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Avis Budget Group (CAR)

Avis Budget Group (CAR)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  06-2008 03-2008 12-2007 09-2007 06-2007
Cash Flows From Operating Activities
Net Income 4,000 -12,000 -916,000 140,000 36,000
Depreciation Amortization 859,000 397,000 2,844,000 1,269,000 802,000
Income taxes - deferred N/A N/A -57,000 N/A N/A
Accounts receivable -24,000 -16,000 -6,000 -41,000 -14,000
Other Working Capital -4,000 3,000 -88,000 -7,000 -55,000
Other Operating Activity 5,000 23,000 -63,000 11,000 2,000
Operating Cash Flow $840,000 $395,000 $1,714,000 $1,372,000 $771,000
Cash Flows From Investing Activities
PPE Investments -47,000 -23,000 -94,000 -70,000 -51,000
Net Acquisitions 3,956,000 2,074,000 -11,000 5,776,000 3,750,000
Purchase Of Investment -6,202,000 -3,682,000 -60,000 -8,522,000 -6,480,000
Sale Of Investment N/A N/A 106,000 106,000 106,000
Other Investing Activity -341,000 -348,000 -1,858,000 -125,000 -92,000
Investing Cash Flow $-2,634,000 $-1,979,000 $-1,917,000 $-2,835,000 $-2,767,000
Cash Flows From Financing Activities
Change In Short Term Borrowing 226,000 97,000 -86,000 160,000 129,000
Debt Issued 5,799,000 3,669,000 10,565,000 8,218,000 6,287,000
Debt Repayment -4,141,000 -2,140,000 -10,281,000 -6,835,000 -4,401,000
Common Stock Issued N/A N/A 50,000 49,000 39,000
Common Stock Repurchased -33,000 -33,000 N/A N/A N/A
Other Financing Activity -8,000 -4,000 -9,000 -5,000 -6,000
Financing Cash Flow $1,843,000 $1,589,000 $239,000 $1,587,000 $2,048,000
Exchange Rate Effect -1,000 N/A 6,000 6,000 3,000
Beginning Cash Position 214,000 214,000 172,000 172,000 172,000
End Cash Position 262,000 219,000 214,000 302,000 227,000
Net Cash Flow $48,000 $5,000 $42,000 $130,000 $55,000
Free Cash Flow
Operating Cash Flow 840,000 395,000 1,714,000 1,372,000 771,000
Capital Expenditure -47,000 -23,000 -94,000 -70,000 -51,000
Free Cash Flow 793,000 372,000 1,620,000 1,302,000 720,000
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