2011 Annual Report - the solid group inc website
2011 Annual Report - the solid group inc website
2011 Annual Report - the solid group inc website
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The net cash flows attributable to <strong>the</strong> operating, investing, and financing activities of<br />
continuing and discontinued operations for <strong>the</strong> years ended December 31, <strong>2011</strong>, 2010 and<br />
2009 are shown below.<br />
<strong>2011</strong><br />
Continuing Discontinued Total<br />
Net Cash From Operating Activities P 354,066,628 P 4,355,587 P 358,422,215<br />
Net Cash From (Used in) Investing Activities ( 38,042,351 ) 284,513 ( 37,757,838)<br />
Net Cash Used in Financing Activities ( 211,230,466 ) ( 7,076,714) ( 218,307,180)<br />
Effect of Foreign Exchange Rate<br />
Changes on Cash and Cash Equivalents ( 1,723,719 ) 116 ( 1,723,603)<br />
Net <strong>inc</strong>rease (decrease) in Cash and<br />
Cash Equivalents 103,070,092 ( 2,436,498) 100,633,594<br />
Cash and cash equivalents at beginning of year 1,618,111,420 2,003,048 1,620,114,468<br />
Cash and cash equivalents at end of year P 1,721,181,512 (P 433,450) P 1,720,748,062<br />
2010<br />
Continuing Discontinued Total<br />
Net Cash From (Used in) Operating Activities ( P 64,190,106 ) P 21,911,041 (P 42,279,065)<br />
Net Cash From (Used in) Investing Activities ( 26,686,111 ) 3,033,588 ( 23,652,523)<br />
Net Cash From (Used in) Financing Activities 444,169,750 ( 20,146,036) 424,023,714<br />
Effect of Foreign Exchange Rate<br />
Changes on Cash and Cash Equivalents ( 1,119,803 ) - ( 1,119,803)<br />
Net <strong>inc</strong>rease in Cash and Cash equivalents 352,173,730 4,798,593 356,972,323<br />
Cash and cash equivalents at beginning of year 1,248,783,034 14,359,111 1,263,142,145<br />
Cash and cash equivalents at end of year P 1,600,956,764 P 19,157,704 P 1,620,114,468<br />
2009<br />
Continuing Discontinued Total<br />
Net Cash From Operating Activities P 70,577,320 P 27,895,020 P 98,472,340<br />
Net Cash From (Used in) Investing Activities ( 21,143,514 ) 350,124 ( 20,793,390)<br />
Net Cash From (Used in) Financing Activities 113,798,516 ( 36,956,056) 76,842,460<br />
Effect of Foreign Exchange Rate<br />
Changes on Cash and Cash Equivalents ( 10,044,847 ) 202,606 ( 9,842,241)<br />
Net <strong>inc</strong>rease (decrease) in Cash and<br />
Cash equivalents 153,187,475 ( 8,508,306) 144,679,169<br />
Cash and cash equivalents at beginning of year 1,074,392,727 44,070,249 1,118,462,976<br />
Cash and cash equivalents at end of year P 1,227,580,202 P 35,561,943 P 1,263,142,145