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SemBioSys announces 2007 financial and operational results
Date:3/17/2008

(106,826) -

Exercise of stock options 81,242 167,914

Proceeds from long-term debt 250,000 777,811

Repayment of long-term debt (704,990) (612,938)

Repayment of repayable advances (85,640) -

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22,649,546 312,503

Investing activities

Proceeds on sale of property and equipment 6,000 7,000

Acquisition of property and equipment (5,599,035) (1,410,000)

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(5,593,035) (1,403,000)

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Increase (decrease) in

cash and cash equivalents 4,115,554 (12,184,636)

Cash and cash equivalents - Beginning of year 16,328,459 28,513,095

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Cash and cash equivalents - End of year 20,444,013 16,328,459

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Supplemental Information

Cash interest received 1,367,372 444,063

Cash interest paid 175,343 167,026

Non-cash transactions

Capital items included in accounts payable 276,373 362,608

Share issue costs included in accounts payable 57,884 -

Proceeds from issuance of common

shares included in accounts receivable - 4,186


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SOURCE SemBioSys Genetics Inc.
Copyright©2008 PR Newswire.
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