Consolidated Statements of CASH FLOWS ALPHALAND CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in Thousands)
Note CASH FLOWS FROM OPERATING ACTIVITIES Income before income tax Adjustments for: Gain on fair value changes of investment properties Interest expense and other finance charges Depreciation and amortization Loss on forfeitures and cancellation Interest income Unrealized foreign exchange losses Gain on sale of AFS financial assets Equity in net loss (income) of an associate Operating income before working capital changes Decrease (increase) in: Trade and other receivables Land and development costs and parking lots for sale Other current assets Increase in: Trade and other payables Customers’ deposits Retirement liability Net cash generated from (used for) operations Income taxes paid Interest received Net cash provided by (used in) operating activities CASH FLOWS FROM INVESTING ACTIVITIES Additions to: Property and equipment Investment properties Equity securities designated as FVOCI Software Proceeds from: Sale of equity securities designated as FVOCI (formerly classified as AFS financial assets) Disposal of property and equipment Rescission of sale and disposal of investment properties Decrease (increase) in: Advances to related companies Other noncurrent assets Investment in and advances to an associate Advances to an associate Net cash used in investing activities
96
(Forward)
11 15 12 7 5 10 9
11 13
2018
Years Ended December 31 2017
2016
P =7,165,860
P =11,571,403
P =10,210,685
(7,453,516) 321,345 296,100 197,387 (17,033) 3,584 – – 513,727
(11,471,819) 365,727 124,567 – (17,764) 1,117 (123,152) (1,381) 448,698
(10,007,052) 294,749 121,860 – (19,635) 1,885 (108,505) 1,135 495,122
(232,876)
(738,983)
(458,383)
(153,290) (15,848)
(537,357) (384,624)
(458,693) 220,506
277,383 98,594 20,058 507,748 (46,718) 11,893 472,923
321,031 21,142 15,540 (854,553) (17,866) 17,764 (854,655)
1,062,891 25,991 7,494 894,928 (82,091) 19,635 832,472
(1,633,160) (208,777) (70,400) (5,796)
(435,010) (33,459) – –
(608,326) (226,678) – (154)
215,921 35,417
158,214 –
137,820 –
–
221,279
–
(342,331) 134,658 (750) – (1,875,218)
(364,306) (18,904) 9,671 1,689 (460,826)
(446,730) 52,517 – (696) (1,092,247)