China auto logistics inc (CALI)
CashFlow / TTM
Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities
Net (loss) income

-

-

-

-

-

-

-

-

-

-

-28,203

-26,883

-6,814

-4,491

-1,838

516

177

1,147

2,000

2,580

5,967

6,956

7,616

8,132

0

0

0

Net (loss) income

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Add: loss from discontinued operations

-

6

-1,031

-1,904

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities
Reserve (recovery) on reserve for uncollectible receivable related to financing services

455

-63

-63

158

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation on property, plant and equipment

89

89

93

80

175

163

-414

165

691

1,322

2,541

2,623

2,211

1,596

958

314

302

313

319

341

239

320

408

491

0

0

0

Amortization on customer relations

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization on intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Gain on disposal of property and equipment

1

-0

-0

5

5

5

-2

-8

-8

-8

-0

11

5

6

5

-5

-87

-99

-126

-172

-84

-79

-52

-7

0

0

0

Equity loss - share of investee company loss

-

-

-

-

-

-

-

-

-

-

659

660

725

565

371

76

0

0

0

-

-

-

-

-

-

-

-

Bad debt

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Recovery) allowance for uncollectible advances to suppliers

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in inventory reserve

-

-

-

-

-

-

-

-

-

-

-

617

361

357

48

190

0

0

0

-

-

-

-

-

-

-

-

Amortization of discount

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-48

0

0

0

-

-

-

-

-

-

-

-

-10

0

0

0

Change of deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Change of deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-2,065

-1,936

-298

-222

-133

-32

-0

-15

-45

-45

-82

-83

-68

-84

0

0

0

Deferred rent

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Restricted cash

-15,923

-8,407

5,740

33,595

19,007

33,306

22,436

12,828

28,928

15,873

1,353

-14,356

-12,898

-21,635

4,603

13,792

10,599

26,717

8,876

8,207

5,737

-14,206

1,707

11,728

0

0

0

Accounts receivable

0

0

0

-

-

0

0

-

0

0

0

-

0

0

0

-

87

-41

3,261

-107

-97

-74

-12

-43

0

0

0

Accounts receivable - trade, Car King Tianjin

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Receivable related to auto mall management fees

-

-

-

-

-

-

-

-

-

-

-

-254

-761

-507

3

-252

0

0

0

-

-

-

-

-

-

-

-

Receivables related to financing services

6,017

-3,841

-18,284

-29,317

-30,428

-40,081

-17,308

-11,541

-30,129

10,858

-16,024

33,484

51,174

39,211

32,253

9,955

5,851

-9,297

-27,789

-32,524

25,070

38,936

60,007

48,199

0

0

0

Notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,615

-17,958

-9,571

-8,725

-3,172

17,894

9,508

11,886

4,740

0

0

0

Inventories

-6,492

-6,756

-9,448

2,009

7,004

6,453

11,412

282

-140

2,936

-1,989

1,385

-6,451

-1,147

2,944

-13,708

-15,430

-16,409

-14,768

-1,559

7,548

-159

992

8,262

0

0

0

Advances to suppliers

5,618

8,144

59,765

65,408

49,364

35,444

18,396

37,540

28,000

66,544

45,608

30,851

38,168

-11,826

-37,191

-9,450

-16,806

14,167

8,485

-1,725

20,446

27,679

42,889

29,615

0

0

0

Prepaid expenses, other current assets and other assets

4

5

24

365

12

74

0

6

-43

-16

-17

12

49

54

16

-33

-65

-190

-86

-136

-47

-68

-60

-63

0

0

0

Value added tax receivable

-1,407

-1,269

-1,692

284

1,545

941

1,795

-71

-448

455

-408

188

-1,131

-252

470

-305

-736

-1,091

-226

-287

1,198

-139

-735

534

0

0

0

Accounts payable

-648

2,347

-1,916

-922

1,693

2,314

2,083

1,295

1,216

72

1,104

99

364

493

-71

0

-214

-25

262

-1

-535

638

-1,468

-26

0

0

0

Line of credit related to financing services

-2,379

4,939

17,601

22,117

16,356

27,701

-2,511

-13,906

28,974

-5,321

32,197

2,761

-35,284

-13,128

-13,790

-13,297

-986

-13,730

1,437

36,588

-11,734

561

-34,167

-49,036

0

0

0

Notes payable to suppliers

-15,296

-8,550

5,942

35,751

18,432

34,020

30,930

18,898

36,863

28,583

8,187

-4,883

-1,705

-9,013

-6,580

3,230

-6,353

-6,353

-11

12,691

19,044

19,044

12,703

0

0

0

0

Accrued expenses

-47

-171

291

247

339

438

-79

-38

-324

-354

-58

92

221

304

63

-137

-8

39

-55

-54

33

-111

196

382

0

0

0

Accrued interest

-

-

-

-

-

-

-

-

-806

-567

-335

3,128

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Value added tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Customer deposits

