|
CONSOLIDATED STATEMENTS OF CASH FLOWS |
As of
September 30,
2005
Th US$
|
As of
September 30,
2004
Th US$
|
|
Cash Flows From Operating Activities
|
|
Net income for the year
|
113.506
|
74.232
|
|
|
|
Charges (Credits) To Income Not Representing Cash Flows
|
|
Depreciation expense
|
70.054
|
62.647
|
|
Amortization of intagible assets
|
498
|
173
|
|
Write-offd and accurals
|
17.034
|
23.584
|
|
Gain on equity investments in related companies
|
-3.073
|
-4.929
|
|
Loss on equity investments in related compañies
|
477
|
387
|
|
Amortization of goodwill
|
2.070
|
1.073
|
|
Amortization of negative goodwill
|
-203
|
-203
|
|
(profit) loss on sales of assets
|
216
|
283
|
|
Gain on sales of investments
|
0
|
-8.820
|
|
Other credits to income not representing cash flows
|
-10.109
|
-1.919
|
|
Other charges to income not representing cash flows
|
87.690
|
59.181
|
|
Foreign exchange difference , net
|
3.803
|
461
|
|
|
|
Net Changes In Operating Assets And Liabilities
|
|
Increase in trade accounst receivable
|
-15.838
|
-9.447
|
|
Increase in inventories
|
-58.807
|
-40.665
|
|
(increase) Decrease in others assets
|
-10.783
|
-770
|
|
Decrease in accounts payable
|
-6.520
|
-6.829
|
|
Increase (decrease) in interest payable
|
349
|
-38
|
|
Increase (decrease) in net income taxes payable
|
-25.620
|
1.284
|
|
Decrease in others accounts payable
|
-10.517
|
-2.935
|
|
Increase (decrease) in VAT and taxes payable
|
-3.282
|
137
|
|
Minority interest
|
1.039
|
5.139
|
|
|
|
NET CASH PROVIDED FROM OPERATING ACTIVITIES
|
151.984
|
152.026
|
|
|
|
Cash Flows From Financing Activities
|
|
Proceeds from short term bank financing
|
185.000
|
83.307
|
|
Loans to related companies
|
0
|
0
|
|
Payment of dividends
|
-51.732
|
-25.706
|
|
Repayment of bank financing
|
-6.000
|
-192.696
|
|
|
|
NET CASH USED IN FINANCING ACTIVITIES
|
127.268
|
-135.095
|
|
|
|
Cash Flows From Investing Activities
|
|
Sales of property, plant and equipement
|
2.546
|
741
|
|
Sales of investments in related companies
|
0
|
69.337
|
|
Sales of investments in related companies
|
0
|
210
|
|
Other investing income
|
1.345
|
877
|
|
Additions to property, plant and equipement
|
-185.603
|
-51.758
|
|
Capitalized interest
|
-5.140
|
-1.708
|
|
Purchase of investments in related companies
|
-12.026
|
-37.079
|
|
Purchase of investments in related companies
|
-2
|
-13
|
|
Other Disbursements
|
-666
|
0
|
|
|
|
NET CASH USED IN INVESTING ACTIVITIES
|
-199.546
|
-19.393
|
|
|
|
Effect of inflation on cash and cash equivalents
|
1.479
|
-58
|
|
Net change in cash and cash equivalents
|
81.203
|
-2.520
|
|
Beginning balance of cash and cash equivalents
|
66.753
|
69.273
|
|
ENDING BALANCE OF CASH AND CASH EQUIVALENTS
|
147.956
|
66.753
|