Rentrak Corporation and Subsidiaries
Condensed Consolidated Statements of Cash Flows
(Unaudited)
(In thousands)
		For the Nine Months Ended December 31,
		2009		2008
Cash  flows from operating activities:
Net income	$	379	$	3,116
Adjustments to reconcile net income to net cash
flows provided by operating activities:
Depreciation and amortization		1,642		1,256
Stock-based compensation		1,493		393
Other adjustments		(11)		991
(Increase) decrease in:
Accounts and notes receivable		(475)		(3,284)
Taxes receivable and prepaid taxes		217		(752)
Other assets		283		427
Increase (decrease) in:
Accounts payable		2,281		3,037
Deferred revenue		(739)		694
Other liabilities		206		192
Net cash provided by operating activities		5,276		6,070
Cash flows from investing activities:
Proceeds from the sale of investments		-		4,986
Purchase of marketable securities		(6,154)		(30,000)
Purchase of property and equipment		(2,507)		(1,785)
Net cash used in investing activities		(8,661)		(26,799)
Net cash provided by (used in) financing activities		581		(1,143)
Effect of foreign exchange translation on cash		233		(155)
Decrease in cash and cash equivalents		(2,571)		(22,027)
Cash and cash equivalents:
Beginning of period		4,601		26,862
End of period	$	2,030	$	4,835
Supplemental cash flow information:
Income taxes paid	$	351	$	809
Income tax refunds		396		-
Deferred gain related to forgiven loan for capital assets		-		219
Unrealized gains (losses) on marketable securities, net of tax of $54 and $218		75		(286)