Asia Global Crossing Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2000	FY 1999	FY 1998
Period Ending	Sep '01 Sep 30, 2001	Dec '00 Dec 31, 2000	Dec '99 Dec 31, 1999	Dec '98 Dec 31, 1998
Net Income	-274.29	-146.88	13.38	3.82
Depreciation & Amortization	-16.74	19.87	-	-
Other Amortization	3.54	0.21	-	-
Loss (Gain) on Equity Investments	66.13	59	-2.98	3.34
Provision & Write-off of Bad Debts	4.3	1.27	-	-
Other Operating Activities	107.11	107.11	-	-
Change in Accounts Receivable	58.91	58.91	-89.74	-
Change in Accounts Payable	-92.03	-92.03	102.53	-
Change in Unearned Revenue	279.19	279.19	-	-
Change in Income Taxes	8.16	8.16	-	-
Change in Other Net Operating Assets	503.4	-19.39	-1.15	-0.01
Operating Cash Flow	619.08	281.99	22.05	7.15
Operating Cash Flow Growth	299.56%	1179.16%	208.12%	-
Capital Expenditures	-978.22	-754.09	-90.63	-
Cash Acquisitions	-4.33	-19.98	-	-
Investment in Securities	-5.3	-25	-92.91	-0.01
Other Investing Activities	-78.22	-55.64	92.88	-308
Investing Cash Flow	-1,066	-854.7	-90.65	-308.01
Long-Term Debt Issued	-	451.33	-	-
Net Debt Issued (Repaid)	382.18	451.33	-	-
Issuance of Common Stock	465.71	735.1	73.01	308.02
Other Financing Activities	7.43	81.5	-	-
Financing Cash Flow	855.32	1,268	73.01	308.02
Foreign Exchange Rate Adjustments	-0.86	0.15	-	-
Net Cash Flow	407.46	695.38	4.41	7.17
Free Cash Flow	-359.14	-472.1	-68.58	7.15
Free Cash Flow Margin	-395.05%	-307.34%	-	-
Free Cash Flow Per Share	-0.65	-0.94	-57.15	-
Cash Interest Paid	103.39	66.53	-	-
Cash Income Tax Paid	0.76	0.3	-	-
Levered Free Cash Flow	-1,016	-871.26	-	-
Unlevered Free Cash Flow	-992.73	-869.83	-	-
Change in Net Working Capital	-138.26	79.7	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.