Module 6 : Cash Flow. Lecture 1 : Cash Flow Statement
|
|
- Laurence Booth
- 7 years ago
- Views:
Transcription
1 Module 6 : Cash Flow Lecture 1 : Cash Flow Statement Objectives In this lecture you will learn the following Introduction Cash Flow Statement. Meaning. Applicability. Cash and Cash equivalents. Meaning and Types Cash Flow. Operating Activities. Investing Activities. Financing Activities. Interest. Dividend. Foreign Currency transactions. Extraordinary items. Treatment of Tax. Investments in subsidiaries, associates and joint ventures. Acquisitions and disposals of subsidiaries and other business units. Non-cash transactions. Disclosures of cash and cash equivalents. Introduction Traditional financial statement fails to inform the way enterprise has generated cash and were utilised in the accounting period. The need for inclusion of cash summary was therefore recognised. Meaning The summary of cash transactions (receipts and payments) during an accounting period is called Cash Flow Statement. The transactions are catagorised as Operating, Investing and Financing. Accounting Standard The Accounting Standards are issued to establish principals and policies which have to be complied by the business entities in preparing the financial statement. AS-3 AS-3/IAS-7/IndAS-7 deals with preparation of Cash flow Statement. AS-3 applies to the enterprises: Having turnover more than Listed companies. Rs. 50 Crores in a financial year. Cash and Cash Equivalents Cash:- Cash in hand and deposits repayable on demand with any bank or other financial institution. Cash Equivalents:-
2 Short term, highly liquid investments, that are readily convertible into known amounts of cash and are subject to insignificant risk/change to value. Meaning of Cash Flow Cash flows are inflows (i.e. receipts) and outflows (i.e. payments) of cash and cash equivalents. Movement in cash and cash equivalents are not cash flows. Types of Cash Flow The cash flows generated through various activities are classified as Operating cash flow. Investing cash flow. Financing cash flow. Operating Activities These are principal revenue producing activities of the enterprise. Examples: Cash receipts from sale of goods or rendering services. Cash receipts from royalties, fees, commissions and other revenue. Cash payments to suppliers of goods and service. Cash payments to and on behalf of employees. Reporting of Cashflow from operating activities It can be derived either from direct method or indirect method. Direct method: In this method, gross receipts and gross payments of cash are disclosed. Direct Method Cash receipts from customers Cash paid to suppliers Cash paid to employees Cash paid for other operating expenses Cash generated from operation Income tax paid Net cash from operating activities
3 Indirect method: In this method, profit and loss account is adjusted for the effects of transaction of noncash and non-operating nature. Cash flow statement of listed companies shall be presented only under the indirect method as prescribed in AS 3. Retained Earning Add: Dividend paid Income Tax Net Profit Before Tax Add: Depreciation Loss on sale of Asset/Investment Interest Paid Provision for Bad debts Less: Interest/ Dividend Received Profit on sale of Asset/ Investment Funds from operations Add: Decrease in Current Asset Add: Increase in Current Liabilities Less: Increase in Current Asset Less: Decrease in Current Liabilities Cash generated from operation Income Tax Paid Net Cash flow from operating activities Investing Activities The activities of acquisition and disposal of long term assets and other investments not included in cash equivalent are investing activities. It includes acquiring and disposal of debt and equity instruments, property and fixed assets etc. Examples: Cash payments for purchase of fixed assets. Cash receipts from disposal of FAs. Cash payments to purchase shares, or debt instruments of other companies. Cash receipt from disposal of above investments. Financing Activities Those activities that result in changes in size and composition of owners capital and borrowing of the organization. It includes receipts from issuing shares, debentures, bonds, borrowing and payment of borrowed amount, loan etc. Financing Activities Example: Issue of equity shares. Buy back of equity shares. Issue/ Redemption of preference shares. Issue / redemption of debentures. Long term loan / payment thereof. Dividend / interest paid.
