Cimatron Reports Record Second Quarter Revenues in Q2 2013

 

CIMATRON LIMITED

STATEMENTS OF CASH FLOWS

(US Dollars in thousands)












Six months ended





June 30,





2013


2012








Cash flows from operating activities:




Net income 



$        1,603


$        1,838








Adjustments to reconcile net income 




   to net cash provided by operating activities:




Depreciation and amortization


557


686

Increase (decrease) in accrued severance pay

232


(476)

Loss on disposal of businesses – discontinued operations

-


(2)

Deferred taxes, net



(90)


(180)








Changes in assets and liabilities:




Decrease (increase) in accounts receivable and prepaid expenses

(258)


528

Increase in inventory



(8)


(1)

Decrease (increase) in deposits with insurance companies and severance pay fund

(122)


5

Increase in trade payables, accrued expenses and other liabilities

1,264


2,329

Net cash provided by operating activities

3,178


4,727








Cash flows from investing activities:




Proceeds from sale of property and equipment

9


1

Purchase of property and equipment

(83)


(126)

Net cash used in investing activities

(74)


(125)















Cash flows from financing activities:




Short-term bank credit


2,499


(58)

Long-term bank credit


-


(7)

Cash distribution to shareholders




(7,916)


(1,611)

Proceeds from issuance of shares upon exercise of options 

47


40

Net cash used in financing activities

(5,370)


(1,636)















Net increase (decrease) in cash and cash equivalents

(2,266)


2,966

Effect of exchange rate changes on cash

(60)


(68)

Cash and cash equivalents at beginning of period

11,903


11,787

Cash and cash equivalents at end of period

$        9,577


$      14,685








Appendix A - Non-cash transactions




Purchase of property on credit

$           122


$            89


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Jobs
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Business Technology Analyst for Surface Water Management at Everett, Washington
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
URISA GIS Leadership Academy at Embassy Suites Fort Worth Downtown 600 Commerce Street Fort Worth, TX - Nov 18 - 22, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise