XML 20 R8.htm IDEA: XBRL DOCUMENT v3.5.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:      
Net income $ 1,264 $ 1,143 $ 595
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property, plant and equipment 317 393 557
Write down of inventories 25 80 125
Write down of property, plant and equipment 117 0 0
Loss (gain) on disposal of property, plant and equipment 0 (110) 23
Deferred income taxes 0 (12) (15)
Changes in operating assets and liabilities:      
Accounts receivable (1,378) 214 801
Inventories 687 1,539 (868)
Prepaid expenses and other assets 249 100 70
Accounts payable (291) 2 62
Accrued expenses and other liabilities 195 697 344
Income tax payable 103 55 121
Long-term deposits (32) 122 (167)
Net cash provided by operating activities 1,256 4,223 1,648
Investing activities:      
Purchase of property, plant and equipment (524) (129) (73)
Proceeds from disposal of property, plant and equipment 60 110 41
Acquisition of a subsidiary 0 (19) 0
Repayment from amount due from an equity method investee 0 0 110
Increase in long-term loan receivable 0 0 (269)
Repayment from long-term loan receivable 0 184 0
Release of bank pledged deposit 0 643 0
Contribution from a non-controlling shareholder 0 26 6
Net cash (used in) provided by investing activities (464) 815 (185)
Financing activities:      
Proceed from exercise of employee share options 0 30 0
Cash dividends paid (1,364) (758) (568)
Repayment of bank loans 0 0 (112)
Net cash used in financing activities (1,364) (728) (680)
Net increase (decrease) in cash and cash equivalents (572) 4,310 783
Cash and cash equivalents at the beginning of year 9,727 5,416 4,634
Effect of exchange rate changes on cash (15) 1 (1)
Cash and cash equivalents at the end of year 9,140 9,727 5,416
Supplemental cash flow information:      
Interest 0 7 1
Income taxes $ 120 $ 91 $ 66