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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 28,237,554 $ 29,585,391 $ 5,856,294
Income from Continuing Operations Attributable to Non-Controlling Interests 577,590 573,791 1,112,913
Net income 28,815,144 30,159,182 6,969,207
Adjustments to reconcile net income to net cash provided by operating activities      
Gain on sale of land and project documentation (12,134,766)    
Impairment loss for Mexico assets - discontinued operations     377,326
Foreign currency transaction adjustment - discontinued operations 64,960 (2,003) (102,507)
Loss from discontinued operations 1,714,622 1,088,747 2,096,230
Depreciation and amortization 6,691,658 6,576,454 6,187,308
Deferred income tax benefit (319,887) (524,999) (4,220)
Provision for credit losses 442,828 408,489  
Loss on net put/call option     (128,000)
Compensation expense relating to stock and stock option grants 1,397,583 1,933,666 1,417,172
(Gain) loss on asset dispositions and impairments, net (197,786) 7,112 12,704
Equity in earnings of affiliates (269,455) (169,728) (102,225)
Distribution of earnings from OC-BVI 227,250 303,000 272,700
Accounts receivable (1,796,919) (10,970,521) 303,125
Contract assets 17,082,814 (18,639,335) (2,423,761)
Inventory (3,747,675) (891,405) (3,387,011)
Prepaid expenses and other assets (361,359) (755,391) (3,365,747)
Accounts payable, accrued expenses and other current liabilities (2,370,274) 3,161,386 6,756,433
Contract liabilities 2,889,643 (2,566,910) 8,290,043
Operating lease liabilities (5,207) (5,205) (5,208)
Deferred revenue 48,862 1,192 (267,821)
Net cash provided by operating activities - continuing operations 38,172,036 9,113,731 23,151,748
Net cash used in operating activities - discontinued operations (1,656,504) (1,142,969) (1,819,943)
Net cash provided by operating activities 36,515,532 7,970,762 21,331,805
Cash flows from investing activities      
Purchase of certificate of deposit     (2,518,493)
Maturity of certificate of deposit     5,018,493
Additions to property, plant and equipment and construction in progress (6,696,580) (5,047,884) (7,542,761)
Proceeds from asset dispositions 446,337 20,808 61,725
Investment in affiliate (50,000)    
Proceeds from Mexican settlement agreement 33,261,664    
Acquisition of REC, net of cash acquired   (3,419,916)  
Purchase of non-controlling interest in PERC   (2,440,027)  
Net cash provided by (used in) investing activities 26,961,421 (10,887,019) (4,981,036)
Cash flows from financing activities      
Dividends paid to common shareholders (6,284,645) (5,472,790) (5,145,742)
Dividends paid to preferred shareholders (17,962) (14,228) (11,078)
Dividends paid to non-controlling interests (232,100)   (1,102,475)
Buyback of redeemable preferred stock (14,614) (1,830) (226)
Proceeds received from exercise of stock options 23,753 99,764 26,739
Principal repayments on long-term debt (186,586) (135,481) (72,091)
Net cash used in financing activities (6,712,154) (5,524,565) (6,304,873)
Net increase (decrease) in cash and cash equivalents 56,764,799 (8,440,822) 10,045,896
Cash and cash equivalents at beginning of period 42,621,898 50,711,751 40,358,059
Cash and cash equivalents at beginning of period - discontinued operations 91,283 442,252 750,048
Less: cash and cash equivalents at end of period - discontinued operations (127,859) (91,283) (442,252)
Cash and cash equivalents at end of period $ 99,350,121 $ 42,621,898 $ 50,711,751