25 25 Less: Cash taxes 5 III) 1211 1311 30 Less: Insurance Financing I1 0 I 3 0 Plus: Asset sales I 18 6 1 0 Plus: Proceeds from Jamul (24) 274 279 5 0 Free Cah Flow 05081 3271 $345 $133 $225 Total Debt 55.300 $4,947 $4,904 $4,847 $4,622 Cash 237 230 265 265 26

EINIDAR $786 8944 $868 SEM $012 Less: Development Capex 137 19 $28 $27 $60 Less: Maintenance Capex 63 79 74 78 65 Less: Advances to Jamul 130 184 17 1 0 Less: Acquisitions 453 91 161 128 0 Less:Cash interest 45 61 64 56 55 Less: Rent Payments 437 442 451 455 462

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NI navigation charge will be charged to all corporateadhoc flights for foreign customers only. SINCERELY DaakIla Dawson On behalf of: Hensel. Ms. Jamul WORLD FUEL SERVICES All quotes issued by World Fuel Services or its subsidiaries arc subject to World Fuel Services Terms and Conditions a copy of

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