AASB 107 - Statement of Cash Flows - July 2004
DefinitionsDefinitions
Start here
Get a plain-English read of Definitions
Turn the raw legal text into a practical explanation grounded in AASB 107 - Statement of Cash Flows - July 2004.
Definitions
6 The following terms are used in this Standard with the meanings specified.
Cash comprises cash on hand and demand deposits.
Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
Cash flows are inflows and outflows of cash and cash equivalents.
Financing activities are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.
Investing activities are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.
Operating activities are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities.