Novartis

(NYSE:NVS)
  Jun 30, 2008 Mar 31, 2008 Dec 31, 2007 Sep 30, 2007
Cash Flow Statement
Cash At Beginning Of Period 5,360,000 5,360,000 3,815,000 3,815,000
Cash At End Of Period 14,069,000 6,931,000 5,360,000 7,414,000
Net Change In Cash And Cash Equivalents 8,709,000 1,571,000 1,545,000 3,599,000
Effect Of Exchange Rate Changes 124,000 86,000 298,000 97,000
Net Income Or Loss 4,574,000 2,308,000 6,540,000 5,609,000
Cash From Operating Activities
Depreciation Expenses 1,258,000 634,000 — 2,073,000
Amortization Expenses — — — —
Amortization Of Intangibles Expenses — — — —
Deferred Income Taxes 746,000 — — —
Operating Gains Or Losses -199,000 116,000 -1,297,000 -1,136,000
Extraordinary Gains Or Losses — — — —
Increase Or Decrease In Receivables — — -204,000 —
Increase Or Decrease In Inventories — — -747,000 —
Increase Or Decrease In Prepaid Expenses — — — —
Increase Or Decrease In Other Current Assets — — — —
Increase Or Decrease In Payables — — — -1,320,000
Increase Or Decrease In Other Current Liabilities — — 323,000 —
Increase Or Decrease In Other Working Capital — — — —
Other Non Cash Items -1,839,000 — 93,000 —
Net Cash From Continuing Operations -999,000 -1,369,000 4,502,000 1,021,000
Net Cash From Discontinued Operations 3,541,000 1,689,000 9,210,000 6,247,000
Net Cash From Operating Activities 69,000 51,000 7,599,000 7,980,000
Cash From Investing Activities
Sale Of Property Plant And Equipment — — 241,000 —
Sale Of Long Term Investments — — — —
Sale Of Short Term Investments — — — —
Purchase Of Property Plant And Equipment -967,000 -403,000 -3,133,000 -1,795,000
Acquisitions — — -52,000 -52,000
Purchase Of Long Term Investments — — — —
Purchase Of Short Term Investments — — -7,232,000 -2,716,000
Other Investing Changes Net — — 31,000 —
Cash From Discontinued Investing Activities — — — —
Net Cash From Investing Activities 4,485,000 3,434,000 -6,244,000 -4,563,000
Cash From Financing Activities
Issuance Of Debt — — 1,849,000 —
Issuance Of Capital Stock — — -2,170,000 —
Repayment Of Debt -532,000 — -6,448,000 —
Repurchase Of Capital Stock -3,345,000 — -2,598,000 —
Payment Of Cash Dividends — -3,689,000 38,000 -6,162,000
Net Other Financing Charges — -3,689,000 38,000 -6,162,000
Cash From Discontinued Financing Activities — — — —
Net Cash From Financing Activities 490,000 -3,689,000 -9,318,000 -6,162,000