Tim S.A. ADR (TIMB)
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Fiscal Year End Date: 12/31
| 09-2008 | 06-2008 | 03-2008 | 12-2007 | 09-2007 | |
| Cash Flows From Operating Activities | |||||
| Net Income | N/A | -85,900 | N/A | 39,280 | -56,110 |
| Depreciation Amortization | N/A | 706,860 | N/A | 1,199,710 | 900,340 |
| Other Working Capital | N/A | -643,470 | N/A | -492,550 | -632,480 |
| Other Operating Activity | 0 | 371,570 | 0 | 546,040 | 454,880 |
| Operating Cash Flow | $N/A | $349,060 | $N/A | $1,292,480 | $666,630 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | N/A | -1,494,340 | N/A | 0 | -750,480 |
| Other Investing Activity | 0 | 15,830 | 0 | -630,970 | 341,480 |
| Investing Cash Flow | $N/A | $-1,478,510 | $N/A | $-630,970 | $-409,000 |
| Cash Flows From Financing Activities | |||||
| Dividend Paid | N/A | -125,610 | N/A | -227,320 | -230,150 |
| Other Financing Activity | 0 | 1,095,640 | 0 | -163,210 | -112,720 |
| Financing Cash Flow | $N/A | $970,030 | $N/A | $-390,530 | $-342,870 |
| Beginning Cash Position | N/A | 676,030 | N/A | 305,940 | 230,570 |
| End Cash Position | N/A | 516,610 | N/A | 576,910 | 145,330 |
| Net Cash Flow | $N/A | $-159,410 | $N/A | $270,970 | $-85,230 |
| Free Cash Flow | |||||
| Operating Cash Flow | N/A | 349,060 | N/A | 1,292,480 | 666,630 |
| Free Cash Flow | 0 | 349,060 | 0 | 1,292,480 | 666,630 |