| Jun'18 | Jun'17 | Jun'16 | Jun'15 | |||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net income | ||||||
10,499 | 20,349 | 12,117 | 26,072 | |||
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||
Depreciation | ||||||
395 | 320 | 411 | 257 | |||
Impairment loss on short-term investments | ||||||
1,272 | 0 | 0 | - | |||
Share-based compensation | ||||||
0 | -1,465 | 1,889 | 0 | |||
Interest expense for convertible debt | ||||||
0 | 0 | 113 | 0 | |||
Provision for lease payment receivables | ||||||
3,108 | 27 | 597 | - | |||
Provision for lease payment receivables | ||||||
- | - | - | 70 | |||
Deferred tax (benefit) expense | ||||||
-1,546 | 370 | -622 | -515 | |||
Provision (reversal of provision) for guarantee | ||||||
1,982 | -3,208 | 2,907 | -576 | |||
Provision for guarantee paid on behalf of guarantee service customers | ||||||
-2,896 | 0 | 0 | - | |||
Changes in assets and liabilities: | ||||||
Net investment in direct financing leases | ||||||
-3,925 | 3,638 | 53,059 | 2,594 | |||
Commission receivable | ||||||
504 | 0 | 0 | -5,538 | |||
Guarantee paid on behalf of guarantee service customers | ||||||
1,379 | -1,313 | 2,432 | 109 | |||
Unearned income from financial guarantee services | ||||||
-470 | 122 | -3,036 | -3,946 | |||
Interest receivable | ||||||
12,016 | 2,443 | 783 | -1,247 | |||
Other assets | ||||||
-145 | 546 | 330 | -2,657 | |||
Lease receivables in lease agency transactions | ||||||
- | - | - | -475 | |||
Lease payables in lease agency transactions | ||||||
- | - | - | -466 | |||
Interest payable | ||||||
-106 | 17 | 168 | 49 | |||
Income tax payable | ||||||
-410 | 314 | -324 | 2,613 | |||
Deposits from direct financing leases | ||||||
-1,983 | 1,719 | 6,096 | 441 | |||
Other liabilities | ||||||
692 | -52 | 676 | -38 | |||
Net Cash Provided by (Used in) Operating Activities | ||||||
6,501 | 13,201 | -35,611 | 31,180 | |||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchase of short-term investments | ||||||
50,728 | 73,395 | 23,873 | 183,299 | |||
Proceeds from maturities of short-term investments | ||||||
64,102 | 32,294 | 44,287 | 143,380 | |||
Deposits paid to banks for financial guarantee services | ||||||
18,874 | 19,753 | 24,152 | 27,934 | |||
Deposits released from banks for financial guarantee services | ||||||
-20,686 | -22,815 | -26,642 | -15,859 | |||
Placement of pledged bank deposits | ||||||
0 | 4,403 | 4,661 | 426 | |||
Withdrawal of pledged bank deposits | ||||||
0 | 4,403 | 406 | 412 | |||
Purchase of property, plant and equipment | ||||||
1 | 79 | 418 | 251 | |||
Consideration received on disposal of WHL (Note 1) | ||||||
0 | 270 | 0 | 0 | |||
Loan repaid by owners | ||||||
- | - | - | 47,619 | |||
Loan lent to owners | ||||||
- | - | - | 21,568 | |||
Net Cash Provided by (Used in) Investing Activities | ||||||
15,183 | -37,849 | 18,229 | -26,208 | |||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Capital paid in by owners | ||||||
0 | 0 | 29,669 | 0 | |||
Proceeds from loans | ||||||
0 | 11,751 | 46,618 | 509 | |||
Repayment of loans | ||||||
-20,578 | -16,311 | -2,476 | -611 | |||
Proceeds of convertible debt | ||||||
0 | 0 | 8,500 | 0 | |||
Repayment of convertible debt | ||||||
0 | 0 | 8,613 | 0 | |||
Repayment of share repurchase | ||||||
0 | 0 | 17,060 | 0 | |||
Proceeds from short term loans | ||||||
- | - | - | 25,580 | |||
Repayment of short term loans | ||||||
- | - | - | 25,580 | |||
Loan repaid to owners | ||||||
- | - | - | 420 | |||
Loan borrowed from owners | ||||||
- | - | - | 40 | |||
Net Cash (Used in) Provided by Financing Activities | ||||||
-20,578 | -4,559 | 56,637 | -481 | |||
EFFECT OF FOREIGN CURRENCY TRANSLATION ON CASH | ||||||
387 | -953 | -1,973 | 62 | |||
NET INCREASE (DECREASE) IN CASH | ||||||
1,494 | -30,161 | 37,280 | 4,553 | |||
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||
Cash paid for income taxes | ||||||
918 | 1,267 | 1,535 | 1,049 | |||
Cash paid for interest expense | ||||||
1,512 | 2,076 | 356 | 138 | |||