Sirius Satellite Radio Incorporated

Company Cash Flow

Cash Flow From Operating Activities
	Dec 2007	Dec 2006	Dec 2005	Dec 2004
Net Income (Loss)	-565.25M	-1.10B	-863.00M	-712.16M
Operating Gains/Losses	-428.00K	1.66M	175.49M	148.71M
Extraordinary Gains / Losses	0.00	0.00	0.00	0.00
(Increase) Decrease In Receivables	-42.06M	-20.33M	-28.44M	0.00
(Increase) Decrease in Inventories	4.96M	-20.25M	-6.33M	0.00
(Increase) Decrease In Other Current Assets	0.00	0.00	6.49M	-44.86M
(Decrease) Increase In Payables	66.17M	33.52M	145.05M	109.00M
(Decrease) Increase In Other Current Liabilities	-8.92M	1.24M	225.26M	83.00M
(Increase) Decrease In Other Working Capital	183.92M	165.12M	0.00	0.00
Other Non-Cash Items	92.17M	463.90M	0.00	0.00
Net Cash From Continuing Operations	-148.77M	-414.55M	-273.74M	-334.46M
Net Cash From Discontinued Operations	0.00	0.00	0.00	0.00
Cash Provided By Investing Activities
Net Cash From Total Operating Activities	-148.77M	-414.55M	-273.74M	-334.46M
Sale of Property, Plant & Equipment	641.00K	127.00K	72.00K	443.00K
Cash Used for Investing Activities
Sale of Short-Term Investments	40.19M	255.72M	47.93M	25.00M
Purchases of Property, Plant & Equipment	-65.26M	-99.83M	-49.89M	-28.59M
Acquisitions	0.00	0.00	0.00	0.00
Purchases of Short-Term Investments	-310.00K	-135.84M	-170.19M	-89.71M
Other Cash from Investing Activities	-29.44M	0.00	0.00	0.00
Cash Provided by Financing Activities
Net Cash From Investing Activities	-54.19M	20.18M	-172.08M	-92.85M
Issuance of Debt	244.88M	0.00	493.00M	518.41M
Cash Used for Financing Activities
Issuance of Capital Stock	4.10M	25.79M	18.54M	141.93M
Repayment of Long-Term Debt	-625.00K	0.00	-57.61M	0.00
Repurchase of Capital Stock	0.00	0.00	0.00	0.00
Payment of Cash Dividends	0.00	0.00	0.00	0.00
Other Financing Charges, Net	0.00	0.00	-8.00K	-112.00K
Net Cash From Financing Activities	248.35M	25.79M	453.93M	660.23M
Effect of Exchange Rate Changes	0.00	0.00	0.00	0.00
Net Change in Cash & Cash Equivalents	-565.25M	-1.10B	-863.00M	-712.16M