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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities:      
Net income $ 242,431 $ 102,983 $ 65,275
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 129,256 99,273 95,849
Loss on disposal of property, plant and equipment 2,565 13,976 8,094
Gain on disposal of solar power systems (36,098) (27,803) (46,367)
Gain on disposal of investment in affiliates (47,102)    
Impairment loss of property, plant and equipment 30,968 11,626 22,757
Impairment loss of project assets 9,016 0 2,952
Impairment loss of investment 5,738 3,686 0
(Gain) loss on change in fair value of derivatives 19,230 272 (27,322)
Equity in loss (earnings) of unconsolidated investees (5,908) (9,411) 4,404
Allowance for doubtful accounts 2,812 7,265 (280)
Write-down of inventories 14,646 17,820 19,467
Gain on repurchase of convertible notes     (2,782)
Share-based compensation 10,258 9,314 7,757
Unrealized gain (loss) from sales to unconsolidated investees (13,573) 13,065 9,469
Changes in operating assets and liabilities:      
Accounts receivable trade (179,607) 46,337 (33,060)
Accounts receivable, unbilled 1,158 2,345 4,688
Amounts due from related parties 9,237 (10,089) (4,230)
Inventories 55,408 (49,024) (50,557)
Value added tax recoverable (9,206) (38,190) (11,466)
Advances to suppliers 29,001 (15,990) (30,609)
Project assets (30,501) (128,982) (6,792)
Prepaid expenses and other current assets (2,208) (49,813) (135,426)
Other non-current assets 9,387 (23,795) (1,308)
Accounts payable 47,756 (27,758) 61,157
Short-term notes payable (173,148) 243,685 (141,363)
Amounts due to related parties 10,467 33,908 (43,774)
Other payables 39,791 (5,889) 63,828
Advances from customers (11,225) (44,985) 19,710
Other liabilities (29,691) (18,774) (995)
Accrued warranty costs (3,563) (6,726) (3,847)
Prepaid land use rights 6,557 (30,087) (19,714)
Liability for uncertain tax positions 10,863 833 (6,037)
Goodwill 5,243 1,369  
Deferred taxes 37,591 84,939 (95,629)
Net settlement of derivatives 28,731 (1,460) (1,922)
Net cash provided by (used in) operating activities 216,280 203,920 (278,073)
Investing activities:      
Investments in affiliates (11,036) (92,925) (124,737)
Return of investment from unconsolidated investees 816 4,233 7,442
Purchase of property, plant and equipment (316,282) (276,978) (286,722)
Purchase of solar power systems   (33,697) (824,766)
Proceeds from disposal of solar power systems 17,800 128,768 90,078
Proceeds from insurance claim   43,930 46,801
Proceeds from disposal of investment on subsidiaries     1,899
Proceeds from disposal of investment in affiliates 337,773    
Distribution to non-controlling shareholders upon disposal of a subsidiary     (3,137)
Acquisition of subsidiaries, net of cash paid   (12,561)  
Net cash used in investing activities 29,071 (239,230) (1,093,142)
Financing activities:      
Proceeds from short-term borrowings 1,430,708 1,646,910 1,841,808
Repayment of short-term borrowings (2,368,967) (2,068,069) (2,243,003)
Proceeds from long-term borrowings 382,831 690,841 1,076,332
Gross proceeds from issuance of common shares     23,864
Issuance costs paid for common shares offering     (456)
Payment of financing costs     (3,750)
Acquisition of non-controlling interest (6,591)    
Proceeds from non-controlling interest 10,470   1,648
Proceeds from third party financing liabilities 119,095 12,243 415,523
Proceeds from sales leaseback arrangement 35,944 61,142 96,697
Distributions to tax equity investors (3,013) (9,582)  
Repayment of capital lease obligation (64,859) (30,128) (24,191)
Proceeds from short-term commercial paper     134,311
Repayment of short-term commercial paper   (138,953)  
Payments for repurchase of convertible notes     (19,667)
Proceeds from exercise of stock options 769 879 707
Net cash provided by(used in) financing activities (463,613) 165,283 1,299,823
Effect of exchange rate changes (38,725) 51,342 (46,629)
Net increase (decrease) in cash, cash equivalents and restricted cash (256,987) 181,315 (118,021)
Cash, cash equivalents and restricted cash at the beginning of the year 1,190,134 1,007,700 1,134,683
Less: net increase (decrease) in cash and cash equivalents classified within assets held-for-sale (7,843) (1,119) 8,962
Cash, cash equivalents and restricted cash at the end of the year 940,990 1,190,134 1,007,700
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) 103,236 113,513 70,827
Income taxes paid 32,135 45,483 187,876
Supplemental schedule of non-cash activities:      
Reclassification of solar power systems to project assets   4,782 1,362,037
Unpaid proceeds from disposal of subsidiaries included in prepaid expenses and other current assets     14,604
Property, plant and equipment costs included in other payables $ 228,970 $ 153,017 120,881
Solar power systems costs included in accounts payables     72,885
Decrease in amounts due from related parties, net of investments in affiliates     $ 65,090