4 Interest Interest Received Received on investment it is investment inflow. Received from short term investment classified, as cash equivalents should be considered as cash inflows from operating activities. Received on trade advances and operating receivables should be in operating inflows. For financial enterprises in operating inflow. Interest Paid On loans/debts is financing activities. On working capital loan or loan taken to finance operating activities are included in operating inflows. For financial enterprises in operating outflow. Dividend Dividend Received For non-financial enterprises investing inflow. For financial enterprises operating inflow. Dividend Paid Always classified as financing inflow. Foreign currency transactions The effect of change in exchange rate in cash and cash equivalents held in foreign currency should be reported as separate part of the reconciliation of cash and cash equivalents. Unrealized gain and losses arising from changes in foreign exchanges rates are not cash flows. Extraordinary items Ex. loss by Fire The cash flows associated with extraordinary items should be classified as arising from Operating, Investing or Financing activities as appropriate and separately disclosed. Example: Insurance claim received against loss of stock or profits is extraordinary operating cash inflow. Insurance claim received against loss of fixed assets is extraordinary investing cash inflow. Treatment of tax Cash flow for tax payments / refund should be classified as cash flow from operating activities. Tax deducted at source against income are operating cash outflows if concerned income are operating. Cash flow for tax payments identified with a specific investing or financing flow should be classified as investing or financing flow respectively. E.g. Dividend Tax is recognised as financing flow.
5 Investments in subsidiaries/ associates Only the cash flow between enterprise itself and the investee is required to be reported. Example: Cash flow relating to dividends and advances. Acquisitions and disposals of subsidiaries/other businesses Cash flow on acquisition and disposal of subsidiaries and other business units should be : Presented separately, Classified as investing activities. Total purchase and disposal should be disclosed separately. The position of the purchase / disposal consideration discharged by means of cash and cash equivalents should be disclosed separately. Non-cash transactions These should be excluded from the cash flow statement. These transactions should be disclosed in the financial statements. Examples Acquisition of assets by assuming directly related liabilities. Acquisition of an enterprise by means of issue of equity shares. Conversion of debt to equity. Disclosures of cash and cash equivalents The components of cash and cash equivalents should be disclosed. Reconciliation of the amount in the cash flow statement with the equivalent items reported in the balance sheet. The amount of cash and cash equivalent balance held by the enterprises that are not available for use (with explanation by management). The amount of undrawn borrowing facilities that may be available for future operating activities (indicating any restriction on use of these facilities).
Statement of Cash Flows
STATUTORY BOARD FINANCIAL REPORTING STANDARD SB-FRS 7 Statement of Cash Flows This version of SB-FRS 7 does not include amendments that are effective for annual periods beginning after 1 January 2014.
More informationInternational Accounting Standard 7 Statement of cash flows *
International Accounting Standard 7 Statement of cash flows * Objective Information about the cash flows of an entity is useful in providing users of financial statements with a basis to assess the ability
More informationNEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS
NAS 03 NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS CONTENTS Paragraphs OBJECTIVE SCOPE 1-3 BENEFITS OF CASH FLOWS INFORMATION 4-5 DEFINITIONS 6-9 Cash and cash equivalents 7-9 PRESENTATION OF A
More informationIndian Accounting Standard (Ind AS) 7 Statement of Cash Flows
Contents Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows Paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS 6 9 Cash and cash equivalents 7 9 PRESENTATION OF
More informationInternational Financial Accounting (IFA)
