CTHRepealedLegislation
AASB 107 - Statement of Cash Flows - July 2004
Direct Method Statement of Cash Flows (pDirect Method Statement of Cash Flows (paragraph 18(a))
Start here
Get a plain-English read of Direct Method Statement of Cash Flows (p
Turn the raw legal text into a practical explanation grounded in AASB 107 - Statement of Cash Flows - July 2004.
Direct Method Statement of Cash Flows (paragraph 18(a))
| 20X2 | |||
|---|---|---|---|
| Cash flows from operating activities | |||
| Cash receipts from customers | 30,150 | ||
| Cash paid to suppliers and employees | (27,600) | ||
| Cash generated from operations | 2,550 | ||
| Interest paid | (270) | ||
| Income taxes paid | (900) | ||
| Net cash from operating activities | 1,380 | ||
| Cash flows from investing activities | |||
| Acquisition of subsidiary X, net of cash acquired(Note 1) | (550) | ||
| Purchase of property, plant and equipment (Note 2) | (350) | ||
| Proceeds from sale of equipment | 20 | ||
| Interest received | 200 | ||
| Dividends received | 200 | ||
| Net cash used in investing activities | (480) | ||
| Cash flows from financing activities | |||
| Proceeds from issue of share capital | 250 | ||
| Proceeds from long-term borrowings | 250 | ||
| Payment of finance lease liabilities | (90) | ||
| Dividends paid (a) | (1,200) | ||
| Net cash used in financing activities | (790) | ||
| Net increase in cash and cash equivalents | 110 | ||
| Cash and cash equivalents at beginning ofperiod (Note 3) |