Page 93 - PEA_AnnualReport_2016

Statements of Cash Flows
The Provincial Electricity Authority
and Its Subsidiary

For The Year Ended December 31, 2016
(Unit : Baht)
Consolidated financial statements
2016 2015
Cash Flows from Operating Activities :

Proft for the year 25,956,390,582 21,134,434,582
Adjustments of proft to net cash provided by (used in)
operating activities :
Depreciation and amortization 19,170,427,246 18,924,706,824

Bad debts and doubtful accounts 12,151,225 (5,433,333)
Provision for obsolete materials and supplies 29,133,316 (34,835,721)
Amortization of deferred revenues (3,748,185,276) (3,635,280,475)

Employee beneft obligations 258,194,567 321,464,978
Long-term provisions 3,447,930 192,802,001
Loss on disposal of assets 33,809,730 79,892,384
Gain on disposal of materials and supplies (12,970,585) (13,223,636)

Gain on foreign exchange (20,950,374) (31,347,361)
Other non-operating revenues (105,550) -
Share of proft of associates (69,609,603) (66,579,176)
Interest income (1,209,899,672) (1,382,774,270)

Interest expense 3,085,665,151 3,310,997,188
Proft from operating activities before changes in operating assets 43,487,498,687 38,794,823,985
and liabilities
Changes in operating assets (increase) decrease

Trade accounts receivable 1,611,528,581 (250,353,078)
Materials and supplies 327,660,273 952,549,040
Special-purpose deposits at fnancial institutions 1,682,594,999 (2,587,259,118)

Accrued revenues 2,761,408,621 (5,133,172,033)
Interest received 1,506,853,434 1,439,278,903
Undue input VAT 138,192,568 (92,352,079)
Advance payments to suppliers 176,345,873 35,410,516

Other current assets 85,236,536 614,498,811
Other non-current assets (66,633,817) (33,661,717)
Changes in operating liabilities increase (decrease)

Trade accounts payable (2,791,223,993) 591,844,995
Other payables (228,905,700) (345,472)
Advance received per contract 128,247,757 231,458,634
Deposits payable (1,762,576) 50,018,973

The notes to fnancial statements are an integral part of these fnancial statements.

SMART PEA 93
Annual Report 2016 Provincial Electricity Authority