International Financial Accounting (IFA) Preparation and presentation of Financial Statements DEPARTMENT OF BUSINESS AND LAW ROBERTO DI PIETRA SIENA, NOVEMBER 4, 2013 1 INTERNATIONAL FINANCIAL ACCOUNTING
More informationSri Lanka Accounting Standard-LKAS 7. Statement of Cash Flows
Sri Lanka Accounting Standard-LKAS 7 Statement of Cash Flows CONTENTS SRI LANKA ACCOUNTING STANDARD-LKAS 7 STATEMENT OF CASH FLOWS paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS
More informationInternational Financial Reporting Standards (IFRS)
FACT SHEET September 2011 IAS 7 Statement of Cash Flows (This fact sheet is based on the standard as at 1 January 2010.) Important note: This fact sheet is based on the requirements of the International
More informationCash Flow Statements
Compiled Accounting Standard AASB 107 Cash Flow Statements This compiled Standard applies to annual reporting periods beginning on or after 1 July 2007. Early application is permitted. It incorporates
More informationStatement of Cash Flows
HKAS 7 Revised February November 2014 Hong Kong Accounting Standard 7 Statement of Cash Flows HKAS 7 COPYRIGHT Copyright 2014 Hong Kong Institute of Certified Public Accountants This Hong Kong Financial
More informationCASH FLOW STATEMENT. MODULE - 6A Analysis of Financial Statements. Cash Flow Statement. Notes
MODULE - 6A Cash Flow Statement 30 CASH FLOW STATEMENT In the previous lesson, you have learnt various types of analysis of financial statements and its tools such as comparative statements, common size
More informationIGAS 3. Cash Flow Statements. Government Accounting Standards Advisory Board. Contents
Cash Flow Statements Government Accounting Standards Advisory Board Contents Description Page Number 1. Introduction 3 2. Objective 3 3. Scope 3 4. Benefits of Cash Flow Information 4 5. Definitions 4
More information5 BUSINESS ACCOUNTING STANDARD CASH FLOW STATEMENT I. GENERAL PROVISIONS II. KEY DEFINITIONS
APPROVED by Resolution No. 1 of 18 December 2003 of the Standards Board of the Public Establishment the Institute of Accounting of the Republic of Lithuania 5 BUSINESS ACCOUNTING STANDARD CASH FLOW STATEMENT
More informationAccounting and Reporting Policy FRS 102. Staff Education Note 1 Cash flow statements
Staff Education Note 1: Cash flow Statements Accounting and Reporting Policy FRS 102 Staff Education Note 1 Cash flow statements Disclaimer This Education Note has been prepared by FRC staff for the convenience
More informationIPSAS 2 CASH FLOW STATEMENTS
IPSAS 2 CASH FLOW STATEMENTS Acknowledgment This International Public Sector Accounting Standard (IPSAS) is drawn primarily from International Accounting Standard (IAS) 7, Cash Flow Statements published
More informationMPSAS 2 GOVERNMENT OF MALAYSIA MPSAS 2. Cash Flow Statements
MPSAS 2 GOVERNMENT OF MALAYSIA MPSAS 2 Cash Flow Statements March 2013 MPSAS 2 CASH FLOW STATEMENTS Acknowledgment The Malaysian Public Sector Accounting Standard (MPSAS) 2 is based on International Public
More informationDeloitte GAAP 2014: FRS 102 - Volume B (UK Series)
Deloitte GAAP 2014: UK Reporting - FRS 102 - Volume B (UK Series) Chapter B7: Free postage when you order online www.lexisnexis.co.uk/store or call 0845 370 1234 B7 Contents 1 Introduction 211 2 Scope
More informationFRS1 FINANCIAL REPORTING STANDARDS ACCOUNTING STANDARDS BOARD OCTOBER 1996 FRS 1 (REVISED 1996)
ACCOUNTING STANDARDS BOARD OCTOBER 1996 FRS 1 (REVISED 1996) Financial Reporting Standard 1 (Revised 1996) is set out in paragraphs 1-50. The Statement of Standard Accounting Practice set out in paragraphs
More informationAccounting Guideline
Accounting Guideline GAP 2 Cash Flow Statements All rights reserved. No part of this publication may be reproduced, stored in retrieval system, or transmitted, in any form or by any means, electronic,
More informationCash Flow Statement. IPCC Paper 1: Accounting/Financial Management Chapter 2 -Unit 2. CA. Pankaj Goel
Cash Flow Statement IPCC Paper 1: Accounting/Financial Management Chapter 2 -Unit 2 1 CA. Pankaj Goel Questions that Cash Flow Statement Answers 1 Where did the cash come from? 2 3 What purpose cash used
More informationAUGUST 2012. IAS 7: Statement of Cash Flows a guide to avoiding common pitfalls and application issues
