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Consolidated Statements of Cash Flows
$ in Thousands, ฿ in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Operating activities:      
Profit before tax $ 11,332 $ 18,668 $ 6,535
Adjustments to reconcile profit before tax to net cash provided by operating activities:      
Depreciation 4,936 4,972 5,451
Impairment of property, plant and equipment 11 223 2,524
Amortization of prepaid land lease payments 38 35 57
Gain on disposal of investment property     (4,466)
Amortization of intangible assets 44 49 46
Gain on disposal of property, plant and equipment (93) (99) (100)
(Gain) loss on disposal of assets classified as held for sale   (4,525) 11
Adjustment for loss (gain) on fair value of derivatives 2 332 (171)
Dividend income (105) (100) (96)
Finance income (482) (876) (1,045)
Finance costs 1,378 1,221 1,147
Share of loss of associates 3 3 710
Impairment of investment in associates     126
Impairment for trade receivables 570 302 279
Impairment (reversal of impairment) for trade receivables for related parties 1 27 (1)
Impairment of other receivable 53   191
Impairment (write-back of impairment) of inventories 1,613 532 (3,306)
Unrealized foreign exchange difference, net (742) (1,771) 1,244
Loss on liquidation of subsidiary   261  
Changes in operating assets and liabilities      
Trade and other receivable, net 27,993 (17,438) (9,949)
Contract assets (1,317)    
Inventories 10,339 (11,523) 7,713
Prepayment and other current assets 133 123 1,704
Amounts due to/from related parties (1,422) 2,733 (7)
Other non-current assets (55) 77 (261)
Trade and other payables, accruals, other current liabilities and other non-current liabilities (8,518) (6,778) 2,334
Net cash flows (used in) provided by operating activities 45,712 (13,552) 10,670
Dividend received 105 100 96
Interest received 405 858 869
Interest paid (1,216) (1,043) (941)
Income tax paid (4,357) (2,787) (1,680)
Net cash (used in) provided by operating activities 40,649 (16,424) 9,014
Investing activities:      
Purchases of property, plant and equipment (4,441) (4,903) (5,044)
Purchases of intangible assets (67) (10) (126)
Purchases of investment properties   (84)  
Purchases of long-term bank deposits (410) (475)  
Proceeds from disposal of held for sale assets   8,011 210
Proceeds from disposal of property, plant and equipment 100 510 113
Proceeds from disposal of other financial assets-held to maturity   340  
Proceeds from disposal of investment property     4,695
Net cash provided by (used in) investing activities (4,818) 3,389 (152)
Financing activities:      
Dividend paid to non-controlling shareholders of subsidiaries (2,206) (1,943) (1,159)
Dividend paid to company's shareholders (1,106) (1,382)  
Repayments of borrowings (25,737) (17,306) (35,346)
Proceeds from borrowings 9,517 27,714 26,120
Change in financial lease liabilities (46) (41) (28)
Net cash provided by (used in) financing activities (19,578) 7,042 (10,413)
Effect of exchange rate (1,568) 3,855 (1,521)
Net increase (decrease) in cash and cash equivalents 14,685 (2,138) (3,072)
Cash and cash equivalents at beginning of year 46,093 48,231 51,303
Cash and cash equivalents at end of year $ 60,778 $ 46,093 $ 48,231