Page 108 - Anual report STi 2022_eng

(3) Cash Flow Statement

Cash Flow Statement of the Company Group for the Year Ended December 31, 2020 - 2022

Cash Flow Statement Consolidated Financial Statements for the Year Ended
(Unit : Million Baht) 31 Dec. 2020 31 Dec. 2021 31 Dec. 2022

Cash Flows From Operating Activities

Profit Before Tax 225.12 210.80 212.69

Adjustments to Reconcile Profit Before Tax to Cash Received (Paid) From
Operating Activities
Depreciation and Amortization 47.75 66.93 66.70

Allowance for Expected Credit Losses (Reversal) 3.33 6.52 5.38

Provision for Long-Term Employee Benefits 13.52 16.32 16.22
Unrealized Loss (Gain) on Changes in the Value of Other Current 1.28 0.03 (0.16)

Financial Assets
Gain on Sale of Other Current Assets (1.68) (0.19) (0.06)

Loss (Gain) on Disposal and Written-Off of Equipments (1.29) 0.04 (1.20)
Gain on Lease Agreement Termination - - (0.35)

Interest Income (1.08) (0.13) (0.10)
Interest Expenses 8.36 11.15 12.93

Profit from Operating Activities before Changes in Operating Assets and Liabilities 295.31 311.47 312.05
Operating Assets (Increase) Decrease

Trade and Other Receivables 5.40 3.03 (53.84)

Unbilled Receivables (319.84) (210.41) (139.99)
Other Current Assets 4.51 11.01 7.76
Retention receivables 3.46 (15.47) 21.24

Other Non-Current Assets 0.55 (2.78) 0.35

Operating Liabilities Increase (Decrease)
Trade and Other Payables (16.37) 34.12 49.83

Service Income Received in Advance and Advances Received from Customers 12.49 (32.99) (30.89)
Other Current Liabilities (7.25) (4.86) 6.65

Cash Paid for Long-term Employee Benefits (7.56) (4.98) (5.63)
Cash Flows from Operating Activities (29.30) 88.14 167.53

Interest Received 0.52 0.20 0.10
Cash Received for Refund of Withholding Tax - 2.28 14.70

Cash Paid for Income Tax (40.19) (49.08) (49.98)
Net Cash Flows from Operating Activities (68.97) 41.54 132.35

106 Annual Report 2022 (56-1 One Report)