AUGUST 2012 IAS 7: Statement of Cash Flows a guide to avoiding common pitfalls and application issues Important Disclaimer: This document has been developed as an information resource. It is intended as
More informationFor personal use only
Rule 4.7B Quarterly report for entities admitted on the basis of commitments Name of entity Cordlife Ltd ABN Quarter ended ( current quarter ) 48 108 051 529 30 June 2011 Consolidated statement of cash
More informationSection A: Questions On Fill In The Blanks
Section A : 26 FILL IN THE BLANK Section B : 10 TRUE OR FALSE QUESTIONS Section C : 11 Multiple Choice Questions Section A: Questions Fill In The Blanks the right column please insert the items from which
More informationPreparation Of The Statement Of Cash Flows In Accordance With IAS 7
Preparation Of The Statement Of Cash Flows In Accordance With IAS 7 Ephraim Hudson Mazvidza Matavire, Tawanda Dzama Abstract: International Accounting Standard (IAS) 1: Presentation of financial statements,
More informationAppendix 5B. Mining exploration entity and oil and gas exploration entity quarterly report
Mining exploration entity and oil and gas exploration entity ly report Appendix 5B Mining exploration entity and oil and gas exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97,
More informationStructure of the Standard
INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARD: FINANCIAL REPORTING UNDER THE CASH BASIS OF ACCOUNTING Structure of the Standard This Standard comprises two parts: Part 1 is mandatory. It sets out the
More informationAppendix 5B Mining exploration entity quarterly report
Name of entity Appendix 5B SEGUE RESOURCES LTD Rule 5.3 ABN Quarter ended ("current quarter") 49 112 609 846 31 December 2015 Consolidated statement of cash flows Cash flows related to operating activities
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 108 476 384 30 September 2015
Mining exploration entity ly report Appendix 5B Rule 5.3 Mining exploration entity ly report Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity Aurelia Metals
More informationThe Statement of Cash Flows
CHAPTER The Statement of Cash Flows OBJECTIVES After careful study of this chapter, you will be able to: 1. Define operating, investing, and financing activities. 2. Know the categories of inflows and
More informationAdviser alert New publication on IAS 7: Statement of Cash Flows a guide to avoiding common pitfalls and application issues
Adviser alert New publication on IAS 7: Statement of Cash Flows a guide to avoiding common pitfalls and application issues August 2012 Overview The Grant Thornton International IFRS team has published
More informationAudit Report of Independent Certified Public Accountants
Audit Report of Independent Certified Public Accountants The Board of Directors Acer Incorporated: We have audited the non-consolidated balance sheets of Acer Incorporated (the Company ) as of June 30,
More informationSuruhanjaya Syarikat Malaysia Taxonomy Tagging List Templates ssmt_20131231
Suruhanjaya Syarikat Malaysia Taxonomy Tagging List Templates ssmt_20131231 A view of financial and non financial elements as may be presented in set of financial statements. Content Page [010000] Filing
More information16 BUSINESS ACCOUNTING STANDARD CONSOLIDATED FINANCIAL STATEMENTS AND INVESTMENTS IN SUBSIDIARIES I. GENERAL PROVISIONS
APPROVED by Resolution No. 10 of 10 December 2003 of the Standards Board of the Public Establishment the Institute of Accounting of the Republic of Lithuania 16 BUSINESS ACCOUNTING STANDARD CONSOLIDATED
More informationG8 Education Limited ABN: 95 123 828 553. Accounting Policies
G8 Education Limited ABN: 95 123 828 553 Accounting Policies Table of Contents Note 1: Summary of significant accounting policies... 3 (a) Basis of preparation... 3 (b) Principles of consolidation... 3
More informationBrief Report on Closing of Accounts (connection) for the Term Ended March 31, 2007
MARUHAN Co., Ltd. Brief Report on Closing of (connection) for the Term Ended March 31, 2007 (Amounts less than 1 million yen omitted) 1.Business Results for the term ended on March, 2007 (From April 1,
More informationAppendix 5B. Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10. Quarter ended ( current quarter )
Mining exploration entity ly report Appendix 5B Rule 5.3 Mining exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 85 126 379 646 31 December 2015
