Panjawattana Plastic Public Company Limited

- 10 -PANJAWATTANA PLASTIC PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIESSTATEMENTS OF CASH FLOWS (CONT.)FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011BahtConsolidated financial statementsSeparate financial statements2012 2011 2012 2011Increase (decrease) in operating liabilitiesTrade accounts payable- Related companies (131,750.38) (99,485.72) (14,427,651.07) 28,390,643.92- Other companies (29,608,837.12) 96,335,636.92 (31,713,365.87) 71,266,209.38Other account payable-related companies - - (304,751.00) (362,052.78)Accrued expense 9,651,852.79 10,333,531.38 8,831,560.60 8,067,622.24Deposit received to mold (3,541,100.00) 8,133,768.35 (3,541,100.00) 8,133,768.35Other current liabilities 3,187,034.23 (4,382,453.39) 1,191,812.28 (370,910.14)Other liabilities - (511,421.75) - (512,598.09)Cash provided by (used in) operating activities 269,733,397.30 228,661,829.47 237,057,893.59 248,547,587.77Cash received from interest income - - - 27,261.84Payment of employee benefit liabilities - (128,019.00) - (128,019.00)Payment of transferring on employee benefitliabilities to a subsidiary company - - - (1,113,144.50)Payment of corporate income tax and withholding income tax (35,298,985.01) (48,701,814.79) (34,915,402.67) (47,467,344.63)Net cash provided by operating activities 234,434,412.29 179,831,995.68 202,142,490.92 199,866,341.48Cash flows from investing activities :Cash paid for investment in subsidiaries - - - (97,286,807.20)Cash paid dividend to non-controlling interest - (6,050,000.00) - -Cash received from non-controlling interest on paid-up share capital - 750,000.00 - -Cash received from dividend from non-controling interest - 19,828.00 - -Cash paid for non-controlling interests - (3,492,200.00) - -Cash received from sales of fixed assets 4,376,542.09 9,346,447.63 7,811,772.21 17,015,270.79Cash paid for purchase of fixed assets (259,972,936.42) (228,213,736.23) (229,821,812.66) (198,487,692.01)Cash paid for differences on the fixed assets acquired undercommon control company - - - (72,907.47)Cash paid for deposit from purchase of fixed assets (9,891,989.10) (22,387,707.68) (3,202,795.10) (8,483,831.26)Cash paid for purchare of computer software (2,774,703.51) (2,762,144.94) (2,774,703.51) (2,407,130.00)Net cash used in investing activities (268,263,086.94) (252,789,513.22) (227,987,539.06) (289,723,097.15)Notes to financial statements form an integral part of these statements.83