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Please calculate free cash flow for 2006 given the following 2002 2003 2004 2005 2006 Forecast Cash 2,837 3,330 3,043 4,180 4,720 Accounts Receivable 18,092

Please calculate free cash flow for 2006 given the following

2002

2003

2004

2005

2006 Forecast

Cash

2,837

3,330

3,043

4,180

4,720

Accounts Receivable

18,092

19,823

23,104

28,203

30,893

Inventory

3,549

4,238

4,233

4,615

5,307

Current Assets

24,478

27,391

30,380

36,998

40,920

Plant and Equipment

87,534

91,392

93,569

97,476

105,976

112,012

118,783

123,949

134,474

146,896

Accounts Payable

8,891

9,609

11,067

13,534

15,563

Other Accrued Expenses

5,313

5,713

6,490

7,897

8,916

Current Liabilities

14,204

15,322

17,557

21,431

24,479

Long-Term Debt

55,000

75,000

71,000

67,000

67,000

Owners' Equity

42,808

28,461

35,392

46,043

55,417

112,012

118,783

123,949

134,474

146,896

2002

2003

2004

2005

2006

Sales

128,978

143,560

161,863

185,815

209,788

Cost of Goods Sold

100,857

111,203

125,756

144,594

166,300

Gross Margin

28,121

32,357

36,107

41,221

43,488

General and Administrative

12,482

13,685

18,131

17,327

19,510

Earnings Before Interest and Taxes (EBIT)

15,639

18,672

17,976

23,894

23,978

Interest

4,537

6,150

5,964

5,695

5,695

11,102

12,522

12,012

18,199

18,283

Tax

3,882

4,288

4,312

6,210

6,399

Net Income

7,220

8,234

7,700

11,989

11,884

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