Appendix 5B.Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001. Name of entity AVANCO RESOURCES LIMITED ABN Quarter ended ( current ) 85 126 379 646 31 December 2015 Consolidated
More informationCONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002
CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002 Unaudited Unaudited Note Turnover 2 5,576 5,803 Other net losses (1) (39) 5,575 5,764 Direct costs and operating expenses (1,910)
More informationFor personal use only
Mining exploration entity and oil and gas exploration entity ly report Rule 5.5 Mining exploration entity and oil and gas exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97,
More informationAppendix 4C. Quarterly report for entities admitted on the basis of commitments. Quarter ended ( current quarter ) 58 009 213 754 31 DECEMBER 2015
Appendix 4C Rule 4.7B Quarterly report for entities admitted on the basis of commitments Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10 Name of entity AGENIX LIMITED ABN Quarter ended ( current
More informationAppendix 5B. Mining exploration entity quarterly report LACONIA RESOURCES LIMITED 29 137 984 297 31 DECEMBER 2015
Appendix 5B Rule 5.3 Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity LACONIA RESOURCES LIMITED ABN Quarter ended ( current quarter ) 29 137
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 68 073 914 191 31 December 2015
Appendix 5B Rule 5.3 Name of entity AUSTRALIAN MINES LIMITED AUZ ABN Quarter ended (current quarter ) 68 073 914 191 31 December 2015 Consolidated statement of cash flows Cash flows related to operating
More informationFor personal use only
Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity WOLF PETROLEUM LIMITED ABN Quarter ended ( current quarter ) 35 116 249 060 31 MARCH 2014 Consolidated
More informationFor personal use only
Appendix 5B Mining exploration entity quarterly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity Vital Metals Ltd ABN Quarter ended (
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 38 119 047 693 30 September 2011
Appendix 5B Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity COPPER RANGE LIMITED ABN Quarter ended ( current quarter ) 38 119 047 693 30 September
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 65 094 206 292 30 June 2013
Mining exploration entity ly report Appendix 5B Rule 5.3 Mining exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity
More informationFor personal use only
Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity THE CARAJAS COPPER COMPANY LIMITED ABN Quarter ended ( current quarter ) 88 076 390 451 30 SEPTEMBER
More informationAppendix 5B. Quarter ended ( current quarter ) 51 153 918 257 31 December 2013
Appendix 5B Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity HIGHFIELD RESOURCES LIMITED ABN Quarter ended ( current quarter ) 51 153 918 257
More informationAppendix 5B. Mining exploration entity and oil and gas exploration entity quarterly report
Mining exploration entity and oil and gas exploration entity ly report Appendix 5B Mining exploration entity and oil and gas exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97,
More informationWhat Do I See on Cash Flow Statements?
Cash Flow Statements» What Do I See on Cash Flow Statements» Learning Objectives and Key Take-aways www.navigatingaccounting.com What Do I See on Cash Flow Statements? L E A R N I N G O B J E C T I V E
More information10,244,076 12,293,446 762,193,593 635,132,711
Financial Statements 2007 45 Balance Sheet As at December 31, 2007 2006 2007 US Dollars in '000 Note 2007 2006 Rupees in '000 ASSETS 1,268,149 1,530,214 Cash and balances with treasury banks 6 94,873,249
More informationACCOUNTING STANDARD 23 (AS - 23) Accounting for Investments in Associates in Consolidated Financial Statements
ACCOUNTING STANDARD 23 (AS - 23) Accounting for Investments in Associates in Consolidated Financial Statements Commencement AS - 23 comes into effect from April 1,2002. Objective The standard explains
More informationAppendix 5B. Quarter ended ( current quarter ) 68 064 120 896 31 March 2015. Net Operating Cash Flows (512) (2,380)
Appendix 5B Rule 5.3 Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity GLOBAL PETROLEUM LIMITED ABN 68 064 120 896 31 March 2015 Quarter ended
More informationThe Effects of Changes in Foreign Exchange Rates
