Himax Technologies, Inc. Reports Fourth Quarter and Full Year 2016 Financial Results; Provides First Quarter 2017 Guidance
|
Himax Technologies, Inc. | |
Unaudited
Condensed
Consolidated Statements of Cash Flows | |
(
Amounts
in
T
housands of U
.
S
.
D
ollars) | |
|
|
Three Months
Ended
December 31, |
|
Three Months
Ended
September 30
, | |
|
| |
201
6 | |
| |
201
5 | |
| |
201
6 | | |
Cash flows from financing activities: | | | | | | | | Payments of cash dividends | | $ | --- | | | $ | --- | | | $ | (22,348 | ) | | Proceeds from disposals of subsidiary shares to noncontrolling interests by Himax Imaging, Inc. | | | --- | | | | 4 | | | | 8 | | | Purchases of subsidiary shares from noncontrolling interests | | | (85 | ) | | | (145 | ) | | | (290 | ) | | Proceeds from short-term debt | | | 31,000 | | | | 92,303 | | | | 89,000 | | | Repayments of short-term debt | | | (31,000 | ) | | | (92,303 | ) | | | (89,000 | ) | |
Net cash
used in
financing activities |
| | (85 | ) | | | (141 | ) | | | (22,630 | ) | |
Effect of
foreign currency
exchange rate change
s on cash and cash equivalents | | | (149 | ) | | | (92 | ) | | | (16 | ) | |
Net
increase (
decrease
)
in cash and cash equivalents |
| | 43,647 | | | | 23,442 | | | | (23,618 | ) | |
Cash and cash equivalents at beginning of period | | | 140,805 | | | | 106,387 | | | | 164,423 | | |
Cash and cash equivalents at end of period |
|
$ |
184,452 | |
|
$ |
129,829 | |
|
$ |
140,805 | | | |
| |
| |
| | |
Supplemental disclosures of cash flow information: |
| |
| |
| | | Cash paid during the period for: |
| |
| |
| | | Interest |
|
$ |
131 | |
|
$ |
79 | |
|
$ |
137 | | | Income taxes |
|
$ |
314 | |
|
$ |
350 | |
|
$ |
4,558 | | | |
|
|
|
|
|
| |
Supplemental disclosures of
investing activities affecting both cash and non-cash items
: |
|
|
|
|
|
| | Purchases of property, plant and equipment |
| $ | 1,595 | |
| $ | 1,948 | |
| $ | 1,949 | | | Decrease (increase) in payable for purchases of equipment and asset retirement obligations |
| | 564 | |
| | 1,619 | | | | (88 | ) | | Cash paid |
|
$ |
2,159 | |
|
$ |
3,567 | |
|
$ |
1,861 | |
|
