Page 209 - E-BOOK

Statement of Cash Flows (Continued)

Year ended December 31,
Statement of Cash Flows 2018 2019 2020
Amount Amount Amount
Baht (in Million) Baht (in Million) Baht (in Million)
Cash flows from financing activities
Cash received from bank borrowings 16,450.0 49,500.0 41,050.0
Cash paid for repayment of debts issued and borrowings (21,779.0) (49,402.7) (44,181.1)
Cash received from debenture issuance 8,000.0 20,000.0 10,000.0
Cash paid for repayment of debenture (6,600.0) (7,230.0) (800.0)
Cash paid for fee of debts issue d (12.7) (34.5) (14.4)
Cash increase from capital increase - 4,900.0 3,798.2
Cash paid on capital increase (115.9) (66.5)
Cash received from redemption of bills of exchange 97.1 97.1 -
Cash paid on dividend payment to shareholders (4,400.6) (16,121.5) (3,393.6)
Cash paid for lease liabilities - - (14.3)
Net cash provided (used in) financing activities (8,245.2) 1,592.5 6,378.3 207
Net increase (decrease) in cash and cash equivalents (127.3) 348.2 6,328.5
Cash and cash equivalents as at beginning balance 1,158.9 1,031.6 1,379.9
Cash and cash equivalents as at ending balance 1,031.6 1,379.8 7,708.4

Key Financial Ratios Bangkok Commercial Asset Management Public Co., Ltd.

Unit Year ended December 31,
Financial Ratios
2018 2019 1 2020
Adjustment
Profitability ratios
Gross profit margin 2 % 81.84 82.55 80.78
Operating profit margin 3 % 53.37 50.71 17.61
Cash flow to income ratio 4 % 157.32 (19.27) 1.41
Net profit margin 5 % 53.35 87.27 14.79
Return on equity (ROE)* % 12.55 21.32 11.05

Efficiency ratios
Return on assets (ROA)* % 5.01 7.08 3.64
Total assets turnover times 0.09 0.11 0.10