Acorn international, inc. (ATV)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net income (loss)

12,379

3,408

-40,249

-44,326

-39,908

-17,918

5,039

-6,389

12,067

Adjustments to reconcile net loss to net cash used in operating activities:
Gain on disposition of discontinued operations, net of taxes

-

-

-

-

-

-

-

-

14,386

Gain on deconsolidation of Shanghai An-Nai-Chi

-

-

-

-

-

-

-

1,038

-

Loss on deregistration of Zhuhai Sunrana

-

-

-

-

-

-

-

63

-

Extraordinary gain on reversal of business combination liability upon contingency resolved, net of tax

-

-

-

-

-

-

-

827

-

Goodwill and intangible assets impairment loss

-

-

-

-

-

-

-

-

15,247

Share-based compensation

25

658

71

428

446

424

129

215

1,845

Equity in losses of affiliates

0

-868

-226

-235

-205

0

-771

-796

-416

Bad debt expense (recoveries)

149

-187

3,856

-

-

-

-

-

-

Capital gain upon dilution on CBG shares

-

-

-

-

85

0

-

-

-

Gains from sale of investment in affiliate

-

-

-

-

-

-

5,421

404

-

Gains from sale of long-term investment

-

-

-

-

-

-

546

-

-

Gains from sale of Acorn Hong Kong

-

-

-

-

-

-

55

-

-

Losses on change in fair value of derivative assets

-

-

-

-

-

-

-306

199

-1,306

Providing(reversal) of allowance for doubtful accounts

-

-

-

381

615

50

-3,581

859

3,024

Inventory write-downs (reversals)

