Statements of Consolidated Cash Flows Myers Industries, Inc. and Subsidiaries For The Years Ended December 31, 2001, 2000 and 1999 2001 2000 1999 Cash Flows From Operating Activities Net income $15,191,019  $24,000,607 $31,176,346 Items not affecting use of cash  Depreciation 33,361,480  33,075,562 30,331,491 Amortization of excess of costs over fair value  of net assets of companies acquired 9,223,542  8,949,361 7,016,458 Amortization of other intangibles 1,320,197  802,606 194,525 Deferred taxes 1,632,285  964,870 3,539,481 Cash flow provided by (used for) working capital Accounts receivable 18,608,281  (11,646,970) (7,217,304)  Inventories 6,359,412  (3,079,902) (7,665,075) Prepaid expenses (1,220,662)  3,292,023 (129,850) Accounts payable and accrued expenses (7,674,145) 10,978,852 197,663 Net cash provided by operating activities 76,801,409  67,337,009 57,443,735 Cash Flows From Investing Activities Acquisition of businesses, net of cash acquired (7,480,000) (17,529,677) (213,630,987) Additions to property, plant and equipment, net (25,182,509) (43,606,144) (27,526,755) Other (1,807,899) 42,204 (287,444) Net cash used for investing activities (34,470,408) (61,093,617) (241,445,186) Cash Flows From Financing Activities Long-term debt proceeds -- -- 75,000,000 Repayment of long-term debt (12,000,000) (8,000,000) (4,041,065) Net borrowings (repayments) – of credit facility (21,144,207)  12,540,289 86,493,075 Cash dividends paid (5,454,868) (4,969,876) (4,626,471) Proceeds from issuance of common stock 1,165,055  802,080 1,458,242 Repurchase of common stock -- (5,532,202) (4,020,181) Net cash provided by (used for) financing activities (37,434,020) (5,159,709) 150,263,600 Increase (Decrease) In Cash And Temporary Cash Investments 4,896,981  1,083,683 (33,737,851) Cash And Temporary Cash Investments January 1 2,177,983  1,094,300 34,832,151  Cash And Temporary Cash Investments December 31 $7,074,964 $2,177,983 $1,094,300 Supplemental Disclosures of Cash Flow Information Cash paid during the year for  Interest $19,715,515 $21,370,386 $14,360,716 Income taxes $11,478,129 17,558,167 27,731,272 The accompanying notes are an integral part of these statements. 21