Page 113 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

Tycoons Worldwide Group (Thailand) Public Company Limited and its subsidiary
Cash flow statement (continued)
For the year ended 31 December 2022
(Unit: Baht)
Consolidated financial statement Separate financial statements
2022 2021 2022 2021
Cash flows from investing activities

Restricted bank deposits decrease 25,000,000 - 25,000,000 -
Cash paid for investment of equity instrument (154,176,000) - (154,176,000) -
Acquisition of land, building and equipment (64,014,363) (74,614,240) (64,014,363) (74,614,240)
Acquisition of investment properties - (170,000,000) - -

Cash received from sales of equipment 60,000 919,626 60,000 919,626

Cash received from business acquisition - 106,782 - -
Cash paid for investment in subsidiary company - - - (124,146,000)

Cash paid for investment in associated company (167,901,150) - (167,901,150) -
Cash paid for share subscription - (192,700,000) - (192,700,000)

Cash paid for deposits for equipment (14,292,617) (8,636,992) (14,292,617) (8,636,992)

Cash receipt from Interest income 644,715 583,899 633,165 583,899

Net cash flows used in investing activities (374,679,415) (444,340,925) (374,690,965) (398,593,707)
Cash flows from financing activities
Payment of interest expenses (66,475,902) (34,834,039) (66,475,902) (34,834,039)

Increase (decrease) of short-term loans

from financial institutions (494,070,915) 855,005,171 (494,070,915) 855,005,171
Repayment of short-term loan from related person - (29,220,000) - -

Repayment of long-term loans - (41,767,606) - (41,767,606)
Cash receipt from share capital increased
from non-controlling interests of the subsidiary - 85,809,000 - -

Net cash flows from (used in) financing activities (560,546,817) 834,992,526 (560,546,817) 778,403,526
Net increase (decrease) in cash and cash equivalents (56,489,959) 303,578,837 (55,960,960) 293,029,402
Cash and cash equivalents at beginning of year 464,530,764 160,951,927 453,981,329 160,951,927
Cash and cash equivalents at end of year 408,040,805 464,530,764 398,020,369 453,981,329
- - - -
Supplementary cash flow information
Non-cash transaction
Purchase equipment but has not yet paid 81,000 68,000 81,000 68,000
Transfer from advance payment for share subscription
to other non-current financial assets 192,700,000 - 192,700,000 -

The accompanying notes are an integral part of the financial statements.

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