VisionChina Media, Inc.

(NASDAQ:VISN)
  Jun 30, 2008 Mar 31, 2008 Dec 31, 2007 Sep 30, 2007
Cash Flow Statement
Cash At Beginning Of Period — — 5,216 5,216
Cash At End Of Period — — 131,140 29,513
Net Change In Cash And Cash Equivalents — — 125,924 24,297
Effect Of Exchange Rate Changes — — 1,295 535
Net Income Or Loss — — 9,393 3,661
Cash From Operating Activities
Depreciation Expenses — — 306 138
Amortization Expenses — — — —
Amortization Of Intangibles Expenses — — — —
Deferred Income Taxes — — -332 —
Operating Gains Or Losses — — 1,251 780
Extraordinary Gains Or Losses — — — —
Increase Or Decrease In Receivables — — -11,919 -6,472
Increase Or Decrease In Inventories — — — —
Increase Or Decrease In Prepaid Expenses — — -6,719 -5,129
Increase Or Decrease In Other Current Assets — — -6,719 -5,129
Increase Or Decrease In Payables — — -1,904 -1,502
Increase Or Decrease In Other Current Liabilities — — 532 37
Increase Or Decrease In Other Working Capital — — 3,170 590
Other Non Cash Items — — — —
Net Cash From Continuing Operations — — 221 122
Net Cash From Discontinued Operations — — -6,001 -7,777
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 — — -4,339 -2,334
Acquisitions — — — —
Purchase Of Long Term Investments — — -3,854 -3,854
Purchase Of Short Term Investments — — — —
Other Investing Changes Net — — — -667
Cash From Discontinued Investing Activities — — — —
Net Cash From Investing Activities — — -8,193 -6,856
Cash From Financing Activities
Issuance Of Debt — — 138,137 38,864
Issuance Of Capital Stock — — — —
Repayment Of Debt — — — —
Repurchase Of Capital Stock — — — —
Payment Of Cash Dividends — — 685 -470
Net Other Financing Charges — — 685 -470
Cash From Discontinued Financing Activities — — — —
Net Cash From Financing Activities — — 138,823 38,395