Astec Industries (ASTE) 8-K Regulation FD Disclosure

EXHIBIT 99.1

	Year Ended December 31,
	2004	2003	2002
Cash Flows from Operating Activities
Net income (loss)	$ 19,053,263	$ (28,964,005)	$ (4,705,926)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	10,853,013	12,673,660	15,070,442
Amortization	266,457	452,572	141,139
Provision for doubtful accounts	592,544	312,021	1,168,447
Provision for inventory reserves	3,426,958	5,304,370	3,104,411
Provision for warranty	8,586,480	7,599,745	8,840,731
Deferred income tax provision (benefit)	4,943,606	(5,508,648)	(610,269)
Gain on disposal of discontinued operations, net of tax	(5,406,224)	--	--
(Gain) loss on disposition of fixed assets	450,081	(1,034,489)	(162,721)
Gain on sale of equipment on operating lease	--	(534,325)	(708,046)
Gain on sale of finance receivables	--	(18,000)	(342,063)
Goodwill impairment	--	16,260,975	--
Minority interest in losses (earnings) of subsidiary	(111,260)	136,967	80,403
(Increase) decrease in:
Receivables	(3,556,365)	6,575,947	3,244,069
Inventories	(21,471,263)	6,291,914	6,527,167
Prepaid expenses	(4,648,422)	(2,752,027)	(1,378,562)
Other assets	(922,253)	(1,347,012)	(2,316,920)
Increase (decrease) in:
Accounts payable	8,928,898	(6,688,461)	6,536,815
Customer deposits	686,642	3,515,342	(1,886,474)
Accrued product warranty	(7,358,121)	(7,744,036)	(8,535,986)
Refundable income taxes	(386,591)	6,839,098	--
Income taxes payable	(1,620,135)	2,292,637	597,519
Accrued retirement benefit costs	(1,037,275)	--	--
Self insurance loss reserves	381,692	2,014,416	2,275,444
Other accrued liabilities	8,357,429	(8,763,779)	6,592,169
Foreign currency transaction (gain) loss	294,674	280,577	90,651
Net cash provided by operating activities	20,303,828	7,195,459	33,622,440
Cash Flows from Investing Activities
Proceeds from disposal of discontinued operations, net	23,496,339	--	--
Proceeds from sale of property and equipment	1,511,047	1,660,676	1,238,570
Expenditures for property and equipment	(11,167,772)	(3,588,297)	(19,273,932)
Proceeds from sale of equipment on operating lease	--	6,611,539	16,634,694
Expenditures for equipment on operating lease	--	--	(14,704,868)
Additions to finance receivables	--	(1,043,412)	(40,741,257)
Collections of finance receivables	121,310	18,190,171	20,413,550
Proceeds from sale of finance receivables	--	1,585,484	29,330,175
Additions to notes receivable	(42,663)	(300,800)	(7,228,110)
Repayments on notes receivable	120,719	7,305,714	4,554
Net cash provided (used) by investing activities	14,038,980	30,421,075	(14,326,624)

	Year Ended December 31,
	2004	2003	2002
Cash Flows from Financing Activities
Proceeds from issuance of common stock	$ 2,754,586	$ 382,014	$ 698,540
Net borrowings (repayments) under revolving credit loans	(19,479,303)	(3,905,306)	5,314,410
Proceeds from sale of minority interest stock	1,706,034	--	--
Cash paid for retirement of stock	(1,817,147)	(70,776)	(87,888)
Principal repayments of industrial bonds, loans and notes payable	(18,734,227)	(95,113,634)	(6,769,101)
Purchase of company shares by Supplemental Executive Retirement Plan	(231,711)	(674,000)	(785,000)
Proceeds from debt and notes payable	--	40,122,943	5,655,642
Net cash provided (used) by financing activities	(35,801,768)	(59,258,759)	4,026,603
Effect of exchange rates on cash	73,116	52,154	348,574
Increase (decrease) in cash and cash equivalents	(1,385,844)	(21,590,071)	23,670,993
Cash and cash equivalents, beginning of period	9,734,537	30,341,171	6,670,178
Cash and cash equivalents, end of period	$ 8,348,693	$ 8,751,100	$ 30,341,171
Supplemental Cash Flow Information
Cash paid during the year for:
Interest	$ 3,890,711	$ 9,213,232	$ 10,235,731
Income taxes (net of refunds)	$ 9,915,939	$ (6,526,586)	$ (2,955,356)
Tax benefits related to stock options:
Refundable income taxes	--	--	$ 105,809
Additional paid-in capital	$ (262,002)	$ (71,819)	(105,809)
Income tax payable	262,002	71,819	--
Restructure of note receivable:
Finance receivables	248,028	--	--
Accounts receivable	(248,028)	--	--
Repossession of rental equipment:
Inventory	$ 270,000	--	--
Fixed assets	(270,000)	--	--