Page 94 - 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
Notes
2016 2015
Accrued expenses 369,585,879 531,839,107
Other current liabilities 36,117,657 462,456,671

Construction obligations 313,410,952 350,182,557
Deferred revenues 6,327,380,895 7,091,459,611
Electricity usage guarantee 1,889,933,693 1,628,899,353

Sales and service guarantee 62,829,555 31,348,257
Employee gratuity fund 794,048 (6,182,920)
Other non-current liabilities 142,679,319 93,042,182

Net cash provided by operating activites 57,959,773,241 44,795,785,178
Cash Flows from Investing Activities :
Payment of short-term investments (10,563,990,901) (11,047,000,000)

Dividend received from associates 39,270,000 19,965,000
Payment of property, plant and equipment (5,045,693,086) (3,675,291,136)
Payment of constructions in progress (20,967,151,708) (22,011,395,897)

Interest expense capitalized to constructions in (447,373,746) (404,393,697)
progress
Proceeds from disposal of property, plant and
equipment - 15,651
Payment of intangible assets (314,884,816) (65,805,681)

Payment of investment property (260,280) (655,500)
Net cash used in investing activities (37,300,084,537) (37,184,561,260)
Cash Flows from Financing Activities :
Interest paid (3,091,453,370) (3,188,688,547)

Payment of long-term loans (10,186,662,071) (7,939,985,700)
Proceeds from long-term loans 4,000,000,000 10,000,000,000

ayment of fnancial lease liabilities (1,096,720,975) (713,742,136)
Remittance to the Ministry of Finance (12,608,500,000) (12,271,000,000)
et cash used in fnancing activities (22,983,336,416) (14,113,416,383)
Net decrease in cash and cash equivalents (2,323,647,712) (6,502,192,465)

Cash and cash equivalents at the beginning of
the period 4,437,899,027 10,940,091,492

Cash and cash equivalents at the end of the period 3.1, 5.1 2,114,251,315 4,437,899,027

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

94 SMART PEA
Annual Report 2016 Provincial Electricity Authority