-117

470

3,954

936

3,856

270

445

-

-

Depreciation and amortization

1,307

2,104

3,077

4,053

4,548

4,510

5,149

4,154

5,561

Loss(gain) from disposal of equipment and other long-term assets

-151

-672

787

-1,085

-78

-79

-154

-54

-64

Deferred income taxes

-7,842

423

-179

-109

-555

3,182

-932

1,873

4,625

Accrued interests on long-term debt

0

0

14

-

-

-

-

-

-

Gains on trading securities

-

-

-

-

222

601

417

1,781

1,577

Accrued interests on convertible loan receivable

183

184

232

-

-

-

-

382

735

Gains on disposal of available-for-sale securities

11,845

18,088

0

0

-

-

-

-

-

Gains on disposal of held-for-sales assets

0

5,838

0

0

-

-

-

-

-

Changes in operating assets and liabilities:
Purchase of trading securities

-

-

-

-

-

-

9,795

10,652

45,906

Proceeds from sales of trading securities

-

-

-

-

10,647

349

11,002

20,920

36,112

Accounts receivable

447

-652

-2,913

610

-8,801

-2,443

4,878

-2,336

-11,785

Notes receivable

0

-276

153

122

-127

127

-1,645

-597

2,092

Inventory

-2,578

311

-4,691

-2,929

-2,116

-9,997

10,662

-3,158

-3,118

Prepaid advertising expenses

-10

-460

-4,579

2,947

-5,347

-3,092

3,221

-1,535

-6,449

Other prepaid expenses and current assets

1,236

-3,257

-2,532

1,425

-4,961

2,043

526

2,011

-18,469

Purchase of prepaid land use right

-

-

-

-

-

-

491

-

7,489

Accounts payable

-513

-447

-7,343

-2,963

2,231

-9,886

8,169

-1,945

-6,178

Accrued expenses and other current liabilities

-488

-4,382

-343

-1,468

564

-5,338

7,648

-2,702

-3,442

Notes payable

-

-

-

-1,148

448

-3,711

2,199

-1,040

-404

Income taxes payable

-3,312

1,574

289

493

859

-3,154

-74

256

-806

Deferred revenue

131

-167

-118

-120

116

903

-

-

6,029

Net cash used in operating activities

-5,778

-7,871

-11,456

-45,632

2,467

-17,578

10,871

1,981

27,804

Investing activities:
Purchase of available-for-sale securities

-

-

-

-

-

-

-

-

1,355

Redemption of available-for-sale securities by the issuer

-

-

-

-

-

-

-

-

10,000

Purchase of property and equipment

346

483

21

1,360

3,421

2,530

12,490

6,301

3,079

Proceeds from disposal of equipment

11

80

3,922

2

7

14

128

33

24

Proceeds from disposal of held-for-sale assets

0

11,291

0

0

-

-

-

-

-

Investment in an affiliate

0

150

0

0

-

-

-

-

-

Disbursement for loan receivable

0

0

3,024

0

0

-

-

-

-

Disbursement for loan to related party

3,628

0

0

-

-

-

-

-

-

Purchase of other long-term assets

-7

358

477

620

560

390

715

2,568

891

Purchase of acquired intangible assets

-

-

-

-

-

-

-

-

514

Proceeds from disposal of available-for-sale securities

11,845

18,258

0

0

-

-

-

-

-

Proceeds from disposal of other long-term assets

-

-

-

-

-

-

416

200

-

Disposal of Shanghai Yimeng, net of cash disposed

-

-

-

-

-

-

-

-

23,571

Cash disposed of upon deconsolidation of Shanghai An-Nai-Chi

-

-

-

-

-

-

-

905

-

Investments in an affiliate

-

-

-

-

-

1,300

-

-

3,939

Sale of investments in affiliates

-

-

-

-

-

-

6,106

1,882

-

Sale of long-term investment

-

-

-

-

-

-

8,572

-

-

Disposal of Acorn Hong Kong

-

-

-

-

-

-

-653

-

-

Change in restricted cash

-5

-54

-9,633

-265

9,900

-1,310

-669

-168

969

Net cash provided by investing activities

7,895

28,691

10,032

-1,714

-13,874

-2,896

2,033

-7,489

-24,296

Financing activities:
Increase in long-term debt

-

-

-

-

8,450

0

-

-

-

Repurchase of ordinary shares

4,694

1,530

375

0

8,645

0

-

-

2,288

Repayment of long-term debt

0

0

8,520

0

0

-

-

-

-

Capital contribution from noncontrolling interests

-

-

-

-

-

-

-

-

758

Dividends paid

-

-

-

-

-

0

14

49,841

-

Proceeds from exercise of stock options

-

-

-

-

-

-

879

597

2

Yiyang Yukang first earn-out payment

-

-

-

-

-

-

-

-

6,700

Net cash used in financing activities

-4,694

-1,530

-8,895

0

-195

-0

864

-49,243

-8,227

Effect of exchange rate changes on cash and cash equivalents

1,239

498

-709

-518

3,179

269

5,742

3,465

23

Cash flows from discontinue operations:
Operating activities

-3,148

-6,427

-10,876

-

-

-

-

-

-

Investing activities

0

0

-634

-

-

-

-

-

-

Financing activities

0

0

0

-

-

-

-

-

-

Net cash flows from discontinue operations

-3,148

-6,427

-11,510

-

-

-

-

-

-

Net increase (decreased) in cash and cash equivalents

-4,485

13,358

-22,539

-47,865

-8,422

-20,204

19,512

-51,285

-4,695

Supplemental disclosure of cash flow information:
Income taxes paid

3,512

2,236

129

873

456

1,734

3,302

842

2,567

Interest paid

0

0

70

185

100

0

-

-

-

Supplemental disclosure of non-cash investing and financial activities:
Receivable for the sale of property and equipment

0

0

1,301

0

0

-

-

-

-

Business combination liability reversal upon resolution of contingency, net of tax

-

-

-

-

-

-

-

827

-

Issuance of ordinary shares as purchase price in Yiyang Yukang acquisition

-

-

-

-

-

-

-

-

3,304

Reversal of business combination liability in Yiyang Yukang acquisition

-

-

-

-

-

-

-

-

10,004

Cash consideration

-

-

-

-

-

-

-

-

6,700

Fair value of ordinary shares issued

-

-

-

-

-

-

-

-

3,304

Direct expenses related to the acquisition

-

-

-

-

-

-

-

-

0

Business combination liability

-

-

-

-

-

-

-

-

10,004

Assets acquired (including intangible asset of $17,632,341)

-

-

-

-

-

-

-

-

0

Purchase consideration settled in cash

-

-

-

-

-

-

-

-

6,700

Add: cash and cash equivalents acquired

-

-

-

-

-

-

-

-

0

Cash outflow on the acquisition

-

-

-

-

-

-

-

-

-6,700

Total cash received

-

-

-

-

-

-

-

-

10,477

Less: cash and cash equivalents disposed

-

-

-

-

-

-

-

-

34,048

Cash outflow on the disposition

-

-

-

-

-

-

-

-

-23,571