BROOKER ANNUAL REPORT 2012

The Brooker Group Public Co Ltd Annual Report 2012
Audited
(Unit : Baht ‘000)
The Company Only
Consolidated
Item 2010 2011 2012 2010 2011 2012
Cash flows from operating activities
Net profit (loss) for the year 127,645 (4,221) 118,765 204,750 (32,657) 384,791
Adjustments to reconcile net profit to net cash
provided by (used in) operating activities
Depreciation 5,139 5,035 4,476 8,031 5,070 4,509
Allowance for impairment on other investment 25,326 - - 25,326 - -
Allowance for impairment on investment in subsidiaries (8,103) - - - - -
Allowance for doubtful account (reversal) 30,650 (14,633) 3,738 28,079 (4,768) 4,744
Unrealized loss (gain) in trading securities (5,700) 9,941 (29,025) (77,331) 81,518 (131,540)
Withholding tax written off 46 - - 147 - -
Loss from equipment written off 4 - - 7,677 - -
Loss (gain) from equipment disposals (603) - - (625) - -
Loss on sale of investment in subsidiaries 9,073 - 15,553 - - -
Dividend received from subsidiaries (203,550) (3,060) (83,398) - - -
Settlement of service revenue by ordinary shares -
Of other company - - (122,420) (103,500) - (139,579)
Employee benefits - 1,581 1,707 - 1,750 1,873
Financial costs - - - 336 174 164
Corporate income tax expense - - - 4,421 6,149 1,747
Operating Gain (loss) before changes in operating assets and
liabilities (20,073) (5,357) (90,604) 97,311 57,236 126,709
Operating assets decrease (increase)
Short –Term Investment (14,722) 55,982 65,476 (92,555) 38,887 70,648
Trade accounts receivable - other parties 3,414 (2,160) (19,671) 320 (3,978) (12,441)
Trade accounts receivable - related parties 1,433 (1,100) (1,253) (56,969) 71,253 (97,935)
Other Accounts receivable - other parties (1,594) 3,667 162 (794) 3,545 203
Other Accounts receivable - related parties 743 (4,367) (25,895) 236 - -
Other current assets (166) 1,052 (5,622) (1,799) 629 (10,868)
Other non-current assets 2,693 (3,588) 1,510 4,819 (1,675) 8,860
Operating liabilities increase (decrease)
Trade accounts payable – other parties - 1,254 1,470 (93) 146 1,470
Trade accounts payable – related parties (13,696) - 1,070 (427) 18 279
Other current liabilities 4,215 (7,781) 25,910 17,165 (26,210) 16,750
Non-current liabilities - - - - - -
Net cash received (paid) from operation (37,753) 37,602 (47,447) (32,786) 139,851 103,675
Payment of Interest expense - - - (336) (109) (164)
Payment of corporate income tax (663) (846) (5,517) (7,225) (8,851) (7,351)
Net cash provided by (used in) operating activities (38,416) 36,756 (52,964) (40,347) 130,891 96,160
Cash flows from investing activities
Investment in subsidiary, (increase)decrease (17,844) (12,057) (9,222) - - -
Sales of investment in subsidiary 281 5,311 755 - - -
Sales of property, plant and equipments 602 - - 1,003 - -
Purchase of property, plant and equipments (61) (227) (270) (68) (231) (277)
Loan to related company (156,311) 39,728 (16,537) (1,800) - -
Loan to other parties - (2,366) (2,636) - (2,366) (2,636)
Dividend received from subsidiaries 173,470 33,141 83,397 - - -
Other investments, (increase) decrease - - (8,928) - - (8,928)
Net cash provided by used in investing activities 137 63,530 46,559 (865) (2,597) (11,841)
Cash flow from financing activities
Proceeds from issuance of ordinary shares 14,880 4,520 - 14,880 4,520 -
Cash received from issuance of warrants - 18,720 - - 18,720 -
Cash received from minority interest from issuance
Of ordinary shares in subsidiary - - - 10,725 - 5,748
Dividend paid by the Company (14,491) (59,903) (44,927) (14,786) (59,903) (44,927)
Dividend paid by subsidiaries to non-controlling interests - - - - (41,619) (3,878)
Net cash provided by (used in) financing activities 389 (36,663) (44,927) 10,819 (78,282) (43,057)
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