Page 241 - PWA_2023_Annual_Report

Provincial Waterworks Authority Annual Report 2023 239

Provincial Waterworks Authority
Statement of Cash Flow

For the year ended 30 September 2023

Unit : Baht

Separate financial statements

2023 2022

Cash flow from operating activities (cont.)
Provision on private joint venture agreements (1,664,951,643) 2,041,609,781
Provision on building and construction demolishment 1,138,289 905,517
Interest income (149,647,318) (73,854,213)
Financial costs 1,416,173,373 1,468,646,572
Operating profit before changes in operating assets and liabilities 9,930,050,413 10,018,289,053
Operating assets (increase) decrease
Cash at bank with limitations (25,952,341) 23,496,839
Trade and other current receivables 412,397,490 118,338,936
Supplies (39,982,764) (38,022,860)
Piping and installation works in process (1,920,060,992) (1,643,920,090)
Other current assets 22,880,747 93,568,863
Other non-current assets 78,093 (385,050)
Operating liabilities increase (decrease)
Trade and other current payables (982,901,115) (1,731,688,592)
Accrued expenses 112,877,441 83,055,323
Accrued bonuses to directors and employees (293,868,948) (282,365,737)
Unearned pipeline and installation income 52,231,984 48,190,272
Deferred water distribution area expansion revenue 2,239,653,154 1,929,923,375
Cash paid for employee benefits (173,546,081) (132,946,454)
Long-term marginal deposits 7,955,158 6,515,820
Other current liabilities (503,476,672) 51,318,135
Net cash flow from operating activities 8,838,335,567 8,543,367,833

Cash flow from investing activities
Interest received 98,879,435 73,170,043
Increase in other current financial assets (4,441,995,949) (3,001,676,164)
Dividend received 106,063,516 253,030,684
Increase in advance payments for construction (33,004,240) (286,542,016)
Increase in purchase of fixed assets (240,078,275) (173,778,108)
Increase in assets under construction (6,166,295,329) (8,129,746,443)
Increase in intangible assets (2,548,000) (23,017,125)
Received from the accounts receivable under financial lease 3,293,589 3,018,007
Cash received from disposal of assets 3,885,317 5,642,867
Net cash flow from investing activities (10,671,799,936) (11,279,898,255)

The accompanying notes are an integral part of these financial statements.