Schedule To Consolidated Statements Of Cash Flows

12 Months Ended

Dec. 31, 2012

Schedule To Consolidated Statements Of Cash Flows

POPE RESOURCES, A DELAWARE LIMITED PARTNERSHIP

SCHEDULE TO CONSOLIDATED STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2012, 2011, AND 2010

(IN THOUSANDS)

Reconciliation of net income (loss) to net cash	2012			2011			2010
provided by operating activities:
Net income (loss)	$	(6,796	)	$	8,927		$	820
Depletion		10,019			11,908			5,169
Capitalized development activities		(2,152	)		(893	)		(1,075	)
Equity-based compensation		740			900			712
Excess tax benefit from equity-based compensation		(220	)		(96	)		-
Depreciation and amortization		1,232			701			642
Gain on sale of property and equipment		(2,753	)		-			(11	)
Deferred taxes, net		97			90			(252	)
Cost of land sold		1,492			112			67
Write-off of debt issuance costs		-			-			32
Increase (decrease) in cash from changes in
operating accounts:
Accounts receivable		668			(1,353	)		(282	)
Contracts receivable		188			382			174
Prepaid expenses and other current assets		(84	)		(10	)		(71	)
Accounts payable and accrued liabilities		410			921			2,157
Deferred revenue		1,618			(227	)		205
Other current liabilities		15			37			(6	)
Environmental remediation		11,739			271			664
Other, net		(4	)		(10	)		5
Net cash provided by operating activities	$	16,209		$	21,660		$	8,950