STATUTORY BOARD FINANCIAL REPORTING STANDARD SB-FRS 21 The Effects of Changes in Foreign Exchange Rates SB-FRS 21 The Effects of Changes in Foreign Exchange Rates was operative for Statutory Boards financial
More informationAppendix 5B Mining exploration entity and oil and gas exploration entity quarterly report. Appendix 5B
Mining exploration entity and oil and gas exploration entity ly report Appendix 5B Rule 5.5 Mining exploration entity and oil and gas exploration entity ly report Introduced 01/07/96 Origin Appendix 8
More informationAppendix 5B. Quarter ended ( current quarter ) 68 064 120 896 31 December 2015. Net Operating Cash Flows (568) (1,210)
Appendix 5B Rule 5.3 Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity GLOBAL PETROLEUM LIMITED ABN Quarter ended ( current ) 68 064 120 896
More informationAppendix 5B. Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013
Appendix 5B Rule 5.5 Mining exploration entity and oil and gas exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013 Name
More informationAppendix 5B. RNI NL and its controlled entities. Quarter ended ( current quarter ) 77 085 806 284 30 Jun 2016
Appendix 5B Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity RNI NL and its controlled entities ABN Quarter ended ( current quarter ) 77 085 806
More informationStatement of Cash Flows: Reporting and Analysis
Statement of Cash Flows: Reporting and Analysis Statement of Cash Flows: Reporting and Analysis Copyright 2014 by DELTACPE LLC All rights reserved. No part of this course may be reproduced in any form
More informationAppendix 5B. Mining exploration entity and oil and gas exploration
Appendix 5B Rule 5.5 Mining exploration entity and oil and gas exploration entity quarterly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013
More informationAPPENDIX 5B Mining exploration entity quarterly report
1 of 5 APPENDIX 5B Mining exploration entity quarterly report TORO ENERGY LTD Quarter ended ABN. 48 117 127 590 June 2015 Consolidated statement of cash flows (Note 6.0) Cash flows related to operating
More informationhow to prepare a cash flow statement
business builder 4 how to prepare a cash flow statement zions business resource center zions business resource center 2 how to prepare a cash flow statement A cash flow statement is important to your business
More informationIFRS IN PRACTICE. IAS 7 Statement of Cash Flows
IFRS IN PRACTICE IAS 7 Statement of Cash Flows 2 IFRS IN PRACTICE - IAS 7 STATEMENT OF CASH FLOWS TABLE OF CONTENTS 1. Introduction 3 2. Definition of cash and cash equivalents 4 2.1. Demand deposits 4
More informationChapter. Statement of Cash Flows For Single Company
Chapter 4 Statement of Cash Flows For Single Company 4.1 Single company statement of cash flows Statement of cash flows are primary financial statements and are required along side the income statement
More informationAppendix 4C. Quarterly report for entities admitted on the basis of commitments BIOTRON LIMITED. Quarter ended ( current quarter )
Appendix 4C Rule 4.7B Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10 Quarterly report for entities admitted on the basis of commitments Name of entity BIOTRON LIMITED ABN Quarter ended ( current
More informationInternational Financial Reporting Standard 7. Financial Instruments: Disclosures
International Financial Reporting Standard 7 Financial Instruments: Disclosures INTERNATIONAL FINANCIAL REPORTING STANDARD AUGUST 2005 International Financial Reporting Standard 7 Financial Instruments:
More informationFor personal use only
ASX ANNOUNCEMENT 30 th April 2014 & Working Capital Update ADG Global Supply (ASX: ADQ) has today released its cash flow report for the period ending 31 March 2014. For the quarter, ADG experienced an
More informationAppendix 5B. Mining exploration entity quarterly report
Mining exploration entity ly report Appendix 5B Rule 5.3 Mining exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity
More informationCash is King. cash flow is less likely to be affected
Reading 27: Understanding Cash Flow Statements Relevance of Cash Flow The primary purpose of the statement of cash flows (SCF) is to provide: Info about a firm s cash receipts & cash payments during an
More informationAccounting for Investments
133 Accounting Standard (AS) 13 Accounting for Investments Contents INTRODUCTION Paragraphs 1-3 Definitions 3 EXPLANATION 4-25 Forms of Investments 4-6 Classification of Investments 7-8 Cost of Investments
