HOA BINH CONSTRUCTION GROUP

CASH FLOWS STATEMENT

for the year ended December 31, 2021

CODE INTERPRETATION CURRENT YEAR PREVIOUS YEAR

I. CASH FLOWS FROM OPERATING ACTIVITIES
01 Net profit before tax 148.564.294.812 114.362.230.634
Adjustments for:
02 Depreciation and amortisation 233.111.059.750 246.319.829.234
03 Provision for decline in value of investments (38.447.738.482) (6.463.172.644)
04 Unrealised foreign exchange losses (47.701.783) 192.337.213
05 Gain from disposal of equity investments in other entities (128.219.069.618) (66.580.536.301)
06 Interest expenses 29 299.034.576.902 317.101.450.212
08 Operating income before changes in working capital 513.995.421.581 604.932.138.348
09 Decrease/(increase) in receivables (753.145.816.949) 1.143.364.288.143
10 Decrease/(increase) in inventories (85.511.437.212) (34.437.366.248)
11 Increase in payables 1.218.177.884.798 (1.754.212.995.500)
12 Decrease in prepaid expenses 1.553.311.031 138.291.989.730
14 Interest paid (293.951.462.677) (320.654.847.654)
15 Enterprise income tax paid 20 (25.766.474.351) (59.651.052.148)
17 Other cash inflows/(outflows) from operating activities (11.833.652.347) (8.419.516.832)
20 Cash flows from operating activities 563.517.773.874 (290.787.362.161)
II. CASH FLOWS FROM INVESTING ACTIVITIES
21 Purchase and construction of fixed assets and other long- (64.073.158.361) (100.627.090.297)
term assets
22 Proceeds from disposals of assets 97.837.175.327 45.849.329.794
23 Loans provided to related parties and other (92.736.399.147) (14.030.000.000)
24 Collection of loans provided to related parties and other 5.876.296.118 13.237.515.229
25 Payments for equity investments in other entities (2.000.000.000) (42.339.397.495)
26 Proceed from collection investment in other entity (1.563.124.434)
27 Interest and dividend received 3.605.359.386 4.339.308.985
30 Cash flows from investing activities (53.053.851.111) (93.570.333.784)
 III. CASH FLOWS FROM FINANCING ACTIVITIES
33 Proceeds from bond issuance and borrowings 23 9.809.740.816.695 10.723.238.090.934
34 Payments of loan 23 (9.829.681.672.382) (10.600.582.703.374)
36 Dividend paid to owner (199.886.346) (68.893.870.921)
40 Cash flows from financing activities (20.140.742.033) 54.261.516.639
50 Net cash increase/(decrease) 490.323.180.730 (330.096.179.306)
60 Cash and cash equivalents at the beginning of the year 244.043.296.394 574.331.812.913
61 Impact of exchange rate fluctuation (654.306) (192.337.213)
70 Cash and cash equivalents at the end of the year 5 734.365.822.318 244.043.296.394