CTHRepealedLegislation
AASB 107 - Statement of Cash Flows - July 2004
Indirect Method Statement of Cash Flows Indirect Method Statement of Cash Flows (paragraph 18(b))
Start here
Get a plain-English read of Indirect Method Statement of Cash Flows
Turn the raw legal text into a practical explanation grounded in AASB 107 - Statement of Cash Flows - July 2004.
Indirect Method Statement of Cash Flows (paragraph 18(b))
| 20X2 | |||
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before taxation | 3,350 | ||
| Adjustments for: | |||
| Depreciation | 450 | ||
| Foreign exchange loss | 40 | ||
| Investment income | (500) | ||
| Interest expense | 400 | ||
| 3,740 | |||
| Increase in trade and other receivables | (500) | ||
| Decrease in inventories | 1,050 | ||
| Decrease in trade payables | (1,740) | ||
| 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 |