BANGKOK AVIATION FUEL SERVICES PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED 31 DECEMBER 2005 AND 2004 (Unit : Baht) CONSOLIDATED 2005 Cash flows from (used in) operating activities Net earnings 417,568,231 Adjustments to reconcile net earnings to net cash provided by (paid from) operating activities :Depreciation and amortisation 76,439,712 Reversal of allowance for doubtful accounts (15,411,840) Increase in reserve for employees’ benefit 26,793,523 Amortisation of deferred interest under finance lease agreements 805,234 Gain on disposal of equipment (19,517) Unrealised (gain) loss on exchange rate 12,135,839 Share of loss on investments accounted for under equity method Net loss in respect of minority interest (3,163,978) Net earnings from operations before changes in operating assets and liabilities 515,147,204 Operating assets (increase) decrease Trade accounts receivable (15,201,496) Amounts due from and advance to related companies 1,802,214 Inventory of spare parts 1,258,660 Other current assets (17,143,101) Other non-current assets 7,000 Operating liabilities increase (decrease) Trade accounts payable (10,915,160) Other current liabilities 13,811,744 Net cash from operating activities 488,767,065
2004
2005
2004
363,495,287 417,568,231 363,495,287
80,830,381 76,391,053 80,803,266 (20,870,200) (15,411,840) (20,870,200) 17,450,103 26,594,589 17,273,169 948,891 (26,493) (1,957,827)
805,234 (19,517) 403,657
948,891 (26,493) 363,600
(2,935,796)
18,300,391 -
6,532,769 -
436,934,346 524,631,798 448,520,289 (14,144,601) (15,201,496) (14,144,601)
The accompanying notes are an integral part of the financial statements.
155
THE COMPANY ONLY
(365,096) (1,247,933) 27,635,820 1,001,000
1,168,361 (1,962,026) 1,258,660 (1,247,933) (4,885,099) 3,111,128 7,000 1,001,000
6,636,947 (10,915,160) 6,636,948 13,639,934 11,509,736 14,770,645 470,090,417 507,573,800 456,685,450