Page 77 - Annual Report English 2018

Tycoons Worldwide Group (Thailand) Plc.

Tycoons Worldwide Group (Thailand) Public Company Limited and its subsidiary
Cash flow statement (continued)
For the year ended 31 December 2018
(Unit: Baht)
Consolidated financial statements Separate financial statements
2018 2017 2018 2017
Cash flows from investing activities
Increase of restricted bank deposits - (12,500,000) - (12,500,000)
Acquisition of building and equipment (207,992,043) (40,390,421) (207,992,043) (40,390,421)
Cahs received from sales land, building and equipment 109,157,938 31,238,410 109,157,938 31,238,410
Cash received from dissolution of subsidiary - - 24,473,677 -
Cash received from dissolution of investment in other company 24,543,634 - - -
Interest income 1,445,023 1,092,024 1,431,281 1,092,024
Net cash used in investing activities (72,845,448) (20,559,987) (72,929,147) (20,559,987)
Cash flows from financing activities
Payment of interest expenses (73,668,817) (54,368,190) (73,668,817) (54,368,190)
Increase (decrease) of short-term loans from
financial institutions (193,652,166) 879,411,124 (193,652,166) 879,411,124
Repayment of long-term loans (111,000,000) (105,000,000) (111,000,000) (105,000,000)
Repayment of liabilities under finance lease agreements (548,652) (1,101,180) (548,652) (1,101,180)
Net cash flows from (used in) financing activities (378,869,635) 718,941,754 (378,869,635) 718,941,754
Decrease of exchange differences on translation of
financial statements in foreign currency (7,275,369) (239) - -
Net increase in cash and cash equivalents 113,488,761 74,027,310 113,491,253 74,027,549
Cash and cash equivalents at beginning of year 471,234,381 397,207,071 471,231,889 397,204,340
Cash and cash equivalents at end of year 584,723,142 471,234,381 584,723,142 471,231,889
- -
Supplementary cash flow information
Non-cash transaction
Purchase eqiupments but has not yet paid 545,600 72,000 545,600 72,000

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

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