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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 875,579 $ 3,711,528
Income from continuing operations attributable to non-controlling interests (632,915) (730,005)
Net Income 1,508,494 4,441,533
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment loss for Mexico assets - discontinued operations 963,540 3,351,842
Depreciation and amortization of discontinued operations 4,545 4,545
Foreign currency transaction adjustment - discontinued operations 53,039 3,528
Loss from discontinued operations 1,552,955 1,542,328
Depreciation and amortization 6,921,233 7,406,509
Deferred income tax benefit (204,086) (221,829)
Provision for doubtful accounts 0 129,107
Unrealized (gain) loss on net put/call option (818,000) 26,000
Compensation expense relating to stock and stock option grants 977,232 1,163,261
Loss (gain) on asset dispositions and impairments, net 245,836 (13,997)
Profit-sharing and equity in earnings of OC-BVI (78,259) (506,694)
Distribution of earnings from OC-BVI 454,500 318,150
Impairment of goodwill 2,900,000  
Change in:    
Accounts receivable and contract assets (5,878,771) 2,541,096
Inventory 293,254 (102,551)
Prepaid expenses and other assets (711,615) (629,734)
Accounts payable(including related parties), accrued expenses and other current liabilities, and contract liabilities (112,598) (480,456)
Operating lease liabilities 48,593  
Deferred revenue 467,710 (1,700)
Net cash provided by operating activities - continuing operations 8,587,602 18,970,938
Net cash used in operating activities - discontinued operations (1,621,292) (1,635,646)
Net cash provided by operating activities 6,966,310 17,335,292
Cash flows from investing activities    
Purchase of certificate of deposit (2,500,000)  
Additions to property, plant and equipment and construction in progress (1,490,012) (1,728,393)
Proceeds from asset dispositions 45,560 8,638
Net cash used in investing activities (3,944,452) (11,119,755)
Cash flows from financing activities    
Dividends paid to common shareholders (5,151,667) (5,133,727)
Dividends paid to preferred shareholders (11,015) (11,990)
Dividends paid to non-controlling interests (649,880)  
Repurchase of redeemable preferred stock (16,799) (1,728)
Proceeds received from exercise of stock options 17,059 10,161
Principal repayments on long-term debt (49,729) (32,642)
Net cash used in financing activities (5,862,031) (5,169,926)
Net (decrease) increase in cash and cash equivalents (2,840,173) 1,045,611
Cash and cash equivalents at beginning of period 43,794,150 42,071,083
Cash and cash equivalents at beginning of period - discontinued operations 154,130 831,586
Less: cash and cash equivalents at end of period - discontinued operations (750,048) (154,130)
Cash and cash equivalents at end of period 40,358,059 43,794,150
Non-cash transactions:    
Right-of-use assets obtained in exchange for new operating lease liabilities 1,852,608 299,992
Purchase of equipment through issuance of long-term debt 95,707 122,292
Aerex    
Cash flows from investing activities    
Purchase of non-controlling interest in PERC 0 (8,500,000)
PERC Water Corporation    
Cash flows from investing activities    
Purchase of non-controlling interest in PERC $ 0 $ (900,000)