Page 125 - รายงานประจำปี 2566

Tokio Marine Safety Insurance (Thailand) Public Company Limited
Statement of Cash Flows

Tokio Marine Safety Insurance (Thailand) Public Company Limited
For the year ended 31 December 2023
Statement of Cash Flows
For the year ended 31 December 2023

2023 2022
Thousand Baht Thousand Baht
Cash flows provided from (used in) operating activities
Direct premium written 20,507,049 20,586,915
Payment on reinsurance (1,809,952) (1,633,537)
Interest received 414,810 410,829
Other income 128,044 94,086
Claim from direct insurance (9,687,934) (8,887,455)
Commissions and brokerages from direct insurance (3,289,722) (3,235,234)
Other underwriting expenses (1,841,441) (2,072,424)
Operating expenses (1,070,910) (1,032,908)
Income tax (533,161) (785,334)
Cash received for deposit at financial institutions
with original maturing more than 3 months 495,900 1,746,000
Cash received from selling and maturity investment in securities 6,143,037 3,698,317
Cash received from loans 12,807 13,420
Cash paid for investment in securities (7,816,644) (6,581,382)
Cash paid for loans (14,993) (11,739)
Net cash provided from operating activities 1,636,890 2,309,554

Cash flows provided from (used in) investing activities
Cash flows provided
Building improvement and equipment 11,759 13,683

Net cash provided from investing activities 11,759 13,683
Cash flows used
Building improvement and equipment (42,548) (36,092)
Intangible assets (4,644) (11,888)

Net cash used in investing activities (47,192) (47,980)

Net cash used in investing activities (35,433) (34,297)
Cash flows from financing activities
Dividend Paid (1,953,773) (2,457,071)
Payments on lease liabilities (38,035) (38,016)
Net cash used in financing activities (1,991,808) (2,495,087)

Net decrease in cash and cash equivalents (390,351) (219,830)
Cash and cash equivalents at the beginning of the year 933,271 1,153,101

Cash and cash equivalents at the end of the year 542,920 933,271

Non-cash transaction
Acquisition of right-of-use assets 98,057 -
Purchases of intangible assets not yet paid - -
Dividend payable 4,185 3,709

The accompanying notes are an integral part of these financial statements.

8
125
รายงานประจำาปี 2566 | ANNUAL REPORT 2023 |