AMKOR TECHNOLOGY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
For the Year Ended
December 31,
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2007 2006
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(In thousands)
Cash flows from operating activities:
Net income $ 219,864 $ 170,084
Depreciation and amortization 283,267 273,845
Debt retirement costs 6,876 27,389
Other operating activities and non-cash items 21,002 28,899
Changes in assets and liabilities 72,421 23,413
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Net cash provided by operating activities 603,430 523,630
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Cash flows from investing activities:
Payments for property, plant and equipment (236,240) (315,873)
Proceeds from the sale of property, plant and
equipment 5,192 4,449
Other investing activities (251) (3,373)
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Net cash used in investing activities (231,299) (314,797)
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Cash flows from financing activities:
Borrowings under revolving credit facilities 86,150 233,212
Payments under revolving credit facilities (109,296) (237,933)
Proceeds from issuance of long-term debt 300,000 590,000
Payments of long-term debt (518,913) (744,392)
Payments for debt issuance costs (3,441) (15,094)
Proceeds from issuance of stock through stock
compensation plans 37,050 4,976
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Net cash used in financing activities (208,450) (169,231)
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Effect of exchange rate fluctuations on cash and
cash equivalents 1,695 (1,483)
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Net increase in cash and cash equivalents 165,376 38,119
Cash and cash equivalents, beginning of period 244,694 206,575
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Cash and cash equivalents, end of period $ 410,070 $ 244,694
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Contact:
Amkor Technology, Inc., Chandler
Joanne Solomon
Corporate Vice
President & CFO
480-821-5000 ext. 5416
Email Contact
