SEC Form 20-IS - 7-Eleven
SEC Form 20-IS - 7-Eleven
SEC Form 20-IS - 7-Eleven
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PHILIPPINE SEVEN CORPORATION AND SUBSIDIARIES<br />
CONSOLIDATED STATEMENTS OF CASH FLOWS<br />
Years Ended December 31<br />
<strong>20</strong>08 <strong>20</strong>07 <strong>20</strong>06<br />
CASH FLOWS FROM<br />
OPERATING<br />
ACTIVITIES<br />
Income before income tax<br />
Adjustments for:<br />
P=144,727,419 P=96,257,442 P=47,170,908<br />
Depreciation and amortization<br />
(Notes 8 and 19)<br />
179,639,006 159,634,386 154,046,259<br />
Interest expense (Notes 11, 14, 15<br />
and 21) 25,332,855 31,527,417 35,913,785<br />
Provision for impairment of<br />
receivables<br />
(Notes 5 and 19)<br />
Loss on:<br />
7,069,507 346,678 2,903,498<br />
Impairment of goodwill (Note 10)<br />
Sale of property and equipment<br />
Interest income (Notes 9, 22 and 26)<br />
Amortization of:<br />
4,611,368 – –<br />
890,771 215,566 5,165,280<br />
(4,186,908) (3,401,675) (2,760,331)<br />
Deferred lease (Notes 10 and 26)<br />
Deferred revenue on finance lease<br />
(Note 16)<br />
Software and other program costs<br />
(Notes 10 and 19)<br />
Operating income before working<br />
capital changes<br />
1,902,361 1,719,810 1,660,064<br />
(1,310,151) (764,254) –<br />
2,105,126<br />
1,050,536 1,757,238<br />
360,781,354 286,585,906 245,856,701
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