Consolidated cash flow statement (indirect method) for year ended 2007 (ITAGROUP)

ItaExpress

02/29/2008 10:11 am

Article index

Consolidated cash flow statement (indirect method) for year ended 2007 (ITAGROUP)
Consodilated cash flow statement (ITACO)
Consolidated cash flow statement (ITA POWER)
Consodilated cash flow statement (ITA WAYS)
Consodilated cash flow statement (TAN DUC)
Consolidated cash flow statement (VT TAN TAO)
Consolidated cash flow statement (TASERCO)
Consolidated cash flow statement (ITATRANS)

Consolidated Financial Statements for the fiscal year ended 31 December 2007 (ITAGROUP)

TAN TAO INVESTMENT - INDUSTRY CORPORATION - TAN TAO GROUP
Address: Tan Tao Industrial Park, Binh Tan District, Ho Chi Minh City
CONSOLIDATED FINANCIAL STATEMENTS
For the fiscal year ended 31 December 2007
CONSOLIDATED CASH FLOW STATEMENT
( Indirect Method)
Year ended 2007

ITAGROUP

VND

	ITEMS	Code	Note	Current year	Previous year
I.	Cash flows from operating activities
1.	*Profit before tax*	01		*488,481,835,506*	*222,241,672,645*
2.	*Adjustments*
-	Depreciation of fixed assets	02	VII.1	3,630,656,195	3,425,598,122
-	Provisions	03		0
-	Gain/ (loss) from foreign exchange differences	04		13,446,226	1,071,532,129
-	Gain/ (loss) from investing activities	05	VII.2	(50,959,157,465)	(6,154,381,175)
-	Loan interest expenses	06	VI.4	29,438,193,802	33,419,444,430
3.	*Operating profit before* *changes*
	*of working capital*	08		*470,604,974,264*	*254,003,866,151*
-	Increase/ (decrease) of accounts receivable	09		(148,086,779,271)	(145,801,491,660)
-	Increase/ (decrease) of inventories	10		107,219,473	(674,476,650)
-	Increase/ (decrease) of accounts payable	11		183,665,151,858	146,325,034,747
-	Increase/ (decrease) of prepaid expenses	12		(402,710,312)	213,883,227
-	Loan interests already paid	13	VI.4	(28,216,913,249)	(33,419,444,430)
-	Corporate income tax already paid	14	V.16	(65,142,432,390)	(28,919,398,192)
-	Other gains	15		42,817,745,341	1,140,905,910
-	Other disbursements	16		(25,846,406,766)	(1,627,934,764)
	Net cash flows from operating activities	20		429,499,848,948	191,240,944,339
II.	Cash flows from investing activities
1.	Purchases and construction of fixed assets
	and other long-term assets	21	V.6	(698,286,417,274)	(33,760,918,404)
2.	Gains from disposals and liquidation of fixed assets
	and other long-term assets	22	VI.1	15,442,561,397
3.	Loans given and purchases of debt instruments
	of other entities	23		(434,359,350,000)
4.	Recovery of loans given and disposals of debt
	instruments of other entities	24		0
5.	Investments into other entities	25	VII.3	(1,695,941,458,911)	(77,136,000,000)
6.	Withdrawals of investments in other entities	26		0	17,636,000,000
7.	Receipts of loan interests, dividends and profit shared	27	VI.3	23,073,907,847	6,154,381,175

	Net cash flows from investing activities	30		(2,790,070,756,941)	(87,106,537,229)

III.	Cash flows from financing activities
1.	Gains from stock issuance and capital contributions
	from shareholders	31	V.21.1	2,913,791,053,071	76,553,986,320
2.	Repayment for capital contributions and re-purchases			0
	of stocks already issued	32	V.21.1	(18,000,000)
3.	Short-term and long-term loans received	33		1,442,823,482,561	19,644,428,000
4.	Loan principal amounts repaid	34	V.13	(1,396,862,738,019)	(123,033,850,848)
5.	Payments for financial leasehold assets	35		(4,583,905,999)
6.	Dividends and profit already paid to the owners	36		(92,470,590)	(50,000,000,000)
	Net cash flows from financing activities	40		2,955,057,421,024	(76,835,436,528)
	Net cash flows during the year	50		594,486,513,031	27,298,970,582
	Beginning cash and cash equivalents	60	V.1	58,404,044,645	29,732,592,959
	Effects of fluctuations in foreign exchange rates	61
	Ending cash and cash equivalents	70	V.1	652,890,557,676	57,031,563,541

Ho Chi Minh City, 6th February 2008

TRAN DINH HUNG
Preparer

NGUYEN THI SUONG
Chief Accountant

THAI VAN MEN
General Director