More informationTransition to International Financial Reporting Standards
Transition to International Financial Reporting Standards Topps Tiles Plc In accordance with IFRS 1, First-time adoption of International Financial Reporting Standards ( IFRS ), Topps Tiles Plc, ( Topps
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 46 168 910 978 31 December 2015
Appendix 5B Rule 5.3 Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity TIAN POH RESOURCES LIMITED ABN Quarter ended ( current ) 46 168 910 978
More informationFor personal use only
Rule 5.3 Mining exploration entity quarterly report Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001. Name of entity Enterprise Metals Limited ABN Quarter ended ( current quarter
More informationACC 255 FINAL EXAM REVIEW PACKET (NEW MATERIAL)
Page 1 ACC 255 FINAL EXAM REVIEW PACKET (NEW MATERIAL) Complete these sample exam problems/objective questions and check your answers with the solutions at the end of the review file and identify where
More informationCH 23 STATEMENT OF CASH FLOWS SELF-STUDY QUESTIONS
C H 2 3, P a g e 1 CH 23 STATEMENT OF CASH FLOWS SELF-STUDY QUESTIONS (note from Dr. N: I have deleted questions for you to omit, but did not renumber the remaining questions) 1. The primary purpose of
More informationHOLLY SPRINGS INVESTMENTS LIMITED HALF YEAR REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 CONTENTS STATEMENT OF FINANCIAL PERFORMANCE 1
HALF YEAR REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 CONTENTS PAGES STATEMENT OF FINANCIAL PERFORMANCE 1 STATEMENT OF MOVEMENTS IN EQUITY 2 STATEMENT OF FINANCIAL POSITION 4-4 STATEMENT OF CASH
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 44 009 163 919 31 December 2015
Mining exploration entity ly report Appendix 5B Rule 5.3 Mining exploration entity ly report Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001. Name of entity NIUMINCO GROUP LIMITED
More informationCHAPTER 23. Statement of Cash Flows 1, 2, 7, 8, 12 3, 4, 5, 6, 16, 17, 19 9, 20 4, 5, 9, 10, 11 10, 13, 15, 16. 7. Worksheet adjustments.
CHAPTER 23 Statement of Cash Flows ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems Concepts for Analysis 1. Format, objectives purpose, and source of statement.
More informationChapter 21 The Statement of Cash Flows Revisited
Chapter 21 The Statement of Cash Flows Revisited AACSB assurance of learning standards in accounting and business education require documentation of outcomes assessment. Although schools, departments,
More informationThe Income Statement and Statement of Cash Flows
THE STATEMENT OF CASH FLOWS Purpose of the Statement of Cash Flows The purpose of the statement of cash flows is to identify the sources and uses of cash and the change in cash from the beginning to the
More informationDumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010
Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010 Contents Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations and Unappropriated
More informationLarge Company Limited. Report and Accounts. 31 December 2009
Registered number 123456 Large Company Limited Report and Accounts 31 December 2009 Report and accounts Contents Page Company information 1 Directors' report 2 Statement of directors' responsibilities
More informationRELATE ACCOUNTS PRODUCTION
RELATE ACCOUNTS PRODUCTION GUIDE TO CASH FLOW STATEMENTS Contents SUPPORT SERVICES...3 COPYRIGHT...3 BACKROUND TO DOCUMENT...4 CUSTOMER SUPPORT... 4 IMPORTANT NOTICE... 4 HELP... 4 CASH FLOW STATEMENT...5
More information$ 2,035,512 98,790 6,974,247 2,304,324 848,884 173,207 321,487 239,138 (117,125) 658,103
FINANCIAL SECTION CONSOLIDATED BALANCE SHEETS Aioi Insurance Company, Limited (Formerly The Dai-Tokyo Fire and Marine Insurance Company, Limited) and March 31, and ASSETS Cash and cash equivalents... Money
More informationAppendix 5B Mining exploration entity and oil and gas exploration entity quarterly report. Appendix 5B. Mining exploration entity quarterly report
Mining exploration entity and oil and gas exploration entity ly report Appendix 5B Rule 5.5 Mining exploration entity ly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01,
More informationStatement of Financial Accounting Standards No. 7. Consolidated Financial Statements
