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Westaim announces 2008 year-end results
Date:2/18/2009

---------- Financing activities Repurchase of common shares by subsidiary (63) - (63) - Issuance of common shares of subsidiary - - 1,000 14 Issuance of common shares - - - 27 Issuance of convertible debentures of subsidiary - - 3,500 - Net cash outflow on deconsolidation of former subsidiary - - - (2,306) ------------------------------------------------------------------------- Cash (used in) provided from financing activities (63) - 4,437 (2,265) ------------------------------------------------------------------------- Effect of exchange rate changes on cash and cash equivalents 1,756 29 2,495 (489) ------------------------------------------------------------------------- Net increase (decrease) in cash and cash equivalents 7,621 (1,384) 15,775 (14,042) Cash and cash equivalents at beginning of period 39,147 32,377 30,993 45,035 ------------------------------------------------------------------------- Cash and cash equivalents at end of period $ 46,768 $ 30,993 $ 46,768 $ 30,993 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Cash and cash equivalents is comprised of: Cash $ 4,332 $ 12,537 $ 4,332 $ 12,537 Cash equivalents 42,436 18,456 42,436 18,456 ------------------------------------------------------------------------- 46,768 30,993 46,768
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