|
3 months
ended Sept. 30, 2000 |
3 months ended Sept. 30, 1999 |
9 months
ended Sept.30, 2000 |
9 months ended Sept. 30, 1999 |
| |
|
|
|
|
| Operating activities |
|
|
|
|
| Net income for the period |
$2,932 |
$2,943 |
$7,942 |
$8.244 |
| Add (deduct) items not affecting cash: |
|
|
|
|
| -- Depreciation and amoritization |
3,338 |
3,319 |
9,899 |
9,819 |
| -- Deferred income taxes |
16 |
14 |
221 |
44 |
| -- Loss on disposal of assets |
565 |
156 |
796 |
153 |
| -- Exchange rate adjustments |
851 |
1,036 |
1,591 |
359 |
| -- Minority interest |
3 |
9 |
(12) |
29 |
|
|
|
|
|
| Cash flow from operations |
7,705 |
7,477 |
20,437 |
18,648 |
| Changes in non-cash working capital |
(3,259) |
(1,514) |
(5,840) |
(9,904) |
|
|
|
|
|
| Net cash provided by operating activities |
4,446 |
5,963 |
14,597 |
8,744 |
|
|
|
|
|
| Financing activities |
|
|
|
|
| Change in long-term debt |
(5,832) |
(3,546) |
(6,326) |
(18,149) |
| Shares issued (cancelled) |
-- |
367 |
(561) |
505 |
| Dividend Payment |
|
|
(348) |
(346) |
| Other |
(4) |
28 |
152 |
96 |
|
|
|
|
|
| Net cash used in financing activities |
(5,836) |
(3,151) |
(7,083) |
(17,894) |
|
|
|
|
|
| Increase (decrease) in funds during
the period |
(3,784) |
(259) |
1,112 |
(15,257) |
| Cash position, at beginning of period |
2,410 |
(10,034) |
(2,486) |
4,964 |
|
|
|
|
|
| Cash position, at
end of period |
$(1,374) |
$(10,293) |
$(1,374) |
$(10,293) |
|
|
|
|
|
|
