Page 207 - E-BOOK

Remark 1 “Interest income from loans purchased” and “gain on loans purchased” are presented as two separate line
items in the audited financial statements for the years ended December 31, 2018, but are reclassified to be
presented as a combined line item, “interest income from loans purchased” in the audited financial
statement for the year ended December 31, 2019. As a result of reclassification, “gain on loans purchased” is
a component of “ interest income” in the audited financial statement for the year ended December 31, 2019.

Statement of Cash Flows

Year ended December 31,
Statement of Cash Flows 2018 2019 2020
Amount Amount Amount
Baht (in Million) Baht (in Million) Baht (in Million)
Cash flow from operating activities
Profit from operating before income tax expenses 5,209.3 6,212.1 2,195.8
Adjustments to reconcile profit from operating before income
tax expenses to cash received (paid) from operating activities
Depreciation and amortization 141.3 138.2 144.4 205
Decrease in advance expenses 76.0 95.2 126.8
(Increase) Decrease in accrued income 0.1 (11.5) 1.2
Decrease in deferred income (3.9) (3.7) (4.0)
Increase in accrued expenses 328.5 183.8 (458.8)
Damage from litigation - - 0.5
Allowance for long-term employee benefits 66.1 331.5 73.4 Bangkok Commercial Asset Management Public Co., Ltd.
Gain on fixed asset sales (13.4) (2.7) (3.4)
Gain on repression of property under instalment sales (2.5) (7.4) (3.2)
Increase in expected credit losses - - 5,199.1
Increase (Decrease) in doubtful accounts (162.2) 134.6 -
Increase (Decrease) in doubtful accounts - installment sales receivables 2.2 (0.5) -
Impairment loss on properties for sale (reversal) (20.5) (24.7) (10.4)
(Gain) Loss on investment in securities 30.3 (4.0) -
5,651.3 7,040.9 7,261.4
Net interest income (4,644.5) (7,007.4) (7,555.3)
Net dividend income (37.0) (38.2) (25.9)
Cash received from interest income 6,410.3 4,076.4 3,459.2
Cash received from dividend income 43.6 38.2 37.9
Cash received from accrued income from auction sale - 7,213.4 2,643.9
Cash paid on properties transferred from financial institutions (7,088.3) (8,210.4) (5,813.0)