cash flow statmntForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › cash flow statmntThis topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts February 18, 2017 at 3:29 am #372953 amawesome2ParticipantTopics: 85Replies: 24☆☆Why is share of profit in associate deducted frm group cash flow ?is it coz when the parent gets apportioned a share of the profit, it is like a bookish entry rather thn any actual cash transferred to the parent(kind of a noncash income)? February 19, 2017 at 9:25 pm #373203 P2-D2KeymasterTopics: 4Replies: 6889☆☆☆☆☆Yes, the profit in associate is a non-cash item so is adjusted for by removing it from the group profit before tax.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In