expenses 30,370 21,109 10,680 —
Deferred Income Taxes — — — -982
Operating Gains Or Losses 2,502 1,197 198 4,369
Extraordinary Gains Or Losses — — — —
Increase Or Decrease In Receivables — — — -97,934
Increase Or Decrease In Inventories — — — -1,114
Increase Or Decrease In Prepaid Expenses — — — -904
Increase Or Decrease In Other Current Assets — — — -904
Increase Or Decrease In Payables — — — —
Increase Or Decrease In Other Current Liabilities — — — 11,670
Increase Or Decrease In Other Working Capital — — — 60,343
Other Non Cash Items -116,209 -64,828 -45,294 -22,231
Net Cash From Continuing Operations 116,266 99,532 89,361 25,110
Net Cash From Discontinued Operations 88,313 52,895 7,616 166,960
Net Cash From Operating Activities — — — —
Cash From Investing Activities
Sale Of Property Plant And Equipment — — — —
Sale Of Long Term Investments — — — —
Sale Of Short Term Investments — — — —
Purchase Of Property Plant And Equipment -67,537 -50,509 -20,562 -59,556
Acquisitions -130,267 -115,839 -84,989 -165,147
Purchase Of Long Term Investments — — — —
Purchase Of Short Term Investments — — -37,688 -88,178
Other Investing Changes Net -17,240 -13,369 -13,369 -30,000
Cash From Discontinued Investing Activities — — — —
Net Cash From Investing Activities -131,279 -134,976 -156,608 -342,881
Cash From Financing Activities
Issuance Of Debt 9,168 7,347 4,503 447,005
Issuance Of Capital Stock -30,412 -30,412 -30,041 -4,166
Repayment Of Debt -29,998 — — —
Repurchase Of Capital Stock — — — —
Payment Of Cash Dividends 214 214 214 137
Net Other Financing Charges 214 214 214 137
Cash From Discontinued Financing Activities — — — —
Net Cash From Financing Activities -50,658 -22,481 -24,954 442,976