Hi, I was wondering why the dividend paid to parent from Sub has to show up in the consolidated SoCF (the “(65)”)? I am confused as I thought that this item Offset each other(inflow for P, outflow for S) or did I missed something out here?
There is one short cut for the acquisition For inventory for example OB 580 Acquisition 20 CB (530) Movement 70 this is the inflow, positive here goes as a positive In the cash flow, negative here goes as negative in the cash flow.
Thanks , you did . I did not watch untikl end of the lecture . you returned back to PPE T acount later. As always, good explanation . I told do not use T account by other lecturer and was always confused if it is inflow or outflow.
Sir, If we have a loan amount in non current liability section of SOFP in both the year ends ( 20×6 n 20×7) , and in the note to accounts , it says that ” loans were issued at a discount in 20×7 and the carrying amount of the loans at 31.12.20×7 included $120000 representing the finance cost attributable to the discount and allocated in respect of the current reporting period”. How does the above affect our consolidated statement of cash flows ? Though I have the answer , I don’t understand how and why it is so . 🙁
Hello Chris. I know it’s not required to balance the CF, but the total doesn’t come up to the cash movement of -40; I can’t help but to question if we have missed an adjustment? Thanks.
Hi there, I guess the difference is 5 and it’s in the receivable figure, just an error of transferring the figure instead of 51 he did 56. It happens and I read once than delivering lectures with tiny mistakes helps students to be more focused. Thanks christopher
Thank you for the kind comments, glad you find the materials useful.
If there were more hours in the day then I’d get some revision videos done but at this point I don’t have the time. Hopefully going forward I will be able to put some together.
If you get stuck anywhere then please don’t hesitate to ask on the forum.
kirill009 says
Thank you so much for the great explanation!
felix says
Hi, Chris
under the PPE T-account, instead of putting “cash 655”, the note put a “purchase 155” and a “revaluation 500”
how does that make sense?
thank you
zoransucic says
Hi, I was wondering why the dividend paid to parent from Sub has to show up in the consolidated SoCF (the “(65)”)? I am confused as I thought that this item Offset each other(inflow for P, outflow for S) or did I missed something out here?
Thanks for clarifying
Kind regards
bernie49 says
There is one short cut for the acquisition
For inventory for example
OB 580
Acquisition 20
CB (530)
Movement 70 this is the inflow, positive here goes as a positive
In the cash flow, negative here goes as
negative in the cash flow.
kelkar says
Thanks , you did . I did not watch untikl end of the lecture . you returned back to PPE T acount later. As always, good explanation . I told do not use T account by other lecturer and was always confused if it is inflow or outflow.
kelkar says
Sorry. Do we need to put purchase of a sub’s ppe (13 from the sub net assets ) to Dr side of T account of PPE ? Thanks
SHIVAKIRAN says
Amazing!
cynthiambang says
Thanks a lot for making cash flows simpler for me.
aishana says
Sir,
If we have a loan amount in non current liability section of SOFP in both the year ends ( 20×6 n 20×7) , and in the note to accounts , it says that ” loans were issued at a discount in 20×7 and the carrying amount of the loans at 31.12.20×7 included $120000 representing the finance cost attributable to the discount and allocated in respect of the current reporting period”.
How does the above affect our consolidated statement of cash flows ?
Though I have the answer , I don’t understand how and why it is so . 🙁
negret says
Thank you ever so much for your excellent lectures!
It makes all much easier!
aljeffery10 says
Hello Chris. I know it’s not required to balance the CF, but the total doesn’t come up to the cash movement of -40; I can’t help but to question if we have missed an adjustment? Thanks.
aljeffery10 says
Never mind, calculation error from my end. Sorted now!
mansoor199111 says
Hi there, I guess the difference is 5 and it’s in the receivable figure, just an error of transferring the figure instead of 51 he did 56. It happens and I read once than delivering lectures with tiny mistakes helps students to be more focused.
Thanks christopher
P2-D2 says
Thank you for the kind comments, glad you find the materials useful.
If there were more hours in the day then I’d get some revision videos done but at this point I don’t have the time. Hopefully going forward I will be able to put some together.
If you get stuck anywhere then please don’t hesitate to ask on the forum.
Thanks
annmarieseemungal says
Very good learning material and explanations. Is there any assistance with working past exam questions and how to access these?
Great help. Thank you.