| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
Net income | ||||||
27,048 | 9,184 | 19,843 | 12,945 | 13,044 | 29,934 | 49,674 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Loss on sale of available-for-sale securities | ||||||
- | - | - | -321 | - | - | - |
Interest income on held-to-maturity debt securities | ||||||
- | 228 | 1,415 | - | - | - | - |
Impairment loss of property, plant and equipment | ||||||
- | - | 1,081 | - | - | - | - |
(Gain)/loss on disposal of property, plant and equipment | ||||||
- | 539 | -37 | - | - | - | - |
Deferred income taxes | ||||||
- | 253 | -270 | - | - | - | - |
Gain on disposal of property, plant and equipment | ||||||
- | - | - | 90 | - | - | - |
Depreciation | ||||||
17,265 | 16,685 | 18,436 | 19,318 | 16,873 | 15,498 | - |
Amortization expense | ||||||
433 | 696 | 1,025 | 1,088 | 885 | - | - |
Amortized debt issuance costs associated to the bonds | ||||||
216 | 96 | 790 | 839 | 728 | - | - |
Changes in operating assets and liabilities: | ||||||
Depreciation | ||||||
- | - | - | - | - | - | 13,301 |
Amortization expense | ||||||
- | - | - | - | - | 791 | 789 |
Trade accounts receivable | ||||||
14,403 | -14,400 | -2,457 | 28,275 | 9,133 | 438 | 27,225 |
Inventories | ||||||
-25,778 | 23,610 | -8,918 | 23,459 | 35,251 | 8,284 | -1,704 |
Prepaid expenses and other current assets | ||||||
46,027 | -12,637 | 42,535 | -33,999 | 36,784 | -8,214 | 12,545 |
Trade accounts payable | ||||||
2,027 | 194 | 806 | -1,996 | 2,733 | -94 | -2,542 |
Accrued expenses and other payables | ||||||
798 | -4,706 | -1,341 | -2,641 | 5,351 | 1,246 | 2,328 |
Income tax payable | ||||||
8,336 | -2,008 | 3,075 | -476 | 403 | -4,425 | 2,343 |
Net cash provided by operating activities | ||||||
21,473 | - | - | - | - | 42,442 | 27,827 |
Net cash provided by operating activities | ||||||
- | 23,054 | 10,909 | 11,572 | -41,149 | - | - |
Cash flows from investing activities: | ||||||
Restricted bank deposits | ||||||
- | - | -9,604 | 3,322 | -5,405 | - | - |
Restricted bank deposits | ||||||
- | - | - | - | - | -11,932 | - |
Purchases of property, plant and equipment and construction in progress | ||||||
145 | 517 | 3,457 | 12,186 | 31,847 | 7,765 | 48,101 |
Purchases of available-for-sale securities | ||||||
- | - | - | - | 2,916 | - | - |
Purchases of held-to-maturity debt securities | ||||||
- | - | 15,202 | - | - | - | - |
Proceeds from disposal of property, plant and equipment | ||||||
- | 539 | 771 | 103 | - | - | - |
Net cash provided by/(used in) financing activities | ||||||
- | 20,126 | -54,176 | 51,773 | 54,922 | - | - |
Effect of foreign currency exchange translation | ||||||
- | 0 | -7 | -0 | 4 | - | - |
Net cash provided by/ (used in) investing activities | ||||||
-145 | - | - | - | - | -33,960 | -48,101 |
Proceeds from sale of available-for-sale securities | ||||||
- | - | - | 2,584 | - | - | - |
Payments of land use rights | ||||||
- | - | - | - | - | 14,262 | - |
Refund from excess payments of land use rights | ||||||
- | - | - | - | 912 | - | - |
Net cash provided by/ (used in) investing activities | ||||||
- | 21 | -8,283 | -12,821 | -28,444 | - | - |
Cash flows from financing activities: | ||||||
Proceeds from borrowings | ||||||
134,808 | 138,657 | 122,151 | 190,880 | 149,453 | - | - |
Repayments of borrowings | ||||||
166,412 | 128,859 | 148,607 | 139,107 | 174,055 | - | - |
Settlement of bonds | ||||||
- | 31,898 | 27,719 | - | - | - | - |
Proceeds from the issuance of bonds, net of debt issuance costs paid | ||||||
- | 42,226 | - | - | 79,525 | - | - |
Capital contribution | ||||||
- | - | - | - | - | 0 | - |
Proceeds from short-term borrowings | ||||||
- | - | - | - | - | 160,639 | - |
Repayments of short-term borrowings | ||||||
- | - | - | - | - | -107,580 | 1,698 |
Net cash provided by/(used in) financing activities | ||||||
-31,603 | - | - | - | - | 53,058 | 1,698 |
Effect of foreign currency exchange translation | ||||||
9 | - | - | - | - | -0 | -10 |
Net increase/ (decrease) in cash | ||||||
-10,265 | 43,202 | -51,558 | 50,524 | -14,666 | 61,541 | -18,586 |
Supplemental disclosure of cash flow information: | ||||||
Cash paid for income taxes | ||||||
679 | 4,816 | 3,809 | 4,791 | 4,050 | 14,403 | 14,351 |
Cash paid for interest | ||||||
9,916 | 11,039 | 10,114 | 16,814 | - | - | - |
Non-cash investing activities: | ||||||
Interest | ||||||
- | - | - | - | 8,420 | 6,804 | 5,414 |
Accrued fixed asset purchases | ||||||
296 | - | 326 | 775 | 1,836 | - | - |
Offsetting other payables to the debt securities issuer for the principal amounts of held-to-maturity debt securities to be received upon matured | ||||||
- | 14,231 | - | - | - | - | - |
Non-cash financing activities: | ||||||
Offsetting other receivables from the bonds holder upon the settlement of bonds | ||||||
- | 14,231 | - | - | - | - | - |
Accrued fixed asset purchases | ||||||
- | - | - | - | - | 1,081 | 5,973 |