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Westaim announces 2007 year-end results
Date:2/15/2008

acked

commercial paper 5,968 - 5,968 -

Intangible assets (11) (50) (72) (245)

Intangible assets

- discontinued operations (12) (106) (480) (404)

Proceeds on sale of

investment 1,582 - 1,582 -

Proceeds on sale of

capital assets 75 - 14,437 -

Proceeds on sale of

discontinued operations 15 - 24 312

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Cash provided from (used in)

investing activities 7,199 (17,132) 19,484 (21,662)

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Financing activities

Repayment of long-term debt

- discontinued operations - - - (10,434)

Issuance of common shares

of subsidiary - 40 14 325

Issuance of common shares - - 27 4,484

Issuance of convertible

debentures of subsidiary - - - 2,000

Net cash outflow on

deconsolidation of former

subsidiary - - (2,306) -

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Cash provided from (used in)

financing activities - 40 (2,265) (3,625)

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Effect of exchange rate changes

on cash and cash equivalents 29 33 (489) 26

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Net decrease in cash and

cash equivalents
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SOURCE Westaim Corporation
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