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OHL USA, INC. AND SUBSIDIARIES
<br />CONSOLIDATED STATEMENT OF CASH FLOWS
<br />FOR THE YEAR ENDED DECEMBER 31, 2020
<br />CASH FLOWS FROM OPERATING ACTIVITIES:
<br />Cash received from construction contracts $ 1,361,512,570
<br />Cash received from asphalt sales 15,219,507
<br />Interest received 1,190,965
<br />Cash Provided By Operating Activities 1,377,923,042
<br />Cash paid for contract costs (1,269,185,006)
<br />Cash paid for asphalt costs (10,522,833)
<br />Cash paid for general and administrative costs (34,202,050)
<br />Income taxes paid (2,349,462)
<br />Interest paid (3,153,295)
<br />Miscellaneous expense paid (246,792)
<br />Cash Disbursed For Operating Activities (1,319,659,438)
<br />NET CASH PROVIDED BY OPERATING ACTIVITIES 58,263,604
<br />CASH FLOWS FROM INVESTING ACTIVITIES:
<br />Proceeds from sale of marketable securities 34,214,802
<br />Proceeds from sale of property and equipment 2,090,040
<br />Cash Provided By Investing Activities 36,304,842
<br />Purchase of marketable securities (22,473,164)
<br />Purchase of property and equipment (8,488,081)
<br />Cash Disbursed For Investing Activities (30,961,245)
<br />NET CASH PROVIDED BY INVESTING ACTIVITIES 5,343,597
<br />CASH FLOWS FROM FINANCING ACTIVITIES:
<br />Principal payments of long-term borrowings (5,484,841)
<br />Principal payments of obligations under finance lease (3,272,212)
<br />Repayment of note payable - parent, net (15,297,204)
<br />Distribution paid to noncontrolling interest (24,000,000)
<br />NET CASH USED IN FINANCING ACTIVITIES (48,054,257)
<br />NET INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 15,552,944
<br />CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR 195,406,183
<br />CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF YEAR $ 210,959,127
<br />The accompanying notes are an integral part or these consolidated financial statements.
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