Page 96 - PEA_AnnualReport_2016

Statements of Cash Flows
The Provincial Electricity Authority
and Its Subsidiary

For The Year Ended December 31, 2016
(Unit : Baht)
Separate financial statements
Notes
2016 2015
Accrued expenses 366,610,509 534,505,521

Other current liabilities 35,526,875 462,434,634
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 63,159,930 31,348,257
Employee gratuity fund 794,048 (6,182,920)

Other non-current liabilities 142,735,006 93,042,182
Net cash provided by operating activites 57,961,244,077 44,706,725,364

Cash Flows from Investing Activities :
Payment of short-term investments (10,453,000,000) (11,047,000,000)

Payment of investment in subsidiary - (25,908,750)
Payment of property, plant and equipment (5,044,782,473) (3,674,975,651)

Payment of constructions in progress (20,967,151,708) (22,011,395,897)
Interest expense capitalized to constructions (447,373,746) (404,393,697)
in progress
Proceeds from disposal of property, plant and - 15,651
equipment
Payment of intangible assets (314,794,817) (65,768,651)

Payment of investment property (260,280) (655,500)
Net cash used in investing activities (37,227,363,024) (37,230,082,495)

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 (1,095,986,333) (713,007,494)
Remittance to the Ministry of Financial (12,608,500,000) (12,271,000,000)

et cash used in fnancing activities (22,982,601,774) (14,112,681,741)
Net decrease in cash and cash equivalents (2,248,720,721) (6,636,038,872)

Cash and cash equivalents at the beginning of 4,063,721,026 10,699,759,898
the period

Cash and cash equivalents at the end of the period 3.1, 5.1 1,815,000,305 4,063,721,026

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

96 SMART PEA
Annual Report 2016 Provincial Electricity Authority