Page 123 - BAM ONE REPORT 2564 (ENGLISH VERSION)

Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 121

Statement of Cash Flows

Year ended December 31,

Statement of Cash Flows 2019 2020 2021
Amount Amount Amount
Baht Baht Baht
(in Million) (in Million) (in Million)
Cash flow from operating activities
Profit from operating before income tax expenses 6,212.1 2,195.8 3,255.8
Adjustments to reconcile profit from operating before income tax
expenses to cash received (paid) from operating activities
Depreciation and amortization 138.2 144.4 141.6
Decrease in advance expenses 95.2 126.8 129.0
(Increase) Decrease in accrued income (11.5) 1.2 1.3
Decrease in deferred income (3.7) (4.0) (3.9)
Increase in accrued expenses 183.8 (458.8) 108.5
Damage from litigation - 0.5 0.8
Allowance for long-term employee benefits 331.5 73.4 70.7
Gain on fixed asset sales (2.7) (3.4) (16.6)
Gain on repression of property under instalment sales (7.4) - -
Increase in expected credit losses - 5,199.1 4,765.0
Increase (Decrease) in doubtful accounts 134.6 - -
Increase (Decrease) in doubtful accounts - installment sales receivables (0.5) - -
Impairment loss on properties for sale (reversal) (24.7) (10.4) 21.4
(Gain) Loss on investment in securities (4.0) - -
Reversal of provision for reinstatement cost - - (0.1)
7,040.9 7,264.6 8,473.7
Net interest income (7,007.4) (7,555.3) (7,010.4)
Net dividend income (38.2) (25.9) (14.3)
Cash received from interest income 4,076.4 3,459.2 3,849.0
Cash received from dividend income 38.2 37.9 25.8
Cash received from accrued income from auction sale 7,213.4 - -
Cash paid on properties transferred from financial institutions (8,210.4) - -
Cash paid on interest (1,873.5) (2,376.8) (2,523.7)
Cash paid on income tax expenses (14.4) (743.7) (430.5)
Loss from operation before changes in operating assets and liabilities 1,255.0 60.0 2,369.5