2,690

-4,061

-1,152

10,114

-7,657

-26,949

1,220

3,769

9,839

37,032

10,666

3,325

7,987

-457

4,549

15,266

-10,090

-1,774

-35,184

-27,722

12,161

14,013

46,651

28,140

0

0

0

Deferred revenue

-18

-18

-53

-68

-8

-1,253

-955

-685

-602

1,000

716

433

366

-51

-63

-51

-152

6

-14

-78

57

-21

29

47

0

0

0

Income tax payable

-102

-102

-132

-34

-75

-45

19

16

308

379

445

502

64

-100

-286

-235

-369

-640

-621

-760

-490

-3

-62

-133

0

0

0

Cash used in operating activities from continuing operations

-502

-4,723

-52,944

-49,991

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used in operating activities from discontinued operations

-

976

-304

-322

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

474

-3,746

-53,249

-50,314

-53,649

-56,242

-1,781

-7,380

-10,861

-30,045

-44,452

-54,440

-25,740

654

16,562

35,479

21,195

4,931

-809

-15,351

-28,462

-20,189

-15,495

-16,075

0

0

0

Cash flows from investing activities
Repayments from (advances to) Car King Tianjin

-

-

-

-

-

-

-

-

-

-

-

1,888

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of property and equipment

5

-0

-0

8

10

10

19

11

9

10

1

19

19

17

17

0

0

0

0

-

-

-

-

30

0

0

0

Purchase of property and equipment

7

10

217

336

343

339

124

3

2

4

10

11

12

10

13

14

17

14

7

6

28

73

100

127

0

0

0

Cash (used in) provided by investing activities from continuing operations

-368

-376

21,167

21,056

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash provided by investing activities from discontinued operations

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances to Car King Tianjin

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-368

-376

21,167

21,056

23,301

26,335

4,809

4,921

-13,866

-16,815

-16,912

-18,203

-16,641

-16,722

-32,767

-31,478

-16,140

-16,137

-7

-6

-28

-44

-71

-97

0

0

0

Cash flows from financing activities
Bank overdraft

-

35

-2,250

-2,082

-2,194

-2,290

29

-167

-98

3

-30

-5

13

-5

2,404

2,407

0

0

0

-

-

-

-

-

-

-

-

Proceeds from short-term borrowings

21,436

23,538

62,469

86,557

69,971

128,494

83,979

73,464

114,075

79,471

100,004

113,952

91,278

66,088

54,477

28,444

26,887

48,374

32,063

32,464

35,226

10,509

10,509

4,266

0

0

0

Repayments of short-term borrowings

19,727

22,429

30,629

59,726

42,628

97,551

86,775

71,250

109,343

65,053

65,994

51,321

44,588

34,934

27,144

42,472

34,455

35,998

35,485

16,902

0

0

0

-

-

-

-

Decrease of restricted cash related to short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

2,988

-6,927

-16,576

-5,573

13,462

0

0

0

-

-

-

-

-

-

-

-

Repayments to shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,754

0

0

0

Proceeds from director

2,752

657

624

686

484

594

574

599

730

565

562

581

810

865

865

862

655

555

554

852

699

699

499

38

0

0

0

Repayment of amount due to director

-

-

-

-

-

-

-

454

592

457

568

726

849

873

868

755

638

548

550

352

210

200

0

590

0

0

0

Cash provided by financing activities from continuing operations

4,321

1,802

30,214

25,434

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash provided by financing activities from discontinued operations

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

4,321

1,802

30,214

25,434

25,634

29,038

-2,494

2,191

28,013

50,424

55,998

65,469

39,737

14,565

24,161

1,948

-5,019

11,925

-3,417

16,061

27,245

15,409

14,263

6,210

0

0

0

Effect of exchange rate change on cash

-75

-126

-289

-291

-333

-561

-412

-407

-184

58

41

-73

7

36

75

202

106

73

38

-0

65

196

288

413

0

0

0

Net increase (decrease) in cash and cash equivalents

4,352

-2,446

-2,156

-4,114

-5,047

-1,430

121

-674

3,101

3,621

-5,326

-7,247

-2,636

-1,466

8,032

6,152

142

791

-4,196

703

-1,180

-4,627

-1,015

-9,548

0

0

0

Supplemental disclosure of cash flow information
Interest paid

3,462

4,334

5,261

6,148

7,114

6,727

7,788

11,525

10,675

11,935

11,346

7,645

6,591

5,410

4,453

3,650

3,245

3,100

3,480

3,905

3,168

3,062

2,515

1,665

0

0

0

Income taxes paid

-

-2

85

147

194

273

256

193

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

518

1,062

1,593

2,329

2,923

3,115

3,272

3,112

3,320

3,507

0

0

0

Non-cash activities:
Reclassification of the balance due to former shareholder to other payable after an assignment of the balance to an unrelated party

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in advances to Car King Tianjin for unpaid rent

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in balance due to shareholders for accrued expenses paid by shareholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

440

0

0

0