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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income $ 109,876,000 $ 147,246,000 $ 166,555,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 282,769,000 209,118,000 159,723,000
Accretion of convertible notes 1,461,000 388,000  
Loss (gain) on disposal of property, plant and equipment 83,000 (253,000) 1,227,000
Gain on disposal of solar power systems (10,091,000)   (1,666,000)
Gain on disposal of investment in affiliates (10,392,000) (13,936,000) (1,928,000)
Impairment loss of property, plant and equipment 6,084,000 11,854,000 21,866,000
Impairment loss of project assets 17,152,000 369,000 20,194,000
Impairment loss of investment 0 24,060,000 0
Loss (gain) on change in fair value of derivatives, net (23,785,000) (50,001,000) 22,218,000
Share-based compensation 8,808,000 12,350,000 10,682,000
Equity in earnings of unconsolidated investees (7,256,000) (10,779,000) (28,948,000)
Allowance for credit losses 7,615,000 9,874,000 1,250,000
Non-cash operating lease expenses 14,321,000 19,260,000 14,318,000
Write-down of inventories 14,070,000 42,907,000 19,447,000
Unrealized gain (loss) from sales to affiliates 35,890,000 (66,000) 6,194,000
Derecognition of interest rate swap   4,439,000  
Changes in operating assets and liabilities:      
Accounts receivable trade (284,785,000) 65,379,000 51,670,000
Accounts receivable, unbilled (8,783,000) (12,064,000) (15,268,000)
Amounts due from related parties (68,912,000) 26,828,000 (17,347,000)
Inventories (518,741,000) (180,974,000) (312,781,000)
Value added tax recoverable (21,873,000) 2,687,000 (849,000)
Advances to suppliers (30,416,000) (138,915,000) (27,066,000)
Project assets (73,375,000) (443,730,000) 28,527,000
Prepaid expenses and other current assets (85,754,000) (72,188,000) 33,283,000
Other non-current assets 20,357,000 (11,913,000) (24,037,000)
Accounts payable 11,023,000 (89,180,000) 209,175,000
Short-term notes payable 150,982,000 120,445,000 185,827,000
Amounts due to subsidiaries (171,000) (9,773,000) (5,798,000)
Other payables 126,215,000 10,386,000 42,810,000
Advances from customers (53,998,000) 51,683,000 96,115,000
Operating lease liabilities (15,803,000) (19,369,000) (12,566,000)
Other liabilities 41,835,000 179,911,000 (10,851,000)
Accrued warranty costs 9,413,000 (19,143,000) 4,624,000
Prepaid land use rights 1,647,000 452,000 2,622,000
Goodwill     1,005,000
Liability for uncertain tax positions (7,281,000) (623,000) (4,775,000)
Deferred taxes (67,386,000) (21,439,000) (12,455,000)
Net settlement of derivatives 31,886,000 33,054,000 (27,012,000)
Loss contingency accruals (10,939,000) 1,115,000 4,126,000
Net cash provided by (used in) operating activities (408,254,000) (120,541,000) 600,111,000
Investing activities:      
Investments in affiliates (54,004,000) (17,758,000) (7,684,000)
Return of investment from affiliates 2,671,000   3,012,000
Proceeds from disposal of investment in affiliates 14,311,000 33,037,000 1,649,000
Purchase of property, plant and equipment and intangible assets (428,725,000) (334,781,000) (291,182,000)
Proceeds from disposal of property, plant and equipment 18,555,000    
Purchase of solar power systems (775,000) (160,000)  
Proceeds from disposal of solar power systems 18,397,000   103,000
Net cash used in investing activities (429,570,000) (319,662,000) (294,102,000)
Financing activities:      
Proceeds from short-term borrowings 1,742,064,000 1,667,703,000 1,257,009,000
Repayment of short-term borrowings (1,879,884,000) (1,561,597,000) (1,649,721,000)
Proceeds from long-term borrowings 588,082,000 207,632,000 530,990,000
Acquisition of non-controlling interest (10,719,000)   (14,176,000)
Proceeds from non-controlling interests 10,003,000 261,332,000 11,488,000
Repayment to non-controlling interests (6,588,000)    
Net proceeds from issuance of common shares 148,510,000    
Proceeds from third party financing liabilities   6,419,000 3,000,000
Proceeds from sales-leaseback arrangement 45,693,000 9,945,000 9,044,000
Distributions to tax equity investors     (1,120,000)
Repayment of finance lease obligation (23,090,000) (22,173,000) (42,658,000)
Net proceeds from issuance of convertible notes   222,826,000  
Payments for repurchase of convertible notes     (127,500,000)
Proceeds from subscription of employee stock ownership plan   36,342,000  
Proceeds from exercise of stock options   1,035,000 875,000
Payments for repurchase of common shares   (5,963,000) (11,845,000)
Net cash provided by (used in) financing activities 614,071,000 823,501,000 (34,614,000)
Effect of exchange rate changes 18,320,000 50,997,000 (6,965,000)
Net increase (decrease) in cash, cash equivalents and restricted cash (205,433,000) 434,295,000 264,430,000
Cash, cash equivalents and restricted cash at the beginning of the year 1,639,715,000 1,205,420,000 940,990,000
Cash, cash equivalents and restricted cash at the end of the year 1,434,282,000 1,639,715,000 1,205,420,000
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) 71,006,000 78,747,000 85,362,000
Income taxes paid, net of tax refund 57,396,000 38,193,000 40,454,000
Supplemental schedule of non-cash activities:      
Property, plant and equipment costs included in other payables $ 299,664,000 $ 244,512,000 $ 244,483,000