Statement of Financial Accounting Standards No. 7 Statement of Financial Accounting Standards No. 7 Consolidated Financial Statements 30 November 2004 Translated by Wei-heng Lin, Associate Professor (Chung
More informationQuarterly report for entities admitted on the basis of commitments
Appendix 4C Rule 4.7B Quarterly report for entities admitted on the basis of commitments Introduced 31/03/00 Amended 30/09/01, 24/10/05, 17/12/10 Name of entity Papyrus Australia Limited ABN Quarter ended
More informationCharities Accounting Standard Accounting Template Explanatory Notes
Charities Accounting Standard Accounting Template Explanatory Notes Introduction Purpose of Accounting Template The Accounting Template is designed to help smaller charities prepare and present financial
More informationTCS Financial Solutions Australia (Holdings) Pty Limited. ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015
TCS Financial Solutions Australia (Holdings) Pty Limited ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015 Contents Page Directors' report 3 Statement of profit or loss and other
More informationConsolidated balance sheet
83 Consolidated balance sheet December 31 Non-current assets Goodwill 14 675.1 978.4 Other intangible assets 14 317.4 303.8 Property, plant, and equipment 15 530.7 492.0 Investment in associates 16 2.5
More informationAppendix 5B Mining exploration entity and oil and gas exploration entity quarterly report. Appendix 5B
Mining exploration entity and oil and gas exploration entity ly report Appendix 5B Rule 5.5 Mining exploration entity and oil and gas exploration entity ly report Introduced 01/07/96 Origin Appendix 8
More informationTreasury Market Risk Management
Treasury Market Risk Management Treasury Management Treasury management is a broader concept than liquidity management Management of cash flows in terms of: Amount of cash inflow / outflow Currency of
More informationIFRS. Disclosure checklist. August 2012. kpmg.com/ifrs
IFRS Disclosure checklist August 2012 kpmg.com/ifrs Contents About this publication 1 What s new? 2 The Checklist 3 1. General presentation 3 1.1 Presentation of financial statements 3 1.2 Changes in equity
More informationAppendix 5B. Mining exploration entity quarterly report. Quarter ended ( current quarter ) 85 003 257 556 30 September 2013
Appendix 5B Rule 5.3 Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10. Name of entity MILLENNIUM MINERALS LIMITED ABN Quarter ended ( current ) 85 003 257 556 30 September
More informationFinancial Instruments: Disclosures
STATUTORY BOARD SB-FRS 107 FINANCIAL REPORTING STANDARD Financial Instruments: Disclosures This version of the Statutory Board Financial Reporting Standard does not include amendments that are effective
More informationInternational Financial Reporting Standard 7 Financial Instruments: Disclosures
EC staff consolidated version as of 21 June 2012, EN EU IFRS 7 FOR INFORMATION PURPOSES ONLY International Financial Reporting Standard 7 Financial Instruments: Disclosures Objective 1 The objective of
More informationConsolidated Interim Earnings Report
Consolidated Interim Earnings Report For the Six Months Ended 30th September, 2003 23th Octorber, 2003 Hitachi Capital Corporation These financial statements were prepared for the interim earnings release
More informationPRELIMINARY RESULTS FOR HALF YEAR ENDED 30 SEPTEMBER 2015
Page 1 PRELIMINARY RESULTS FOR HALF YEAR ENDED 30 SEPTEMBER 2015 Reporting Period 6 months to 30 September 2015 Reporting Period 6 months to 30 September 2014 Amount NZ$ 000 Percentage Change % Revenue
More informationModule 7 Statement of Cash Flows
IFRS for SMEs (2009) + Q&As IFRS Foundation: Training Material for the IFRS for SMEs Module 7 Statement of Cash Flows IFRS Foundation: Training Material for the IFRS for SMEs including the full text of
More informationCONSOLIDATED STATEMENTS OF OPERATIONS
CONSOLIDATED STATEMENTS OF OPERATIONS For the years ended December 31, (in millions of Canadian dollars except for per share amounts) 2015 2014 Revenue Premiums Gross $ 16,824 $ 15,499 Less: Ceded 6,429
More informationNEW SCHEDULE VI (SECTION 221)
NEW SCHEDULE VI (SECTION 221) The Schedule VI has been revised by MCA and is applicable for all Balance Sheet made after 31st March, 2011. The Format has done away with earlier two options of format of
More information